Yahoo Finance Dow Jones Futures Rise As Fed Rate Cut Looms; What To Expect And What Really Matters
The stock market erased gains Tuesday with a Fed rate cut and Jerome Powell due. Tesla backed off from just below a buy point.
The stock market erased gains Tuesday with a Fed rate cut and Jerome Powell due. Tesla backed off from just below a buy point.
Unilever is spending over 150 million euros ($165 million) to revamp its European homecare business' supply chain, a senior executive told Reuters, aiming to make up for years of underperformance and tap into young, post-pandemic shoppers. Unilever's European homecare business, whose brands include Persil and Omo detergent, and Comfort fabric conditioner, plans to make improvements including building factories and adding warehouses and new production lines to existing facilities. The news comes months after the consumer goods giant was reported to be cutting a third of all office roles in Europe by the end of 2025 as a part of a push by CEO Hein Schumacher to revive growth.
Ageas reports on the progress of share buy-back programme Further to the initiation of the share buy-back programme announced on 28 August 2024, Ageas reports the purchase of 99,214 Ageas shares in the period from 30-09-2024 until 04-10-2024. DateNumber ofSharesTotal amount(EUR)Average price(EUR)Lowest price(EUR)Highest price(EUR)30-09-202416,278779,72247.9047.6848.2001-10-202421,2721,019,93347.9547.6648.1802-10-202421,8591,051,47148.1047.8048.4403-10-202419,405927,28047.7947.5848.1004-10-202420
The 'Bachelorette' alum wrote on Instagram that "within all the craziness of the year, we never got our actual marriage license"
Ahead of Tesla's (TSLA) robotaxi event this Thursday, October 10, Guggenheim Securities director of automotive equity research Ronald Jewsikow joins Seana Smith and Brad Smith on Morning Brief to outline his expectations for the event as a Tesla bear. Jewsikow tells Yahoo Finance he expects “it's more likely to be a sell the news event. I think there's been a lot of hype into this event. We've seen the stock move up. investor expectations are quite high in terms of the promises that are going to be made at this event. And the products that are going to be shown. "Ultimately, there are a lot of boxes that have to be checked, and we think that a real credible path to robotaxi commercialization in the next 12 to 24 months is extremely unlikely to come out of this event.” “Our view towards the stock returning closer to what we think is [its] fundamental value. But I would say that a business trading at 100 times earnings, 100 times our next year's earnings, with little to no free cash flow, is really difficult to underwrite without the robotaxi," Jewsikow goes on to say about the EV maker, believing Tesla could refocus back to its fundamentals after this event. "We estimate US sales were down about 5% in the third quarter versus the second quarter. And while China [region] growth was quite material in the third quarter, I guess we will see the quality of that growth once they report Q3 earnings with the gross margin line item, but it's tough to have any single catalyst from this point.” Jewsikow raises concerns about Tesla’s new models cannibalizing its existing share rather than capturing more of the market. “We've seen the Cybertruck grow, but it's largely been a function of cannibalizing Model S and X sales. If we just look at Tesla's sales volumes for premium vehicles, I think to see the gross margin inflection in the next six to 12 months is pretty unlikely.” For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Naomi Buchanan.
Dublin, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The "European (EU and East) Cold Room Panel Makers Directory" directory has been added to ResearchAndMarkets.com's offering. Detailing all major producers and regional markets in the EU and East Europe with estimates of forward output forecasts in square meters and growth rates. Includes makers' full contact details. This report presents detailed insights into the cold room market across 14 countries, offering comprehensive data and contact information f
Morgan McSweeney quashed leftwing factions in Lambeth and helped see off the BNP in Barking before coming to work for Sir Keir Starmer
Gaza ‘Tube network’ posters calling for return of hostages seen in major London Underground stations
Janice Small Combs released a statement in support of her son amid his legal woes
Diwali is being celebrated by Indian restaurants across town. Ben McCormack and Mike Daw find the best
No business like it...
A Breakthrough in Anti-Aging Eye Care A Breakthrough in Anti-Aging Eye Care CosMedical Technologies®, the leader in custom branded skincare solutions, is excited to announce the launch of its latest product, Advanced Retinol Eye, available exclusively to providers October 7th, 2024. This revolutionary eye cream has been meticulously formulated to address key concerns around the eye area, including dark circles, undereye bags, crow’s feet, and tired eyes. DAVIE, Fla., Oct. 07, 2024 (GLOBE NEWSWIR
Global Parkinson Disease Market Global Parkinson Disease Market Dublin, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The "Parkinson's Disease Market by Drug Class, Medical Devices Devices, Route of Administration, Distribution Channel, and Region" report has been added to ResearchAndMarkets.com's offering.The global Parkinson's disease market accounted for USD 3.6 billion in 2023 and is expected to reach USD 11.66 billion by 2034 with a CAGR of 11.26% during the forecast period 2024-2034. The market for Pa
SAN DIEGO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- In a strategic move set to redefine San Diego’s media landscape, Moe Rock, the CEO of the Los Angeles Tribune and a key figure in American news media, has acquired San Diego Weekly. The acquisition is expected to bring renewed focus on local journalism, particularly in covering San Diego’s burgeoning economy, vibrant small businesses, and political affairs. Moe Rock, who was recently named one of the top 50 most influential people in news media by MSN
Dublin, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The "Toys & Games Retail Global Industry Guide 2019-2028" report has been added to ResearchAndMarkets.com's offering. The global toys & games retail market recorded revenues of $111.33 billion in 2023, representing a compound annual growth rate (CAGR) of 2.3% between 2018 and 2023. Global Toys & Games Retail industry profile provides top-line qualitative and quantitative summary information including: market size (value, and forecast to 2028). The profil
MINNEAPOLIS, October 07, 2024--Leading apheresis network support and managed logistics to enable consistent harvest and reliable delivery of autologous starting material & product.
Bryan recently expressed wanting Beyoncé to "get in the family" of country music after her 'Cowboy Carter' album didn't receive any CMA Award nods
The scandal-hit U.S. Supreme Court will jump back into the culture wars this session with rulings on guns and transgender care for minors – and the specter of a potentially explosive electoral crisis.America’s highest court is under scrutiny as never before with its approval rate at a near-record low following leaks that raised concerning questions over the ethical behavior of some justices.It goes to work on Monday with the very real possibility of being called in to resolve disputes about vote
Diameter signaling controller integrates advanced 5G technologies, modernizes 4G infrastructureLOWELL, Mass., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Titan.ium Platform today announced the availability of its cloud-native Diameter Signaling Controller (DSC), which integrates with 5G networks and helps Mobile Network Operators (MNOs) and IP interconnect service providers to increase automation, along with reliability, while reducing their operating expenses (OPEX). The DSC is aimed at Mobile Network Op
The booming loan origination software market is unlocking unprecedented growth opportunities as cutting-edge technology and rising consumer demands propel financial institutions to adopt innovative solutions, elevate user experiences, and tap into emerging markets, fueling transformative industry advancements and substantial potential.New Delhi, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The global loan origination software market is poised to attain a valuation of over US$ 11.44 billion by 2032 from nea
Apple stock retreated amid a Jefferies downgrade to hold on views iPhone 16 sales will disappoint despite new AI software features.