Nordstrom on Thursday said full-price sales at the upscale department store cooled in the third quarter as consumers shopped in its bargain aisles, helping the company to better-than-expected revenues but a drop in its gross margin.

Nvidia shares fell sharply late Thursday after the company’s revenue forecast missed expectations, as the chipmaker warned of a fading boost from cryptocurrency miners.

Apple is following Netflix into original movies, through a new partnership with A24, the New York-based studio best known for producing 2017’s Oscar winner Moonlight.

Smart speaker maker Sonos rebounded on Thursday after posting a return to revenue growth, beating Wall Street’s estimates thanks to strong sales of its new Beam soundbar and upgrading its outlook for next year.

Wall Street erased earlier losses to post solid gains on Thursday, mounting a comeback as technology and energy shares climbed.

KB Home shares tumbled on Thursday after the Los Angeles-based builder cut its revenue guidance, citing destructive wildfires in California and softer demand for speculative homes.

Investors continue to hammer Pacific Gas and Electric amid concerns about the role the utility’s equipment may have played in one of the destructive California wildfires.

Wall Street lurched higher and into positive territory during lunchtime trade, giving the S&P 500 a shot at ending a five-day losing streak.

Investor alarm over market unfriendly decision-making under the new government of president-elect Andrés Manuel López Obrador prompted Mexico’s central bank to raise its key lending rate by a quarter point to 8 per cent and issue a hawkish warning about multiplying risks ahead.

A senior executive at Santander Brazil, Roberto Campos Neto, will become the central bank chief of Latin America’s largest economy.

The British pound hit session lows against the US dollar and euro following media reports UK environment secretary Michael Gove would resign on Thursday.

A consolidation of the French mobile is “inevitable” according to Ramon Fernandez, delegate chief executive at Orange, with movement possible in the first half of next year.

Liberty Global is unlikely to use the proceeds of its €18.4bn sale of German and eastern European cable networks to make significant acquisitions according to Charlie Bracken, chief financial officer of the cable company.

Global media group Vivendi has launched a selection process to pick the handful of banks that will help it sell up to half of its main profit driver, Universal Music Group, and said that the cash from this sale may be used for a “significant share repurchase program through a tender offer and for potential acquisitions.”

3M is eyeing stronger profitability in the year ahead, despite trade headwinds and slower economic growth in China.

Stocks exposed to the UK economy tumbled on Thursday as parliamentary resignations over Prime Minister Theresa May’s draft EU withdrawal agreement threw the Brexit process into chaos.

Forest City shareholders approved the sale of the real estate developer for $11.4bn to Brookfield Asset Management on Thursday, delivering a defeat to members of the founding Ratner family who had sought to block the deal.

The two financial regulators, the Bank of England and the Financial Conduct Authority, have been closely monitoring the markets in the wake of the sharp fall in the pound, which was on course for its biggest drop in two years following the resignation of Dominic Raab, the Brexit secretary.

The mining industry needs to stop talking about gender targets and take action to promote greater diversity in the workplace, according to the head of Women in Mining.

Wall Street trimmed its losses before midday against a backdrop of Brexit uncertainty and as a decline in consumer stocks was partially offset by the technology sector.

The US Treasury has sanctioned 17 Saudi officials over the killing of journalist Jamal Khashoggi in the kingdom’s consulate in Turkey last month, freezing their US assets and preventing their companies from trading in the US.

One of the eurozone’s top central bankers has dubbed bitcoin “the evil spawn of the financial crisis”.

Ineos Enterprises, the privately owned chemicals group, is buying the composites business of US-based Ashland Global Holdings for $1.1bn.

Shares in UK-focused banks and housebuilders were hardest hit by a stockmarket sell-off on Thursday, as investors abandoned companies with significant exposure to the UK economy in the midst of turmoil over Theresa May’s Brexit deal.