US stocks advanced on Wednesday, buoyed by stronger-than-expected corporate earnings that outweighed renewed concerns over trade tensions with China. The Dow Jones Industrial Average climbed 161 points, or 0.3%. The S&P 500 gained 0.7%, while the Nasdaq Composite advanced 1%. Bank of America shares jumped 4% after reporting third-quarter earnings and revenue that exceeded analyst
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US stocks advanced on Wednesday, buoyed by stronger-than-expected corporate earnings that outweighed renewed concerns over trade tensions with China. The Dow Jones Industrial Average climbed 161 points, or 0.3%. The S&P 500 gained 0.7%, while the Nasdaq Composite advanced 1%. Bank of America shares jumped 4% after reporting third-quarter earnings and revenue that exceeded analyst
11Apple Inc. has refreshed its flagship iPad Pro, Vision Pro headset, and 14-inch MacBook Pro, marking the company’s final round of major product updates before the holiday-shopping season. The new devices, unveiled Wednesday, feature Apple’s latest in-house processor, the M5 chip, offering a notable boost in performance while maintaining the same pricing and overall design
Apple Inc. has refreshed its flagship iPad Pro, Vision Pro headset, and 14-inch MacBook Pro, marking the company’s final round of major product updates before the holiday-shopping season. The new devices, unveiled Wednesday, feature Apple’s latest in-house processor, the M5 chip, offering a notable boost in performance while maintaining the same pricing and overall design
13A consortium that includes BlackRock, Nvidia, Microsoft, and xAI has announced a $40 billion acquisition of Aligned Data Centers, one of the world’s largest data-centre operators. The group aims to create the physical backbone for artificial intelligence by combining investment power with technological expertise to meet the surging demand for computing capacity. The deal, marking
A consortium that includes BlackRock, Nvidia, Microsoft, and xAI has announced a $40 billion acquisition of Aligned Data Centers, one of the world’s largest data-centre operators. The group aims to create the physical backbone for artificial intelligence by combining investment power with technological expertise to meet the surging demand for computing capacity. The deal, marking
18Tesla stock is rebounding on Wednesday after a plunge yesterday due to the growing anxieties around the electric vehicles industries. On Wednesday, Tesla stock was trading over 2% up during press time, as attention shifts to the company’s upcoming Q3 earnings report next week. The technical analysis states that key resistance and support levels are
Tesla stock is rebounding on Wednesday after a plunge yesterday due to the growing anxieties around the electric vehicles industries. On Wednesday, Tesla stock was trading over 2% up during press time, as attention shifts to the company’s upcoming Q3 earnings report next week. The technical analysis states that key resistance and support levels are
14Gold prices breached the $4,200 per ounce mark on Wednesday for the first time as rate cut hopes boosted sentiments. Silver prices on COMEX rose more than 1%, and hovered around the $51 per ounce level. On the other hand, oil prices moved slightly higher on Wednesday due to lower-level buying. Meanwhile, copper prices also
Gold prices breached the $4,200 per ounce mark on Wednesday for the first time as rate cut hopes boosted sentiments. Silver prices on COMEX rose more than 1%, and hovered around the $51 per ounce level. On the other hand, oil prices moved slightly higher on Wednesday due to lower-level buying. Meanwhile, copper prices also
47Sabadell shareholders voted heavily against Banco Bilbao Vizcaya Argentaria’s (BBVA) takeover bid, revealing another level of uncertainty over one of Spain’s highly publicised banking operations. More than 97% of the bank’s client shareholders rejected the offer from BBVA, according to figures published Tuesday by the Catalan bank. Sabadell stated in a filing with the Comisión
Sabadell shareholders voted heavily against Banco Bilbao Vizcaya Argentaria’s (BBVA) takeover bid, revealing another level of uncertainty over one of Spain’s highly publicised banking operations. More than 97% of the bank’s client shareholders rejected the offer from BBVA, according to figures published Tuesday by the Catalan bank. Sabadell stated in a filing with the Comisión
20Japan’s SoftBank Group Corp is planning an initial public offering (IPO) of its digital payments unit PayPay in the United States as soon as December, two people with direct knowledge of the matter said, according to Reuters. The Japanese conglomerate has been speaking to institutional investors since mid-September regarding potential valuations ahead of the highly
Japan’s SoftBank Group Corp is planning an initial public offering (IPO) of its digital payments unit PayPay in the United States as soon as December, two people with direct knowledge of the matter said, according to Reuters. The Japanese conglomerate has been speaking to institutional investors since mid-September regarding potential valuations ahead of the highly
18Shares in French tyre maker Michelin plunged more than 9% on Tuesday after the company sharply cut its full-year profit outlook, citing deteriorating market conditions and a steep fall in North American sales. The stock fell 9.3% to €26.01 in early European trade, heading for its biggest single-day drop since the onset of the pandemic
Shares in French tyre maker Michelin plunged more than 9% on Tuesday after the company sharply cut its full-year profit outlook, citing deteriorating market conditions and a steep fall in North American sales. The stock fell 9.3% to €26.01 in early European trade, heading for its biggest single-day drop since the onset of the pandemic
18The dramatic price increase in the copper market is not as dire as it seems. The copper prices dropped about $500 per ton on Friday after US President Donald Trump threatened to impose additional tariffs of 100% on China, starting next month. “A renewed escalation of the trade conflict would significantly impact both economies and,
The dramatic price increase in the copper market is not as dire as it seems. The copper prices dropped about $500 per ton on Friday after US President Donald Trump threatened to impose additional tariffs of 100% on China, starting next month. “A renewed escalation of the trade conflict would significantly impact both economies and,
18The Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) is having a good year, with inflows rising and its stock jumping to a record high. It peaked at $52.80 on Friday, up sharply from the all-time low of $31.54. This article explores whether the 10% yielding GPIQ ETF is a good buy. What is the GPIQ
The Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) is having a good year, with inflows rising and its stock jumping to a record high. It peaked at $52.80 on Friday, up sharply from the all-time low of $31.54. This article explores whether the 10% yielding GPIQ ETF is a good buy. What is the GPIQ
