December 4, 2024 – Best Day Investing – Investing and Stock News

Intel’s interim co-CEO Zinsner says new chief executive will have foundry experience

(Reuters) – Intel (NASDAQ:INTC) will have a CEO with manufacturing expertise as well as experience in the product side of the business, interim co-CEO David Zinsner said at the UBS…

December 4, 2024

Stock

SentinelOne down 11% after Q3 profit miss

Investing.com — SentinelOne Inc (NYSE:S) shares dropped 11% in extended trading after the cybersecurity firm missed Wall Street’s profit estimates for the third quarter. For the quarter ended October 31,…

December 4, 2024

Stock

PVH lowers top-end of full-year EPS guidance range after Q3 results top estimates

Investing.com — PVH Corp posted third-quarter results Wednesday that topped Wall Street estimates, but the apparel retailer lowered the high end of its full-year earnings guidance range amid a hit…

December 4, 2024

Stock

Stocks gain, dollar steady; Wall Street shrugs off global political turmoil

By Lawrence Delevingne (Reuters) -A U.S. tech stock rally and expectations of lower interest rates boosted global shares while the euro and dollar were steady on Wednesday despite political turmoil…

December 4, 2024

Economy

Mexico’s Elektra shares deepen losses, Moody’s flags ‘reputational risks’

MEXICO CITY (Reuters) -Shares in Mexican retailer Grupo Elektra (BMV:ELEKTRA) deepened their losses on Wednesday, in a third day of volatile trades after the local stock exchange lifted a suspension…

December 4, 2024

Economy

American Eagle Outfitters lowers sales target on muted holiday expectations

(Reuters) -American Eagle Outfitters cut its target for annual comparable sales growth on Wednesday, in signs that apparel demand could be erratic during the holiday shopping season, sending its shares…

December 4, 2024

Economy

Trump taps former aide to work on Musk-led government efficiency plan

By David Shepardson WASHINGTON (Reuters) – President-elect Donald Trump on Wednesday named a former White House aide to serve as counsel to an effort co-led by Elon Musk to slash…

December 4, 2024

Economy

Economic outlook rises, but concerns tariffs could reignite inflation emerge: Fed

Investing.com – The outlook for economic growth picked up in recent weeks amid expectations for the labor market to remain steady over the next year, but concerns that potential tariffs…

December 4, 2024

Economy

US Fed’s Powell does not see Trump installing ‘shadow’ chair

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday he is not worried the incoming administration will undermine him as U.S. central bank…

December 4, 2024

Stock

Air Canada to introduce carry-on fees for some passengers, Ottawa unhappy

(Reuters) – Air Canada (TSX:AC) said on Wednesday it would start charging for bigger carry-on bags from passengers opting for its lowest-priced basic fare for North American routes starting on…

December 4, 2024