November 2024 – Page 4 – Best Day Investing

US sides with Argentina in dispute over $16 billion YPF judgment

By Jonathan Stempel NEW YORK (Reuters) – The U.S. government sided with Argentina in urging a federal judge not to force the cash-strapped country to give up its 51% stake…

November 7, 2024

Economy

Australia’s NAB annual profit dips, signals inflation risks under Trump

By Byron Kaye and Roushni Nair SYDNEY (Reuters) -National Australia Bank said annual profit fell in line with forecasts as it shied from margin-crushing competition, and there was a risk…

November 7, 2024

Stock

Ormat earnings beat by $0.02, revenue fell short of estimates

Investing.com – Ormat (NYSE: ORA) reported third quarter EPS of $0.36, $0.02 better than the analyst estimate of $0.34. Revenue for the quarter came in at $211.8M versus the consensus…

November 7, 2024

Stock

US stock futures steady after Trump victory spurs record highs; Fed in focus

Investing.com– U.S. stock index futures steadied in evening deals on Wednesday after Wall Street surged to record highs on Donald Trump winning the 2024 presidential election, with focus now shifting…

November 7, 2024

Economy

China says it respects America’s choice, congratulates Trump

HONG KONG (Reuters) – China expressed respect for the U.S. election result and congratulated Donald Trump on his victory while an official newspaper called for a “pragmatic” approach to China-U.S.…

November 7, 2024

Economy

Firm dollar keeps peers on back foot ahead of BOE, Fed decisions

By Brigid Riley TOKYO (Reuters) – The dollar hovered off a four-month high on Thursday as the market continued to digest Republican Donald Trump’s win in the U.S. presidential election,…

November 7, 2024

Economy

Morning Bid: Bracing for higher US yields, dollar, inflation

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors in Asia wake up on Thursday to a global market landscape redrawn by Donald Trump’s…

November 7, 2024

Economy

Bank of England readies new rate cut as budget hangs over outlook

By Andy Bruce LONDON (Reuters) – The Bank of England is likely to cut interest rates on Thursday for only the second time since 2020 but the big question for…

November 7, 2024

Economy

Qualcomm chip sales to Chinese smartphone makers fuel strong results

By Stephen Nellis and Arsheeya Bajwa (Reuters) – Chip designer Qualcomm (NASDAQ:QCOM) on Wednesday forecast sales and profit in the current quarter would exceed Wall Street estimates as the company…

November 7, 2024

Stock

GlobalFoundries’ poised to get final Chips Act award, source says

By David Shepardson, Karen Freifeld and Alexandra Alper WASHINGTON (Reuters) -GlobalFoundries and at least two other chipmakers are poised to receive their final Chips and Science Act awards from the…

November 7, 2024