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Wed 08 Nov 2023, 06:20PM | GM and Stellantis Invest in EV Magnet Startup Amid Concerns About Reliance on China | General Motors and Stellantis joined other automakers investing a combined $33 million in Niron Magnetics, a startup producing rare earth-free magnets used in electric vehicles, amid concerns about reliance on China for materials. | GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | -0.507796 |
Wed 08 Nov 2023, 06:18PM | Earnings Beats After the Bell: Affirm, Twilio, Disney, MGM | While Disney continues to dig itself out of its hole, Affirm adds to its stellar 2023 so far on a big revenue beat. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -0.306078 |
Wed 08 Nov 2023, 06:18PM | Earnings Beats After the Bell: Affirm, Twilio, Disney, MGM | While Disney continues to dig itself out of its hole, Affirm adds to its stellar 2023 so far on a big revenue beat. | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.140743 |
Wed 08 Nov 2023, 06:08PM | Full House Resorts Inc (FLL) Reports Substantial Growth in Q3 2023 Earnings | Revenue and Adjusted EBITDA Surge as The Temporary by American Place Gains Traction | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.687231 |
Wed 08 Nov 2023, 05:52PM | Emerson Electric Co. (NYSE:EMR) Q4 2023 Earnings Call Transcript | Emerson Electric Co. (NYSE:EMR) Q4 2023 Earnings Call Transcript November 7, 2023 Emerson Electric Co. misses on earnings expectations. Reported EPS is $1.29 EPS, expectations were $1.3. Operator: Good day and welcome to the Emerson Fourth Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will […] | EMR | Emerson Electric Co. | Industrials | Specialty Industrial Machinery | 1.722596 |
Wed 08 Nov 2023, 05:50PM | Why Intuit (INTU) Outpaced the Stock Market Today | Intuit (INTU) closed the most recent trading day at $522.38, moving +1.65% from the previous trading session. | INTU | Intuit Inc. | Technology | Software - Application | -0.30618 |
Wed 08 Nov 2023, 05:48PM | Streaming: 'There has to be consolidation' at some point | Disney (DIS) released its fourth-quarter and full-year earnings for 2023, with revenues up 5 and 7% year-over-year, respectively. Many investors have been watching CEO Bob Iger closely as he laid out many plans for the company moving forward, including hiring new CFO Hugh Johnston and purchasing the remainder of Comcast's (CMCSA) stake in Hulu. Redbird IMI CEO Jeff Zucker recently spoke on the subject of cable TV and streaming, claiming cable TV, for now, is standing tall as more and more media companies move towards streaming. However, with so much competition and platforms to consume content, how long can these services last on their own? Geetha Ranganathan, Bloomberg Intelligence Senior Media Analyst, joins Yahoo Finance to discuss the state of streaming providers and if consumers can expect a consolidation of these services. "It's going to come down to re-bundling, right? The Bundle 2.0, which is going to be this kind of hybrid of the linear TV as well as the streaming services," Ranganathan anticipates. "We already kind of got a little bit of glimpse into that with this new Disney-Charter deal, which is kind of this hybrid deal, not just with their TV network, but also potentially for that ESPN full-blown streaming product that comes out in a couple of years." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.140743 |
Wed 08 Nov 2023, 05:45PM | Walmart (WMT) Stock Drops Despite Market Gains: Important Facts to Note | In the most recent trading session, Walmart (WMT) closed at $164.30, indicating a -0.81% shift from the previous trading day. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.43214 |
Wed 08 Nov 2023, 05:45PM | Avino Reports Q3 2023 Financial Results | VANCOUVER, BC / ACCESSWIRE / November 8, 2023 / Avino Silver & Gold Mines Ltd. (TSX:ASM)(NYSE American:ASM)(FSE:GV6) "Avino" or "the Company") a growing silver producer in Mexico , released today its consolidated financial results for the Company's ... | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.687231 |
Wed 08 Nov 2023, 05:42PM | Google Argues Search Payments Are Necessary to Support Android | (Bloomberg) -- Google insists that the billions of dollars in revenue-share payments it makes to smartphone makers and wireless carriers ensures those companies innovate and support the Android software ecosystem, helping it better compete against Apple Inc.’s iPhone, according to a company executive.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearVIX Notches Its Longest Slide Since October 2015: | GOOG | Alphabet Inc. | Communication Services | Internet Content & Information | -0.18013 |
Wed 08 Nov 2023, 05:42PM | Google Argues Search Payments Are Necessary to Support Android | (Bloomberg) -- Google insists that the billions of dollars in revenue-share payments it makes to smartphone makers and wireless carriers ensures those companies innovate and support the Android software ecosystem, helping it better compete against Apple Inc.’s iPhone, according to a company executive.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearVIX Notches Its Longest Slide Since October 2015: | AAPL | Apple Inc. | Technology | Consumer Electronics | -0.142159 |
Wed 08 Nov 2023, 05:42PM | Google Argues Search Payments Are Necessary to Support Android | (Bloomberg) -- Google insists that the billions of dollars in revenue-share payments it makes to smartphone makers and wireless carriers ensures those companies innovate and support the Android software ecosystem, helping it better compete against Apple Inc.’s iPhone, according to a company executive.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearVIX Notches Its Longest Slide Since October 2015: | GOOGL | Alphabet Inc. | Communication Services | Internet Content & Information | -0.189638 |
Wed 08 Nov 2023, 05:40PM | PEDEVCO Announces Q3 2023 Financial Results and Operations Update | HOUSTON, TX / ACCESSWIRE / November 9, 2023 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial ... | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.687231 |
