December 9, 2024 – Best Day Investing – Investing and Stock News

California law, refinery exit reflect ongoing fuel market challenges, EIA says

By Nicole Jao NEW YORK (Reuters) – Fuelmakers in California could face more headwinds next year as new legislation takes effect and refining margins remain weak, the U.S. Energy Information…

December 9, 2024

Stock

Google says it has cracked a quantum computing challenge with new chip

By Stephen Nellis SANTA BARBARA, California (Reuters) – Google on Monday said that it has overcome a key challenge in quantum computing with a new generation of chip, solving a…

December 9, 2024

Stock

After-hours movers: Oracle, MongoDB, C3 AI, Lilly and more

After-Hours Stock Movers: Oracle (NYSE:ORCL) fell 6% after second quarter results missed estimates on the top and bottom line. Q2 Cloud Infrastructure (IaaS) revenue was $2.4 billion, up 52% in…

December 9, 2024

Stock

C3.ai lifts FY revenue guidance after fiscal Q2 results top estimates

Investing.com — C3.ai on Monday raised its full-year revenue guidance following fiscal second-quarter results that topped Wall Street estimates., C3.ai Inc (NYSE:AI) climbed more than 13% in afterhours trading following…

December 9, 2024

Stock

Oracle misses quarterly results estimates on stiff cloud competition

(Reuters) -Oracle missed Wall Street expectations for second-quarter revenue and adjusted profit on Monday, hit by stiff competition and softer-than expected spending on its database and cloud services as enterprise…

December 9, 2024

Economy

C3.ai lifts annual forecast on strong demand for enterprise AI software

(Reuters) – C3.ai (NYSE:AI) raised its forecast for fiscal year 2025 revenue on Monday, helped by healthy demand for the company’s enterprise artificial intelligence software as companies look for tools…

December 9, 2024

Economy

To help abuse survivors, Biden watchdog launches rulemaking

(Reuters) – The U.S. watchdog for consumer finance on Monday announced the start of the rulemaking process to protect victims of domestic violence and elder abuse, saying those who suffer…

December 9, 2024

Economy

Kinder Morgan forecasts higher profit in 2025

(Reuters) – Kinder Morgan (NYSE:KMI) forecast higher earnings in 2025 on Monday, as the U.S. pipeline operator bets on growth in its natural gas pipelines and energy transition ventures amid…

December 9, 2024

Economy

Colombia’s interior minister says proposed $2.73 billion fiscal reform not viable

BOGOTA (Reuters) – Colombia’s Interior Minister Juan Fernando Cristo on Monday said the government’s proposed 12 trillion peso ($2.73 billion) fiscal reform was “not viable,” but added that a smaller…

December 9, 2024

Stock

DJI could be banned from launching new products in US under proposed bill

WASHINGTON (Reuters) – China-based DJI could be banned from launching new drones in the United States market under an annual military bill set to be voted on later this week…

December 9, 2024