Stocks News

October housing permits and starts fall below estimates, signaling bearish construction trends as builders face high mortgage rates and cautious demand.

US retail sales rose 0.4% in October, reaching $718.9 billion. Consumer spending drives growth but reveals signs of slowing momentum heading into Q4.

China’s Retail Sales Surge, Unemployment Dips as US Tariff Threat Looms” – Mixed economic signals push Hang Seng and AUD/USD higher amid investor caution.

U.S. wholesale prices rose 0.2% in October, signaling stable inflation and potential Fed rate cut, while unemployment claims decline, showing a steady economy.

Disney’s streaming surge boosts revenue despite traditional TV declines, while Advance Auto reports sales drop and strategic restructuring for growth.

Germany needs a stable and reform-oriented government to respond to the impact of US president-elect Donald Trump’s potential policy shifts that will impact Germany’s trade, fiscal and defence policies.

Trump’s election lead sends stocks, Bitcoin, and the dollar surging as investors bet on a pro-growth agenda. Discover market reactions and future forecasts.

Taco Bell’s resilience boosts Yum, while KFC and Pizza Hut see declines. Learn how Yum, Restaurant Brands, and Marqeta face sector challenges.

Nvidia joins the Dow, replacing Intel in a major AI-driven shift as its market cap soars, reflecting tech’s dominance in the stock market.

U.S. October jobs report shows only 12,000 new jobs, missing forecasts. Unemployment steady at 4.1%—what’s driving the labor market slowdown?

Apple, Amazon, and Intel earnings reveal key industry trends as growth in cloud, iPhone sales, and AI position these tech giants for 2024 competition.

Microsoft’s cloud growth boosts earnings, Meta outperforms but misses user targets, and Starbucks strategizes for recovery after sales drop.

U.S. Q3 GDP grew 2.8%, missing the 3.1% forecast as consumer spending slowed. Rising imports and weak housing investment also dampened growth.

October’s ADP report surprises with 233,000 private jobs added, driven by health, trade, and hospitality sectors—beating forecasts by over 100,000.

U.S. home prices rose 4.2% YoY in August, while 20 major cities saw a 5.2% gain. High mortgage rates continue to dampen demand and growth.

Pfizer Q3 earnings beat expectations, driven by Paxlovid sales. Cost-saving goals aim for $4B by 2027 as Covid demand slows. Investor concerns rise.

Robinhood launches political betting, but Jones says neither Trump nor Harris can solve the U.S. fiscal crisis—a threat bigger than the election itself.

U.S. Durable Goods Orders fell 0.8% in September, defying forecasts for a deeper drop and signaling resilience in the manufacturing sector.

U.S. jobless claims fall unexpectedly to 227,000, signaling labor market resilience, but rising unemployment benefits hint at economic cooling.

Southwest, American Airlines, UPS, and Honeywell post mixed Q3 results, with Southwest and UPS beating earnings, while Honeywell misses revenue targets.