November 2024 – Page 30 – Best Day Investing

Tight credit conditions add to case for Fed interest-rate cut

By Ann Saphir (Reuters) – The Federal Reserve has plenty of reasons to deliver a widely expected interest rate cut on Thursday, including a decline in inflation and a cooling…

November 6, 2024

Economy

Markets more confident Fed balance sheet drawdown has room to run

By Michael S. Derby NEW YORK (Reuters) – Financial markets are heading into this week’s Federal Reserve meeting with more clarity over the outlook for the U.S. central bank’s ongoing…

November 6, 2024

Stock

United States renews calls for Italy to scrap its web tax, sources say

By Giuseppe Fonte ROME (Reuters) – The United States has recently renewed calls for Italy to repeal its domestic web tax, people familiar with the matter told Reuters, saying the…

November 6, 2024

Stock

Puma CEO: company ‘well positioned’ to cope with potential tariff increases

(Reuters) – German sportswear maker Puma (OTC:PMMAF) is well positioned to react swiftly to tariff increases, CEO Arne Freundt said on Wednesday, when asked about the potential impact of Donald…

November 6, 2024

Stock

TeamViewer shares drop 10% as Q3 billings misses analyst estimates

Investing.com — Shares of TeamViewer (ETR:TMV) dropped 10% after the company reported its third-quarter results, with billings growth coming in below analyst estimates. The software firm posted a 4% year-on-year…

November 6, 2024

Stock

UniCredit CEO pushes merger credentials as it outperforms Commerzbank

MILAN (Reuters) – UniCredit CEO Andrea Orcel said on Wednesday banks need to be more efficient and profitable and expressed confidence that “people will look at the facts” when weighing…

November 6, 2024

Stock

Vestas, Orsted shares slip as election results suggest Trump close to victory

Investing.com – Shares in Vestas (CSE:VWS), the world’s biggest wind turbine maker, sank in early European trading on Wednesday as the results of the 2024 US presidential election suggested a likely…

November 6, 2024

Stock

Tesla soars as Musk’s Trump bet seen reaping rewards

Investing.com — Tesla (NASDAQ:TSLA) shares rose sharply in early trading as investors reacted to a likely victory for Donald Trump in the US presidential election. The electric vehicle (EV) giant…

November 6, 2024

Stock

Wizz Air loses challenge against EU-approved Romanian aid for TAROM

By Foo Yun Chee and Bart H. Meijer (Reuters) – Budget airline Wizz Air on Wednesday lost its challenge against a capital increase for Romanian rival TAROM funded by Romania…

November 6, 2024

Economy

Hey stupid, it wasn’t just the economy. It was inflation

By Dan Burns (Reuters) – U.S. presidential elections are all about “the economy, stupid”, said Bill Clinton’s strategist James Carville in 1992. And for American voters who cared more about…

November 6, 2024