Wed 08 Nov 2023, 05:37PM | Li Auto Earnings Due As A Threat Not Called Tesla Looms; Polestar Warns | China's Li Auto prepares to report third-quarter earnings early Thursday after setting an EV delivery milestone in that period, while competitive threat grows. Li Auto stock fell Wednesday. Investor concerns have especially increased around competition from Huawei-backed Aito electric vehicles, Deutsche Bank analyst Edison Yu said in a Nov. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -3.655967 |
Wed 08 Nov 2023, 05:30PM | Amazon, One Medical offer health benefit to Prime members | Amazon (AMZN) is offering a new healthcare benefit to Prime members through a partnership with One Medical, which the e-commerce giant acquired earlier this year. Amazon Prime subscribers will now get access to discounted virtual and in-person doctor visits for just $9 a month. Yahoo Finance Health Reporter Anjalee Khemlani breaks down all the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -0.306078 |
Wed 08 Nov 2023, 05:19PM | Meta to require disclosures on AI-use in political ads | Meta (META) announced that political ads running on their social media platforms, Facebook and Instagram, will be required to disclose whether AI was used to create or manipulate their content. If AI was used, Meta will apply a label letting consumers know that AI was involved. Yahoo Finance Tech Editor Dan Howley joins Yahoo Finance to break down the new rule from Meta. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | META | Meta Platforms, Inc. | Communication Services | Internet Content & Information | -0.040634 |
Wed 08 Nov 2023, 05:19PM | Fed Probes Morgan Stanley’s International Wealth-Management Practices | At issue is how the bank vets foreigners and the origins of their money before taking them on as customers. | MS | Morgan Stanley | Financial Services | Capital Markets | -1.394917 |
Wed 08 Nov 2023, 05:16PM | Disney reports sharp profit growth in the fourth quarter and an expansion of its cost-cutting drive | Walt Disney Co. on Wednesday reported sharp profit growth for its fiscal fourth quarter while announcing an expansion of its cost-cutting drive under returning CEO Bob Iger. Disney said its net income jumped 63% to $264 million in the quarter that ended Sept. 30, up from $162 million a year earlier. Its adjusted earnings per share, excluding items largely related to the amortization of Disney's acquisitions of 21st Century Fox's entertainment assets and Hulu, more than doubled to 82 cents in the quarter. | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.254917 |
Wed 08 Nov 2023, 05:15PM | Mosaic (MOS) Q3 2023 Earnings Call Transcript | Your host for today's call is Paul Massoud. Opening comments will be provided by Joc O'Rourke, chief executive officer, followed by a fireside chat and then open Q&A. Bruce Bodine, president; Clint Freeland, executive vice president and chief financial officer; and Jenny Wang, senior vice president, global strategic marketing, will also be available to answer your questions. | VZ | Verizon Communications Inc. | Communication Services | Telecom Services | 0.553996 |
Wed 08 Nov 2023, 05:05PM | Disney Theme Parks Focused on ‘Turbocharging Growth’ | Disney's international segment continues to perform well and better than the domestic side. | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.254917 |
Wed 08 Nov 2023, 05:05PM | Mexco Energy Corporation Reports Financial Results for Six Months | MIDLAND, TX, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE American: MXC) today reported net income for the six months ending September 30, 2023 was $735,047, or $0.34 per diluted share, a decrease of 71% compared to the same six-month period of fiscal 2023. Operating revenues in the first six months of fiscal 2024 decreased 34% to $3,155,029. This decrease resulted from a 26% decrease in the average sales price of oil and a 68% decrease in the average sales price of natural g | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.462448 |
Wed 08 Nov 2023, 05:02PM | Disney Stock Jumps on Solid Earnings. Disney+ Was a Bright Spot. | The company added nearly seven million Disney+ subscribers in the quarter, well ahead of Wall Street estimates. | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.254917 |
Wed 08 Nov 2023, 05:01PM | Disney streaming results show 'encouraging signs': Analyst | The Walt Disney Company (DIS) reported mixed fiscal fourth quarter results. Adjusted earnings per share of $0.82 topped analyst expectations of $0.69, while revenue of $21.24 billion fell slightly short of estimates of $21.43 billion. The entertainment giant also now sees bigger cost savings than it had previously expected, raising its estimate to $7.5 billion from $5.5 billion. The company's main streaming service, Disney+, also added more subscribers than the Street had been anticipating. Third Bridge Group Sector Analyst Jamie Lumley says that the growth in streaming subscribers is a "positive sign," but that its direct-to-consumer losses, though smaller, are nonetheless still losses. Overall, Lumley says the streaming business is showing "encouraging signs," but that "a lot of questions" remain. Watch the video above to hear what Lumley had to say about Disney's parks business. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.254917 |
Wed 08 Nov 2023, 04:59PM | Eli Lilly Stock Jumps on Obesity Drug’s FDA Approval | The Food and Drug Administration on Wednesday approved a hotly anticipated Eli Lilly obesity treatment, cracking the lid on what is widely expected to be one of the top-selling medicines in history. The Lilly drug, which will be marketed as an obesity treatment under the name Zepbound, is already sold as a diabetes treatment under the name Mounjaro. It will compete directly with Novo Nordisk (ticker: NVO) obesity drug Wegovy. | LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | -3.731126 |
