News

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04 Nov 2024 21:19

Illumina Earnings Beat Expectations at $0.26, While Profits Meet Projections

Daily News

According to Illumina's (NASDAQ: ILMN) report, the earnings per share for the third quarter is $1.14, which is $0.26 better than analysts' expectations of $0.88. ...

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04 Nov 2024 21:18

Diamondback Energy Shares Drop Nearly 5% Despite Exceeding Revenue Expectations, Third Quarter Earnings Fall Short of Forecasts

Daily News

MIDLAND, Texas - Diamondback Energy, Inc. (NASDAQ: FANG) reported third-quarter earnings that fell short of analysts' expectations. This led to a 4.5% drop in the...

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04 Nov 2024 21:15

NXP Earnings Beat Expectations at $0.02, While Profits Meet Forecasts

Daily News

According to the report from NXP (NASDAQ: NXPI), the earnings per share for the third quarter was $3.45, exceeding analysts' expectations of $3.43 by $0.02. The r...

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04 Nov 2024 21:15

Sanmina Exceeds Q4 Forecasts, Q1 Revenue Outlook Aligned with Predictions

Daily News

SAN JOSE, California - Sanmina Corporation (NASDAQ:SANM) reported fourth-quarter earnings that exceeded analyst expectations, alongside revenue growth across most...

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04 Nov 2024 21:13

Altice USA Shares Drop 6% Amid Weak Q3 Results and Revenue Decline

Daily News

NEW YORK - Broadband and video service provider Altice USA (NYSE:ATUS) shares fell 6.6% following disappointing third-quarter results, a revenue decline, and an u...

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04 Nov 2024 21:13

Vertex Pharma Boosts 2024 Revenue Forecast on KF Drug Sales

Daily News

Vertex Pharmaceuticals Inc. has updated its annual revenue forecast, expecting product revenues for 2024 to be between $10.8 billion and $10.9 billion. This revis...

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04 Nov 2024 20:51

US Elections May Impact China's Currency and Stocks

Daily News

As the U.S. elections approach, investors are closely monitoring the potential impact of the elections on China's financial markets. The Chinese yuan and stock ma...

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04 Nov 2024 20:46

Silver Lake and Bain Seek Stake in Intel's Altera Unit

Daily News

Private equity firms Silver Lake and Bain Capital are preparing to make bids for a minority stake in Altera, Intel (NASDAQ:INTC)'s programmable chip division, acc...

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04 Nov 2024 20:20

U.S. Approves $4.9 Billion Aircraft Sale to South Korea

Daily News

The Pentagon announced today that the U.S. Department of State has approved the potential sale of Airborne Early Warning and Control (AEW&C) aircraft to South Kor...

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04 Nov 2024 20:19

Israel Strikes Hezbollah Intelligence Facility Near Damascus

Daily News

The Israeli Air Force recently targeted what it claimed to be an intelligence infrastructure belonging to Hezbollah near the Syrian Arab Republic's capital, Damas...

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04 Nov 2024 19:18

U.S. Companies Are Dismissing CEOs Faster Due to Weak Stock Performance

Daily News

A recently published report indicates that U.S. companies are holding their CEOs more accountable by terminating them more swiftly in response to poor stock perfo...

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04 Nov 2024 19:14

EU Finance Ministers Advocate for Increased Private Investment

Daily News

In a recent meeting, EU finance ministers emphasized the importance of using public funds to promote and increase private investments to meet Europe's green and d...

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04 Nov 2024 18:41

TotalEnergies Anticipates Protection for Trump's Climate Agreement and the IRA

Daily News

The French oil giant TotalEnergies does not expect a reversal in significant climate change legislation in the U.S., even in the event of Donald Trump's re-electi...

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04 Nov 2024 18:40

EU Seeks Viable Agreement on Customs Duties for China's Electric Vehicle Prices

Daily News

In response to the European Union's recent increase in customs duties on Chinese-made electric vehicles (EVs), discussions are ongoing to establish a minimum pric...

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04 Nov 2024 18:39

OPEC+ Decision Boosts Oil Prices Amid U.S. Election Anticipation

Daily News

Oil prices rose by more than 2% today as OPEC+ announced it was delaying its planned production increase, while investors focused on the upcoming U.S. presidentia...

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04 Nov 2024 18:38

Riksbank Expected to Cut Interest Rates to 2.75% Amid Economic Troubles

Daily News

The Swedish central bank, Riksbank, is expected to lower its policy interest rate by 0.50 percentage points to 2.75% at its meeting on Thursday, November 7, as it...

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04 Nov 2024 18:38

U.S. Bond Investors Navigate Cautiously Amid Election Uncertainty

Daily News

As the Federal Reserve's policy meeting this week approaches its conclusion, bond investors are adopting a cautious and neutral stance in portfolio management, sh...

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04 Nov 2024 18:37

Retailers Adapt to Climate with Advanced Weather Analytics

Daily News

Retail giants like Walmart (NYSE:WMT) are increasingly leveraging weather analytics to mitigate the unpredictable effects of weather on consumer shopping habits. ...

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04 Nov 2024 18:32

Crypto Prediction Markets Back Trump Against Harris as Election Approaches

Daily News

In the digital world of cryptocurrency speculation, as the U.S. presidential elections approach, prediction markets favor Donald Trump over Kamala Harris. Crypto-...

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04 Nov 2024 18:28

Franklin Templeton Faces $389 Million Impairment Loss

Daily News

Franklin Resources, operating as Franklin Templeton, reported a loss in the fourth quarter. This loss was primarily attributed to significant impairment losses fr...

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04 Nov 2024 18:28

Tin Prices Rise Amid Supply and Demand Tensions

Daily News

The three-month price of tin, a metal commonly used in soldering, has risen by 27% since the beginning of January, currently trading at $32,250 on the London Meta...

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