Latest in Estée Lauder’s stock heads for record selloff after profit warning, dividend cut
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Estée Lauder’s stock heads for record selloff after profit warning, dividend cut
Consumer sentiment in China worsened, driving weak prestige beauty and Asia travel retail sales.Business - MarketWatch - 5 hours ago -
Estée Lauder shares plunge as China sales slump prompts dividend cut
Beauty group’s stock drops 25% after guidance withdrawn for rest of yearBusiness - Financial Times - 3 hours ago -
Chip Stock Selloff Persists in Europe, Asia After ASML Warns of Slower Recovery
Chip stocks in Europe and Asia continued to fall Wednesday after Dutch semiconductor-equipment maker ASML Holding warned the recovery for some areas of the industry could extend well into next ...Business - The Wall Street Journal - October 16 -
Estée Lauder names new chief executive as family steps back
Stéphane de La Faverie to lead beauty group while William Lauder to relinquish executive chair roleBusiness - Financial Times - Yesterday -
Sharp stock selloff in early August might be preview of coming events, IMF warns
Investor sentiment appears rosy, even in the face of elevated uncertainty, over the U.S. presidential election and wars around the world, the IMF saidBusiness - MarketWatch - October 22 -
Travelers’ stock soars as earnings triple despite record catastrophe losses
ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.Business - MarketWatch - October 17 -
Nvidia’s stock secures first record in four months as customers seem locked in
One analyst says customers are in a “prisoner’s dilemma” that will keep them spending, while another was encouraged by recent Nvidia commentary on the company’s “moat.”Business - MarketWatch - October 14 -
Yahya Sinwar: the ruthless architect of Hamas’s October 7 attack
Fugitive militant who spent decades in jail has been killed in GazaBusiness - Financial Times - October 17 -
Trump hawks merchandise as White House race enters final stretch
Republican candidate cashes in on fame to sell pieces of his suits, branded jewellery and footwear and his imageBusiness - Financial Times - October 17 -
Top Wall Street analysts are upbeat on these dividend stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco and Diamondback EnergyBusiness - CNBC - 4 days ago -
Deutsche Bank warns of rising bad loan provisions
German lender posts record third-quarter profits but tells investors to brace again for credit risksBusiness - Financial Times - October 23 -
PayPal beat big on a profit metric, but here’s why its stock is falling
PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”Business - MarketWatch - 2 days ago -
Why Microsoft’s stock selloff may be a buying opportunity, according to analysts
Microsoft’s guidance disappointed, but analysts see the stock as less crowded nowadays — with ample AI opportunity ahead.Business - MarketWatch - 4 hours ago -
General Motors’ stock jumps after big profit beat, progress on EV profits
GM’s stock rallies toward a multiyear high after profit beat by a wide margin and the full-year outlook was raised.Business - MarketWatch - October 22 -
ASML’s stock tumbles after microchip equipment maker warns of slower recovery
ASML Holding, the Dutch microchip-equipment maker, saw its stock slide after saying the market recovery for semiconductors will take longer than expected.Business - MarketWatch - October 15 -
Lucid’s stock takes a dive after EV maker warns of larger losses
Lucid’s stock took a deep dive in early Thursday trading, after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecasts.Business - MarketWatch - October 17 -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - 6 days ago -
Trump Bobs His Head to Music for 30 Minutes in Odd Town Hall Detour
After multiple interruptions, Donald Trump cut off questions and seemed to decide that it would be more enjoyable for all concerned — and, it appeared, for himself — if he fired up his campaign ...Top stories - The New York Times - October 15 -
10-year Treasury yield closes below 4.3% after Tuesday’s initial selloff fades
Long-dated Treasury yields finished lower on Tuesday after a selloff of U.S. government debt that began during European trading hours faded by the end of the New York session.Business - MarketWatch - Yesterday -
Royal Caribbean CEO: Americans are ‘wealthier than ever’ and love to travel
Royal Caribbean’s stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.Business - MarketWatch - 2 days ago -
Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates
Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.Business - MarketWatch - Yesterday -
Eli Lilly stock tumbles after drug giant misses estimates and slashes profit guidance
Skyrocketing demand for weight loss and diabetes drugs has forced Eli Lilly and Novo Nordisk, to invest billions to increase manufacturing capacity.Business - CNBC - 21 hours ago -
Reddit stock price soars after social media player reports rare profit
Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.Top stories - CBS News - 23 hours ago -
Kering Warns on Profit After Sales Slump Due to Gucci Revamp, Asia Woes
The French luxury group posted third-quarter revenue below analysts’ estimates and said it expects operating profit to nearly halve this year.Business - The Wall Street Journal - October 23 -
Iberdrola Profit Lifted by Record Investments
Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.Business - The Wall Street Journal - October 23 -
Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs
Spirit Airlines shares rose after the struggling carrier said it will cut jobs and sell planes.Business - CNBC - 5 days ago -
EstéeLauder Shares Plunge Nearly 20% After It Slashes Dividend
The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.Business - The Wall Street Journal - 2 hours ago -
Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high
Nvidia's gains in share price lifted its market value to top $3.4 trillion, unseating Microsoft as the second most valuable company on Wall Street.Business - CNBC - October 15 -
We're raising our Morgan Stanley price target after a post-earnings stock surge to record highs
Morgan Stanley's third-quarter beat on the top and bottom lines, with strength seen across the board.Business - CNBC - October 16