Latest in News updates from October 31: S&P 500 ends winning streak on tech sell off; Apple beats expectations on higher iPhone sales
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Capitals 3-2 win ends Stars' winning streak
WASHINGTON (AP) — Tom Wilson, Dylan Strome and Taylor Raddysh scored to help the Washington Capitals end the Dallas Stars’ season-opening winning streak at four with a 3-2 victory Thursday night.Sports - Yahoo Sports - October 18 -
Danone Sales Growth Beats Market Expectations
The French food company confirmed its full-year guidance after a strong performance in North America and robust growth in sales volumes helped it deliver higher-than-expected organic revenue growth ...Business - The Wall Street Journal - October 24 -
Apple reports robust demand for iPhone 16 even as overall sales in China slow
Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone. Apple reported strong demand for the iPhone 16 in its quarterly earnings ...World - The Guardian - 9 hours ago -
‘800lb gorilla’: luxury brands battle China’s hit grey-market app
Sales of top brands on DeWu make up estimated 70% of country’s grey market as consumers hunt for lower pricesWorld - Financial Times - October 15 -
Labour donor to back Tortoise’s proposed purchase of Observer
South African businessman Gary Lubner in talks on taking minority stake in online start-upWorld - Financial Times - October 15 -
S&P 500 looks solid here — but the VIX is sending mixed signals
S&P 500 looks solid, and charts are positive for Amphenol, APA, wheat and Walgreens.Business - MarketWatch - October 17 -
This ETF has trounced the S&P 500 with bets on AI in a surprising sector
Macrae Sykes of Gabelli Funds explains his strategy, which looks beyond the Nvidia-focused AI hardware buildout.Business - MarketWatch - 5 days ago -
Why these 17 stocks in the S&P 500 are now more compelling
BlackRock CEO Larry Fink says companies’ earnings are “catching up” to high P/E ratios for their stocks. Here are 10 companies to keep an eye on.Business - MarketWatch - 2 days ago -
The Musk-led group driving millions to Trump’s White House bid
Also in today’s newsletter, shamelessness in American politics and Kamala Harris’s appearance on Fox NewsWorld - Financial Times - October 17 -
How the UK can improve its ‘offer’ to the world
Eli Lilly’s chief says the country must do more to attract business, yet budgets are tightWorld - Financial Times - October 17 -
Gold: ‘the ultimate perceived safe haven asset’?
BofA gets the goldbugWorld - Financial Times - October 17 -
Cheaper alternative to northern leg of HS2 under consideration
Feasibility study to be launched for a Birmingham to Manchester rail route that could be part-funded by private financeWorld - Financial Times - October 17 -
Labour’s unambitious reset with the EU
The UK government has constrained itself too much within its red linesWorld - Financial Times - October 17 -
Liz Kendall expected to retain £1.3bn cut to UK sickness benefits in Budget
Move by work and pensions secretary likely to cause concern among disability rights activistsWorld - Financial Times - October 17 -
Patriot — Alexei Navalny’s fight for a ‘beautiful Russia’, in his own words
The memoir of Putin’s murdered opponent is a worthy testament to his courage, defiance and humourWorld - Financial Times - October 22 -
Samsung falls short of expectations as chipmaker fails to reap AI benefits
Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK HynixWorld - Financial Times - Yesterday -
Donald Trump and the autocrats' playbook
‘This is a man who should be nowhere near power’World - Financial Times - Yesterday -
UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - Yesterday -
Bank of Japan holds rates but signals normalisation still on track
Political uncertainty following election upset raises risks of abrupt policy shifts, warn analystsWorld - Financial Times - 22 hours ago -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - 19 hours ago -
Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - 22 hours ago -
Eurozone activity contracts again in October, S&P PMI surveys suggest
The eurozone’s economy looks set to weaken further, with activity contracting for a second-straight month, as policymakers at the European Central Bank consider whether to accelerate interest-rate ...Business - MarketWatch - October 24 -
Boeing raises greater-than-expected $21 billion from new stock sales
Boeing said Tuesday that it will raise nearly $21 billion from a public offering of common stock and depositary shares — more than the roughly $19 billion that was initially mooted.Business - MarketWatch - 2 days ago -
Expect more emerging market sovereign defaults, says S&P
Countries exiting restructurings have lower ratings than in the past and may struggle to access capitalBusiness - Financial Times - October 14 -
Spurs vs. Jazz odds, line, spread, time: 2024 NBA picks, October 31 predictions from proven model
SportsLine's model just revealed its NBA picks for San Antonio Spurs vs. Utah Jazz on ThursdaySports - CBS Sports - 14 hours ago -
Mavericks vs. Rockets odds, line, spread, time: 2024 NBA picks, October 31 predictions from proven model
SportsLine's model just revealed its NBA picks for Houston Rockets vs. Dallas Mavericks on ThursdaySports - CBS Sports - 15 hours ago -
Gallerist Atsuko Ninagawa on how to navigate Tokyo’s art scene
A tour of the city’s cultural highlights with the co-founder and director of Art Week TokyoWorld - Financial Times - 3 days ago -
Reeves’ Budget measures risk hitting ‘working people’, analysts say
Some businesses will struggle with tax rises alongside a higher minimum wage and new labour lawsWorld - Financial Times - 3 days ago -
Bangladesh’s leader says ‘no place’ for Sheikh Hasina’s ‘fascist’ party
Muhammad Yunus says will not seek exiled leader’s extradition from India before domestic tribunal’s verdictWorld - Financial Times - 2 days ago -
Hospitals in firing line of forgotten war
Sudan’s brutal civil war is taking a devastating toll on the country’s health facilitiesWorld - Financial Times - 2 days ago -
Why EU defence and security policy will stay in the hands of capitals
Also in this newsletter: wading into France’s budget messWorld - Financial Times - 2 days ago -
Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB
Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warmingWorld - Financial Times - Yesterday -
Chinese sanctions hit US drone maker supplying Ukraine
Beijing’s move leaves California company rushing to find new battery providersWorld - Financial Times - 16 hours ago -
UBS has just lowered earnings estimates — and raised its S&P 500 target
UBS on Tuesday issued an unusual pairing, reducing its estimates for earnings growth while at the same time lifting its S&P 500 target for this year and next.Business - MarketWatch - October 15 -
S&P 500 eyes another record close — plus, our 2 health-care stocks that defied the group
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 18
