October 2024 – Page 69 – Best Day Investing

Truist upgrades Nike stock to Buy, says new management can reignite interest

Investing.com — Analysts at Truist Securities have upgraded Nike (NYSE:NKE) stock to Buy, a move driven by optimism around recent leadership changes. The price target has also been raised to…

October 10, 2024

Stock

UAW chief slams Trump over threat to revoke EV investments

By Andrea Shalal WASHINGTON (Reuters) – United Auto Workers President Shawn Fain on Thursday said hundreds of thousands of U.S. jobs were at stake if former President Donald Trump won…

October 10, 2024

Stock

Cirrus Logic and Skyworks cut at Barclays as ‘handset expectations out of touch’

Investing.com — Barclays downgraded Cirrus Logic (NASDAQ:CRUS) to Equal Weight and Skyworks Solutions (NASDAQ:SWKS) to Underweight on Thursday, saying that handset expectations appear overly optimistic for the coming year. The…

October 10, 2024

Stock

Google’s Nobel prize winners stir debate over AI research

By Martin Coulter LONDON (Reuters) – The award this week of Nobel prizes in chemistry and physics to a small number of artificial intelligence pioneers affiliated with Google (NASDAQ:GOOGL) has…

October 10, 2024

Economy

Hurricane Milton kills four, destroys homes in Florida, but worst scenario avoided

By Leonara LaPeter Anton and Brad Brooks ST. PETERSBURG, Florida (Reuters) – Hurricane Milton marched across Florida on Thursday, whipping up tornadoes, destroying homes and knocking out power to millions…

October 10, 2024

Economy

S&P 500 earnings to put investor focus on tech, AI

By Caroline Valetkevitch NEW YORK (Reuters) – Investors will be looking for evidence that investment in artificial intelligence among S&P 500 companies is beginning to pay off as the reporting…

October 10, 2024

Economy

Global trade could climb 3% in 2025 if MidEast conflicts contained, WTO says

GENEVA (Reuters) – The World Trade Organization on Thursday nudged up its forecast for global trade volumes this year and said a further pick up to 3% growth was likely…

October 10, 2024

Economy

Israel cenbank questions whether rates restrictive enough to curb inflation, deputy governor says

By Steven Scheer JERUSALEM (Reuters) – Bank of Israel policymakers will be watching inflation data and whether the 2025 budget plans to continue a “very expansionary” fiscal policy to help…

October 10, 2024

Stock

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.56%

Investing.com – Saudi Arabia stocks were higher after the close on Thursday, as gains in the Building & Construction, Industrial Investment and Hotels & Tourism sectors led shares higher. At…

October 10, 2024

Stock

2025 IT Services growth likely to be consistent with 2024 levels: Morgan Stanley

Investing.com — Morgan Stanley recently conducted its CIO survey, providing insights into IT services growth expectations for 2025. The bank said in a note Thursday that the survey predicts a…

October 10, 2024