Business

By Francesco Guarascio, Khanh Vu and Ben Blanchard HANOI/TAIPEI (Reuters) – Elon Musk’s SpaceX asked Taiwanese suppliers to transfer manufacturing off the island, leading to some relocating portions of their supply chain, according to sources employed by and close to the equipment makers and corporate documents. A source at a …

Vice President Kamala HarrisMegan Varner/Getty Images US stocks fell as investors braced for the US presidential election on Tuesday. Kamala Harris has gained momentum recently, hitting popular Trump trades in the market. Investors will have little time to rest after the vote, with the Fed’s policy meeting starting Wednesday. US …

(Bloomberg) — Asian stocks advanced following a slew of positive headlines from China that supported sentiment. The dollar was steady as the clock ticks down to a tight US election. Most Read from Bloomberg Chinese equity benchmarks rose about 2% to lead the region’s gains. Japan’s Nikkei 225 jumped following …

By Tom Westbrook SINGAPORE (Reuters) – Stock markets moved sideways and an uneasy calm settled over currencies and bonds as investors waited for the United States to choose a new leader with polls showing the contest on a knife edge. Oil held sharp overnight gains on delays to producers’ plans …

Bloomberg Creative/Getty, Drew Angerer/Getty, Tyler Le/BI The S&P 500 might be stuck in place for the rest of the year, Ed Yardeni says. The market vet thinks no more Fed rate cuts are coming until 2025 as the economy stays strong. US government debt will also continue to rise, limiting …

(Bloomberg) — Palantir Technologies Inc. reported quarterly revenue that beat analysts’ estimates and raised its forecast for operating income in the current period, citing high demand in the US for its artificial intelligence software. Most Read from Bloomberg The company’s stock jumped about 13% in after-hours trading following the report. …

(Bloomberg) — BCE Inc. will pause dividend growth next year as it makes an unexpected push into the US with the purchase of an internet provider in the Pacific Northwest, a move that sent the company’s shares tumbling to a 12-year low. Most Read from Bloomberg Canada’s largest telecommunications company …

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(Reuters) -Palantir Technologies (PLTR) on Monday raised its annual revenue forecast for the third time, betting on strong spending from governments and rising demand for its software services from businesses looking to adopt generative AI technology. Shares of the company rose about 8% in extended trading. The data analytics company …