Wed 08 Nov 2023, 04:58PM | Li Auto Earnings Due, Polestar Trims Guidance — As A Threat Not Called Tesla Looms | China's Li Auto prepares to report third-quarter earnings early Thursday after setting an EV delivery milestone in that period, while competitive threat grows. Li Auto stock fell Wednesday. Investor concerns have especially increased around competition from Huawei-backed Aito electric vehicles, Deutsche Bank analyst Edison Yu said in a Nov. 1 note to clients. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -3.58651 |
Wed 08 Nov 2023, 04:58PM | Dow Jones Futures: Nasdaq Won't Go Down, Nvidia Flashes Buy Signal; 7 Earnings Movers Late | The Nasdaq extended its win streak to nine sessions. Nvidia is in a buy area, but is lacking this. AppLovin, Affirm led big earnings winners late. | NVDA | NVIDIA Corporation | Technology | Semiconductors | 2.042371 |
Wed 08 Nov 2023, 04:50PM | Envela Reports Third Quarter 2023 Financial Results | DALLAS, TX / ACCESSWIRE / November 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today reported financial results for its third quarter ended September 30, 2023. The Company posted revenue for the third quarter of $36.3 ... | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.462448 |
Wed 08 Nov 2023, 04:40PM | Disney Stock Rises On Earnings, Dow Giant Lifts Cost-Cutting Goal To $7.5 Billion; Rival Dives On Results | Dow Jones media giant Disney beat earnings and streaming forecasts for Q4 results, gets more aggressive on cost cuts. | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.254917 |
Wed 08 Nov 2023, 04:32PM | Disney earnings top forecast as ESPN-lead sports division sees solid gains; stock leaps | Disney add more subscribers, while squeezing more profits from its Parks division, as the media and entertainment giant looks to grow cash flows 'significantly' in the coming year. | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.254917 |
Wed 08 Nov 2023, 04:30PM | FOX CORPORATION NAMES ADAM CIONGOLI CHIEF LEGAL AND POLICY OFFICER | Lachlan Murdoch, Executive Chair and Chief Executive Officer of Fox Corporation (Nasdaq: FOXA, FOX), today announced that Adam Ciongoli has been appointed Chief Legal and Policy Officer for Fox Corporation beginning December 1. Ciongoli, who currently serves as Executive Vice President, General Counsel and Chief Sustainability, Corporate Responsibility and Governance Officer for Campbell Soup Company, will report to Murdoch. | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.254917 |
Wed 08 Nov 2023, 04:28PM | Eli Lilly Wins FDA Nod for Obesity Drug That Rivals Wegovy, Ozempic | (Bloomberg) -- Eli Lilly & Co. won US approval for its diabetes drug to treat obesity, unlocking blockbuster sales potential and sparking a battle for dominance of a market that’s expected to hit $100 billion by 2030.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearVIX Notches Its Longest Slide Since October 2015: Markets WrapVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsX | LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | -2.660999 |
Wed 08 Nov 2023, 04:28PM | What is causing the slowdown in EV demand? | The electric vehicle craze is cooling off as demand for EVs slows. Major EV makers like Tesla (TSLA), General Motors (GM), and Lucid (LCID) have all felt the effects of this demand drop. RBC Global Autos Lead Equity Analyst Tom Narayan attributes the EV demand decline to affordability and consumer education issues, believing "it's probably not going to go away anytime soon." Narayan states that for demand to rebound, pricing needs to fall to a point that's affordable for both automakers and consumers in today's high-interest rate environment. He also notes consumers need more education on how EVs actually operate, as many lack understanding of the product and improved consumer literacy on EVs could help stimulate sales. "It's a lot of education," Narayan tells Yahoo Finance, adding: "Your neighbor needs to get an EV and then you see it and figure out that you want one as well." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | -0.705881 |
Wed 08 Nov 2023, 04:28PM | What is causing the slowdown in EV demand? | The electric vehicle craze is cooling off as demand for EVs slows. Major EV makers like Tesla (TSLA), General Motors (GM), and Lucid (LCID) have all felt the effects of this demand drop. RBC Global Autos Lead Equity Analyst Tom Narayan attributes the EV demand decline to affordability and consumer education issues, believing "it's probably not going to go away anytime soon." Narayan states that for demand to rebound, pricing needs to fall to a point that's affordable for both automakers and consumers in today's high-interest rate environment. He also notes consumers need more education on how EVs actually operate, as many lack understanding of the product and improved consumer literacy on EVs could help stimulate sales. "It's a lot of education," Narayan tells Yahoo Finance, adding: "Your neighbor needs to get an EV and then you see it and figure out that you want one as well." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -3.154512 |
Wed 08 Nov 2023, 04:25PM | Walt Disney Stock Rises After Earnings Beat Wall Street Estimates | Shares of Walt Disney rose in after-hours trading Wednesday after the media and theme-park giant turned in quarterly earnings per share better than Wall Street expected. Read the Journal's [full coverage of the results here]( | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.140743 |
Wed 08 Nov 2023, 04:24PM | Netflix unveils $70 million restoration of historic Hollywood theater | The Egyptian Theatre, a historic movie house that hosted Hollywood's first film premiere a century ago, will re-open to the public this week after a multi-million-dollar restoration by Netflix. Netflix said it spent $70 million to restore the theater, preserving its original Egyptian Revival design in the courtyard and inside the building while adding updated sound and projection equipment. "If you had seen the theater over the last couple of years before we were able to get in and do this work, you'd see it was showing every bit of its 100 years," Netflix Co-CEO Ted Sarandos said in an interview. | NFLX | Netflix, Inc. | Communication Services | Entertainment | 0.789428 |
