2024 – Page 53 – Best Day Investing – Investing and Stock News

Musk’s X hires former Tubi executive Banki as CFO

(Reuters) -Elon Musk’s X Corp has tapped former Tubi executive Mahmoud Reza Banki as chief financial officer, in one of the social media platform’s biggest hires as its billionaire owner…

November 13, 2024

Economy

Republicans win majority of US House seats in government sweep, Edison projects

By Richard Cowan WASHINGTON (Reuters) – President-elect Donald Trump’s Republican Party will control both houses of Congress when he takes office in January, Edison Research projected on Wednesday, enabling him…

November 13, 2024

Economy

U.S. October budget deficit jumps to $257 billion, handing hole to Trump

WASHINGTON (Reuters) – The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by several one-off factors, the Treasury Department said on Wednesday but starting…

November 13, 2024

Economy

Fed’s Schmid: extent of further rate cuts ‘remains to be seen’

(Reuters) – Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank’s interest-rate cuts to date acknowledge its growing confidence that inflation is headed down,…

November 13, 2024

Stock

EU regulators quiz Novo Nordisk, Catalent rivals on $16.5 billion deal

By Foo Yun Chee and Maggie Fick BRUSSELS/LONDON (Reuters) – EU antitrust regulators have asked pharma rivals and customers for feedback in four business areas in light of Novo Holdings’…

November 13, 2024

Stock

Meta to introduce ads on Threads in early 2025, The Information reports

(Reuters) – Meta Platforms (NASDAQ:META) plans to introduce advertisements to its social media platform Threads early next year, the Information reported on Wednesday, citing three people with direct knowledge of…

November 13, 2024

Stock

AMD to cut 4% of global workforce as it focuses on AI chip development

(Reuters) – Advanced Micro Devices (NASDAQ:AMD) is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to…

November 13, 2024

Stock

Oppenheimer initiates coverage of these 5 storage & infrastructure stocks

Investing.com — Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry. Rubrik was started at Perform, reflecting Oppenheimer’s view…

November 13, 2024

Stock

Invizyne Technologies Opens At $11.10, IPO Priced At $8

Invizyne Technologies (IZTC) Opens At $11.10, IPO Priced At $8 This post appeared first on investing.com

November 13, 2024

Stock

Factbox-US executives weigh risks from proposed Trump tariffs

(Reuters) – Top executives at many U.S. companies are preparing for the impact from President-elect Donald Trump fulfilling his campaign promise of raising tariffs, a move that could disrupt supply…

November 13, 2024