Monthly Archives: October 2024

(CNBC) Stock futures slid on Thursday morning as Wall Street absorbed a fresh batch of earnings reports from megacap technology names. S&P 500 futures lost 0.48%, and Nasdaq 100 futures fell about 0.7%. Futures tied to the Dow Jones Industrial Average declined 76 points, or […]

(CNBC)Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings report on Wednesday. The company’s stock price was down slightly in after-hours trading.Sales in the third quarter jumped 19% year […]

(CNBC) Microsoft reported an earnings and revenue beat for the fiscal first quarter on Wednesday, but the stock slid 4% in extended trading after the company’s forecast called for slower growth than expected.Revenue increased 16% year over year in the quarter, […]

(CNBC)A postelection America worries U.S. billionaire Ray Dalio, who called for reforms numerous times amid a political landscape rife with what he views as irreconcilable differences between both Democratic and Republican parties. “This left, right and fighting each other is a […]

(CNBC) Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market. While trading is likely to be more lively in the fourth quarter, an October drop in the price of ether could offset current quarter growth in subscription and services, […]

(CNBC) S&P 500 futures rose on Tuesday night, as traders prepared for additional reports from major tech companies and looked ahead to a key reading on the economy’s growth. Futures tied to the broad market index added 0.3%, while Nasdaq 100 futures climbed […]

(Hedgeweek)Digital asset inflows reached $901m last week, pushing year-to-date inflows to US$27bn, nearly triple the record annual high seen in 2021, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares. To read this article:

(CNBC) Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse. Net profit attributable to shareholders came in at $1.43 billion, compared with a […]

(Hedgeweek) Mark Levine, a seasoned hedge fund manager with over two decades at activist investor Elliott Management, is stepping out on his own and will manage personal wealth through his newly established venture Sargasso Partners, according to a report by […]

(CNBC) The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh. “The end of financial repression, of zero interest rates […]

(CNBC) Chipotle Mexican Grill on Tuesday reported mixed quarterly results despite another quarter of higher traffic to its restaurants.  Shares of the company fell 3% in extended trading. Chipotle reported third-quarter net income of $378.4 million, or 28 cents per share, up from […]

(CNBC) Stock futures were muted Tuesday as investors readied for key corporate earnings releases, including reports from notable tech names. Dow Jones Industrial Average futures slipped 132 points, or 0.3%. S&P 500 futures fell 0.1%, while Nasdaq 100 futures traded near the flatline. Ford Motor slid […]