Wed 08 Nov 2023, 04:22PM | Li Auto Earnings Are Coming. These Matter for Tesla. | Li Auto has the distinction of being one of the only consistently profitable pure-play electric vehicle makers on the planet, along with Tesla and BYD It also operates in China, the world’s largest market for battery electric vehicles. Li Auto (ticker: LI) is slated to release third-quarter results Thursday morning. A year ago in the third quarter of 2022, Li reported a per-share loss of 5 cents from sales of $1.3 billion. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -3.154512 |
Wed 08 Nov 2023, 04:14PM | Jamf (NASDAQ:JAMF) Beats Q3 Sales Targets, Stock Soars | Apple device management company, Jamf (NASDAQ:JAMF) reported Q3 FY2023 results topping analysts' expectations, with revenue up 14.5% year on year to $142.6 million. Revenue guidance for the full year also exceeded analysts' estimates. Turning to EPS, Jamf made a non-GAAP profit of $0.08 per share, improving from its loss of $0.26 per share in the same quarter last year. | AAPL | Apple Inc. | Technology | Consumer Electronics | -0.079327 |
Wed 08 Nov 2023, 04:11PM | Disney tops earnings forecasts as Iger sets 'building' phase | LOS ANGELES (Reuters) -Walt Disney exceeded Wall Street's earnings expectations on Wednesday as higher attendance at its Shanghai and Hong Kong theme parks offset a decline in advertising revenue at television network ABC. Shares of the entertainment company rose 3% in after-hours trading to $87.14, signaling investor confidence in Chief Executive Bob Iger's aggressive cost-cutting, the company's better-than-expected streaming subscriber gains and Iger's declaration that Disney had moved into a "building" phase again. For the fiscal fourth quarter ended Sept. 30, Disney reported adjusted per-share earnings of 82 cents, topping an average forecast of 70 cents, according to LSEG data. | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.140743 |
Wed 08 Nov 2023, 04:11PM | UPDATE 2-Beyond Meat misses quarterly expectations as faux meat demand slides | Beyond Meat missed market expectations for quarterly revenue and posted a wider-than-expected loss on Wednesday, hurt by relentless weakness in demand for plant-based meat. The company, which also supplies its plant-based patties to fast food chains such as McDonald's and Yum! Brands , has been offering steeper discounts, as consumer sentiment about plant-based meat and its health benefits took a beating. | MCD | McDonald's Corporation | Consumer Cyclical | Restaurants | -0.223342 |
Wed 08 Nov 2023, 04:09PM | Disney Tops Profit Estimates, Seeks Extra $2 Billion in Cost Savings | (Bloomberg) -- Walt Disney Co., embroiled in another fight with activist investor Nelson Peltz, posted better-than-expected fourth-quarter earnings and said it will seek an additional $2 billion in cost savings.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearVIX Notches Its Longest Slide Since October 2015: Markets WrapVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsXi to M | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.140743 |
Wed 08 Nov 2023, 04:06PM | Nvidia Stock Triggers A Buy Signal After November Rally — Is It A Buy? | Nvidia, a giant in data centers and gaming, is supercharging investor interest in artificial intelligence. Is Nvidia stock a buy, with earnings due later this month? Nvidia leads in artificial intelligence (AI) chips, but competition is rising. | NVDA | NVIDIA Corporation | Technology | Semiconductors | 1.650159 |
Wed 08 Nov 2023, 04:06PM | Bob Iger pledges to cut another $2bn from Disney’s cost base | Chief executive says entertainment group is moving ‘beyond the period of fixing’ as earnings beat forecasts | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.140743 |
Wed 08 Nov 2023, 04:05PM | Matrix Service Company Reports First Quarter Fiscal 2024 Results | TULSA, Okla., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), through its subsidiaries, is a leading North American industrial engineering, construction, and maintenance contractor headquartered in Tulsa, Oklahoma with offices located throughout the United States and Canada, as well as Sydney, Australia and Seoul, South Korea. Key highlights: Project awards in the quarter of $497.4 million, the highest quarterly award total in five years, resulting in a book-to-bill rati | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.270568 |
Wed 08 Nov 2023, 04:03PM | Here's How Lilly Plans To Unseat Novo As The Weight-Loss Drugs Kingpin | The FDA approved a highly anticipated weight-loss drug from Eli Lilly on Wednesday. Eli Lilly stock popped on the approval news. | LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | -2.660999 |
Wed 08 Nov 2023, 04:01PM | Gilead Tumbles After An Unpredictable Element Drove Its Third-Quarter Beat | Investors hammered GILD stock on Wednesday after Gilead beat third-quarter expectations on the back of its Covid treatment, Veklury. | GILD | Gilead Sciences, Inc. | Healthcare | Drug Manufacturers—General | -2.636106 |
Wed 08 Nov 2023, 04:00PM | Meta Materials to Showcase Wide Area Motion Imagery System at Dubai Air Show | VLEPSIS® technology expected to be the world's first commercially available multi-gigapixel WAMI systemHALIFAX, NS / ACCESSWIRE / November 8, 2023 / Meta Materials Inc. (the "Company" or "META") (Nasdaq:MMAT), an advanced materials and nanotechnology ... | META | Meta Platforms, Inc. | Communication Services | Internet Content & Information | -0.438953 |
Wed 08 Nov 2023, 03:57PM | Short sellers now have EV, renewable energy stocks in sights | Short sellers are now targeting electric vehicle makers — Tesla (TSLA), Rivian (RIVN), Lucid (LCID) — and small-cap renewable energy stocks in new campaigns. Yahoo Finance's Ines Ferre joins the Live show to detail the highest-ranked stocks in the energy and automotive sectors on short sellers' lists. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -3.154512 |
