Today: November 21, 2024
Today: November 21, 2024

Stock Markets

Business|Economy|Finance|Stock Markets|US

Home Depot's Q3 results top Wall Street as pullback in consumer spending eases a bit

Home Depot continued to deal with a pullback in spending from customers in its fiscal third quarter, but it was less severe than in the past, and its performance beat Wall Street’s expectations

Home Depot's Q3 results top Wall Street as pullback in consumer spending eases a bit
Business|Finance|Stock Markets|US

Home Depot expects smaller drop in annual sales as hurricane rebuild boosts quarter

Home Depot forecast a smaller drop in annual same-store sales on Tuesday, benefiting from resilient demand from professional contractors, as well as a lift from hurricane-

Home Depot expects smaller drop in annual sales as hurricane rebuild boosts quarter
Business|Election|Finance|Stock Markets|US

Bitcoin: to $90,000 and beyond?

A look at the day ahead in U.S. and global markets from Dhara Ranasinghe Almost a week on from the U.S. election and investors are wasting no time betting on who they believe will be the biggest

Bitcoin: to $90,000 and beyond?
Business|Finance|Stock Markets|US

Want to know what Trump will do as president? Look to the market

Want to know what Trump will do as president? Look to the market

Want to know what Trump will do as president? Look to the market
Business|Finance|Stock Markets|Technology

Loss-making EV firm VinFast to get $3.4 billion more funding from founder, parent company

Nasdaq-listed electric vehicle maker VinFast said on Wednesday it will get a fresh round of funding worth 85 trillion dong ($3.35 billion) from its founder and its parent firm, Vingroup by

Loss-making EV firm VinFast to get $3.4 billion more funding from founder, parent company
Economy|Finance|Stock Markets

Bank of England's Pill says pay growth stuck at high level

Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed inflation pressures in Britain remained too high for the BoE's 2% inflation target

Bank of England's Pill says pay growth stuck at high level
Americas|Business|Finance|Stock Markets

Brazil's BTG Pactual reports surge in quarterly profit

Brazil's Banco BTG Pactual's third-quarter adjusted net income jumped 15% from the same period last year supported by higher revenue and improved operational leverage.

Brazil's BTG Pactual reports surge in quarterly profit
Business|Finance|Stock Markets

Nissan shares jump 21% after activist Effissimo takes stake

Nissan Motor shares jumped as much as almost 21% on Tuesday after a filing showed activist investor Effissimo Capital Management had taken a stake in the struggling

Nissan shares jump 21% after activist Effissimo takes stake
Asia|Business|Economy|Election|Finance|Stock Markets|US

Stock market today: Wall Street drifts lower as the Trump trade cools

U.S. stocks slipped as juice ran out for the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory

Stock market today: Wall Street drifts lower as the Trump trade cools
Business|Finance|Stock Markets|US

Stocks fall as rally pauses, yields climb on Trump policy worry

A gauge of global stocks declined on Tuesday after advancing for five straight sessions while the dollar hit its highest level in over six months as investors

Stocks fall as rally pauses, yields climb on Trump policy worry
Business|Finance|Stock Markets|US

Record-breaking bitcoin surges towards $90,000 on Trump boost

Bitcoin rallied to the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on

Record-breaking bitcoin surges towards $90,000 on Trump boost
Finance|Stock Markets|US

US dollar and bitcoin advance spurred by Trump tariff expectations

The U.S. dollar rose to a 6-1/2-month high against major peers on Tuesday, while bitcoin pared gains after earlier hitting a record high

US dollar and bitcoin advance spurred by Trump tariff expectations
Business|Finance|Stock Markets|US

Live Nation posts upbeat quarterly profit on lower costs, shares rise

Ticketmaster-parent Live Nation Entertainment beat Wall Street estimates for third-quarter profit on Monday, helped by cost controls, sending its shares up 5.1% in extended trading.

Live Nation posts upbeat quarterly profit on lower costs, shares rise
Asia|Business|Economy|Finance|Stock Markets

Trump-fueled records without momentum, or bonds

By Alden Bentley A look at the day ahead in Asian markets. 

Trump-fueled records without momentum, or bonds
Business|Finance|Stock Markets|US

Chipotle shareholders sue over fallout from skimping on portion sizes

Chipotle Mexican Grill was sued on Monday by shareholders for concealing how many of its restaurants were skimping on portions, forcing the chain to spend more on

Chipotle shareholders sue over fallout from skimping on portion sizes
Business|Economy|Election|Finance|Stock Markets|Technology|US

Bitcoin neared $90,000 in a new record high. What to know about crypto's post-election rally

As money continues to pour into crypto following Donald Trump’s reelection, bitcoin has climbed to yet another record high

Bitcoin neared $90,000 in a new record high. What to know about crypto's post-election rally
Business|Finance|Stock Markets|Technology|US

Tesla options draw 'euphoric' trading as Trump win fires up stock

Investors are piling into bullish options bets on Tesla shares, with the stock hitting its highest level in more than two years on bets that CEO Elon Musk’s

Tesla options draw 'euphoric' trading as Trump win fires up stock
Business|Finance|Stock Markets|Technology|US|World

FTX sues Binance and its former CEO for $1.8 billion

Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion was "fraudulently transferred" by FTX management to Binance and

FTX sues Binance and its former CEO for $1.8 billion
Economy|Finance|Stock Markets|Technology

Toronto market ends higher, led by 'high-beta' stocks

Canada's main stock index edged higher on Monday as investors remained bullish following the U.S. presidential election, but gains were held in check by a sharp decline in

Toronto market ends higher, led by 'high-beta' stocks
Business|Finance|Stock Markets

Morgan Stanley's PE arm to sell HVAC firm to Goldman Sachs Alternatives

Morgan Stanley's private equity arm is selling its heating, ventilation and air conditioning (HVAC) business, Sila Services, about three years after it invested in the

Morgan Stanley's PE arm to sell HVAC firm to Goldman Sachs Alternatives
Business|Economy|Finance|Stock Markets

Hedge funds pile into banks, dump green energy post US election, Goldman Sachs says

Hedge funds snapped up bank stocks at the quickest clip in three years while taking bets against renewable electricity producers last week, a Goldman Sachs note

Hedge funds pile into banks, dump green energy post US election, Goldman Sachs says
Business|Finance|Stock Markets|Technology|US

Tesla stock extends rally as Musk-Trump alliance fuels gains

Tesla shares extended last week's sharp rally with a jump of over 8% on Monday, fueled by bets of the automaker benefiting from CEO Elon Musk's close ties with U.S.

Tesla stock extends rally as Musk-Trump alliance fuels gains
Economy|Finance|Stock Markets|US

TSX futures rise ahead of data-heavy week

Futures tied to Canada's main stock index rose on Monday, mirroring Wall Street peers, with investors focusing on this week's major economic indicators including key U.S. inflation data.

TSX futures rise ahead of data-heavy week
Economy|Finance|Stock Markets|US

Post-election dollar revs up, China battles deflation

A look at the day ahead in U.S. and global markets from Mike Dolan The dollar continues to feed on a mix of post-election tariff and tax cut speculation, China's struggle with deflation and Germany's

Post-election dollar revs up, China battles deflation
Economy|Finance|Stock Markets|US

S&P 500 posts record high close, Trump-linked stocks advance

Wall Street's main indexes notched record high closes on Monday, lifted by stocks expected to benefit from Republican President-elect Donald

S&P 500 posts record high close, Trump-linked stocks advance
Asia|Business|Economy|Finance|Stock Markets

China's October new lending tumbles more than expected despite policy support

New bank lending in China tumbled more than expected to a three-month low in October, as a ramp-up of policy stimulus to buttress a wavering economy failed

China's October new lending tumbles more than expected despite policy support
Economy|Europe|Finance|Stock Markets

Europe's STOXX 600 jumps on defence stocks prospects, data in focus

Europe's main stock index logged its best day in six weeks on Monday, with defence stocks in the lead on prospects of higher military spending in

Europe's STOXX 600 jumps on defence stocks prospects, data in focus
Asia|Business|Stock Markets|Technology|US

China chip index nears 3-year high as TSMC order fuels self-reliance bets

China's semiconductor index leapt close to a three-year high on Monday on bets a U.S. order halting Taiwan Semiconductor Manufacturing Co's shipments of advanced chips to Chinese

China chip index nears 3-year high as TSMC order fuels self-reliance bets
Business|Economy|Europe|Finance|Stock Markets|US

Auto supplier Continental cuts sales guidance, but shares rise on profit beat

German automotive and industrial supplier Continental cut its annual sales guidance for the second time this year on Monday, citing weak

Auto supplier Continental cuts sales guidance, but shares rise on profit beat
Business|Economy|Europe|Finance|Stock Markets

Markets feel familiar frustration with Beijing

A look at the day ahead in European and global markets from Wayne Cole.

