November 2024 – Page 159 – Best Day Investing

Automakers brace for new tariffs, EV changes under Trump presidency

By David Shepardson, Norihiko Shirouzu and Ben Klayman WASHINGTON (Reuters) – Automakers are bracing for President-elect Donald Trump to impose new tariffs on vehicles from Mexico and potentially from other…

November 7, 2024

Stock

Trump Media short sellers hammered by a $420 million loss, S3 says

By Michelle Conlin NEW YORK (Reuters) – Investors betting against Trump Media & Technology Group have lost $420 million since the stock began tracking the election odds of Donald Trump,…

November 7, 2024

Stock

DBS’s third-quarter net profit jumps 15% to record high, announces new share buyback

SINGAPORE (Reuters) -DBS Group, Singapore’s biggest bank, posted a record third-quarter net profit on Thursday, as income growth across its businesses boosted earnings 15% from a year earlier, beating analysts’…

November 7, 2024

Stock

Arm forecasts results in line with expectations and shares drop

By Max A. Cherney, Deborah Mary Sophia SAN FRANCISCO (Reuters) -Chip designer Arm Holdings (NASDAQ:ARM) on Wednesday forecast revenue in line with Wall Street targets, sparking a 4.5% drop in…

November 7, 2024

Stock

Evercore ISI sees S&P 500 at 6,600 by mid-2025

NEW YORK (Reuters) – Evercore ISI on Wednesday forecast the S&P 500 will rise to 6,600 by mid-2025, saying a “decisive and uncontested” win by Donald Trump as U.S. president…

November 7, 2024

Economy

Match forecasts lackluster revenue as Tinder turnaround takes longer

By Jaspreet Singh (Reuters) -Match Group projected fourth-quarter revenue below Wall Street estimates on Wednesday, signaling that a turnaround of its dating apps including Tinder would take longer and sending…

November 7, 2024

Economy

Japan inflation-adjusted wages slip in Sept as price rises offset pay growth

TOKYO (Reuters) – Japan’s inflation-adjusted wages fell for the second straight month in September, government data showed on Thursday, underlining the negative effect of persistently elevated prices on nominal pay.…

November 7, 2024

Economy

South Korea says it will work to minimise any adverse trade impact after US election

SEOUL (Reuters) – South Korea’s finance minister said on Thursday its government would work to minimise any adverse impact expected from changing U.S. trade policies by closely discussing the issue…

November 7, 2024

Economy

Beyond Meat trims upper end of annual revenue forecast on weak faux meat demand

By Anuja Bharat Mistry (Reuters) -Beyond Meat cut the top end of its annual revenue forecast on Wednesday, as cost-conscious consumers reined in spending on its expensive faux meat products…

November 7, 2024

Economy

Take-Two beats quarterly results estimates on healthy gamer spending

By Zaheer Kachwala (Reuters) -Take-Two Interactive Software (ETR:SOWGn) beat Wall Street expectations for second-quarter bookings and profit on Wednesday, boosted by the strong performance of the “Grand Theft Auto” and…

November 7, 2024