Monday, December 16, 2024
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Bussiness

Mortgage rates dip for third consecutive week to average 6.6%

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Mortgage rates dropped for the third consecutive week after fresh economic data kept expectations about the Federal Reserve’s next interest...
Bussiness

China’s Bond Rally Fuels Leveraged Bets Before Key Meetings

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(Bloomberg) -- China’s historic bond rally is likely prompting traders to take on more leveraged bets, driven by expectations of...
Bussiness

After Nvidia earnings, is the AI trend still investors’ friend?

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Trends are trends because they come and go, with the world of investing and markets certainly no exception. In 2020,...
Bussiness

Ross Stores lifts annual profit forecast on lower costs, shares rise

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(Reuters) - Off-price retailer Ross Stores raised its annual profit forecast on Thursday, as lower freight and supply-chain costs helped...
Bussiness

Nasdaq futures lead declines after Nvidia’s forecast disappoints

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(Reuters) - Nasdaq futures led declines among U.S. stock index futures on Thursday, with Nvidia's shares falling in premarket trading...
Bussiness

Supplier TransDigm forecasts annual profit below estimates on jet production risks

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(Reuters) - Aerospace supplier TransDigm Group on Thursday forecast its annual profit and revenue below analysts' expectations and highlighted risks...
Bussiness

Vertex Pharma lifts annual revenue forecast on cystic fibrosis treatments strength

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(Reuters) - Vertex Pharmaceuticals raised its annual revenue forecast on Monday after it beat third-quarter estimates on demand for its...
Bussiness

US Bonds Slide for Third-Straight Day as Fed-Cut Bets Wane

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(Bloomberg) -- US Treasuries declined for a third day amid expectations the Federal Reserve will cut interest rates at a...
Sports

Australia’s Qantas hits record high as Jefferies lifts price target

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By Aaditya GovindRao and Echha Jain (Reuters) - Shares of Qantas Airways hit an all-time high on Wednesday after Jefferies...
Bussiness

Huntington Bancshares beats profit estimates on capital markets strength

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(Reuters) - Huntington Bancshares' third-quarter profit beat expectations on Thursday, as higher underwriting and wealth management fees offset a hit from bigger deposit costs.The...
Bussiness

J&J lifts profit and sales forecasts, beats Wall Street expectations

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By Patrick Wingrove and Bhanvi Satija(Reuters) - Johnson & Johnson raised its 2024 profit and sales forecasts on Tuesday after reporting strong sales of...
Bussiness

Middle East conflict keeps markets nervous ahead of China’s reopening

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By Rae WeeSINGAPORE (Reuters) - Global stocks began Tuesday on a cautious note while oil prices stayed elevated as the escalating conflict in the...
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