Markets feel familiar frustration with Beijing
Asia|Business|Finance|Stock Markets

Stock market today: Wall Street rolls higher as bitcoin bursts above $87,000

Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check

Stock market today: Wall Street rolls higher as bitcoin bursts above $87,000
Asia|Finance|Stock Markets

Wall St holds Trump trade gains with stocks steady, bitcoin at record high

Wall Street kicked off a busy week on Monday by holding on to gains from the surge in stocks that followed Donald Trump's U.S. election victory, while oil prices

Wall St holds Trump trade gains with stocks steady, bitcoin at record high
Business|Election|Finance|Stock Markets|Technology|US

Bitcoin vaults to all-time peak as Trump election raises crypto excitement

Bitcoin surged to a record above $87,000 on Monday in a blistering rally amid expectations cryptocurrencies will thrive in a

Bitcoin vaults to all-time peak as Trump election raises crypto excitement
Asia|Business|Economy|Finance|Stock Markets|US

Oil falls on Chinese stimulus disappointment, supply outlook

Oil prices fell by more than 2% on Monday after China's latest stimulus plan disappointed investors seeking demand growth in the world's second-biggest oil consumer,

Oil falls on Chinese stimulus disappointment, supply outlook
Economy|Europe|Finance|Stock Markets

No reason not to cut rates in Dec as of now, ECB's Holzmann tells paper

As things currently stand, there is no reason for the European Central Bank not to cut interest rates in December but the decision will be based on the data available then, ECB

No reason not to cut rates in Dec as of now, ECB's Holzmann tells paper
Election|Finance|Stock Markets|US

After Trump win, investors savor 'red sweep' possibilities

Investors are increasingly factoring what potential Republican control of government could mean for stocks, bonds and currencies, even as the first feverish

After Trump win, investors savor 'red sweep' possibilities
Business|Celebrity|Entertainment|Finance|Stock Markets|Technology|US

Trump just made $500 million with a single Truth Social post

Trump just made $500 million with a single Truth Social post

Trump just made $500 million with a single Truth Social post
Business|Economy|Finance|Stock Markets

Markets just had their best week all year

Markets just had their best week all year

Markets just had their best week all year
Business|Finance|Stock Markets|US|World

US lawmakers press top chip equipment makers for details on China sales

China hardliners in Congress are calling on the world's foremost semiconductor equipment makers - KLA, LAM, Applied Materials, Tokyo

US lawmakers press top chip equipment makers for details on China sales
Business|Finance|Stock Markets|US

S&P 500 hits 6,000 for the first time on Trump euphoria

The S&P 500 briefly touched the psychologically significant 6,000 mark for the first time on Friday, building on a sharp rally after Donald Trump

S&P 500 hits 6,000 for the first time on Trump euphoria
Business|Finance|Stock Markets

EOG Resources set to boost shareholder returns

EOG Resources said on Friday its debt levels in the near term would put the oil and gas producer in a position to allocate more than 100% of free-cash-flow for shareholder

EOG Resources set to boost shareholder returns
Business|Economy|Finance|Lifestyle|Stock Markets|Technology|US

Stellantis to lay off 400 workers at Detroit parts facility

Stellantis added to its rising tally of layoffs on Friday, saying 400 workers at a Detroit automotive parts facility would indefinitely lose their jobs as the

Stellantis to lay off 400 workers at Detroit parts facility
Business|Finance|Stock Markets|Technology

Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism

Tesla's market value closed above the $1 trillion mark in a sharp rally on Friday, on expectations that CEO Elon Musk's companies will get favorable treatment under

Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism
Business|Finance|Stock Markets

NRG Energy posts Q3 core profit beat, raises annual forecast

NRG Energy beat third-quarter core profit estimates on Friday due to lower supply costs across its service territories, and raised its 2024 profit outlook, sending its shares up over 3%

NRG Energy posts Q3 core profit beat, raises annual forecast
Business|Economy|Europe|Finance|Stock Markets|US

Europe's banks brace for tougher competition under Trump 2.0

European banks face an even tougher task to close an earnings gap on U.S. rivals, as Wall Street awaits a new era of financial deregulation

Europe's banks brace for tougher competition under Trump 2.0
Business|Economy|Finance|Stock Markets|US

CNH Industrial shares fall after third-quarter profit miss, forecast cut

Shares of CNH Industrial fell more than 10% premarket on Friday, after the farm and construction equipment maker missed third-quarter profit estimates and cut its 2024 profit forecast due

CNH Industrial shares fall after third-quarter profit miss, forecast cut
Economy|Finance|Stock Markets|US

China's latest stimulus falls short of expectations

Investors hoping China would announce extra fiscal buffers for an economy girding for another Donald Trump presidency were disappointed

China's latest stimulus falls short of expectations
Business|Economy|Stock Markets|US

Post-election Wall St booms as Fed cuts, China spurs

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's S&P500 looks poised to test 6,000 for the first time as the Federal Reserve underscored a post-election stock surge

Post-election Wall St booms as Fed cuts, China spurs
Business|Economy|Finance|Stock Markets

Brazilian planemaker Embraer lifts overall guidance as Q3 profit soars

Brazilian planemaker Embraer raised its projected adjusted earnings before interest and taxes margin for 2024 to between 9% and 10%, from the previous 6.5%-7.5% range, it said on

Brazilian planemaker Embraer lifts overall guidance as Q3 profit soars
Business|Economy|Election|Finance|Stock Markets|US

Bracing for 'Trump 2.0'

Donald Trump's sweep to victory in the U.S. presidential election has ignited the so-called "Trump trade", with the dollar, crypto and U.S. stocks all surging, as investors assess the

Bracing for 'Trump 2.0'
Asia|Business|Economy|Finance|Stock Markets

Thailand plans to raise daily minimum wage in new year, says minister

Thailand plans to increase the daily minimum wage to 400 baht ($11.76) next year, Labour Minister Pipat Ratchakitprakarn said on Friday. "It will be a new year present," he said.

Thailand plans to raise daily minimum wage in new year, says minister
Business|Finance|Stock Markets|US

S&P 500 breaks 6,000 level as Trump and Fed-fueled rally advances

The S&P 500 briefly surpassed the 6,000 mark and closed with its biggest weekly percentage gain in a year, as Donald Trump's election victory and a possible

S&P 500 breaks 6,000 level as Trump and Fed-fueled rally advances
Business|Economy|Europe|Finance|Stock Markets

European shares log third week of declines on China, tariff jitters

Europe's benchmark STOXX 600 logged its third consecutive week of declines on Friday, hurt by underwhelming stimulus measures from China as well as

European shares log third week of declines on China, tariff jitters
Business|Europe|Fashion and Beauty|Finance|Stock Markets

Cartier owner Richemont's profit miss, China caution hit luxury shares

Cartier owner Richemont missed first half profit forecasts and remained cautious about a recovery in China on Friday, sparking a sell-off in

Cartier owner Richemont's profit miss, China caution hit luxury shares
Business|Economy|Europe|Finance|Stock Markets|US

Stocks at record peaks on stimulus hopes

A look at the day ahead in European and global markets from Friday The prospects for both big fiscal spending and continued monetary easing in the world's biggest economy make for a powerful cocktail,

Stocks at record peaks on stimulus hopes
Business|Economy|Finance|Stock Markets|US

Bond rebound uncertain as Trump plans overshadow Fed rate cuts

Prospects of a near-term rebound in the $28-trillion U.S. government bond market are faltering, as Donald Trump’s return to the White House

Bond rebound uncertain as Trump plans overshadow Fed rate cuts
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street cruises to more records as it closes its best week in a year

U.S. stocks cruised to more records as they closed their best week in a year

Stock market today: Wall Street cruises to more records as it closes its best week in a year
Asia|Business|Economy|Finance|Stock Markets

S&P 500 blows past 6,000 points on Trump presidency

The U.S.

