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News Digest /
Alex Vellor
Author: Alex Vellor
09:01am, Tuesday, Oct 08, 2024
Dow falls 400 points as oil prices and Treasury yields climb. Investors focus on GM's capital markets day and Nvidia's AI-related gains.
08:36am, Tuesday, Oct 08, 2024
PepsiCo revises 2024 sales forecast after weak Q3 performance. Inflation and higher costs impact North American and global snack sales.
08:10am, Tuesday, Oct 08, 2024
HSBC raises its gold price forecasts amid geopolitical tensions and economic uncertainty, predicting $2,395/Oz for 2024 and $2,625/Oz for 2025. With robust central bank demand and safe-haven interest, traders should monitor market dynamics closely.
08:12am, Friday, Oct 04, 2024
Friday Markets: Dow drops 184 points, while PLTR rises. Investors await jobs data, and the dockworker strike ends. Oil prices jump 8% amid Middle East tensions.
06:55am, Friday, Oct 04, 2024
Explore these 3 AI stocks with solid growth potential this October 2024, focusing on key financials, market trends, and investment insights.
03:51am, Friday, Oct 04, 2024
European equities opened cautiously Friday amid rising Middle East tensions, with the STOXX 600 steady at 516.40 points. The energy sector led gains, rising 4.1% this week, while DSV soared 6.6% after announcing a major acquisition. Geopolitical factors complicate trading.
05:17am, Thursday, Oct 03, 2024
This tech stock shows strong revenue, low debt, and high profitability, aligning with its recent Golden Star Signal for a potential long-term run.
04:07am, Thursday, Oct 03, 2024
U.S. stock futures decline amid global tensions, impacting Tesla and Levi Strauss. Tesla's Q3 deliveries miss estimates, while Levi reevaluates its Dockers brand after a 15% revenue drop. Oil prices rise as Middle East conflicts threaten supply.
08:26am, Wednesday, Oct 02, 2024
Before markets open, GM reports a boost in EV sales, Nike shares drop on mixed earnings, and Eli Lilly announces a $4.5B investment in U.S. manufacturing.
06:18am, Wednesday, Oct 02, 2024
The S&P 500's September performance surprised traders with a 2.1% gain, ending a five-year streak of poor Septembers. Lower interest rates boosted various assets, while 67% of S&P stocks outperformed the index. Caution remains advised for small-caps amid favorable mid-cap trends.
03:35am, Wednesday, Oct 02, 2024
On October 2, 2024, notable earnings announcements include RPM International and ConAgra Foods before the market opens, and Levi Strauss & Co. along with NovaGold Resources after the market closes. Stay tuned for the latest updates!
03:26am, Wednesday, Oct 02, 2024
RPM’s earnings preview shows 7.3% EPS growth, with cautious optimism around stock value and market sentiment ahead of key Q1 results.
09:17am, Tuesday, Oct 01, 2024
S&P 500 hits record; Fed signals no preset rate cuts. Port workers strike, halting trade, while Mastercard plans to acquire Minna Technologies.
08:34am, Tuesday, Oct 01, 2024
Apple Inc. (NASDAQ: AAPL) is reducing iPhone 16 production by 3 million units due to disappointing demand, causing a 1% stock drop. Barclays maintains an Underweight rating, citing weaker consumer spending and competition. Analysts forecast 51 million iPhone sales for Q3.
