Latest in Global tech stocks fall amid broad declines in the region after Nvidia results
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Michelin Lowers Guidance After Sales Fall
The market downturn in Europe was caused by customers’ weaker purchasing power due to high interest rates and uncertainties over the pace of the transition to electric vehicles, Michelin said.Business - The Wall Street Journal - October 23 -
Schroders shares tumble to lowest in over 10 years after warning on outflows
Incoming chief executive Richard Oldfield pledges to sharpen asset manager’s focus and executionBusiness - Financial Times - 4 days ago -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - Yesterday -
We're adding to a tech stock that's been on our shopping list since last week
The last time we purchased shares of the company was in early August.Business - CNBC - October 15 -
Tech stocks are nearing their first record high since July as dip-buyers get their wish
Information technology stocks have shaken off their summertime blues, even reclaiming the top spot on the stock market’s 2024 leaderboard.Business - MarketWatch - October 17 -
Uranium and utilities stocks can soar even higher as Big Tech goes nuclear
Microsoft and other tech giants including Oracle, Amazon.com, Apple and Alphabet need more electricity to energize their AI future.Business - MarketWatch - October 19 -
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 -
Jim Cramer identifies an interesting buy level for our worst performing Big Tech stock this year
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - October 31 -
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.Business - CNBC - October 15 -
This election result could pour fuel on stock-market rally — but watch out for this wild card
Of the three most likely outcomes of the U.S. presidential election, two of them would likely point to further gains for the stock market, but there’s a major wild card.Business - MarketWatch - 4 days ago -
Without broad-based productivity, our country cannot prosper
Productivity equals prosperityPolitics - The Hill - October 24 -
Trump, Vance, Harris campaign potential targets of China-backed hackers
Federal authorities believe China-backed cybercriminals may have tried to tap into phones or networks used by Trump, Vance and Harris campaign staff, sources familiar with the matter confirmed.Top stories - CBS News - October 25 -
A Unified Republican Congress Would Give Trump Broad Power for His Agenda
A G.O.P. House and Senate could advance Trump-backed legislation and nominees, but thin margins and the filibuster could pose roadblocks and cause Republicans political trouble.Top stories - The New York Times - October 30 -
Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company
H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.Business - MarketWatch - October 14 -
ETFs that buy Chinese stocks struggle lately amid ‘lost faith’ in China stimulus
Chinese stocks are under pressure lately, with declines this month eroding gains from the massive rally sparked by China’s stimulus announcement in September.Business - MarketWatch - October 16 -
Apple sells $46 billion worth of iPhones over the summer as AI helps end slump
Apple snapped out of a recent iPhone sales slump during its summertime quarterTech - ABC News - October 31 -
Entain Raises Full-Year Guidance After Results Exceed Expectations
Ladbrokes owner Entain raised its full-year guidance and reported third-quarter results that exceeded its own expectations, helped by growth in the U.S.Business - The Wall Street Journal - October 17 -
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.Business - CNBC - October 23 -
Electrolux Shares Tumble After North America Weakness Weighs on Results
Electrolux shares fell sharply after the company reported third-quarter profit that missed analysts’ expectations on continued weakness in North America, where it is turning to promotions to entice ...Business - The Wall Street Journal - October 25 -
Novartis Lifts Guidance Again After Key Drugs Help Results
The pharmaceutical giant raised its full-year guidance for the third time this year after higher third-quarter profit and sales topped analysts’ expectations, boosted by revenue from its key drugs.Business - The Wall Street Journal - October 29