S&P 500 blows past 6,000 points on Trump presidency
Asia|Business|Finance|Stock Markets|Technology

KKR becomes largest shareholder in Fuji Soft after successful tender offer

Private equity firm KKR has become the largest shareholder in Japanese software developer Fuji Soft after completing the first stage of a two-part tender offer, KKR said in a statement on

KKR becomes largest shareholder in Fuji Soft after successful tender offer
Business|Economy|Finance|Stock Markets|US

Dollar on track for weekly gain after Trump election win

The dollar rose on Friday and was heading for a weekly gain as investors evaluated the likely impact on the American economy of Tuesday’s election of

Dollar on track for weekly gain after Trump election win
Asia|Business|Economy|Finance|Stock Markets

Nissan shares slump after plan to slash jobs, production

Nissan Motor shares slumped 6% in Tokyo trade on Friday, a day after the Japanese automaker said it would cut 9,000 jobs and 20% of its manufacturing capacity as it struggles with

Nissan shares slump after plan to slash jobs, production
Business|Finance|Stock Markets|US

Monster Beverage misses quarterly results on weaker demand

Monster Beverage missed Wall Street estimates for third-quarter sales and profit on Thursday, as cost-conscious consumers cut back spending on its higher-priced beverages.

Monster Beverage misses quarterly results on weaker demand
Business|Finance|Stock Markets|US

Nvidia surpasses $3.6 trillion market value after Trump win

Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion as Wall Street

Nvidia surpasses $3.6 trillion market value after Trump win
Business|Finance|Stock Markets|US

Block revenue misses Street expectation, shares fall

Payments firm Block reported third-quarter revenue below Wall Street expectations on Thursday, signaling softer consumer spending and overshadowing

Block revenue misses Street expectation, shares fall
Business|Economy|Finance|Stock Markets

Capri posts bigger-than-expected drop in quarterly revenue on tepid demand

Versace-parent Capri Holdings posted a bigger-than-expected drop in quarterly revenue on Thursday, hurt by execution missteps across brands and a global slowdown in

Capri posts bigger-than-expected drop in quarterly revenue on tepid demand
Business|Finance|Stock Markets|Technology

Rivian reassures investors with cost cuts, green credit sales amid weak EV demand

Rivian said on Thursday it was on track to turn a gross profit in the fourth quarter helped by cost cuts and a sharp increase in sales of green car credits,

Rivian reassures investors with cost cuts, green credit sales amid weak EV demand
Business|Finance|Stock Markets|Technology

Lucid beats revenue estimates, reaffirms annual production

Lucid beat Wall Street expectations for third-quarter revenue on Thursday and reiterated its annual production forecast as it benefits from strong demand for its luxury electric sedans.

Lucid beats revenue estimates, reaffirms annual production
Australia|Business|Finance|Stock Markets

Australian lender ANZ's annual profit shrinks as late repayments rise

ANZ, Australia's No. 4 lender by mortgages, said annual profit tumbled as fierce competition ate away margins while late loan repayments surged,

Australian lender ANZ's annual profit shrinks as late repayments rise
Business|Economy|Finance|Stock Markets

US rate futures price in more Fed easing in December and 2025

Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, priced in on Thursday another 25-basis-point rate

US rate futures price in more Fed easing in December and 2025
Business|Finance|Stock Markets

Goldman Sachs appoints 95 new partners, including 26 women

Goldman Sachs promoted 95 bankers to its elite partner ranks, including 26 women, the Wall Street giant said on Thursday.

Goldman Sachs appoints 95 new partners, including 26 women
Business|Economy|Finance|Stock Markets|US

Instant view: Fed cuts rates 25 bp, as expected

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as policymakers took note of a job market that has "generally eased" while inflation continues to move

Instant view: Fed cuts rates 25 bp, as expected
Business|Economy|Europe|Finance|Stock Markets|US

UK, Switzerland eye US bank rules after Trump win, Swiss minister says

Swiss Finance Minister Karin Keller-Sutter said she had on Thursday discussed the outlook for banking regulation in the United States with her British counterpart Rachel Reeves

UK, Switzerland eye US bank rules after Trump win, Swiss minister says
Economy|Finance|Stock Markets|US

Average rate on a 30-year mortgage in the US rises for 6th straight week

The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July

Average rate on a 30-year mortgage in the US rises for 6th straight week
Election|Stock Markets|Technology|US

Trump Media shares slump as US election euphoria fades

Shares of Trump Media & Technology Group slumped to a two-week low on Thursday, as speculative bets on Donald Trump winning the U.S. presidential election lost steam a day after his

Trump Media shares slump as US election euphoria fades
Business|Economy|Finance|Stock Markets|US

US wholesale inventories revised lower in September

U.S. wholesale inventories fell more than initially thought in September amid a sharp decline in motor vehicle stocks.

US wholesale inventories revised lower in September
Business|Economy|Finance|Stock Markets|US

Most brokerages retain expectations of 25-bps rate cut from US Fed in December

Major brokerages reiterated their view of a 25-basis-point (bp) interest-rate cut by the U.S.

Most brokerages retain expectations of 25-bps rate cut from US Fed in December
Business|Finance|Stock Markets|US

WK Kellogg beats third-quarter estimates on demand, higher prices

WK Kellogg beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by robust consumer demand for its ready-to-eat cereals, including Froot Loops and Apple Jacks

WK Kellogg beats third-quarter estimates on demand, higher prices
Business|Finance|Stock Markets|US

Hershey trims annual forecast as higher prices dent demand

Hershey trimmed its annual revenue and profit forecasts on Thursday after missing Wall Street estimates for third-quarter, as repeated price hikes have dampened demand for its chocolates,

Hershey trims annual forecast as higher prices dent demand
Business|Economy|Finance|Stock Markets|Technology|US

Trump's win made Elon Musk $15 billion richer

Tesla shares surged on Donald Trump’s presidential victory, increasing the net worth of the world’s richest man.

Trump's win made Elon Musk $15 billion richer
Business|Europe|Finance|Stock Markets

Pound, UK stocks get a lift from BoE 'sugar rush'

Sterling rallied sharply on Thursday, solidifying its position as the best performing major currency of 2024, while UK-focussed stocks rose after

Pound, UK stocks get a lift from BoE 'sugar rush'
Business|Entertainment|Finance|Stock Markets|US

Warner Bros Discovery CEO sees more industry deals under Trump

Warner Bros Discovery CEO David Zaslav anticipates a friendlier environment for deal-making under the incoming Trump administration, opening

Warner Bros Discovery CEO sees more industry deals under Trump
Business|Finance|Sports|Stock Markets|US

Under Armour lifts profit forecast on cost savings, shares surge

Under Armour shares shot up 20% on Thursday as the sportswear maker raised its annual profit forecast, betting on lower input costs and cost-saving strategies such

Under Armour lifts profit forecast on cost savings, shares surge
Business|Finance|Stock Markets

Novo shares hits 9-month low as 2025 guidance underwhelms

Danish drugmaker Novo Nordisk's shares hit an over 9-month low on Thursday after surging more than 8% the previous day, as underwhelming guidance for next year

Novo shares hits 9-month low as 2025 guidance underwhelms
Business|Fashion and Beauty|Finance|Stock Markets

Kenvue's falling skin health sales hit earnings again

Neutrogena-owner Kenvue's third-quarter sales fell short of expectations on Thursday, marking the fifth consecutive quarter of year-over-year decline in

Kenvue's falling skin health sales hit earnings again
Business|Economy|Finance|Stock Markets|US

Carlyle third-quarter profit tops Wall St view; shares gain

Private equity firm Carlyle Group posted flat third-quarter profits but beat Wall Street's estimates as higher fee income was offset by increased compensation expenses

Carlyle third-quarter profit tops Wall St view; shares gain
Economy|Election|Finance|Stock Markets|US|World

Fed and BOE decide as US House awaited, Germany jarred

A look at the day ahead in U.S. and global markets from Mike Dolan World stocks and bond yields pushed higher after Donald Trump's clear U.S. election win and a collapse of Germany's coalition redrew

Fed and BOE decide as US House awaited, Germany jarred
Business|Finance|Stock Markets|US

Wall Street cheers Trump's return, with some trepidation

Wall Street executives cheered the prospect of business-friendly regulations and a burst of deals as they analyzed the implications of

Wall Street cheers Trump's return, with some trepidation
Business|Finance|Stock Markets|Technology

Qualcomm advances on smartphone market revival, Chinese handset launches

Qualcomm shares rose 4% on Thursday after the chip designer's strong quarterly revenue forecast fanned investor optimism about a China-led recovery in the smartphone market.

