2024 – Page 135 – Best Day Investing – Investing and Stock News

Elon Musk loses bid to move case over $1 million voter prizes

By Luc Cohen (Reuters) – A U.S. judge on Friday denied Elon Musk’s bid to move a Pennsylvania lawsuit over his $1 million voter prizes to federal court, moving the…

November 3, 2024

Stock

China’s BYD boosts production and hiring amid Q3 growth

BEIJING (Reuters) – China’s electric vehicle giant BYD (SZ:002594) ramped up production by nearly 200,000 units from August to October, while hiring close to 200,000 new employees in car manufacturing…

November 3, 2024

Stock

TGI Friday’s operator files for bankruptcy amid financial woes

By Mrinmay Dey (Reuters) – TGI Fridays, an American casual dining chain, said on Saturday that it has filed for Chapter 11 bankruptcy protection after grappling with prolonged financial challenges…

November 2, 2024

Stock

KKR exploring investment in Thames Water share plan, Sky News reports

(Reuters) -U.S. investment group KKR is in talks with troubled British utility Thames Water and its advisers about participating in a 3 billion pounds ($3.88 billion) share sale which forms…

November 2, 2024

Economy

Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls

By Jonathan Stempel (Reuters) -Warren Buffett and Berkshire Hathaway (NYSE:BRKa) extended their retreat from stocks in the third quarter, slashing their holdings in Apple and boosting cash to a record…

November 2, 2024

Stock

Novartis CEO ‘very confident’ on sales target, doesn’t fear patent cliff – newspaper

ZURICH (Reuters) – Novartis (SIX:NOVN) expects to increase its annual sales by least 5% per year in the coming years, CEO Vas Narasimhan said in an interview on Saturday, with…

November 2, 2024

Stock

US elections and tariff implications on transport stocks

Investing.com — In a note published Tuesday, Bank of America analysts discussed how the outcome of the upcoming US presidential election could affect the transport sector, particularly in the context…

November 2, 2024

Stock

How to navigate potential investment opportunities in China e-commerce sector

Investing.com — In the wake of recent policy shifts and macroeconomic headwinds, Morgan Stanley analysts introduced a Bull-Bear Framework to help investors better navigate potential investment opportunities in China’s e-commerce…

November 2, 2024

Economy

What would it take for the Fed to pause rate cuts? Deutsche Bank weighs in

Investing.com — While recent economic data has shifted market expectations toward the Federal Reserve potentially pausing its rate cuts, conditions for such a move remain stringent, Deutsche Bank strategists said…

November 2, 2024

Economy

What policy outcomes are likely regardless of the US election results?

Investing.com — In a Monday report, investment bank Raymond James delved into potential policy actions that could influence the markets in 2025, irrespective of who wins the upcoming US presidential…

November 2, 2024