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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

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

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

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

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

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

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…
Stock

Earnings call: Hancock Whitney reports $116m net income in Q3, NIM expands

October 16, 2024
Hancock Whitney Corporation (NASDAQ:HWC) reported a net income of $116 million, or $1.33 per share, for the third quarter of 2024, marking…
Stock

U.S. Bancorp earnings beat by $0.04, revenue fell short of estimates

October 16, 2024
Investing.com – U.S. Bancorp (NYSE: USB) reported third quarter EPS of $1.03, $0.04 better than the analyst estimate of $0.99. Revenue for…
Stock

Earnings call: Interactive Brokers reports strong Q3 amid favorable market

October 16, 2024
Interactive Brokers Group (NASDAQ: NASDAQ:IBKR) reported robust financial results for the third quarter of 2024, benefiting from a favorable market environment following…
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