Latest in Upgrades Consumption Outlook
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LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingBusiness - Financial Times - October 16 -
Global electricity demand to double by 2050, IEA’s World Energy Outlook says
Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency saidBusiness - MarketWatch - October 16 -
NOAA releases 2024-25 winter weather outlook: Here's what to expect
Depending on where you live in the U.S., this winter could bring a mix of snow and rain or unseasonably warm weather, according to climate experts.Politics - The Hill - October 17 -
Genuine Parts stock slides on Q3 earnings miss, lowered outlook
Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market ...Business - MarketWatch - October 22 -
Salzgitter Cuts Outlook After Swing to Nine-Month Pretax Loss
The German steel company slashed its outlook for the third time this year, adding that it expects to report a pretax loss for 2024 amid sustained economic weakness.Business - The Wall Street Journal - October 22 -
Munich Re Lifts Outlook Despite Third-Quarter Miss
Munich Re’s third-quarter net profit missed consensus forecasts due to hurricane losses but the company said it expected to beat its full-year target.Business - The Wall Street Journal - October 22 -
IMF declares victory over inflation, boosts US economic outlook
International Monetary Fund (IMF) officials sounded a death knell for the post-pandemic inflation Tuesday and raised projections for U.S. economic performance, placing the U.S. at the center of the ...Politics - The Hill - October 22 -
IMF warns on China's property market worsening as it cuts country's growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.Business - CNBC - October 23 -
Volvo Cars slashes outlook citing ‘increasingly volatile environment’
Volvo Cars CEO Jim Rowan said the company is facing slower demand in Europe, the U.S. and China.Business - MarketWatch - October 23 -
Mattel Lowers Sales Outlook After Barbie Sales Weigh
The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain improvements and lower input costs.Business - The Wall Street Journal - October 23 -
Unilever reiterates 2024 outlook after third-quarter sales growth
Unilever on Thursday reiterated its 2024 outlook after reporting underlying sales growth of 4.5% in the third quarter.Business - MarketWatch - October 24 -
WNBA outlook is promising after record-setting year — but challenges lie ahead
The WNBA outlook seems promising heading into the offseason following a banner season with record ratings, attendance and a first-time champion in New YorkSports - ABC News - October 24 -
Tesla’s Shares Surge 20% After Strong Earnings and Outlook
The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.Business - The New York Times - October 24 -
Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks
Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.Business - The Wall Street Journal - October 25 -
Philips shares slide as company blames China for lowered sales outlook
Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.Business - MarketWatch - October 28 -
NHS in England to receive £1.5bn next year to boost appointments
Fresh funding comes as part of wider package which will be set out by Reeves in Budget on WednesdayBusiness - Financial Times - October 28 -
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 - October 29 -
JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses
JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.Business - MarketWatch - October 29 -
EBay’s sales outlook comes in weaker, and stock falls more than 7%
EBay’s slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.Business - MarketWatch - October 31 -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - October 31 -
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 - October 31 -
ConocoPhillips stock rises on Q3 earnings profit beat, robust outlook
ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.Business - MarketWatch - October 31 -
Huntington Ingalls' Shares Tumble on Outlook Cut, Navy Contract Delay
The biggest U.S. military shipbuilder pulled its five-year free cash-flow forecast amid uncertainty about a submarine contract, supply-chain disruption and the loss of experienced workers.Business - The Wall Street Journal - October 31 -
Federal Reserve to Cut Rates Again Despite Unclear Post-Election Outlook
Two days after the election, the Federal Reserve will cut rates again.Business - Inc. - November 3 -
ADM Discloses More Accounting Issues, Cuts Profit Outlook
The agriculture company disclosed more accounting problems and will amend some past financial results while slashing its profit forecast for the year.Business - The Wall Street Journal - November 5 -
We're trimming our position in an industrial stock with an uncertain growth outlook
The sale will decrease the stock's weighting in our portfolio to roughly 2.5% from 3.05%Business - CNBC - November 5 -
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Rolls-Royce sticks to outlook despite supply chain woes
UK aerospace group buoyed by post-pandemic surge in international travelWorld - Financial Times - 6 days ago -
Tapestry’s stock climbs on sales and earnings beat, raised outlook
Tapestry’s first-quarter revenue was fueled by topline growth at Coach.Business - MarketWatch - 6 days ago -
Ben Jennings on Trump’s victory and a bleak outlook for the planet – cartoon
Discover and buy more of Ben’s cartoons here Order your own print of this cartoon from the Guardian Print Shop Continue reading...World - The Guardian - 6 days ago -
DraftKings cuts full-year outlook, citing unfavorable sports-betting outcomes
DraftKings stock falls as “customer-friendly” sports outcomes early in the current quarter led to a lowered full-year revenue outlook.Business - MarketWatch - 6 days ago -
Instacart’s weak outlook for the end of the year drags the stock lower
Instacart says sales are up 12%, but investors worry about weaker outlook and the prospect of cooling demand.Business - MarketWatch - Yesterday -
Republicans and Democrats Highly Divided in Economic Outlook Under Trump
Consumer sentiment among Republicans has soared to its highest point since Donald J. Trump left the White House, while declining among Democrats.Business - The New York Times - 16 hours ago -
Oura Ring 4 review: best smart ring gets comfort and battery upgrade
Sleek, celeb-favoured gadget tracks sleep, activity and heart health without a smartwatch, but comes at high cost. Oura’s stylish smart ring worn by celebrities and athletes alike has slimmed ...World - The Guardian - October 15 -
CoD: Black Ops 6 Gets Audio Upgrades, Plus Setting To Help With Tinnitus
Call of Duty: Black Ops 6 launches later this month, and now Activision has revealed the audio innovations Treyarch has implemented into the game. The publisher claims gameplay audio will be even ...Tech - GameSpot - October 15
