investing
Investing
Heidelberg raises outlook on North America boost, shares hit record high
Investing
Oil steadies as investors digest US election fallout
Investing
Australia’s NAB annual profit dips, signals inflation risks under Trump
Investing
Match forecasts lackluster revenue as Tinder turnaround takes longer
Hedge fund Elliott says it has not made demands at Germany’s RWE
Date: November 7, 2024
(Reuters) -Elliott Investment Management said on Wednesday that it has not engaged with German utility RWE AG about an investment in the company and has not laid out any demands. The hedge fund issued a statement in reaction to a Bloomberg News report, citing unnamed sources, that said Elliott has built a significant investment in...
Lyft projects strong fourth-quarter bookings on robust commuter demand, shares jump
Date: November 7, 2024
By Akash Sriram (Reuters) -Lyft on Wednesday forecast current-quarter gross bookings above estimates after posting upbeat quarterly sales, indicating steady demand for its ride-hailing services from people returning to workplaces. Lyft shares, which typically see substantial price swings following its quarterly earnings, jumped about 22% in extended trading. As more companies enforce return-to-office policies, workers...
Gilead 3rd-quarter results beat Wall Street estimates, raises outlook
Date: November 7, 2024
By Deena Beasley (Reuters) -Gilead Sciences reported third-quarter financial results that handily beat Wall Street expectations on Wednesday as sales climbed 7%, leading the drugmaker to raise its outlook for full-year earnings. Gilead shares rose more than 3% after it reported its results and revised forecast. The Foster City, California-based company posted an adjusted quarterly...
European shares fall on fears of Trump tariffs
Date: November 6, 2024
By Shashwat Chauhan and Shubham Batra (Reuters) -European shares ended lower on Wednesday, following a broad rally earlier in the session, hurt by a drop in utilities shares on fears that U.S. President-elect Donald Trump could halt fresh approvals for offshore wind projects. Trump, who recaptured the White House by securing more than the 270...
FTSE 100 pulls back from early gains after Trump’s victory
Date: November 6, 2024
By Nikhil Sharma and Sruthi Shankar (Reuters) -The UK’s benchmark FTSE 100 slipped on Wednesday as losses in shares of homebuilders and precious miners countered an upbeat global market sentiment following Republican Donald Trump’s election as U.S. president. The blue-chip FTSE 100 was down 0.1%, while the FTSE 250 midcap index rose 0.3%. Both indexes...
European clean energy stocks tumble as Trump wins US presidency
Date: November 6, 2024
By Stine Jacobsen COPENHAGEN (Reuters) -Shares in European clean energy groups plummeted on Wednesday after Donald Trump was elected president of the United States, as investors fretted over a potential dismantling of U.S. support for renewables and climate policy. Trump had vowed to scrap offshore wind projects through an executive order on his first day...