Qualcomm advances on smartphone market revival, Chinese handset launches
Economy|Finance|Stock Markets|US

Stocks close higher after Fed cuts interest rates

U.S. stocks closed higher on Thursday, after the Federal Reserve announced a cut of 25 basis points (bps) in interest rates, extending a sharp rally sparked by

Stocks close higher after Fed cuts interest rates
Business|Europe|Finance|Stock Markets

Italy's Banco BPM bids for asset manager Anima, boosting shares of both

A bid by Italy's third-largest bank Banco BPM to acquire full control of fund manager Anima Holding sent shares of both soaring on Thursday.

Italy's Banco BPM bids for asset manager Anima, boosting shares of both
Economy|Europe|Finance|Stock Markets

Swedish Riksbank makes half point cut and sees more, but uncertainty high

Sweden's central bank cut its key interest rate to 2.75% from 3.25% on Thursday, as expected, and said that it would carry on easing policy in the months ahead though uncertainty

Swedish Riksbank makes half point cut and sees more, but uncertainty high
Asia|Stock Markets|US

Most Gulf markets in black as investors weigh Trump win

Most stock markets in the Gulf ended higher on Thursday in line with global shares as investors navigated the implications of a second Donald Trump presidency.

Most Gulf markets in black as investors weigh Trump win
Business|Economy|Europe|Finance|Stock Markets

European shares rebound on tech boost; FTSE slips on BoE inflation warning

European stocks regained ground on Thursday, boosted by technology and resources shares, while Britain's FTSE 100 dipped after the Bank of England cut

European shares rebound on tech boost; FTSE slips on BoE inflation warning
Americas|Asia|Election|Finance|Stock Markets|US

Asia ex-China equities have biggest monthly foreign outflow in nearly 2-1/2 years

Asian equities, excluding China, witnessed sharp foreign outflows in October, as investors wary of the U.S. presidential election outcome reacted to concerns over weaker-

Asia ex-China equities have biggest monthly foreign outflow in nearly 2-1/2 years
Business|Europe|Finance|Stock Markets

UK's Sainsbury's warns budget tax rises will be inflationary

The boss of British supermarket Sainsbury's said changes to national insurance made by the government in last week's budget will add 140 million pounds ($181 million)

UK's Sainsbury's warns budget tax rises will be inflationary
Business|Finance|Stock Markets

UK's Rolls-Royce confident on profit growth despite supply chain woes

Britain's Rolls-Royce stuck to guidance for annual profit growth of at least 30% this year as its airline customers flew more and demand for power for data systems and defence

UK's Rolls-Royce confident on profit growth despite supply chain woes
Asia|Economy|Finance|Stock Markets|Technology|US

For Taiwan, Trump's 'protection' money may mean new and early big ticket arms deals

Taiwan may demonstrate it takes Donald Trump's "protection" money demand seriously with large and early new arms deals,

For Taiwan, Trump's 'protection' money may mean new and early big ticket arms deals
Asia|Business|Finance|Stock Markets

Nippon Steel seeks to close US Steel deal before Trump returns to White House

Japan's Nippon Steel hopes to close its $15 billion deal to buy US Steel by year-end before Republican Donald Trump retakes the White House in

Nippon Steel seeks to close US Steel deal before Trump returns to White House
Business|Finance|Stock Markets

MSCI adds five Indian stocks to key index; Nuvama sees $2.5 billion inflows

MSCI added five Indian companies to its Global Standard Index late on Wednesday, a move that brokerage Nuvama said would lift the country's weightage on the index to

MSCI adds five Indian stocks to key index; Nuvama sees $2.5 billion inflows
Business|Economy|Europe|Finance|Stock Markets|US

Daimler Truck wants stability in Germany as warns of tough times ahead

Daimler Truck warned of tough conditions ahead as it reported third quarter earnings on Thursday, with CFO Eva Scherer saying that instability resulting from the

Daimler Truck wants stability in Germany as warns of tough times ahead
Asia|Business|Economy|Finance|Stock Markets|US|World

Stocks hit record for second day, yields dip after Fed cut

Shares on Wall Street scaled record highs on Thursday, lifting stock markets around the world, while U.S.

Stocks hit record for second day, yields dip after Fed cut
Asia|Business|Economy|Finance|Stock Markets|US

China's exports soar past forecast as factories front-run Trump tariff threat

China's exports grew at the fastest pace in over two years in October as factories rushed inventory to major markets in anticipation of further tariffs from the U.S. and

China's exports soar past forecast as factories front-run Trump tariff threat
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Most of Wall Street rises after the Fed cuts interest rates

Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy

Stock market today: Most of Wall Street rises after the Fed cuts interest rates
Business|Election|Finance|Stock Markets|US

Trump Media short sellers hammered by a $420 million loss, S3 says 

Investors betting against Trump Media & Technology Group have lost $420 million since the stock began tracking the election odds of Donald Trump, according to a

Trump Media short sellers hammered by a $420 million loss, S3 says 
Asia|Business|Finance|Stock Markets

Singapore bank DBS sees upside to 2025 profit with Trump return

Singapore's top bank DBS sees an upside to its 2025 profit when Donald Trump takes office as U.S. president next year, as his policies could spell fewer

Singapore bank DBS sees upside to 2025 profit with Trump return
Business|Economy|Finance|Stock Markets|US

Marathon Oil beats Q3 profit estimates on higher production

U.S. shale producer Marathon Oil beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher production and resilient demand for oil. 

Marathon Oil beats Q3 profit estimates on higher production
Americas|Australia|Business|Economy|Finance|Stock Markets|US

Coty sees annual profit at low end of forecast as mass beauty demand slows

Coty on Wednesday said it expects annual profit to come in at the low end of its forecast, as weak demand for beauty products in major markets such as the United States and Australia

Coty sees annual profit at low end of forecast as mass beauty demand slows
Business|Finance|Stock Markets|US

Corteva reports larger-than-expected loss, cuts full-year sales outlook

U.S. agrichemicals firm Corteva reported a larger-than-expected loss on Wednesday, hurt by lower sales and prices, leading the company to cut its full-year sales outlook and sending its

Corteva reports larger-than-expected loss, cuts full-year sales outlook
Business|Economy|Finance|Stock Markets

Albemarle loses more than $1 billion on falling lithium prices

Albemarle, the world's largest lithium producer, said on Thursday it lost more than $1 billion in the third quarter and that it would slash its capital budget amid a 71%

Albemarle loses more than $1 billion on falling lithium prices
Business|Finance|Stock Markets|US

Gilead 3rd-quarter results beat Wall Street estimates, raises outlook

Gilead Sciences reported third-quarter financial results that handily beat Wall Street expectations on Wednesday as sales climbed 7%, leading the drugmaker to raise its

Gilead 3rd-quarter results beat Wall Street estimates, raises outlook
Business|Finance|Stock Markets|Technology

Bumble posts quarterly sales drop amid slow payoff from app overhaul

Bumble posted on Wednesday its first decline in quarterly sales since going public in 2021 and said that it would take longer for the dating app operator to boost its sluggish growth rate.

