November 9, 2024 – Best Day Investing – Investing and Stock News

UMG says Pershing does not have right to require Amsterdam delisting

(Reuters) -Universal Music Group (UMG (AS:UMG)) said on Saturday that billionaire Bill Ackman’s Pershing Square has no right to require the record label to become a U.S.-domiciled company or delist…

November 9, 2024

Economy

BOJ hopes to keep 2% inflation target while monitoring climate shock risks

By Leika Kihara TOKYO (Reuters) – The Bank of Japan (BOJ) hopes to maintain its 2% inflation target even if climate change causes long-term shocks to future price developments, Governor…

November 9, 2024

Economy

Fed’s Kashkari: Both political parties want inflation lower – Fox News

WASHINGTON (Reuters) – Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash between the Fed and President-elect Donald Trump because both major U.S. political…

November 9, 2024

Stock

Here’s how Rosenblatt thinks Trump’s win could impact these internet media stocks

Investing.com – With Donald Trump now set to return to the White House for a second four-year term and Republicans taking hold of at least the Senate, investors are attempting to…

November 9, 2024

Stock

M&A deal activity has accelerated in 2024

Investing.com — Merger and acquisition (M&A) activity in 2024 has surged after a prolonged slump, marking a substantial recovery following a period of low momentum in 2022 and 2023. Analysts…

November 9, 2024

Economy

Oppenheimer’s survey sheds light on the state of ML/Gen AI

Investing.com — Oppenheimer’s recent survey shows trends in the adoption and priorities around machine learning and generative artificial intelligence within the enterprise financial software market. Conducted among 134 enterprise financial…

November 9, 2024

Economy

Firefighters gaining control over devastating wildfire near Los Angeles

By Rich McKay and Daniel Trotta (Reuters) – Firefighters started gaining control on Friday over a stubborn wildfire near Los Angeles that destroyed at least 132 buildings and damaged 88…

November 9, 2024

Stock

Morgan Stanley breaks down the overlap between Walmart, Amazon, Costco memberships

Investing.com — In a recent note to clients, Morgan Stanley analysts delved into the competitive landscape among leading membership-based retailers, focusing on Walmart+, Amazon Prime, and Costco (NASDAQ:COST). According to…

November 9, 2024

Stock

Exclusive-Toyota aims to ramp up China production in a strategy pivot, sources say

By Maki Shiraki TOKYO (Reuters) – Toyota aims to make at least 2.5 million vehicles a year in China by 2030, three people said, an overhaul that will see it…

November 9, 2024

Stock

Is QT a threat to markets?

Investing.com — In a note to clients this week, analysts at Alpine Macro assessed Quantitative Tightening (QT), noting it continues as the Federal Reserve reduces its balance sheet, which has already…

November 9, 2024