Wed 08 Nov 2023, 03:50PM | Gilead Sciences, Inc. (NASDAQ:GILD) Q3 2023 Earnings Call Transcript | Gilead Sciences, Inc. (NASDAQ:GILD) Q3 2023 Earnings Call Transcript November 7, 2023 Gilead Sciences, Inc. beats earnings expectations. Reported EPS is $2.29, expectations were $1.91. Operator: Hello everyone and welcome to the Third Quarter 2023 Gilead Sciences’ Earnings Conference Call. My name is Nadia and I’ll be coordinating the call today. [Operator Instructions] I will […] | GILD | Gilead Sciences, Inc. | Healthcare | Drug Manufacturers—General | -2.636106 |
Wed 08 Nov 2023, 03:45PM | The S&P 500 Soared 5.9% Last Week -- But These 2 Stocks Absolutely Crushed It | The benchmark S&P 500 index is coming off its best week of 2023, but Amazon and Advanced Micro Devices had it beat. | AMD | Advanced Micro Devices, Inc. | Technology | Semiconductors | 0.507574 |
Wed 08 Nov 2023, 03:45PM | The S&P 500 Soared 5.9% Last Week -- But These 2 Stocks Absolutely Crushed It | The benchmark S&P 500 index is coming off its best week of 2023, but Amazon and Advanced Micro Devices had it beat. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -0.568439 |
Wed 08 Nov 2023, 03:39PM | Bank of America Says This ‘Buy’ Signal Could Trigger an 11% Upswing in S&P 500 Next Year — Here Are 2 Stocks the Banking Giant Likes Right Now | Markets have been highly volatile over the past few months, shifting rapidly between ups and downs. However, Bank of America strategist Savita Subramanian sees a strong ‘Buy’ signal that investors should note. Subramanian is pointing out the Sell Side Indicator, a sentiment gauge with an accurate history of identifying shifts in sentiment on Wall Street. Currently, the indicator is three times closer to ‘Buy’ than ‘Sell,’ a position that suggests a bullish future for equities.” “The SSI has been | BAC | Bank of America Corporation | Financial Services | Banks—Diversified | -0.648605 |
Wed 08 Nov 2023, 03:38PM | 3 EV Stocks With Potential to 10X in the Next Decade | Despite all the negative talk about electric vehicles (EVs) in 2023, Tesla (NASDAQ:TSLA) stock isn’t doing too badly, up 105%, more than double the Nasdaq-100. Yet all anyone seems to be able to talk about is how toxic EV stocks are heading into 2024. The reason for the negativity involves the slowing demand for EVs. “We’re taking immediate steps to enhance the profitability of our EV portfolio and adjust to slowing near-term growth,” Reuters reported GM CEO Mary Barra’s comments to analysts.Inv | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -3.154512 |
Wed 08 Nov 2023, 03:35PM | UPDATE 1-UK's MHRA authorises Lilly's Mounjaro for weight loss | Britain's health regulator on Wednesday authorised Eli Lilly's diabetes drug Mounjaro for weight management and weight loss in the UK, hours after a similar approval in the United States. The Medicines and Healthcare products Regulatory Agency approved the drug for adults aged 18 and over and added that the medicine is to be used together with a reduced-calorie diet and increased physical activity. "We have drawn on advice from the independent Commission on Human Medicines in coming to our decision, and as with all products, will keep the safety of Mounjaro under close review," MHRA Interim Executive Director Julian Beach said. | LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | -2.660999 |
Wed 08 Nov 2023, 03:12PM | Top Stock Reports for Microsoft, NIKE & BP | Today's Research Daily features new research reports on 16 major stocks, including Microsoft Corporation (MSFT), NIKE, Inc. (NKE) and BP p.l.c. (BP). | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -0.420143 |
Wed 08 Nov 2023, 03:12PM | Top Stock Reports for Microsoft, NIKE & BP | Today's Research Daily features new research reports on 16 major stocks, including Microsoft Corporation (MSFT), NIKE, Inc. (NKE) and BP p.l.c. (BP). | NKE | NIKE, Inc. | Consumer Cyclical | Footwear & Accessories | -0.899955 |
Wed 08 Nov 2023, 03:10PM | HNR Acquisition Corp Announces the Filing of a Registration Statement | HOUSTON, TX / ACCESSWIRE / November 8, 2023 / HNR Acquisition Corp (NYSE American:HNRA) (the "Company" or "HNRA") announces that, on November 7, 2023, the Company filed a registration statement on Form S-1 (the "S-1") to register approximately 1.3 ... | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.222716 |
Wed 08 Nov 2023, 03:07PM | Goldman Sachs sees 'less robust' dealmaking in medium term | NEW YORK (Reuters) -Goldman Sachs expects dealmaking activity to stay subdued in the medium term as macroeconomic conditions weigh on private equity transactions, an executive said on Wednesday. "For the medium term, the dealmaking environment will indeed be a little bit less robust," Jim Esposito, co-head of Goldman's global banking and markets division, said in an interview at the Reuters NEXT conference in New York. The private equity industry over the past 18 months to two years has returned a lot less capital to their investors and have found it harder to monetize assets, he said. | GS | The Goldman Sachs Group, Inc. | Financial Services | Capital Markets | -0.472381 |
Wed 08 Nov 2023, 02:53PM | 15 Best American Dividend Stocks To Buy Now | In this article, we discuss 15 best American dividend stocks to buy now. You can skip our detailed analysis of dividend stocks and their previous performance, and go directly to read 5 Best American Dividend Stocks To Buy Now. In the third quarter of this year, the U.S. economy expanded at a rate of 4.9% […] | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.222716 |
Wed 08 Nov 2023, 02:52PM | Musk must take steps to stop Tesla's stock slide, key analyst says | Investor sentiment around Tesla has been thin on the ground in the weeks since the company reported weaker-than-expected earnings Oct. 18. The stock price is now down about 16% from the $263 Tesla hit in the days before it reported results. Chief Executive Elon Musk did little to calm these fears during Tesla's post-earnings conference call. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -2.731898 |
