Reported about 1 hour ago
Source: YAHOO
Reported about 1 hour ago
Palantir (PLTR) reported strong third-quarter earnings, surpassing Wall Street's expectations and raising its revenue guidance, yet its stock saw minimal movement afterward. Despite an impressive 390% increase over the last year, analysts suggest that this prior surge has muted investor reaction. Epistrophy Capital's Cory Johnson explained that while the company's growth is commendable, the stock may be overvalued, as it is priced for perfection. Retail investor enthusiasm doesn't always align with professional investment strategies, leading to a cautious outlook in the market following the earnings report.
Source: YAHOO
Reported about 1 hour ago
Source: YAHOO
Reported about 1 hour ago
Source: YAHOO
Reported about 1 hour ago
Federal Reserve Governor Lisa Cook, targeted by President Trump, shared her thoughts on interest rate strategies during a government shutdown that has hindered access to essential economic data. In her first public remarks since the controversy began, she noted that she can no longer gather insights from diners about inflation. The shutdown has left the Federal Reserve relying on limited external data and anecdotes while Cook's ongoing lawsuit against Trump adds to the complexity of her role.
Source: YAHOO
Reported about 1 hour ago
Source: YAHOO
Reported about 2 hours ago
Source: YAHOO
Reported about 2 hours ago
Source: YAHOO
Reported about 2 hours ago
Source: YAHOO
Reported about 2 hours ago
UBS Group AG is launching $3.25 billion in bonds, marking its first bond sale since a court ruling raised concerns about the bank's exposure to canceled AT1 debt. This move follows a strong earnings report and comes as UBS faces legal and credit risks, particularly regarding its investment in a bankrupt U.S. auto parts supplier. The bank plans to appeal the court's decision, which invalidated the cancellation of Credit Suisse AT1 bonds during an emergency acquisition.
Source: YAHOO
Reported about 2 hours ago
Vulcan Elements has partnered with the U.S. government and ReElement Technologies to boost domestic rare earth magnet production, aiming to reduce dependence on China. Located in North Carolina, Vulcan plans to establish a 10,000-metric-tonne magnet facility with significant funding from the Pentagon and the Department of Commerce. Additionally, ReElement will enhance its recycling and processing abilities with financial support from the Pentagon. This initiative underscores the importance of rare earth magnets in various technologies, including electric vehicles and medical devices.
Source: YAHOO
Reported about 2 hours ago
Source: YAHOO
Reported about 2 hours ago
Beta Technologies, a manufacturer of electric aircraft, plans to price its initial public offering (IPO) at $34 per share, exceeding its previously announced range of $27 to $33. The offering is reportedly oversubscribed, reflecting strong investor confidence. The company, which specializes in high-performance electric aircraft and related systems, aims to list on the New York Stock Exchange under the ticker symbol 'BETA'.
Source: YAHOO
Reported about 2 hours ago
Source: YAHOO
Reported about 2 hours ago
Source: YAHOO
Reported about 3 hours ago
Source: YAHOO
Reported about 3 hours ago
Source: YAHOO
Reported about 3 hours ago
Bank of America CEO Brian Moynihan is confronted with the challenge of addressing shareholders this week as the bank has experienced the lowest stock returns among the six largest US banks for consecutive years. During an investor day—the first in nearly 15 years—Moynihan aims to convince shareholders that the company's strategy of 'responsible growth' will yield results, despite the bank's underwhelming performance compared to competitors, particularly due to past investment decisions in low-yield securities.
Source: YAHOO
Reported about 4 hours ago
IREN's shares surged nearly 600% in 2025 after announcing a $9.7 billion deal with Microsoft to enhance AI data center capabilities. The partnership will see Microsoft access Nvidia chips through IREN, which is also investing $5.8 billion in Nvidia equipment from Dell Technologies. This strategic shift reflects IREN's pivot towards capitalizing on the growing demand for AI infrastructure.
Source: YAHOO
Reported about 4 hours ago
Source: YAHOO
Reported about 4 hours ago
Source: YAHOO
Reported about 4 hours ago
Source: YAHOO
Reported about 4 hours ago
Palantir (PLTR) is set to release its third quarter earnings, which are expected to reveal significant revenue growth, particularly in government contracts, amid rising concerns about a potential U.S. government shutdown. With the stock having surged over 28% since the previous quarter, investors will scrutinize the earnings report for insights into future performance, especially as analysts predict the company's revenue could reach $1.09 billion, marking a 50% increase compared to last year. The earnings results could impact stock volatility, with options traders anticipating a potential 9% movement following the announcement.
Source: YAHOO
Reported about 5 hours ago
Source: YAHOO
Reported about 5 hours ago
Walt Disney Co. has asked YouTube TV to reinstate the broadcast of ABC for Election Day after subscribers lost access to the channel due to an unresolved dispute over distribution fees. This conflict, which has seen both parties accuse each other of being unreasonable, led to the removal of Disney channels like ABC, ESPN, and FX from YouTube TV on October 31. YouTube TV has promised a $20 monthly credit to its customers while the dispute continues and highlights the importance of Election Day on November 4, which includes key races.
Source: YAHOO