Stocks News

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.

Tesla’s profit surge and IBM’s AI push drive tech growth, while Mattel struggles with weak toy demand ahead of the holidays. Read our full earnings breakdown.

U.S. existing home sales hit a 14-year low in September as high mortgage rates and elevated prices keep buyers cautious. Explore the key factors and market outlook.

IMF boosts U.S. 2024 growth to 2.8%, citing strong consumption, while cutting China to 4.8%. Geopolitical and trade risks still threaten global recovery.

GM surpasses Q3 expectations and raises 2024 earnings forecast, driven by strong North American sales and higher vehicle prices. Read the full analysis.

US Leading Economic Index drops 0.5% in September, signaling slower growth ahead. Learn how key economic indicators point to recession risks in 2025.

Building permits fell 2.9% to 1.428M, and housing starts dipped 0.5% to 1.354M in September. Housing completions surged 14.6% year-on-year to 1.680M.

Netflix adds 5.1M subscribers, beating Q3 expectations with $9.83B revenue, boosting shares 4%, while TSMC’s 54% profit surge on AI demand sends stock up 10%. Elevance Health drops 10% after Q3 earnings miss.

U.S. retail sales rose 0.4% in September 2024, driven by strong e-commerce growth. Discover the full economic impact and market outlook in our detailed analysis.

New York manufacturing activity contracts as October’s Empire State index drops to -11.9, but optimism rises with 55% of firms expecting growth in 6 months.

US labor market beats forecasts, easing recession fears and Fed cuts bets, while Middle East tensions weighed on crypto markets.

U.S. job growth surged by 254K in September, beating forecasts, while unemployment dipped to 4.1%. Wage growth remains steady at 0.4%, supporting labor market streng

The US and global economies remain resilient ahead of forthcoming US elections. However, Europe’s economic fragility poses challenges for its recovery despite support from the easing of interest rates.

Private employers added 143K jobs in September, beating forecasts. Job gains across sectors signal labor market strength, but wage growth remains cautious.

US economic indicators boost soft landing hopes and fuel 50-bps Fed rate cut bets, driving demand for cryptos.

U.S. jobless claims dip to 218K, signaling labor market strength, while Q2 GDP growth holds at 3%, driven by strong consumer spending and inventories.