November 2024 – Page 32 – Best Day Investing

IMF mission concludes visit to Egypt for the fourth review of loan programme

CAIRO (Reuters) – The International Monetary Fund said on Wednesday that its mission had concluded a visit to Egypt and made substantial progress on policy discussions toward the completion of…

November 21, 2024

Stock

After-hours movers: NVIDIA, Snowflake, Palo Alto Networks and more

After-Hours Stock Movers: NVIDIA (NASDAQ:NVDA) shares declined 2.3% despite reporting third quarter results and guidance that topped consensus estimates. The company’s CEO Jensen Huang said the age of AI is…

November 20, 2024

Stock

Nvidia fourth-quarter revenue estimate fails to impress Wall Street

By Max A. Cherney and Arsheeya Bajwa (Reuters) – Nvidia (NASDAQ:NVDA) forecast fourth-quarter revenue slightly above estimates on Wednesday, but still failed to meet lofty expectations of some investors who…

November 20, 2024

Stock

Archegos’ Bill Hwang sentenced to 18 years in prison for massive US fraud

By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -Former billionaire investor Sung Kook “Bill” Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos…

November 20, 2024

Stock

Snowflake raises annual product revenue forecast, announces AI deal with Anthropic

(Reuters) -Data cloud and analytics provider Snowflake (NYSE:SNOW) on Wednesday raised its annual product revenue forecast and announced a multi-year partnership with AI firm Anthropic, sending its shares surging around…

November 20, 2024

Stock

US charges five in ‘Scattered Spider’ hacking scheme

By Jonathan Stempel (Reuters) – U.S. prosecutors unveiled criminal charges on Wednesday against five alleged members of Scattered Spider, a cybercrime group suspected of hacking into dozens of U.S. companies…

November 20, 2024

Stock

Nvidia Q3 results beat, but guidance underwhelms lofty expectations

Investing.com – Nvidia reported fiscal third-quarter results that topped Wall Street estimates, but its current-quarter guidance underwhelmed lofty investor expectations amid red-hot AI demand. NVIDIA Corporation (NASDAQ:NVDA) shares fell more than…

November 20, 2024

Economy

Billionaire Gautam Adani of India’s Adani Group indicted in US bribery case

NEW YORK (Reuters) -Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, has been indicted in New York over an alleged multibillion-dollar fraud…

November 20, 2024

Economy

Morning Bid: Nvidia beats, but fails to provide spark

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors hoping that Nvidia (NASDAQ:NVDA)’s eagerly-awaited earnings after the U.S. close on Wednesday would inject renewed…

November 20, 2024

Economy

Fed’s Collins sees more rate cuts ahead for US central bank

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Boston President Susan Collins reiterated on Wednesday she believes the U.S. central bank has more interest rate cuts…

November 20, 2024