Wed 08 Nov 2023, 02:42PM | Citigroup Fined for Discriminating Against Armenian Americans | The bank will pay $25.9 million in fines and redress to consumers after illegally discriminating against credit card applicants that the bank identified as Armenian American, according to regulators. | C | Citigroup Inc. | Financial Services | Banks—Diversified | 0.047911 |
Wed 08 Nov 2023, 02:42PM | Citigroup Fined for Discriminating Against Armenian Americans | The bank will pay $25.9 million in fines and redress to consumers after illegally discriminating against credit card applicants that the bank identified as Armenian American, according to regulators. | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.222716 |
Wed 08 Nov 2023, 02:37PM | Intel Discloses Arm Holdings Stake of 1.2 Million Shares | Intel disclosed it owned 1,176,470 American depositary receipts of British chip designer Arm Holdings as of Sept. 30. | INTC | Intel Corporation | Technology | Semiconductors | -0.157898 |
Wed 08 Nov 2023, 02:37PM | Intel Discloses Arm Holdings Stake of 1.2 Million Shares | Intel disclosed it owned 1,176,470 American depositary receipts of British chip designer Arm Holdings as of Sept. 30. | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.222716 |
Wed 08 Nov 2023, 02:35PM | Amazon just added a revolutionary new feature to a beloved product | One of the great things about Amazon is that it almost seems to know what you're thinking. Chances are, Amazon is not-so-subtly promoting related products that you'd been meaning to add to your cart for a while now. Amazon is great because it gets to know you on an almost best-friend level. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -0.137445 |
Wed 08 Nov 2023, 02:32PM | PayPal Rival Adyen Tempers Growth Targets to Regain Confidence | (Bloomberg) -- Adyen NV provided a more moderate set of growth targets for the next three years as the Dutch payments processor seeks to manage investor expectations after a recent sales slowdown triggered a selloff.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearVIX Notches Its Longest Slide Since October 2015: Markets WrapVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsXi | PYPL | PayPal Holdings, Inc. | Financial Services | Credit Services | -0.063121 |
Wed 08 Nov 2023, 02:25PM | Disney Stock: Here's What Wall Street Analysts Think Ahead of Earnings | Media and theme-park giant Walt Disney is set to report its latest quarterly financial results [after the closing bell today]( | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.566948 |
Wed 08 Nov 2023, 02:17PM | Airbus Takes Satellite Charge - Airbus follows Boeing's lead as the European company's defense ... | Airbus follows Boeing's lead as the European company's defense and space unit slides to a 3Q loss, weighed down like its U.S. rival by higher costs and provisions on satellite programs. Airbus says these had reached EUR400 million by the end of 3Q. Boeing took a $315 million satellite-driven charge against its 3Q earnings, alongside a slew of others on aircraft programs at its defense unit. | BA | The Boeing Company | Industrials | Aerospace & Defense | 2.381332 |
Wed 08 Nov 2023, 02:11PM | Here's Why 'Magnificent Seven' Stock Microsoft Is A Market Leader | Among the Dow Jones leaders, "Magnificent Seven" stock Microsoft is approaching a new buy point. Here's why MSFT stock is a market leader. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -0.17675 |
Wed 08 Nov 2023, 02:06PM | Apple wants a bigger slice of the $183 billion gaming market | Apple is making a concerted effort to push into the gaming market, even dedicating a portion of its latest live product unveiling to highlight its Macs' gaming chops. | AAPL | Apple Inc. | Technology | Consumer Electronics | 0.406842 |
Wed 08 Nov 2023, 01:53PM | Disney Shares Fall Ahead of Earnings | Walt Disney shares dipped ahead of the entertainment company's latest earnings report. Disney shares are down 3.2% in 2023, and 58% from their March 8, 2021 closing high of $201.91, according to Dow Jones Market Data. | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.566948 |
Wed 08 Nov 2023, 01:48PM | Amazon cuts jobs in music streaming unit | (Reuters) -Amazon.com has begun cutting jobs in its Music division, the company said on Wednesday, confirming the latest of several rounds of layoffs over the past year that have affected more than 27,000 employees of the retail giant. An Amazon spokesperson confirmed the layoff after being contacted by Reuters. No mass layoff filings had recently been made in Washington state, where Amazon is based, California or New York, among the largest employee centers for the company, according to a review of Worker Adjustment and Retraining Notification sites. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | 0.109517 |
Wed 08 Nov 2023, 01:44PM | Dow futures tick lower, Disney up 2.9% after earnings | Investing.com - US stock futures were trading lower during Wednesday's evening deals, after a mixed session among major benchmark averages as investors closely monitored a slew of Federal Reserve speeches. | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.566948 |
Wed 08 Nov 2023, 01:36PM | How Cisco's AI security offerings could make it stand out | Cisco (CSCO) unveiled new security suite at its annual partner summit. Cisco Chairman and CEO Chuck Robbins joined Yahoo Finance's Brian Sozzi to shed more light on Cisco’s big announcement and why investors should keep an eye on the roll out. Robbins says the company's new AI-powered security offerings will center on “user, cloud, and breach, adding that the company's acquisition of Splunk (SPLK) will be “a big play” for the company in security. A study from Cisco found that many companies are not ready for AI. Robbins sees this rollout as “an opportunity to help” to help those businesses, noting that customers are still “digesting” this move to generative AI. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | CSCO | Cisco Systems, Inc. | Technology | Communication Equipment | -1.172686 |
