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ASML Expects Slower Semiconductor Recovery, Weighing on Chip Stocks
The company posted orders below analysts’ expectations as chip makers held back spending on key production equipment.Business - The Wall Street Journal - October 15 -
U.S. unemployment rate to stay low in 2025, top forecaster says
U.S. economic growth should moderate in 2025 but remain relatively strong, and the unemployment rate will look a little better, Harvard economist Karen Dynan said Tuesday.Business - MarketWatch - October 15 -
Meet the Election Denier Forecasting a Trump Win in the 2024 Election
Seth Keshel has become a darling among election deniers by factoring widespread voter fraud — the existence of which has been widely debunked — into his election predictions.Tech - The New York Times - October 15 -
Flying Into Storms Improves Forecasts, but It Is Rare in Asia’s Typhoon Alley
While observational flights have improved forecasts for many storms in the Americas, such flights have been far fewer for storms that have hit Asia.World - The New York Times - October 16 -
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsBusiness - MarketWatch - October 17 -
Victoria at risk of tornadoes as thunderstorms and giant hail lash Australia’s south-east
Bureau of Meteorology warns parts of Victoria to brace for ‘dangerous’ storm and intense rainfall that could lead to ‘life-threatening flash flooding’. Follow our Australia news live blog for ...World - The Guardian - October 18 -
Trump has gained in 538's forecast, but the election is still a toss-up
538's 2024 presidential election forecast shows a very close, toss-up race, with Trump taking a small lead.Top stories - ABC News - October 18 -
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 economyBusiness - Financial Times - 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 -
U.S. Remains Engine of Global Growth in New IMF Forecasts
The International Monetary Fund issued its latest World Economic Outlook report, saying American economic resilience should buoy worldwide growth.Business - Inc. - October 23 -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - October 24 -
Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes
The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.Business - The Wall Street Journal - 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 -
Germany’s five-year tax haul to fall nearly €60bn short of forecast
Gloomier economic predictions will increase budgetary strains and government coalition tensionsBusiness - Financial Times - October 24 -
Election forecaster moves Nebraska Senate race slightly toward independent challenger
An election forecaster moved Nebraska’s contentious Senate race slightly toward Sen. Deb Fischer’s (R) challenger, Independent candidate Dan Osborn. Sabato's Crystal Ball shifted the Senate contest ...Politics - The Hill - October 24 -
Hurricane Kristy strengthens into a Category 5 storm in the Pacific Ocean, forecasters say
Hurricane Kristy strengthens into a Category 5 storm in the Pacific Ocean, forecasters sayWorld - ABC News - October 24 -
English councils forecast £9.3bn deficit in three years, analysis shows
Bennett Institute research underlines scale of strains social care placing on local government financingBusiness - Financial Times - October 25 -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - 5 days ago -
Reddit shares soar 22% on earnings beat and better-than-expected forecast
Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.Business - CNBC - 6 days ago -
UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections
The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit SuisseBusiness - MarketWatch - 6 days ago -
What's the home equity loan interest rate forecast for November 2024?
Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.Top stories - CBS News - 6 days ago -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - 5 days ago -
October jobs forecast shaved to 110,000 after Boeing strike and hurricanes
The final U.S. jobs report before the presidential election is expected to be a crummy one, but it’s not Washington’s doing. Instead, a major strike at Boeing and a pair of deadly hurricanes would ...Business - MarketWatch - 5 days ago -
Meta sees AI spending accelerating as earnings top forecasts
Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technologyBusiness - Financial Times - 4 days ago -
Microsoft Shares Slip as Forecast Sparks Concern About AI and Cloud Revenue
The company’s projection points to less growth than anticipated, causing concern about the payoff for its massive AI investment.Business - The Wall Street Journal - 5 days ago -
Microsoft's stock has worst day in two years after disappointing forecast
Microsoft's stock fell more than 6% on Thursday after guidance fell short of analysts' estimates.Business - CNBC - 4 days ago -
Forecasters scare up record-high temperatures for Halloween in the Northeast
As record-breaking high temperatures were expected Wednesday, snow blanketed the mountaintops of Hawaii and residents of the Great Plains were bracing for tornadoes.Top stories - ABC News - 4 days ago