China’s factory activity expands for the first time since April, official survey shows – CNBC
China’s official purchasing managers’ index for October came in at 50.1, according to National Bureau of Statistics data released Thursday.…
Day: November 1, 2024
China’s BYD overtakes Tesla revenue for first time – BBC.com $TSLA #Tesla
The electric vehicle giant saw its revenues jump 24% as government subsidies boost China’s car industry. #stockmarket #breaking
S&P 500 futures slip after Microsoft reports; traders brace for key inflation data: Live updates – CNBC $MSFT
Traders reviewed results from Microsoft and Meta Platforms, and they looked ahead to a key inflation reading due Thursday morning.…
Asian stocks dragged by tech, yen gains on BOJ’s hawkish hints – Reuters
Asian stocks slid on Thursday as chip-sector stocks tracked overnight declines by Wall Street peers, while Facebook owner Meta Platforms…
Institutional Investors Position for Bitcoin Volatility Into the U.S. Election – CoinDesk $BTC #Bitcoin
Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000,…
Metaâs Reality Labs posts $4.4 billion loss in third quarter – CNBC
Meta’s Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the…
Michael Saylor’s MicroStrategy Plans to Raise $42B to Buy More Bitcoin Over Next 3 Years – Yahoo Finance $BTC #Bitcoin
Self-described Bitcoin development company MicroStrategy (MSTR) didn’t add to its bitcoin {{BTC}} holdings since mid-September, but the firm announced an……
Carvanaâs stock soars 20% as used-car retailer calls for better times ahead – MarketWatch
None #stockmarket #breaking
S&P 500 Gains and Losses Today: Supermicro Stock Dives as Accounting Firm Resigns – Investopedia
The S&P 500 slipped 0.3% on Wednesday, Oct. 30, as the latest GDP data showed an unexpected deceleration in economic…
McDonaldâs E. coli cases rises to 90 as federal officials inspect a NW onion grower – OregonLive $MCD #mcdonalds
The onions were served on Quarter Pounder hamburgers at hundreds of McDonaldâs locations and were distributed by Taylor Farms, a…
Iran’s Energy Infrastructure More Vulnerable To Future Attacks – OilPrice.com
Standard Chartered thinks that the market underestimated the risk of an attack on Iranian energy infrastructure after the U.S. Presidential…
Even Mark Zuckerberg seems surprised by Meta’s pace of spending on AI – CNBC
Meta CEO Mark Zuckerberg explained on the earnings call how the speed of Meta’s AI technology buildout led the company…
Asia markets slip ahead of BOJ decision; China factory activity expands for first time since April – CNBC
The Bank of Japan is expected to hold rates at 0.25%, according to a Reuters poll of economists. #stockmarket #breaking
Jack Dorsey hits Tidal with another mass layoff: “We need to build like a startup again” – Fortune
The streaming music service, founded by Jay-Z, has been owned by Dorsey’s Block for several years. #stockmarket #breaking
Space Force opens national security launch contracts to new players – SpaceNews
For this on-ramp opportunity, prospective launch providers must have a credible plan for a first launch by December 2025 #stockmarket…
Magnificent 7 earnings underline the group’s huge market influence – Yahoo Finance
Alphabet (GOOG, GOOGL) delivered an earnings beat, sending the stock higher and fueling confidence in the âMagnificent Sevenâ group. With…
Alphabet Earnings Had Wall Street on Edge. There Was No Need to Fret. – Barron’s
None #stockmarket #breaking
Starbucks Announces Removal of Extra Charge for Non-Dairy Milk Starting Nov. 7 – Starbucks Stories
Customers in U.S. and Canada company-owned and operated stores will no longer pay extra for customizing their beverage with non-dairy…
Slivered onions are likely cause of McDonaldâs E. coli outbreak, CDC says – Ars Technica $MCD #mcdonalds
To date, 90 sickened, 27 hospitalized and one dead in the multi-state outbreak. #stockmarket #breaking
Starbucks turns to Sharpies, mugs and a price freeze to stem traffic slide – Financial Times
New CEO Brian Niccol pledges to simplify âoverly complexâ menu and return to its coffee house roots #stockmarket #breaking