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Muslim Farooque
U.S. Treasury Rates Climb Above 4.00% Following Strong Retail Sales Data in September
U.S. Treasury yields rise after stronger-than-expected retail sales, reflecting optimism about the economy and Fed policy
Oct 17, 2024
Khac Phu Nguyen
Vehicles & Parts
Lucid Group's Stock Nosedives 15% Amid Major Share Offering and Deepening Losses
Saudi Arabia's Public Investment Fund Steps In, But Investors Remain Wary of Lucid's Financial Future
Stocks:
LCID
Oct 17, 2024
Muslim Farooque
Interactive Media
Arista Networks Gains Market Share in Ethernet, Hits Record High as Morgan Stanley Boosts Outlook
Arista Networks gains market share in Ethernet, leading Morgan Stanley to raise its price target to $410
Stocks:
META
ANET
Oct 17, 2024
Khac Phu Nguyen
Software
Uber Eyes Bold $20 Billion Expedia Takeover--A Game-Changing Move for the Travel Industry
Expedia shares surge 7% as Uber explores its biggest acquisition yet, aiming to dominate the travel sector with a 'super app' strategy.
Stocks:
UBER
EXPE
Oct 17, 2024
Khac Phu Nguyen
Hardware
Nokia Shares Plunge 7% Amid Q3 Earnings Report
Despite Market Challenges, Nokia's Profitability and Strategic Moves Show Resilience
Stocks:
NOK
Oct 17, 2024
Muslim Farooque
U.S. Industrial Output Drops 0.3% in September Amid Hurricanes and Strike Disruptions
Industrial output dips 0.3% in September, driven by natural disasters and labor conflicts in the U.S.
Oct 17, 2024
Khac Phu Nguyen
Metals & Mining
Alcoa's Q3 2024 Comeback: Strategic Moves Fuel Profit Surge
Acquisition of Alumina Limited and Key Divestitures Propel Alcoa's Return to Profitability
Stocks:
AA
Oct 17, 2024
Muslim Farooque
Travel & Leisure
Wyndham Expands in India: 40 New Microtel Hotels Set for Emerging Cities by 2031
Wyndham partners with NILE Hospitality to develop 40 Microtel hotels in India, targeting emerging metropolitan areas.
Stocks:
MAR
WH
Oct 17, 2024
Khac Phu Nguyen
Semiconductors
Taiwan Semiconductor's AI Boom Fuels Stock Surge and Investor Confidence
Taiwan Semiconductor reports soaring demand for AI chips, projecting 30% revenue growth in 2024 as capital expenditures rise and U.S. expansion takes shape.
Stocks:
TSM
Oct 17, 2024
Khac Phu Nguyen
Healthcare Plans
Elevance Health Reports Strong Q3 2024 Results Amid Medicaid Challenges
Operating Revenue Grows 5.3% to $44.7 Billion, Adjusted Operating Gain Reaches $2.4 Billion
Stocks:
ELV
Oct 17, 2024
Hardware
Morning Brew: Taiwan Semiconductor's Surge and Retail Sales Boost Market Sentiment
Stocks:
AAPL
AMZN
WMT
TSM
NVDA
Oct 17, 2024
Travel & Leisure
Uber (UBER) Considers Acquisition of Expedia (EXPE) to Diversify Business
Stocks:
EXPE
Oct 17, 2024
Banks
Huntington Bancshares Inc (HBAN) Q3 2024 Earnings: EPS of $0.33 Beats Estimates, Revenue Reaches $1.887 Billion
Net Interest Income and Deposit Growth Drive Performance
Stocks:
HBAN
Oct 17, 2024
Insurance
The Travelers Companies Inc (TRV) Q3 Earnings: EPS of $5.42 Beats Estimates, Revenue Surpasses Expectations at $11.904 Billion
Robust Performance Driven by Underwriting and Investment Income
Stocks:
TRV
Oct 17, 2024
Asset Management
Blackstone Inc (BX) Reports Record $54 Billion Investment in Q3 2024, Declares $0.86 Dividend
Strong Performance Driven by Record Investments and Fund Appreciation
Stocks:
BX
Oct 17, 2024
Industrial Products
Snap-on Inc (SNA) Q3 2024 Earnings: EPS Surpasses Estimates at $4.70, Revenue Falls Short at $1,147 Million
Analyzing Snap-on Inc's Financial Performance and Strategic Positioning
Stocks:
SNA
Oct 17, 2024
Nauman Khan
Capital Markets
Analysts Raise Market Forecasts as Early Earnings Outperform Expectations
Wall Street Analysts Bullish as Tech Drives Stock Market Surge
Stocks:
GS
NFLX
PG
Oct 17, 2024
Insurance
Marsh & McLennan Q3 2024 Earnings: Revenue Hits $5.7 Billion, GAAP EPS at $1.51
Performance Highlights and Strategic Moves
Stocks:
MMC
Oct 17, 2024
Nauman Khan
Vehicles & Parts
Tesla Transfers $760 Million in Bitcoin to Unknown Wallets, Fueling Sale Rumors
Speculation Rises as Tesla Moves Over 11,500 Bitcoin to Anonymous Wallets
Stocks:
TSLA
MSTR
Oct 17, 2024
Banks
Truist Financial Corp (TFC) Q3 2024 Earnings: EPS of $0.99 Beats Estimates, Revenue Hits $5.14 Billion
Truist Financial Corp (TFC) Reports Robust Third Quarter Results, Exceeding Analyst Expectations
Stocks:
TFC
Oct 17, 2024
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