China May retail sales grow at fastest pace since December 2023; industrial output misses expectations

Key Points

Retail sales jumped 6.4% from a year earlier in May, sharply beating analysts’ estimates for a 5% growth in a Reuters poll and accelerating from the 5.1% growth in the previous month.
Growth in industrial output slowed to 5.8% year-on-year in May, slightly weaker than analysts’ expectations for a 5.9% rise.
The urban survey-based unemployment rate in May came in at 5.0%, the lowest level since November last year.

Source

Finance

Stocks making the biggest moves after hours: Palantir, Hims & Hers Health, Vertex Pharmaceuticals and more

August 4, 2025

Check out the companies making headlines in extended trading. Palantir — The defense technology stock advanced 4% after second-quarter earnings exceeded Wall Street’s expectations. Palantir said it reported adjusted earnings of 16 cents per share on $1.00 billion in revenue, while analysts polled by LSEG anticipated 14 cents per share and $940 million, respectively. Vertex […]

Finance

Stocks making the biggest moves midday: Figma, Joby Aviation, CommScope, Wayfair and more

August 4, 2025

Check out the companies making the biggest moves midday: Figma — The design company tumbled 22%, giving back a chunk of its initial public offering gains from last week. Figma began trading at the New York Stock Exchange on Thursday, with the stock more than tripling in value on its first day. On Friday, shares […]

Finance

Stocks making the biggest moves premarket: On Semiconductor, Wayfair, Spotify, Tesla and more

August 4, 2025

Check out the companies making headlines before the bell: Berkshire Hathaway — Class B shares of Warren Buffett’s conglomerate dipped nearly 1% in premarket after Berkshire’s operating profit fell 4% year over year to $11.16 billion in the second quarter, affected by a decline in insurance underwriting. Buffett’s cash hoard of $344.1 billion remained near […]