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 Asia-Pacific stock markets started higher Thursday, following declines a day earlier and muted action overnight on Wall Street.
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Reuters
European stocks notched small gains Thursday, showing signs of recovery from its deepest loss in weeks, as a fresh batch of earnings reports rolled in. Among those results, Deutsche Bank AG posted a steep slide in profit and signaled it will make
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A strong economy and even stronger company earnings will create a powerful tailwind, says Ivan Martchev.
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U.K. stocks pared losses Thursday, aided by a pullback in the value of the pound, but a decline in shares of oil giant Royal Dutch Shell PLC still weighed on London's blue-chip benchmark
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European stocks notched small gains Thursday as investors sifted through a fresh batch of earnings reports before they received the European Central Bank's update on monetary policy and likely commentary on eurozone economic growth.
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 * U.S. 10-year yield just above 3 pct, highest since early
2014
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 Align Technology Inc. shares rose 4% in after-hours trade Wednesday, after the maker of Invisalign braces topped forecasts for the first-quarter. The company said it had net income of $95.9 million, or $1.17 a share, in the quarter, up from $69.4 million, or 85 cents a share, in the year-earlier period. Revenue rose to $436.9 million from $310.3 million. The FactSet consensus was for EPS of 96 cents and revenue of $408 million. The company said it now expects second-quarter EPS of $1.02 to $1.06 and revenue of $460 million to $470 million. The FactSet consensus is for EPS of $10.3 and revenue of $452 million. Separately, the company said it intends to oppose and defend itself in a dispute with SmileDirectClub, which has accused it of breach of a noncompete provision. Shares have gained 107% in the last 12 months, while the S&P 500 has gained 11%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Advanced Micro Devices Inc. believes that a greater percentage of its graphics revenue came from cryptocurrency mining in the first quarter. In a conference call after the chip maker released first-quarter earnings, Chief Financial Officer Devinder Kumar revealed that blockchain-related revenue was about 10% of AMD revenue in the quarter. Previously, AMD had insisted that crypto-mining revenue was mid-single-digits percentage of its revenue. Kumar did say that AMD expected a "modest decline" in blockchain-related revenue in the current quarter, and said that has been factored into the company's second-quarter guidance, which beat expectations. AMD stock got an extra boost during Wednesday's call, with an 8% gain jumping to more than 11%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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CNBC
The New York Stock Exchange suspended trading on the floor for the rest of the session Wednesday in Amazon, Booking Holdings and Alphabet due to a "price scale code issue," according to the exchange's website. The stocks traded normally elsewhere
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