Bumble posts quarterly sales drop amid slow payoff from app overhaul
Business|Finance|Stock Markets|US

Elf Beauty lifts annual forecasts on resilient cosmetics demand, shares up

Elf Beauty raised its forecasts for annual sales and profit on Wednesday, betting on its efforts to sell cosmetics such as lip oil and liquid blush at affordable

Elf Beauty lifts annual forecasts on resilient cosmetics demand, shares up
Business|Economy|Finance|Stock Markets|US

From prison companies to Tesla: These stocks are soaring off the Trump victory

From prison companies to Tesla: These stocks are soaring off the Trump victory

From prison companies to Tesla: These stocks are soaring off the Trump victory
Business|Finance|Stock Markets|Technology|US

Tesla investors lose bid for new US trial over Musk's 2018 tweets

A U.S. appeals court on Wednesday upheld a jury's verdict clearing Tesla CEO Elon Musk and his company of liability over allegations they misled investors when the

Tesla investors lose bid for new US trial over Musk's 2018 tweets
Business|Economy|Finance|Health|Stock Markets

New CEO at CVS begins to build his team with a goal of reviving the struggling health care giant

CVS Health fell short on third-quarter profit, but it posted strong sales and the health care giant shook up leadership under new CEO David Joyner after a rough year that has sent shares plunging

New CEO at CVS begins to build his team with a goal of reviving the struggling health care giant
Economy|Election|Finance|Stock Markets|US

Trump's election victory puts Fed on path for fewer rate cuts

U.S.

Trump's election victory puts Fed on path for fewer rate cuts
Business|Election|Finance|Stock Markets|US

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company

Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company
Americas|Finance|Stock Markets

'Two crazy people': Argentina bonds pop as investors cheer Milei-Trump prospect

Argentina's dollar bonds jumped in early trade on Wednesday and the country's risk index dropped sharply, with investors cheering the prospect of closer ties

'Two crazy people': Argentina bonds pop as investors cheer Milei-Trump prospect
Business|Finance|Stock Markets|US

Sempra misses profit estimates on higher expenses, lower utility earnings

U.S. energy firm Sempra missed Wall Street estimates for third-quarter profit on Wednesday, hurt by higher interest expenses and lower earnings from its utility businesses in Texas and

Sempra misses profit estimates on higher expenses, lower utility earnings
Business|Economy|Election|Finance|Stock Markets|US

BlueBay, other hedge funds turn focus to bank, bond and oil trades under Trump

Hedge funds including BlueBay were turning their attentions to crude oil, U.S.

BlueBay, other hedge funds turn focus to bank, bond and oil trades under Trump
Business|Europe|Finance|Stock Markets

Novo Nordisk CFO says 2025 sales could see high-teens percentage growth

Novo Nordisk's sales growth next year could be in the high teens in percentage terms, Chief Financial Officer Karsten Munk Knudsen said on an analyst call following the release of

Novo Nordisk CFO says 2025 sales could see high-teens percentage growth
Africa|Economy|Finance|Stock Markets

Egyptian inflation seen as having risen to 27% in October

Inflation in Egypt is estimated to have climbed to 27.0% in October, pushed up by higher education costs and a fuel price increase in the middle of the month, according to a poll

Egyptian inflation seen as having risen to 27% in October
Business|Finance|Stock Markets|Technology|US

Trump’s social media stock spikes and then fades fast after election victory

Trump’s social media stock spikes and then fades fast after election victory

Trump’s social media stock spikes and then fades fast after election victory
Business|Economy|Finance|Stock Markets|US

AEP mulls more asset sales to fund capex plan boost

American Electric Power is considering more asset sales to help fund its five-year $54 billion capital expenditure plan, which has jumped by 25% from the previous plan, company executives

AEP mulls more asset sales to fund capex plan boost
Business|Finance|Stock Markets|Technology

Super Micro slumps as weak forecast, annual report uncertainty fuel investor angst

Shares of Super Micro Computer tumbled more than 24% to hit a near 18-month low on Wednesday as an unclear timeline for its annual report along with weak quarterly forecasts fanned investor

Super Micro slumps as weak forecast, annual report uncertainty fuel investor angst
Business|Economy|Election|Europe|Stock Markets|US

European clean energy stocks tumble as Trump wins US presidency

Shares in European clean energy groups plummeted on Wednesday after Donald Trump was elected president of the United States, as investors fretted over a

European clean energy stocks tumble as Trump wins US presidency
Business|Economy|Election|Finance|Stock Markets|US

Markets close at record highs as Trump is reelected

Markets close at record highs as Trump is reelected

Markets close at record highs as Trump is reelected
Business|Economy|Finance|Stock Markets|US

Resounding Trump win sees dollar soar

A look at the day ahead in U.S. and global markets from Mike Dolan Donald Trump's surprisingly comprehensive victory in the U.S.

Resounding Trump win sees dollar soar
Business|Economy|Finance|Stock Markets|Technology|US

EV maker Rivian may report first quarterly revenue drop since IPO

Rivian is expected to report on Thursday its first drop in quarterly revenue since going public three years ago, after a shortage of parts forced the maker

EV maker Rivian may report first quarterly revenue drop since IPO
Business|Election|Stock Markets

Pot stocks dive as Florida rejects legalization of recreational marijuana

Shares of pot companies slid on Wednesday after a ballot measure to legalize the recreational use of marijuana in Florida failed to get the required majority to pass, even as the firms

Pot stocks dive as Florida rejects legalization of recreational marijuana
Election|Finance|Stock Markets|US

Trump win ignites crypto frenzy that sends bitcoin to a record high

The price of bitcoin has hit a new high as investors bet that former President Donald Trump’s victory in the U.S. presidential election will be a boon for cryptocurrencies

Trump win ignites crypto frenzy that sends bitcoin to a record high
Election|Finance|Stock Markets|US

What's at stake for global markets in a Trump presidency

As Donald Trump was projected to win the White House, according to Edison Research, the U.S. dollar and stock market are seen as winners, but a Republican presidency could weigh on bonds,

What's at stake for global markets in a Trump presidency
Business|Election|Stock Markets|US

From banks to small-caps, Trump victory drives rally in stocks

Donald Trump's U.S. presidential election victory boosted the stock market on Wednesday as investors bet on lower corporate taxes and deregulation, lifting shares of Tesla ,

From banks to small-caps, Trump victory drives rally in stocks
Election|Finance|Stock Markets|US

Stocks surge to record highs as Trump returns to presidency

U.S. stocks rallied sharply to close at record highs on Wednesday after Republican Donald Trump won the 2024 U.S. presidential election in a stunning comeback

Stocks surge to record highs as Trump returns to presidency
Asia|Economy|Finance|Stock Markets|US

China's markets drop as Trump presidency looms

China's yuan and stock markets fell sharply on Wednesday as the prospect of another Donald Trump presidency and Republican control of U.S.

China's markets drop as Trump presidency looms
Business|Economy|Election|Stock Markets|US

Most Gulf markets gain on Trump's presidential win

Most stock markets in the Gulf ended higher on Wednesday as a win by Republican Donald Trump in the U.S. presidential election fuelled expectations of more business-

Most Gulf markets gain on Trump's presidential win
Business|Election|Europe|Finance|Stock Markets|US

European shares fall on fears of Trump tariffs

European shares ended lower on Wednesday, following a broad rally earlier in the session, hurt by a drop in utilities shares on fears that U.S.

European shares fall on fears of Trump tariffs
Business|Election|Finance|Stock Markets|US

Musk's ties to Trump will reverberate through Tesla, other interests

Billionaire Elon Musk stands to benefit greatly from his ties with U.S.

