Philip Morris Is A Growth Stock Again As Shares Hit Alltime High on Zyn Demand Boom
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Japan’s PM vows to stay on after election debacle
Shigeru Ishiba has presided over a result that threatens to plunge country’s politics into paralysisBusiness - Financial Times - October 28 -
Wise chief executive fined £350,000 over ‘tax issues’
UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his jobBusiness - Financial Times - October 28 -
From intern to CEO: does it pay to be a company lifer?
Executives who spend their career at one place can boost morale and loyalty but risk stifling innovationBusiness - Financial Times - October 28 -
Euro zone growth hits two-year high of 0.4%, beating expectations
Economists polled by Reuters expected 0.2% growth following the bloc's 0.3% expansion in the second quarter.Business - CNBC - October 30 -
Affirm sees booming buy-now-pay-later growth, but stock dips after earnings
The company is seeing more of its business shift toward interest-bearing products.Business - MarketWatch - November 8 -
US shares and Bitcoin hit record highs on Trump win
The result could have a far-reaching implications for tax and trade policy, as well as economies around the world.Top stories - BBC News - November 6 -
Delta expects higher profits thanks to high-end travel and 'resilient economy'
Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.Business - CNBC - 3 days ago -
New chancellor, new rules
Plus, Trump’s row with LabourWorld - Financial Times - October 25 -
Overnight stock trading hit a record high on the night of the U.S. election
Brokerages that offer overnight and 24-hour trading saw a surge in volume on the night of the U.S. election.Business - MarketWatch - November 7 -
Philips shares slide as company blames China for lowered sales outlook
Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.Business - MarketWatch - October 28 -
Siemens Energy Lifts Outlook on Power Demand Boom
Siemens Energy raised its midterm targets as the energy company bets on a boom in global power demand helped by rising electrification, industrial decarbonization and AI applications.Business - The Wall Street Journal - November 13 -
Home prices hit a new record high, but the pace of growth is slowing significantly and ‘showing signs of strain’
Case-Shiller 20-city home price index rose 5.2% year-on-year in August.Business - MarketWatch - October 29 -
Trump picks Scott Bessent as Treasury secretary
Hedge fund manager will be responsible for implementing president-elect’s pledges to cut taxes and raise tariffsBusiness - Financial Times - 19 hours ago -
Williams-Sonoma’s stock rockets to all-time high as market-share gains fuel earnings beat
Williams-Sonoma Inc.’s stock was up 26% on Wednesday after the home-goods retailer reported improved sales and market-share gains, as well as stronger-than-expected profit, despite a “difficult ...Business - MarketWatch - 3 days ago -
We're scooping up more shares of an AI stock down 12% from record highs
We had sold 100 shares of the company at higher prices this summer.Business - CNBC - 2 days ago -
Nasdaq hits record high as tech stocks rebound from summer sell-off
Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ betBusiness - Financial Times - October 25 -
This closely watched stock-market indicator hit a 2½-year high. What it says will happen next.
Wall Street was growing more bullish in the final weeks before the Nov. 5 presidential election — a contrarian sign that may suggest limited upside for U.S. stocks.Business - MarketWatch - November 2 -
U.S. stock market hits record highs with boost from election results and Fed announcement
The Dow and S&P 500 have set new records as post-election optimism and a major Fed announcement drive a market surge. CBS News MoneyWatch's Kelly O'Grady explains what's behind the rise.Top stories - CBS News - November 12 -
Netflix’s stock hits record high after news that Tyson-Paul fight drew 108 million viewers
Netflix says bout was the most-streamed global sporting event everBusiness - MarketWatch - 4 days ago -
Wall Street hits record high after Trump election win, as US dollar, bitcoin and Tesla shares surge – business live
Rolling coverage of the latest economic and financial news, as investors pile into Trump trades after US election result. Donald Trump elected US president in stunning political ...World - The Guardian - November 6 -
STMicroelectronics Cuts Outlook Again on Continued Weak Demand
STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.Business - The Wall Street Journal - October 31 -
Disney stock surges on streaming growth, guidance
Revenue for Disney's entertainment segment – which includes the traditional TV networks, direct-to-consumer streaming and films – increased 14% year over year.Business - CNBC - November 14 -
Unemployment rises as pay growth slows again
The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.Top stories - BBC News - November 12 -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - October 31 -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - October 31 -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
FirstFT: Bitcoin hits a record high
Also in today’s newsletter, Kremlin denies Putin spoke to Trump last week and America Inc’s new chief executiveWorld - Financial Times - November 11 -
The rehabilitation of KPMG in the UK
The years of audit failings and regulatory fines at its UK business are over, but some worry the firm is still losing ground to rivalsBusiness - Financial Times - 4 days ago -
China’s Baidu joins Meta in race to make AI-integrated smart glasses
Launch comes as Chinese internet groups jostle for dominance in hardwareBusiness - Financial Times - November 13 -
Foreign investors fear India’s stock market boom may be over
International investors pull out more than $10bn from Indian stocks as indices record largest fall since March 2020Business - Financial Times - November 4 -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - October 31 -
Europe’s growth prospects hit by fiscal restraint
EU governments’ belt-tightening plans come at a time when more investment is needed and growth is weakWorld - Financial Times - November 14 -
Baidu Revenue Falls Again as Advertising Demand Remains Weak
The Chinese search-engine giant reported lower revenue for the second straight quarter on falling sales from online-marketing services and an economy struggling to regain momentum.Business - The Wall Street Journal - 2 days ago -
3 Fast-Growth Lessons That Inc. 5000 Companies Follow to Make Business Boom
These may not be one-off tricks for hockey stick growth—but they are solid principles to employ in your business strategy.Business - Inc. - 3 days ago -
Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.Business - The Wall Street Journal - October 31