Manufacturing Activity Surges

Kenvue shares surge after activist Starboard takes stake

Starboard Value has amassed a significant stake in Kenvue, which spun out of Johnson & Johnson in mid-2023.

Business - CNBC - October 21

Harris raises nearly $1bn to surge past Trump in election money race

Democratic candidate pulled in more cash in three months than Republican challenger has managed since January 2023

World - Financial Times - October 21

UK capital gains tax receipts surge ahead of Budget

Revenue rises 16.3% between July and September as investors rush to get ahead of expected rate increase

Business - Financial Times - October 22

Priest shot dead after officiating Mass amid surging cartel violence

Rev. Marcelo Pérez was shot dead by two gunmen when he was in his van, just after he had finished celebrating Mass, the state prosecutors' office said.

Tariff surge would damage global growth, IMF warns

In a forecast two weeks before US election the fund says greater protectionism would drag down world economy

Business - Financial Times - October 22

SAP Gains $26 Billion in Market Value, Surging Past ASML

The German business-software company’s shares climbed more than 5% after it raised its revenue and earnings forecasts for the year on strong demand for AI.

Business - The Wall Street Journal - October 22

Saab Sees Sales at Upper End of Guidance as Defense Spending Surges

The Swedish defense company said demand remained high across its business units, but it noted significant strength in its dynamics division, which produces equipment such as ground combat weapons ...

Business - The Wall Street Journal - October 22

Thales Orders Beat Forecasts Amid Defense-Spending Surge

Thales posted orders above analysts’ expectations for the first nine months of the year as its defense and security business continued to benefit from robust military spending amid high ...

Business - The Wall Street Journal - October 23

Miners are razing forests to meet surging demand for metals and minerals, report says

A report by the World Resources Institute shows that rapidly expanding mining operations are causing widespread destruction of tropical primary rainforests and protected areas, raising carbon ...

World - ABC News - October 23

Tokyo Metro shares surge 45% on first day of trading

Tokyo Metro ‘s float on the Tokyo Stock Exchange marked Japan’s largest initial public offering since SoftBank’s ¥2.65 trillion listing in 2018

Business - MarketWatch - October 23

The surge in the dollar, yields and gold is delivering a unique technical nugget

Simultaneous sharp moves across asset classes have delivered a unique technical confluence — though interpreting what it signifies is pretty difficult.

Business - MarketWatch - October 23

Cocaine-related fatalities surge as England and Wales report record drug deaths

Campaigners say falling prices and social acceptability have driven higher use

Business - Financial Times - October 23

Wisconsin's first day of early voting surges past 2020 mark

The number of people who voted on Wisconsin’s first day of early voting in person for the 2024 election has surged past the number of people who voted on the first day of in-person early voting for ...

Politics - The Hill - October 23

Kroger and Walmart Deny ‘Surge Pricing’ After Adopting Digital Price Tags

Some members of Congress have expressed concerns that stores will monitor customers and raise prices. Business experts say the technology has not raised customers’ grocery bills.

Business - The New York Times - October 23

Muslims in Europe experiencing ‘worrying surge’ in racism, survey finds

‘Dehumanising rhetoric’ blamed as almost half of respondents say they recently suffered discrimination. Muslims across Europe are grappling with a “worrying surge” of racism that is being fuelled ...

World - The Guardian - October 24

UPS beat on revenue for the first time in 2 years, even as online sales slowed

UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.

Business - MarketWatch - October 24

Tesla’s stock sees best day in 11 years. Why it’s still hard not to be bullish.

Tesla added $150 billion in market cap — more than the combined value of Ford, GM and Stellantis — as analysts cheered the growth forecast and increasing transparency.