Associated British Foods Set to Report FY2023 Results
AB Foods is set to release its fiscal 2023 results, with sales predicted to reach £20.05 billion. Investors will be interested in Primark's performance, grocery sales growth, and possible shareholder return.
Embraer Reports Profit in Q3
Embraer reports a profitable third quarter with increased net income and sales of commercial jets
Barclays Delays Prediction for Fed Rate Hike to January
Barclays economists have revised their forecast for a Federal Reserve rate hike to January based on disappointing job numbers and downbeat ISM reports.
Telecom Italia Approves $20 Billion Sale of Fixed-line Network
Telecom Italia has approved the sale of its fixed-line network to KKR, valuing the deal at $20 billion. This strategic move aims to reduce the company's mounting debt, but faces criticism from Vivendi. KKR also has a deadline to submit a bi...
Palantir Technologies Inc. Shares Surge to Three-Month High
Palantir Technologies Inc. shares surge 4.0% to three-month high after impressive third-quarter results. Stock reaches highest level since November 2021.
Mixed Performance in Cryptocurrency Market
Large cryptocurrencies experience mixed trading. Notable developments in crypto-related companies and movements in ETFs and trusts.
Bank of America Shares Surge Amid Positive Jobs Data
Bank of America's shares surge after the release of positive jobs data, impacting its peers and the broader market.
DraftKings Stock Rises After Strong Q3 Financial Results
DraftKings sees stock rise following solid Q3 financial performance. Increased customer acquisition and engagement drive positive results. Revenue exceeds expectations and guidance is raised.
Apple's China Problem Persists
Apple is facing ongoing challenges in the Chinese market, as a disappointing forecast for the holiday season has once again brought its fortunes under scrutiny. Despite these challenges, some experts remain optimistic about Apple's prospect...
Solvay Reports Q3 Profit and Sales Decline
Solvay, a Belgian chemical company, faces Q3 profit and sales decline below expectations. Weak demand, lower volumes, and prices contribute to the decrease. Solvay maintains its outlook for the year, projecting a decline of 5% to 2% in earn...