As the 2024 U.S. Presidential Election approaches, investors are on high alert. Historically, election cycles have triggered market volatility, but this time it feels different. With the global economy still grappling with inflation, interest rate hikes, and geopolitical tensions, the stakes have never been higher. Regardless of whether it’s Trump or Harris who emerges victorious,…
Sentiment vs. Reality—Is Growth Costing Tesla More Than It’s Worth? Tesla’s Q3 2024 earnings call was filled with optimism, as Elon Musk and his leadership team focused on the long-term potential of the company’s Full Self-Driving (FSD) technology, AI innovations, and the upcoming Cybertruck. They painted a picture of Tesla’s future dominance, pushing the idea…
Boeing’s Q3 earnings report just landed, and the numbers are hard to ignore. The aerospace giant posted a massive $6.2 billion loss, marking one of its toughest quarters in recent memory. With a GAAP loss per share of $9.97 and a negative free cash flow of $2 billion, the company is clearly grappling with significant issues…
Before the Bell on October 22, 2024 General Motors (GM) released its Q3 earnings report this morning, and while the headline numbers look solid, the road ahead is anything but smooth. The auto giant posted $44.1 billion in revenue, up 4% from last year, and an adjusted EPS of $2.28, beating Wall Street’s expectations. But…
(Reuters) – Honeywell has signed a deal with Google to connect artificial intelligence technology with its industrial data, both companies said on Monday, with a view to offer streamlined autonomous operations for its customers. The partnership will bring together Alphabet-owned Google’s Gemini – its most advanced AI technology – and Honeywell’s industrial data collected through…
By Abhijith Ganapavaram and Allison Lampert (Reuters) -Boeing’s shares rose 4% on Monday on hopes of an end to a crippling strike, although analysts expressed doubts that the proposed labor contract unveiled over the weekend would muster enough support from workers. About 33,000 workers will vote on the contract proposal on Wednesday after a more…
(Reuters) -Walt Disney said on Monday it would appoint a new chief executive officer in early 2026 and named James Gorman as its chairman. Gorman, executive chairman of Morgan Stanley, would step down from that role at the end of 2024 and take on the position at Disney in January. He would succeed Mark Parker,…
By Polina Devitt and Swati Verma LONDON (Reuters) – Gold is extending a period of successive record highs, moving the psychological milestone of $3,000 per ounce into view, analysts said, as geopolitical tension, a tight U.S. electoral race and favorable macro backdrop attract more investors. Spot gold reached a historic high of $2,740.37 a troy…
As we head into another critical week for the stock market, the focus turns to the earnings reports of some major players across diverse sectors. Boyd Gaming, Tesla, Verizon, Lockheed Martin, and GE Aerospace are expected to unveil their third-quarter results. Each of these companies provides a unique perspective on the broader market and individual…
Election season always brings a swirl of headlines, campaign promises, and uncertainty—and the stock market often reacts accordingly. But here’s the thing: while the run-up to Election Day can be a wild ride, once the votes are counted, the market tends to settle down. Regardless of who takes office, history shows that the stock market…