Wed 08 Nov 2023, 01:17PM | Amazon Eliminates Jobs in Music Division in New Round of Cuts | (Bloomberg) -- Amazon.com Inc. is cutting jobs in its music division, which encompasses the retail giant’s audio streaming platform and digital storefront for songs, as Chief Executive Officer Andy Jassy continues to reduce expenses throughout the company.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearVIX Notches Its Longest Slide Since October 2015: Markets WrapVirginia Democrats Fend Off Repub | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -0.067006 |
Wed 08 Nov 2023, 01:16PM | Jacobs (J) Secures $53M PMR Framework Contract From EDF | Jacobs (J) to oversee operations of EDF Nuclear Generation's AGR stations and manage Sizewell B reactor's life extension. | MDLZ | Mondelez International, Inc. | Consumer Defensive | Confectioners | 0.007228 |
Wed 08 Nov 2023, 01:01PM | Google is launching generative AI search 100 additional countries, as AI wars continue | Google is expanding its AI-powered search engine to more than 120 countries. | GOOG | Alphabet Inc. | Communication Services | Internet Content & Information | 0.108616 |
Wed 08 Nov 2023, 01:01PM | Google is launching generative AI search in 100 additional countries as AI wars continue | Google is expanding its AI-powered search engine to more than 120 countries. | GOOGL | Alphabet Inc. | Communication Services | Internet Content & Information | 0.076062 |
Wed 08 Nov 2023, 01:01PM | Google is launching generative AI search 100 additional countries, as AI wars continue | Google is expanding its AI-powered search engine to more than 120 countries. | GOOGL | Alphabet Inc. | Communication Services | Internet Content & Information | 0.076062 |
Wed 08 Nov 2023, 01:01PM | Google is launching generative AI search in 100 additional countries as AI wars continue | Google is expanding its AI-powered search engine to more than 120 countries. | GOOG | Alphabet Inc. | Communication Services | Internet Content & Information | 0.108616 |
Wed 08 Nov 2023, 12:50PM | Disney earnings on deck: CEO Iger deals with array of sector challenges | Disney CEO Bob Iger, who faces activist challenges, a changing media landscape and myriad deal options, will have a lot to explain to investors after tonight's Q4 report. | DIS | The Walt Disney Company | Communication Services | Entertainment | 7.254917 |
Wed 08 Nov 2023, 12:40PM | UPDATE 4-Lilly weight-loss drug gets green light from US, UK | U.S. and UK regulators both gave the thumbs up to Eli Lilly's weight-loss treatment on Wednesday, paving the way for a powerful new rival to Novo Nordisk's Wegovy in addressing record obesity rates. The two drugs are the most effective treatments for weight loss approved to date, and will compete in a global market estimated to be worth $100 billion by the end of the decade. Novo's drugs have helped patients lose significant amounts of weight and altered the landscape for sellers of sugary foods and beverages, as well as healthcare providers with products used to manage obesity-related conditions like diabetes and sleep apnea and makers of devices used for bariatric weight-loss surgeries. | LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | 0.610649 |
Wed 08 Nov 2023, 12:26PM | Exclusive interview: Amazon unveils One Medical benefit for Prime members | Prime member will get a heavily discounted subscription to access One Medical's 24/7 virtual care and in-person primary care. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -0.052904 |
Wed 08 Nov 2023, 12:23PM | Google’s latest move to make Apple open iMessage has powerful precedent | As Google is demonstrating, U.S. tech firms love to use EU tech rules to fight one another. | GOOGL | Alphabet Inc. | Communication Services | Internet Content & Information | 0.396768 |
Wed 08 Nov 2023, 12:23PM | Google’s latest move to make Apple open iMessage has powerful precedent | As Google is demonstrating, U.S. tech firms love to use EU tech rules to fight one another. | AAPL | Apple Inc. | Technology | Consumer Electronics | 0.072056 |
Wed 08 Nov 2023, 12:23PM | Google’s latest move to make Apple open iMessage has powerful precedent | As Google is demonstrating, U.S. tech firms love to use EU tech rules to fight one another. | GOOG | Alphabet Inc. | Communication Services | Internet Content & Information | 0.422831 |
Wed 08 Nov 2023, 12:14PM | Target seeks to toss shareholder lawsuit over Pride backlash | Target asked a Florida judge to dismiss a shareholder lawsuit that alleged the retailer ignored risks of offering LGBTQ-themed merchandise for Pride Month, saying the case has no basis. The U.S. retailer said in court papers filed Tuesday that investor Brian Craig merely disagrees with Target's business decisions, and has no evidence the company misled investors about its approach to social and political risks. "The securities laws protect investors against being defrauded; they are neither vehicles for expressing disapproval, nor do they insure investors against ordinary market losses," Target said. | TGT | Target Corporation | Consumer Defensive | Discount Stores | -2.906527 |
Wed 08 Nov 2023, 12:10PM | Global Business Travel Group, Inc. (NYSE:GBTG) Q3 2023 Earnings Call Transcript | Global Business Travel Group, Inc. (NYSE:GBTG) Q3 2023 Earnings Call Transcript November 7, 2023 Global Business Travel Group, Inc. beats earnings expectations. Reported EPS is $-0.02, expectations were $-0.3. Operator: Good morning. And welcome to the American Express Global Business Travel Third Quarter 2023 Earnings Conference Call. As a reminder, please note today’s call is […] | AXP | American Express Company | Financial Services | Credit Services | 0.31362 |
Wed 08 Nov 2023, 12:05PM | Heard on the Street: The Fruitless Search for the Next Tesla | Electric-vehicle startups hit a red light on the stock market Wednesday after Rivian and Lucid reported mixed third-quarter results on Tuesday afternoon and Fisker delayed its earnings. In late morning trading, Lucid and Fisker were both down 7%. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -1.960915 |
