S&P 500 Hits Record as Fed Cuts Rates
The S&P 500 proved to have a track record of setting records, this time by a 0.8% increase, made possible by the willingness to boost the stock prices and major…
Oil and Natural Gas Analysis: High Volatility & Trends
Overall Analysis Oil turned highly volatile continuously on the 2nd trading session. Price action indicates an uptrend. Natural Gas fell sharply, going -4% in a single day. High volatility and…
SoftBank back to quarterly profit with $7.7 billion gain
TOKYO (Reuters) – Japan’s SoftBank (TYO:9984) Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as the tech giant benefitted from higher…
Japan stocks lower at close of trade; Nikkei 225 down 0.48%
Investing.com – Japan stocks were lower after the close on Tuesday, as losses in the Transportation Equipment, Shipbuilding and Trading sectors led shares lower. At the close in Tokyo, the…
Softbank Group Q2 profit beats expectations on IPOs, yen strength
Investing.com– Japanese technology conglomerate SoftBank Group Corp. (TYO:9984) clocked a stronger-than-expected quarterly profit on Tuesday, aided by the successful listing of some of its portfolio stocks and by resilience in…
Brazil’s BTG Pactual reports 15% jump in quarterly adjusted net income
(Reuters) – Brazil’s Banco BTG Pactual (BVMF:BPAC3)’s third-quarter adjusted net income jumped 15% from the same period last year supported by higher revenues and improved operational leverage. Adjusted net income…
Post election market rally could stall on profit taking, Citi says
Investing.com — Near-term profit-taking could limit further upside for the post-election equities rally, according to Citi strategists. The last week’s US election outcome led to increased investor optimism, sending the…
AstraZeneca lifts 2024 outlook after Q3 beat, doubles down on U.S. investments
By Maggie Fick and Yadarisa Shabong (Reuters) -Drugmaker AstraZeneca (NASDAQ:AZN) lifted its annual sales and profit forecast for the second time this year on Tuesday, helped by strong demand for…
Bayer shares plunge on weak Q3, guidance cut
Investing.com — Shares of Bayer (ETR:BAYGN) fell over 11% on Tuesday following disappointing Q3 results and a reduction in the company’s EBITDA guidance for the full year. Bayer reported a…
Expect strong Nvidia results to keep the stock moving higher: UBS
Investing.com — UBS analysts said they remain bullish ahead of Nvidia’s earnings report next week, expecting the AI darling to deliver strong results and guidance that could keep the stock…