Musk's ties to Trump will reverberate through Tesla, other interests
Business|Economy|Finance|Stock Markets|US

Metals sell off after US election Trump win while oil, agriculture recoup some losses

Metals bore the brunt of global commodity price losses after a U.S. election win by Donald Trump on Wednesday, while oil, gas and

Metals sell off after US election Trump win while oil, agriculture recoup some losses
Business|Finance|Health|Stock Markets

Novo Nordisk's Wegovy weight-loss drug sales beat forecast, shares jump

Novo Nordisk reported forecast-beating third-quarter sales of its popular Wegovy weight-loss drug on Wednesday, reassuring investors

Novo Nordisk's Wegovy weight-loss drug sales beat forecast, shares jump
Business|Economy|Finance|Stock Markets|Technology|US

BMW quarterly profit misses expectations due to weak China sales, brake issues

BMW on Wednesday reported a 61% drop in its third-quarter profit, missing analyst expectations because of slumping China sales and brake

BMW quarterly profit misses expectations due to weak China sales, brake issues
Business|Economy|Europe|Finance|Stock Markets|US

Credit Agricole's shares fall as Q3 revenue misses forecasts

Credit Agricole SA shares fell nearly 6% after the French bank reported mixed quarterly results, marked by record investment banking sales, a slightly smaller-

Credit Agricole's shares fall as Q3 revenue misses forecasts
Asia|Business|Finance|Stock Markets

Toyota posts first quarterly profit drop in two years, hit by production woes

Toyota Motor posted on Wednesday its first quarterly profit drop in two years as its weaker sales and production issues in two crucial markets - Japan and the U.S.

Toyota posts first quarterly profit drop in two years, hit by production woes
Business|Election|Finance|Stock Markets|US

Traders trim bets on Fed rate cuts in 2025 as early election results tallied

Traders trimmed bets Tuesday on Federal Reserve interest rate cuts next year, as early tallies for the U.S. presidential election rolled in through the evening. 

Traders trim bets on Fed rate cuts in 2025 as early election results tallied
Asia|Business|Finance|Stock Markets

Honda posts 15% fall in Q2 operating profit, missing forecasts

Japan's Honda Motor reported a surprise 15% drop in second-quarter operating profit on Wednesday, missing analysts' expectations as it suffered a heavy sales decline in China.

Honda posts 15% fall in Q2 operating profit, missing forecasts
Asia|Finance|Stock Markets

Korea Zinc's $1.8 billion share sale plan suspended due to regulator's revision order

Korea Zinc's new share sale plan, which was announced on Oct 30 and worth around $1.8 billion, has been suspended due to a revision order by the South Korean financial regulator, a

Korea Zinc's $1.8 billion share sale plan suspended due to regulator's revision order
Americas|Election|Finance|Stock Markets|US

Trump presidency lifts Wall St to record high; dollar, Treasury yields surge

Wall Street tore to record highs on Wednesday and major stock markets around the world surged, while bitcoin hit an all-time-high and

Trump presidency lifts Wall St to record high; dollar, Treasury yields surge
Americas|Business|Economy|Election|Finance|Political|Stock Markets|World

Oil settles lower as US dollar surges, investors take stock of Trump victory

Oil prices settled lower on Wednesday as investors weighed a strong U.S. dollar against the potential that U.S.

Oil settles lower as US dollar surges, investors take stock of Trump victory
Business|Economy|Finance|Stock Markets|US

Spirit Aero raises doubts over ability to continue as going concern

Spirit AeroSystems, a key supplier to U.S. planemaker Boeing, warned on Tuesday there was "substantial doubt" the company would be able to continue as a

Spirit Aero raises doubts over ability to continue as going concern
Business|Economy|Election|Finance|Stock Markets|US

Stock futures, bitcoin and dollar rise as Trump poised to win

Stock futures, bitcoin and dollar rise as Trump poised to win

Stock futures, bitcoin and dollar rise as Trump poised to win
Business|Finance|Stock Markets|US

Elf Beauty sales to rise as demand for mass market beauty products grow

Elf Beauty is likely to report revenue growth of nearly 33% for the second quarter, bucking weak demand in the industry as its inexpensive cosmetics edged out

Elf Beauty sales to rise as demand for mass market beauty products grow
Business|Election|Stock Markets|Technology

Trump’s media stock was halted for extremely volatile trading as America went to the polls

Trump’s media stock was halted for extremely volatile trading as America went to the polls

Trump’s media stock was halted for extremely volatile trading as America went to the polls
Business|Election|Finance|Stock Markets|US

Hedge funds perform better with Democrats in White House, HFR data shows

Hedge fund performance, on average, is better when the U.S. president is a

Hedge funds perform better with Democrats in White House, HFR data shows
Americas|Business|Economy|Finance|Stock Markets

Delay in Chile mining permits a serious problem, says local head of Freeport

An extended delay in enacting reforms in Chile aimed at expediting mining permits represents a "serious" problem for the industry in the world's top copper-producing country, the

Delay in Chile mining permits a serious problem, says local head of Freeport
Business|Economy|Finance|Stock Markets|US

Will the Fed really 'lose control' of the bond market?: McGeever

When Federal Reserve Chair Jerome Powell and his colleagues meet this week to discuss their next interest rate move, they'll face a much more complicated

Will the Fed really 'lose control' of the bond market?: McGeever
Business|Finance|Stock Markets

Expeditors International beats Q3 estimates on early freight moves

Logistics company Expeditors International of Washington reported third-quarter results above estimates on Tuesday, driven by increasing tonnage and volumes as some shippers moved freight

Expeditors International beats Q3 estimates on early freight moves
Business|Finance|Stock Markets|Technology|US

Cummins posts quarterly profit beat on strong demand for power products from data centers

Cummins Inc beat third-quarter profit estimates on Tuesday, due to robust demand for its power generation products from data centers, sending the shares of the company up more than 4% in

Cummins posts quarterly profit beat on strong demand for power products from data centers
Business|Finance|Stock Markets

Catalent misses Q1 revenue estimates ahead of $16.5 billion deal close with Novo Holdings

Contract drug manufacturer Catalent, which is in the process of being acquired by Novo Holdings, posted a surprise first-quarter loss and revenue below Wall Street estimates on Tuesday.

Catalent misses Q1 revenue estimates ahead of $16.5 billion deal close with Novo Holdings
Business|Europe|Finance|Stock Markets

Ferrari's core profit rises despite shipment dip after software switch

Ferrari core earnings rose 7% in the third quarter despite a small and calculated dip in car shipments aimed at facilitating an internal software

Ferrari's core profit rises despite shipment dip after software switch
Business|Finance|Stock Markets|Technology

Palantir shares surge to record as AI boom powers forecast raise

Palantir shares jumped over 17% to hit a record high on Tuesday, after the data analytics firm raised its annual revenue forecast for the third time, bolstering investor

Palantir shares surge to record as AI boom powers forecast raise
Business|Finance|Stock Markets

ADM down 6% as more accounting errors arise, profit forecast cut

Archer-Daniels-Midland shares ended down 6% on Tuesday after the global grains merchant cut its 2024 profit outlook and said it would amend previous

ADM down 6% as more accounting errors arise, profit forecast cut
Business|Election|Finance|Stock Markets|US

Stocks to watch as White House race enters final stretch

As Americans go to the polls to elect a new president, investors are trying to gauge how stock markets will react as polls and betting platforms point

Stocks to watch as White House race enters final stretch
Business|Economy|MidEast|Stock Markets

Oil hedging activity hits record in October as traders eye market risks

Investors ramped up oil futures and options trading in October to record levels in a bid to hedge growing uncertainty as war rages on in the Middle East and a

Oil hedging activity hits record in October as traders eye market risks
Business|Finance|Stock Markets|US

DuPont raises annual profit forecast on strong AI-tech demand

By Seher Dareen -DuPont de Nemours raised its full-year profit forecast after topping third-quarter estimates on Tuesday, as the industrial materials maker rides a recovery in demand from

DuPont raises annual profit forecast on strong AI-tech demand
Election|Finance|Stock Markets|US

World markets firm as America decides

A look at the day ahead in U.S. and global markets from Mike Dolan Even with the uncertainty of what most pollsters see as a dead heat in the White House race, world markets are in a upbeat mood as

World markets firm as America decides
Business|Finance|Stock Markets|Technology

Musk now says it's 'pointless' to build a $25,000 Tesla for human drivers

When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker’s stock plunged.

