Nestle’s new CEO may cut guidance in fresh start, some investors warn
By Richa Naidu LONDON (Reuters) – Nestle could use the fresh start provided by new CEO Laurent Freixe in the coming months to lower financial guidance for the second time…
Airbus to cut up to 2,500 jobs in defence and space, sources say
PARIS (Reuters) -Airbus plans to cut up to 2,500 posts in its Defence & Space division, two people familiar with the matter said on Wednesday. The European planemaker aims to…
BofA’s Europe survey shows biggest surge in investor optimism since June 2020
Investing.com — Investor sentiment in Europe has surged to its highest level since June 2020, according to Bank of America’s latest survey. The October survey from BofA Securities posts an…
DJT stock: Trump Media’s dilution and bankruptcy risks remain
The Trump Media & Technology (DJT) stock price has staged a strong comeback in the past few weeks as the odds of Donald Trump winning the election rose. It has…
Why is US planning country specific cap on AI chip exports by Nvidia and AMD?
The Biden administration is considering implementing country-specific caps on the export of advanced artificial intelligence (AI) chips produced by companies like Nvidia and Advanced Micro Devices (AMD). This potential policy,…
What’s going on with Angel One stock?
Shares of Angel One surged by over 8% to Rs 2,980 on the NSE on Tuesday following the brokerage firm’s announcement of its best-ever quarterly financial performance. For the quarter…
Dollar hits two-month high as yen nears 150/$ amid rate cut speculation
The US dollar on Tuesday reached a peak not seen in over two months against several major currencies, driven by increasing speculation that the Federal Reserve will implement moderate rate…
Are investors overlooking financial stocks in favor of defensive trades? Morgan Stanley thinks so
Investors are currently focused on defensive trades, missing out on the strength of the economy, according to a report from Morgan Stanley. The firm has identified significant opportunities in underappreciated…
EasyJet share price analysis: buy, sell, or hold?
EasyJet (EZJ) share price has crawled back this month after going through substantial turbulence between April and August 10, when it slumped by over 31%. It has rebounded by 26%…
BT Group share price could dump as bearish divergence forms
BT Group (LON: BT.A) share price has staged a strong comeback this year, making it one of the best-performing companies in the FTSE 100 index. It rallied to the year-to-date…