December 10, 2024 – Best Day Investing – Investing and Stock News

GameStop reports fall in third-quarter revenue as consumers curb spending

(Refiles to remove extraneous words in paragraph 2) (Reuters) – Videogame retailer GameStop (NYSE:GME) reported a fall in third-quarter revenue on Tuesday, hit by a continued slump in spending at…

December 10, 2024

Stock

Global shares fall, dollar climbs ahead of inflation report

By Chris Prentice, Pete Schroeder NEW YORK (Reuters) -Global equities retreated and the dollar rose on Tuesday as investors awaited fresh inflation data and further economic news later in the…

December 10, 2024

Stock

GM to stop funding development of Cruise robotaxis

By David Shepardson (Reuters) -General Motors said on Tuesday it will stop funding development of robotaxis at its majority-owned Cruise business, a blow to the automaker that had made the…

December 10, 2024

Stock

PNC says banks with core retail deposits could be M&A targets

By Saeed Azhar, Pritam Biswas (Reuters) -PNC Financial Services Group would look at banks with core retail deposits in the right markets for mergers and acquisitions but would avoid lenders…

December 10, 2024

Stock

US court blocks Kroger’s $25-billion acquisition of grocery rival Albertsons

(Reuters) -A U.S. judge blocked the pending $25-billion merger of U.S. grocery chains Kroger (NYSE:KR) and Albertsons (NYSE:ACI) on Tuesday, a win for the Federal Trade Commission that Kroger has…

December 10, 2024

Stock

Adidas headquarters raided in years-long tax investigation, company says

(Reuters) -Authorities raided Adidas AG (ETR:ADSGN) headquarters in Germany as part of a years-long tax investigation, a spokesperson from the company said on Tuesday. Adidas (OTC:ADDYY) said in a statement…

December 10, 2024

Stock

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.35%

Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Basic Materials, Utilities and Oil & Gas sectors led shares lower. At the close in…

December 10, 2024

Stock

Mexico stocks lower at close of trade; S&P/BMV IPC down 1.44%

Investing.com – Mexico stocks were lower after the close on Tuesday, as losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors led shares lower. At the close…

December 10, 2024

Stock

Colombia stocks higher at close of trade; COLCAP up 0.33%

Investing.com – Colombia stocks were higher after the close on Tuesday, as gains in the Industrials, Services and Agriculture sectors led shares higher. At the close in Colombia, the COLCAP…

December 10, 2024

Economy

AI safety is hard to steer with science in flux, US official says

By Jeffrey Dastin NEW YORK (Reuters) – Policymakers aiming to recommend safeguards for artificial intelligence are facing a formidable challenge: science that is still evolving. AI developers themselves are grappling…

December 10, 2024