Wed 08 Nov 2023, 12:00PM | Here's How Semiconductor ETFs Are Poised Post Q3 Earnings | A spate of strong earnings reports from well-known players like Intel (INTC), Texas Instruments (TXN), Lam Research (LRCX), Advanced Micro (AMD) and Qualcomm (QCOM) instilled confidence in the sector. | TXN | Texas Instruments Incorporated | Technology | Semiconductors | -0.841598 |
Wed 08 Nov 2023, 12:00PM | Here's How Semiconductor ETFs Are Poised Post Q3 Earnings | A spate of strong earnings reports from well-known players like Intel (INTC), Texas Instruments (TXN), Lam Research (LRCX), Advanced Micro (AMD) and Qualcomm (QCOM) instilled confidence in the sector. | INTC | Intel Corporation | Technology | Semiconductors | -0.472194 |
Wed 08 Nov 2023, 12:00PM | Here's How Semiconductor ETFs Are Poised Post Q3 Earnings | A spate of strong earnings reports from well-known players like Intel (INTC), Texas Instruments (TXN), Lam Research (LRCX), Advanced Micro (AMD) and Qualcomm (QCOM) instilled confidence in the sector. | AMD | Advanced Micro Devices, Inc. | Technology | Semiconductors | 0.365645 |
Wed 08 Nov 2023, 12:00PM | Here's How Semiconductor ETFs Are Poised Post Q3 Earnings | A spate of strong earnings reports from well-known players like Intel (INTC), Texas Instruments (TXN), Lam Research (LRCX), Advanced Micro (AMD) and Qualcomm (QCOM) instilled confidence in the sector. | QCOM | QUALCOMM Incorporated | Technology | Semiconductors | 0.88723 |
Wed 08 Nov 2023, 12:00PM | Verizon partners with African-American & Hispanic Chambers of Commerce in greater Philadelphia area | Partnership aims to advance digital equity in region through $50K Verizon Forward Community Enhancement AwardPHILADELPHIA, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Verizon has announced a $50,000 award to the African-American Chamber of Commerce of PA, NJ & DE (AACC) and the Greater Philadelphia Hispanic Chamber of Commerce (GPHCC) in Philadelphia. The partnership is part of the Verizon Forward Community Enhancement Award, a $1 million national initiative equipping communities with the tools to navigat | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.111234 |
Wed 08 Nov 2023, 12:00PM | Verizon partners with African-American & Hispanic Chambers of Commerce in greater Philadelphia area | Partnership aims to advance digital equity in region through $50K Verizon Forward Community Enhancement AwardPHILADELPHIA, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Verizon has announced a $50,000 award to the African-American Chamber of Commerce of PA, NJ & DE (AACC) and the Greater Philadelphia Hispanic Chamber of Commerce (GPHCC) in Philadelphia. The partnership is part of the Verizon Forward Community Enhancement Award, a $1 million national initiative equipping communities with the tools to navigat | VZ | Verizon Communications Inc. | Communication Services | Telecom Services | 0.203536 |
Wed 08 Nov 2023, 11:54AM | Ford's South Africa unit to invest $281 million in hybrid vehicles | The South African unit of U.S. auto giant Ford said on Wednesday it would invest 5.2 billion rand ($281 million) to produce a hybrid vehicle in the country, as it urged the government to move fast on an electric vehicle policy. Three-quarters of cars produced by South Africa's auto industry, which accounts for 5% of gross domestic product and over 100,000 jobs, are exported, mostly to European countries. But with the UK and Europe banning the sale of new petrol cars from 2035, South Africa's government has warned of an existential threat to the sector, and automakers have sought a government plan to transition to electric vehicles. | F | Ford Motor Company | Consumer Cyclical | Auto Manufacturers | -0.695476 |
Wed 08 Nov 2023, 11:50AM | AI Startup Anthropic to Use Google Chips in Expanded Partnership | (Bloomberg) -- Artificial intelligence startup Anthropic will be one of the first companies to use new chips from Alphabet Inc.’s Google, deepening their partnership after a recent cloud computing agreement. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearVIX Notches Its Longest Slide Since October 2015: Markets WrapVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsXi to Meet | GOOG | Alphabet Inc. | Communication Services | Internet Content & Information | 0.422831 |
Wed 08 Nov 2023, 11:50AM | AI Startup Anthropic to Use Google Chips in Expanded Partnership | (Bloomberg) -- Artificial intelligence startup Anthropic will be one of the first companies to use new chips from Alphabet Inc.’s Google, deepening their partnership after a recent cloud computing agreement. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearVIX Notches Its Longest Slide Since October 2015: Markets WrapVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsXi to Meet | GOOGL | Alphabet Inc. | Communication Services | Internet Content & Information | 0.396768 |
Wed 08 Nov 2023, 11:44AM | BofA CEO Moynihan says US economy headed for soft landing | NEW YORK (Reuters) -Bank of America CEO Brian Moynihan said on Wednesday he expects a soft landing in which the U.S. economy avoids a recession even as consumer spending and commercial borrowing slow. He said consumer spending has slowed to 4% to 4.5% at the bank in October, about half the pace seen earlier this year, while commercial customers are not borrowing as much. For months, Moynihan has cited healthy consumer finances and spending as indications that the U.S. economy could avoid recession. | BAC | Bank of America Corporation | Financial Services | Banks—Diversified | -1.035156 |
Wed 08 Nov 2023, 11:42AM | Goldman Sachs (GS) Plans to Offload GM Credit Card Program | Goldman (GS) plans to offload its General Motors credit card program as it wants to retreat from consumer lending. | GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | -1.631701 |
Wed 08 Nov 2023, 11:42AM | Goldman Sachs (GS) Plans to Offload GM Credit Card Program | Goldman (GS) plans to offload its General Motors credit card program as it wants to retreat from consumer lending. | GS | The Goldman Sachs Group, Inc. | Financial Services | Capital Markets | -0.800548 |