November 2024 – Page 126 – Best Day Investing

5 Wall Street analysts discuss Apple stock outlook after a mixed earnings report

Investing.com — Apple (NASDAQ:AAPL)’s recent quarterly earnings report yielded mixed results, prompting varying outlooks from analysts on Wall Street. While iPhone sales and gross margins exceeded expectations, Apple’s softer guidance…

November 1, 2024

Stock

Exxon Mobil climbs on above-consensus Q3 earnings; revenue misses estimates

Investing.com — Exxon Mobil (NYSE:XOM) reported earnings for the third quarter that beat analyst estimates, while revenue fell short of expectations. The energy giant delivered Q3 earnings per share (EPS)…

November 1, 2024

Stock

Earnings call: Silicon Motion reports robust Q3 growth, eyes future expansion

In the third quarter of 2024, Silicon Motion (NASDAQ:SIMO) Technology Corporation (SIMO), a leading player in NAND flash controllers, reported a significant 60% year-over-year growth in revenue, reaching $212.4 million.…

November 1, 2024

Economy

Fed seen on course for rate cuts after weak jobs data

By Ann Saphir (Reuters) – Any doubts the Federal Reserve will go ahead with an interest-rate cut next week fell away on Friday after a government report showed U.S. employers…

November 1, 2024

Economy

China eases rules for foreign investment in listed companies

BEIJING (Reuters) – China issued revised regulations on Friday for foreign investors in its listed companies, expanding eligibility criteria and easing financial requirements in a bid to attract more foreign…

November 1, 2024

Economy

Weak US Oct payrolls growth skewed by storms, strikes

(Reuters) -U.S. job growth slowed sharply in October amid disruptions from hurricanes and strikes by aerospace factory workers, but the unemployment rate held steady at 4.1%, offering assurance that the…

November 1, 2024

Economy

UK gilt market faces worst week in months as budget rattles investors

By Yoruk Bahceli, Amanda Cooper and Harry Robertson LONDON (Reuters) -Short-term British government borrowing costs headed for their biggest weekly jump in over a year on Friday, while the pound…

November 1, 2024

Stock

Cboe’s quarterly profit rises on strong hedging activity

(Reuters) – Cboe Global Markets (NYSE:CBOE) reported a rise in third-quarter profit on Friday, driven by strong options trading as investors actively hedged against geopolitical and economic uncertainties. A robust…

November 1, 2024

Stock

Anything other than a Trump win ‘could see these trades suffer some volatility’

Investing.com — Barclays analysts suggested in a note Friday that while markets have largely priced in a Trump victory, uncertainty remains high due to close polling results. According to Barclays, “betting…

November 1, 2024

Stock

Abbott and Reckitt unit secure win in infant formula trial

By Brendan Pierson (Reuters) -Abbott and Reckitt’s unit Mead Johnson are not responsible for a young boy’s debilitating intestinal disease, a jury found on Thursday in a lawsuit that accused…

November 1, 2024