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BofA sees biggest jump in investor optimism, growth expectations since 2020

October 16, 2024
Investing.com — Investor sentiment has surged to its highest level since mid-2020, according to Bank of America’s October Global Fund Manager Survey. The…
Stock

European tech, luxury stocks tumble as ASML, LVMH results disappoint

October 16, 2024
By Paolo Laudani and Ankika Biswas (Reuters) – Europe’s tech and luxury stocks slumped on Wednesday after disappointing results from industry heavyweights…
Stock

Abbott bumps up profit forecast on strong medical device sales

October 16, 2024
(Reuters) -Abbott Laboratories slightly lifted its annual profit forecast on Wednesday, after beating Wall Street estimates for quarterly earnings on strong demand…
Stock

Wall Street mixed as megacap tech stocks fall; banks gain

October 16, 2024
By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) -The Dow regained some lost ground on Wednesday although the S&P 500 and the…
Stock

Coinbase stock volatility to rise in coming months, Citi warns

October 16, 2024
Investing.com — Citi analysts cautioned in a note Wednesday that Coinbase (NASDAQ:COIN) stock may experience heightened volatility in the coming weeks, driven by…
Stock

Musk’s SpaceX sues California panel, alleges political bias over rocket launches

October 16, 2024
By Mike Scarcella WASHINGTON (Reuters) -Billionaire Elon Musk’s SpaceX has sued a California commission in federal court, accusing panel members of political…
Stock

U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 1.00%

October 16, 2024
Investing.com – U.K. stocks were higher after the close on Wednesday, as gains in the Mining, Household Goods & Home Construction and…
Stock

Stellantis recalls 54,000 hybrid SUVs worldwide over brake pedal defect

October 16, 2024
WASHINGTON (Reuters) – Carmaker Stellantis (NYSE:STLA) said on Wednesday it is recalling 54,000 hybrid crossover SUVs worldwide because the brake pedal in…
Stock

General Motors to contribute $625 million to new JV with Lithium Americas

October 16, 2024
(Reuters) -Canadian miner Lithium Americas (NYSE:LAC) said on Wednesday General Motors (NYSE:GM) will contribute $625 million to their new joint venture for…
Stock

Klarna agrees to loan portfolio sale deal with Elliott – reports

October 16, 2024
Investing.com — Payments services operator Klarna is selling most of its UK “buy now, pay later (BNPL)” portfolio to hedge fund Elliott Investment…
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