Musk now says it's 'pointless' to build a $25,000 Tesla for human drivers
Business|Economy|Europe|Finance|Stock Markets

Italy puts ITA-Lufthansa deal on hold due to price dispute, sources say

Italy's Treasury has put on hold the sale of a minority stake in ITA Airways to Lufthansa because of a dispute with the German carrier over the agreed price, two sources

Italy puts ITA-Lufthansa deal on hold due to price dispute, sources say
Business|Election|Finance|Stock Markets|US

'Trump trade' surges as he claims victory

Investors bought dollars, bitcoin and stocks, and sold bonds as Donald Trump claimed victory in the U.S. presidential

'Trump trade' surges as he claims victory
Election|Finance|Stock Markets|US

Stocks jump on Election Day as investors eye outcome

U.S. stocks closed sharply higher in a broad rally on Tuesday after data signaled a solid economy, but investors braced for volatile trading this week as

Stocks jump on Election Day as investors eye outcome
Business|Economy|Finance|Stock Markets|US

Even Warren Buffett thinks his stock is too expensive

Even Warren Buffett thinks his stock is too expensive

Even Warren Buffett thinks his stock is too expensive
Business|Entertainment|Finance|Stock Markets|Technology

France's Believe denies copyright allegation in $500 million US claim by UMG

French digital music company Believe on Tuesday denied allegations of copyright infringement by Universal Music Group, which is seeking damages of

France's Believe denies copyright allegation in $500 million US claim by UMG
Business|Economy|Stock Markets

Trump should be worried about this stock market indicator

Trump should be worried about this stock market indicator

Trump should be worried about this stock market indicator
Election|Finance|Stock Markets|US

Most Gulf markets gain ahead of US election

Most stock markets in the Gulf rose on Tuesday as markets waited for early indications of the outcome of a knife-edge U.S. election.

Most Gulf markets gain ahead of US election
Business|Economy|Finance|Stock Markets

BlackRock commits to keep Naturgy listed after stake acquisition

BlackRock committed not to support a delisting of Spanish utility Naturgy for at least three years to win government approval for its acquisition of a stake in the group, a stock market

BlackRock commits to keep Naturgy listed after stake acquisition
Business|Europe|Finance|Stock Markets

European shares edge higher with US election in spotlight; Astrazeneca sinks

Europe's STOXX 600 eked out minor gains on Tuesday led by gains in industrials as investors assessed a slew of downbeat earnings and kept a close eye

European shares edge higher with US election in spotlight; Astrazeneca sinks
Business|Europe|Finance|Stock Markets

Air France KLM shares fall as Morgan Stanley downgrades stock

Air France KLM shares fell on Tuesday after Morgan Stanley cut its rating on the stock to 'underweight' from 'equal weight'.

Air France KLM shares fall as Morgan Stanley downgrades stock
Asia|Business|Economy|Finance|Stock Markets

BOJ to raise rates again most likely in January, says ex-policymaker

The Bank of Japan is likely to raise interest rates in coming months with January emerging as the most likely timing, when there will be more

BOJ to raise rates again most likely in January, says ex-policymaker
Business|Economy|Finance|Stock Markets

Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier

Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues

Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Business|Economy|Europe|Finance|Stock Markets

Q3 earnings half-time in Europe: Investors reward beats but fret about China

Europe's third-quarter earnings have mostly topped markets' low expectations and investors are rewarding beats more handsomely than they have in

Q3 earnings half-time in Europe: Investors reward beats but fret about China
Asia|Business|Finance|Stock Markets

Toyota to post first profit drop in 2 years as demand cools after big run

Toyota Motor is expected to post its first profit drop in two years when it reports second-quarter earnings on Wednesday, signalling cooling demand after a run of

Toyota to post first profit drop in 2 years as demand cools after big run
Election|Finance|Stock Markets|US

Stocks rise, Treasuries dip as markets await US election outcome

World stocks rose and Treasury yields retreated from early highs on Tuesday as markets awaited early indications of the outcome of a knife-edge U.S.

Stocks rise, Treasuries dip as markets await US election outcome
Asia|Finance|Stock Markets|US

Stock market today: Wall Street rallies on Election Day as economy remains solid

U.S. stocks rallied as voters headed to the polls on the last day of the presidential election and as more data piled up to show the economy remains solid

Stock market today: Wall Street rallies on Election Day as economy remains solid
Business|Election|Finance|Stock Markets|US

Oil prices edge up on Gulf of Mexico storm ahead of US election results

Oil prices edged up about 1% on Tuesday with a storm expected to cut U.S. output in the Gulf of Mexico and as the U.S. dollar weakened on Election Day with polls

Oil prices edge up on Gulf of Mexico storm ahead of US election results
Business|Finance|Stock Markets|US

Wynn misses third-quarter profit, revenue estimates on weak Las Vegas business

Wynn Resorts posted quarterly profit and revenue below Wall Street expectations on Monday, due to sluggish casino business in Las Vegas, sending its shares down 2.8% in extended trading.

Wynn misses third-quarter profit, revenue estimates on weak Las Vegas business
Business|Economy|Election|Stock Markets|US

Trump’s stock surges on the last day before the election

Trump’s stock surges on the last day before the election

Trump’s stock surges on the last day before the election
Business|Finance|Stock Markets|US

US CEOs fired more quickly over low stock prices this year, report says

U.S. companies with lagging stock prices are now quicker to blame management and fire their top executive, but the process of finding a replacement has

US CEOs fired more quickly over low stock prices this year, report says
Business|Finance|Stock Markets|Technology|US

Fox Corp tops revenue targets on political ad boom ahead of US election

Fox Corp beat Wall Street expectations for first-quarter revenue on Monday, as the media company benefited from higher political advertising ahead of the U.S. presidential election on Nov.

Fox Corp tops revenue targets on political ad boom ahead of US election
Business|Economy|Election|Europe|Stock Markets|US

In a Trump win, 'buy-the-dip' opportunity seen in European defence

A Donald Trump victory in the race for the White House is widely seen as bullish for European defence stocks, given his warnings to scale back U.S. military support

In a Trump win, 'buy-the-dip' opportunity seen in European defence
Business|Finance|Stock Markets|US

Loews' third-quarter profit jumps on investment income boost

Loews Corp reported an increase in quarterly profit on Monday, helped by higher investment income and strong performance in its insurance unit.

Loews' third-quarter profit jumps on investment income boost
Election|Finance|Stock Markets|US

US equity funds record biggest weekly outflow in five weeks

U.S. equity funds saw substantial outflows in the week to Oct. 30 as investors exercised caution ahead of Tuesday's presidential election and a Federal Reserve policy decision on Wednesday

US equity funds record biggest weekly outflow in five weeks
Business|Finance|Stock Markets|Travel|US

Marriott trims 2024 profit forecast on sluggish China domestic travel demand

Marriott International cut its annual profit forecast on Monday as weak domestic travel in China overshadowed strong group and international demand,

Marriott trims 2024 profit forecast on sluggish China domestic travel demand
Election|Finance|Stock Markets|US

Wall St slips as uncertainty surrounds U.S. election

U.S. stocks closed slightly lower after a choppy session on Monday, as investors prepared for a crucial week in which Americans will elect a new president and

Wall St slips as uncertainty surrounds U.S. election
Business|Election|Stock Markets|US

Outliers from Iowa and payrolls sow confusion

A look at the day ahead in U.S. and global markets from Mike Dolan With even the Federal Reserve meeting in the shade of Tuesday's election, markets have little to go other than last-minute opinion

Outliers from Iowa and payrolls sow confusion
Business|Finance|Stock Markets|US

For dealmakers, regulatory chaos would undercut Trump's pro-business tilt

With any other president, promises of less regulation and lower corporate taxes would have Wall Street's deal

For dealmakers, regulatory chaos would undercut Trump's pro-business tilt
Europe|Finance|Stock Markets

Hedge funds stung by European stock markets in October, Goldman Sachs says

Hedge funds focused on European stock markets suffered their largest monthly losses in over a year in October, dragged down by a broader market sell off, according

Hedge funds stung by European stock markets in October, Goldman Sachs says
Business|Election|Finance|Stock Markets|US

Trump Media traders brace for volatility as US Election Day nears

Trump Media's roller-coaster share price has served as something of a proxy for Republican presidential candidate Donald Trump's chances of election.

