October 2024 | Page 2 of 13 | Stock Market News

Uruguay’s Presidential Election Heads to Runoff After Contentious Vote

Uruguay’s presidential race is heading to a decisive runoff after neither candidate reached the absolute majority needed to win. Yamandú Orsi of the opposition Broad Front and Alvaro Delgado from the ruling

3 weeks ago

World

Nasdaq Hits Record High as Investors Brace for Tech Earnings Wave

The Nasdaq Composite hit a record high on Tuesday, rising 0.7% to cross the 18,700 mark as investors prepared for a crucial week of corporate earnings. The tech-centric index’s gains came amid

3 weeks ago

Markets

Earnings and Economic Data in Focus Ahead of Fed’s Interest Rate Decision

As investors gear up for a wave of earnings reports and critical economic data, all eyes are on how these indicators will shape the Federal Reserve’s upcoming interest rate decision. Eric Wallerstein,

3 weeks ago

Economy

Pfizer Raises Revenue Outlook Amid Pressure to Prove Post-COVID Value

Pfizer has raised its revenue and earnings outlook for the year, now expecting between $61 billion and $64 billion in revenue and adjusted earnings per share of $2.75 to $2.95. This optimistic

3 weeks ago

Business

Meta’s AI-Powered Search Engine to Compete with Google and Bing

Meta is making a bold move into the search engine space, aiming to develop its own AI-powered search tool to reduce dependence on Google and Bing. According to a report from The

3 weeks ago

Tech

European Stocks Rise as Crude Prices Drop and Tensions Ease

European stock markets opened the week with gains as eased tensions in the Middle East and declining oil prices boosted investor sentiment. Major indexes across Europe edged up on Monday, marking a

3 weeks ago

Markets

Gold Shines in 2024 – Here’s What Investors Need to Know

Gold is having a stellar year in 2024, hitting a record high of $2,748.23 per ounce and surging over 30% as economic uncertainty and geopolitical tensions continue to grip markets. Central banks

3 weeks ago

Investing

Yen Weakens as Japan’s Election Loss Raises Political, Monetary Uncertainty

Japan’s yen tumbled to a three-month low against the U.S. dollar on Monday, highlighting the rising uncertainty in Japanese politics following a recent election setback for the ruling coalition. The currency’s struggles

3 weeks ago

Finance

China’s Steel and Oil Sectors Face Losses Amid Economic Slowdown

China’s old-economy giants, particularly steelmakers and oil refiners, are feeling the pinch as the country’s economic growth slows. In a difficult year, cumulative losses in the steel industry alone have surged to

3 weeks ago

Economy

JPMorgan Cracks Down on ATM Fraud as Viral “Infinite Money” Glitch Sparks Legal Wave

JPMorgan Chase has taken a strong stand against alleged ATM fraud following a viral “infinite money glitch” that shook social media and, soon after, the banking world. This technical loophole allowed some

3 weeks ago

Business

October 2024 - Page 2

Nasdaq Hits Record High as Investors Brace for Tech Earnings Wave

Earnings and Economic Data in Focus Ahead of Fed’s Interest Rate Decision

Pfizer Raises Revenue Outlook Amid Pressure to Prove Post-COVID Value

European Stocks Rise as Crude Prices Drop and Tensions Ease

Gold Shines in 2024 – Here’s What Investors Need to Know

Yen Weakens as Japan’s Election Loss Raises Political, Monetary Uncertainty

China’s Steel and Oil Sectors Face Losses Amid Economic Slowdown

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