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FTSE 100 pulled lower by financial stocks while DAX surges as inflation cools featured picture

FTSE 100 pulled lower by financial stocks while DAX surges as inflation cools

The FTSE 100 closed lower on Wednesday, with China-exposed stocks on the decline, though its blue-chip peer in Frankfurt surged as automotive firms rallied and the retail sector shone on a cooler German inflation reading. Some hawkish comments from a US monetary policymaker sucked some of the initial enthusiasm out of stocks in New York. They cut the dollar some slack, though, with the pound n...
The Crowdstrike metrics that stand out in cybersecurity firm’s knockout third quarter featured picture

The Crowdstrike metrics that stand out in cybersecurity firm’s knockout third quarter

Cybersecurity company CrowdStrike (CRWD:NASDAQ) has been on a tear this year as investor bet on years of AI-powered growth. They were not left disappointed. The Austin, Texas-based company announced better-than-expected results in the third quarter to 31 October, producing earnings of $0.82 per share on revenue up 35.3% year-on-year to $786 million. Analysts had been anticipating $0.74 on $777...
Halfords shares hit the skids as weak bike and tyre sales trigger profit downgrade featured picture

Halfords shares hit the skids as weak bike and tyre sales trigger profit downgrade

Car parts-to-bicycles retailer Halfords (HFD) has warned annual profits will fall short of previous guidance after seeing weak sales of discretionary big ticket products such as bicycles and tyres in the past few months as consumers contend with higher interest rates and the ongoing cost-of-living crisis. The warning from Worcestershire-based Halfords, which has reportedly received takeover in...
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