Nasdaq futures jumped on Thursday to lead a rebound in US stocks as Tesla’s (TSLA) surprisingly solid results and high-flying sales forecast lifted hopes for a strong earnings season. Futures on the tech-heavy Nasdaq 100 (NQ=F) surged almost 0.9%, while S&P 500 futures (ES=F) rose 0.5%. But Dow Jones Industrial …
Read More »Markets bounce as Tesla surges, yields retreat
A look at the day ahead in U.S. and global markets from Mike Dolan Markets caught a break on Thursday as the white heat of the corporate earnings season saw a beat for megacap Tesla that sent its shares surging 12% before the bell while bond yields beat a retreat …
Read More »Unilever making ‘drastic’ changes in Indonesia amid boycotts
By Richa Naidu LONDON (Reuters) – Unilever will make “drastic” changes in Indonesia, its finance chief said on Thursday as consumers boycott multinational brands in response to the war in Gaza and exacerbate the business’ existing distribution problems. Unilever, which makes Dove soap, Knorr stock cubes and Ben & Jerry’s …
Read More »Europe’s top court rules for Intel to end long-running antitrust case
BRUSSELS (Reuters) – The EU Court of Justice, Europe’s top court, ruled on Thursday in favour of Intel, ending a nearly two-decade-long fight between the U.S. chipmaker and EU regulators who had said it had tried to thwart a rival. “The Court of Justice dismisses the Commission’s appeal, thereby upholding …
Read More »Tesla Surprises Wall Street With Strong Third-Quarter Results
Tesla Surprises Wall Street With Strong Third-Quarter Results Source link
Read More »Stocks Waver on US Election Risks, Yen Advances: Markets Wrap
(Bloomberg) — European equities were set to emulate Asia’s lackluster session as concerns on China’s economy and a tight US presidential election dented risk sentiment. The yen halted a three-day drop. Most Read from Bloomberg Euro Stoxx 50 futures edged lower, while contracts for US shares advanced. Most Asian equity …
Read More »The stock market is flashing a signal that’s previously preceded a 10% slump, Citi says
The Wall Street subway stopGetty images Investors’ exposure to the S&P 500 is the highest since mid-2023, Citi strategists said. They said that level of exposure at that time was followed by a 10% slide in the following months. “The positioning risks do rise when markets get extended like this,” …
Read More »Boeing Machinists Reject Contract, Extending Strike
Boeing Machinists Reject Contract, Extending Strike Source link
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Read More »Newmont misses profit estimates on higher costs, weaker Nevada output
(Reuters) -Newmont, the world’s top gold producer, missed Wall Street expectations for third-quarter profit on Wednesday, as higher costs and lower production in Nevada took the shine away from a rise in total output. Shares of the company fell 6.8% after the bell. Newmont said that its costs rose due …
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