Trump Media traders brace for volatility as US Election Day nears
Business|Economy|Finance|Stock Markets|Technology

Ambani's Reliance Jio IPO set for 2025, retail debut much later, sources say

Indian billionaire Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion, and

Ambani's Reliance Jio IPO set for 2025, retail debut much later, sources say
Election|Europe|Finance|Stock Markets|Technology|US

European shares dip as tech losses offset bank, oil gains

European shares dipped on Monday as losses in technology stocks offset gains in banks and oil shares, and the focus was on the U.S. presidential election.

European shares dip as tech losses offset bank, oil gains
Business|Europe|Fashion and Beauty|Finance|Stock Markets

Burberry shares jump on Moncler bid report

Shares in Burberry rose as much as 8% on Monday after website Miss Tweed reported that Italy's Moncler was considering a bid for the London-listed luxury group to create an outdoor

Burberry shares jump on Moncler bid report
Business|Economy|Europe|Finance|Stock Markets

Swedish government commission recommends easing mortgage repayment rules

Sweden should ease rules on mortgage borrowing and repayment which have made it harder for new buyers to get into the housing market, a government-appointed commission

Swedish government commission recommends easing mortgage repayment rules
Business|Europe|Finance|Stock Markets

EU antitrust regulators to rule on Novo's Catalent buy by Dec. 6

EU antitrust regulators will decide by Dec. 6 whether to clear Novo Holdings' acquisition of contract drug manufacturer Catalent, according

EU antitrust regulators to rule on Novo's Catalent buy by Dec. 6
Business|Economy|Europe|Finance|Stock Markets

Ryanair fare falls ease after fraught summer, growth to return next year

Sharp falls in Ryanair ticket prices seen earlier this summer have eased significantly and Chief Executive Michael O'Leary is optimistic fares will return to

Ryanair fare falls ease after fraught summer, growth to return next year
Asia|Economy|Finance|Stock Markets|World

Stock market today: Wall Street drifts ahead of Election Day and a manic week for markets

U.S. stock indexes drifted lower ahead of a momentous week full of potential flashpoints in Washington, D

Stock market today: Wall Street drifts ahead of Election Day and a manic week for markets
Asia|Business|Economy|Stock Markets|US

Dollar, stocks slip before tight US election; government yields drop

The dollar softened and stocks fell on Monday as investors treaded carefully hours before the U.S. presidential election, with a U.S.

Dollar, stocks slip before tight US election; government yields drop
Business|Economy|Finance|Stock Markets

Oil jumps nearly 3% after OPEC+ delays output hike, US election in focus

Oil prices climbed nearly 3% on Monday on OPEC+'s decision for a month's delay in plans to increase output, while investors also focused on the U.S. presidential

Oil jumps nearly 3% after OPEC+ delays output hike, US election in focus
Asia|Australia|Business|Finance|Stock Markets

Australia's Westpac annual profit down as costs overshadow margin bump

No.2 Australian mortgage lender Westpac said on Monday annual profit dipped as costs associated with a technology overhaul outweighed an improved loan

Australia's Westpac annual profit down as costs overshadow margin bump
MidEast|Stock Markets|World

Most Gulf markets subdued on regional tensions

Most stock markets in the Gulf were subdued on Sunday after a report suggested Iran might be preparing a retaliatory strike on Israel from Iraqi territory in the coming

Most Gulf markets subdued on regional tensions
Business|Finance|Stock Markets|US

Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock

Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway’s assorted businesses without finding any major acquisitions

Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock
Business|Finance|Stock Markets|US

Berkshire's cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls

Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, further slashing holdings in Apple and boosting cash to a record $325.2

Berkshire's cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls
Business|Europe|Finance|Stock Markets|US

KKR exploring investment in Thames Water share plan, Sky News reports

U.S. investment group KKR is in talks with troubled British utility Thames Water and its advisers about participating in a 3 billion pounds ($3.88 billion) share sale which forms part of a

KKR exploring investment in Thames Water share plan, Sky News reports
Business|Election|Finance|Stock Markets|US

Hedge funds' risk trends higher ahead of US election

Global hedge funds are coming into the U.S. presidential election with more equity leverage in their portfolios than they had in the beginning of the year, indicating higher risk

Hedge funds' risk trends higher ahead of US election
Election|Finance|Stock Markets|US

US election, Fed meeting loom in big week for markets

A double dose of potentially market-moving events arrives in the coming week as Americans vote on their next president and the Federal Reserve offers more

US election, Fed meeting loom in big week for markets
Business|Celebrity|Election|Finance|Stock Markets|US

Trump loses $2.4 billion in net worth after his social media stock implodes right before the election

Trump loses $2.4 billion in net worth after his social media stock implodes right before the election

Trump loses $2.4 billion in net worth after his social media stock implodes right before the election
Business|Finance|Stock Markets|Technology|US

Crypto ETFs see big inflows ahead of U.S. election, traders brace for volatility

Investors have plowed money into funds tracking bitcoin, betting on a return of Republican Donald Trump to the White House even as they expect wild price swings

Crypto ETFs see big inflows ahead of U.S. election, traders brace for volatility
Business|Economy|Europe|Finance|Stock Markets

Asset manager Vanguard buys gilts after budget-driven sell-off

The world's second-biggest asset manager Vanguard said on Friday it had bought UK government bonds in the wake of the new Labour government's budget, taking

Asset manager Vanguard buys gilts after budget-driven sell-off
Election|Finance|Stock Markets|US

Stocks to watch as White House race enters final stretch

Just days ahead of the Nov. 5 presidential election in the U.S., investors are trying to gauge how stock markets will react as polls and betting platforms

Stocks to watch as White House race enters final stretch
Business|Economy|Finance|Stock Markets|US

Exxon, Chevron top Q3 profit expectations as US oil output hits record high

U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil

Exxon, Chevron top Q3 profit expectations as US oil output hits record high
Business|Finance|Stock Markets|US

Simon Property Group misses quarterly funds from operations estimates

Commercial real estate investment trust Simon Property Group missed market expectations for third-quarter funds from operations (FFO) on Friday, hurt by softer leasing demand at its mixed-

Simon Property Group misses quarterly funds from operations estimates
Business|Finance|Stock Markets|US

Dominion Energy beats Q3 profit estimates on lower costs and steady demand

Dominion Energy beat Wall Street estimates for third-quarter profit on Friday, as the electric utilities company benefited from lower costs and steady electricity demand during hot weather

Dominion Energy beats Q3 profit estimates on lower costs and steady demand
Economy|Election|Finance|Stock Markets

Japan political turmoil a risk for BOJ December hike, former board member says

Political turmoil after Japan's ruling coalition lost its majority in a snap election last weekend could lead the Bank of Japan to delay its next interest rate

Japan political turmoil a risk for BOJ December hike, former board member says
Business|Economy|Finance|Stock Markets|US

Cboe beats third-quarter profit estimates on strong hedging activity

Cboe Global Markets reported better than expected third-quarter profit on Friday, helped by strong options trading as investors actively hedged against

Cboe beats third-quarter profit estimates on strong hedging activity
Business|Stock Markets|US

Boeing shares rise on hopes new wage offer will end strike

Boeing shares gained 3.5% on Friday on bets that the planemaker's U.S.

Boeing shares rise on hopes new wage offer will end strike
Business|Finance|Stock Markets

Abbott shares rise after securing first win in premature infant formula trial

Abbott Laboratories shares rose nearly 5% before the bell on Friday, after a jury cleared the company and a Reckitt unit of liability in a lawsuit over their premature baby formulas' risks

Abbott shares rise after securing first win in premature infant formula trial
Business|Economy|Finance|Stock Markets|US

Enbridge's Q3 profit more than doubles on acquisition contributions

Enbridge's third-quarter profit more than doubled from a year ago, the Canadian energy infrastructure company said on Friday, citing incremental

Enbridge's Q3 profit more than doubles on acquisition contributions

Follow