Market updates

Adobe Could Return to Mid-Teens Growth Due to Generative AI, Morgan Stanley Says
September 11, 2024 01:52 AM AEST| By EODHDAdobe Could Return to Mid-Teens Growth Due to Generative AI, Morgan Stanley Says

Update: Centamin Surges 19% as it Agrees to a US$2.5-Billion Acquisition Offer from AngloGold Ashanti
September 11, 2024 01:44 AM AEST| By EODHDUpdate: Centamin Surges 19% as it Agrees to a US$2.5-Billion Acquisition Offer from AngloGold Ashanti

South African rand drifts weaker with focus on U.S. data
September 11, 2024 01:26 AM AEST| By EODHDThe South African rand weakened alongside other emerging market currencies on Tuesday, with markets looking to Wednesday's U.S. inflation print for clues about the Federal Reserve's interest rate path...

Update: Vermilion Energy Says it is on Track to Hit Q3 and Full-Year Production Guidance
September 11, 2024 01:23 AM AEST| By EODHDUpdate: Vermilion Energy Says it is on Track to Hit Q3 and Full-Year Production Guidance

Fed to cut rates by 25 basis points on Sept. 18, twice more in 2024: Reuters poll
September 11, 2024 01:17 AM AEST| By EODHDThe Federal Reserve will lower interest rates by 25 basis points at each of the U.S. central bank's three remaining policy meetings in 2024, according to a majority of economists in a Reuters poll tha...

ARWR: PALISADE Phase 3 Results Published in NEJM…
September 11, 2024 01:01 AM AEST| By EODHDBy David Bautz, PhD NASDAQ:ARWR READ THE FULL ARWR RESEARCH REPORT Business Update Phase 3 PALISADE Results Published in The New England Journal of Medicine On September 2, 2024, Arrowhead Pharmaceuti...

These Chipmakers Called Biggest Beneficiaries Of iPhone 16
September 11, 2024 12:54 AM AEST| By EODHDApple’s iPhone 16 handsets will provide a business lift for component suppliers, especially Cirrus Logic and Broadcom, according to KeyBanc Capital Markets. Continue reading View comments

Oil Prices Decline, but UBS Foresees a Recovery Ahead
September 11, 2024 12:45 AM AEST| By Team Kalkine MediaOn Tuesday, Brent crude oil prices experienced a decline of nearly one percent, settling at US$71.15 per barrel. Concurrently, US crude prices dropped to a 16-month low, reaching US$68.30 per barrel. This decrease in oil prices follows a downward adj...

Apple and Google Face Significant Financial Impact After Losing Prolonged EU Legal Disputes
September 11, 2024 12:37 AM AEST| By Team Kalkine MediaIn a landmark ruling, the European Court of Justice (ECJ) has delivered significant financial consequences to Apple Inc,(NASDAQ:AAPL).,and Google. The court mandated Apple to pay €13 billion in unpaid taxes to Ireland, while Google faces a €2.4 billi...

Bank of America ups minimum hourly pay to $24
September 11, 2024 12:34 AM AEST| By EODHDBank of America increased its pay for hourly workers in the U.S. to $24. The new rate, announced Tuesday by the North Carolina-based bank, represents a $1-per-hour increase for all full- and part-time...

2024 TSX30 Companies Open the Market
September 11, 2024 12:33 AM AEST| By EODHDToronto, Ontario--(Newsfile Corp. - September 10, 2024) - Representatives from the 2024 TSX30® companies joined Loui Anastasopoulos, Chief Executive Officer, Toronto Stock Exchange (TSX), to open the...

Floods decimate Nigerian zoo, wash crocodiles into community
September 11, 2024 12:22 AM AEST| By EODHDFloods in north Nigeria have killed more than 80% of animals in a large zoo with an array of wildlife from lions and crocodiles to buffaloes and ostriches, the facility said on Tuesday.

US clean fuels tax credit likely by end of Biden administration, Agriculture Secretary says
September 11, 2024 12:20 AM AEST| By EODHDU.S. Agriculture Secretary Tom Vilsack said on Tuesday he is 'confident' that a clean fuels tax credit program set to take effect in 2025 will be finalized by end of the Biden administration in Januar...

Academy Sports & Outdoors Cuts Full-Year Sales Outlook as Second-Quarter Results Fall
September 11, 2024 12:18 AM AEST| By EODHDAcademy Sports & Outdoors Cuts Full-Year Sales Outlook as Second-Quarter Results Fall

Americans used record 100 trillion megabytes of wireless data in 2023
September 11, 2024 12:18 AM AEST| By EODHDAmericans used just over 100 trillion megabytes of wireless data in 2023, up 36% over the prior year in the largest single-year increase in wireless data consumption, according to an industry survey r...

Nasdaq Rises Despite Apple's Weakness, Oracle Gains Ground
September 11, 2024 12:13 AM AEST| By Team Kalkine MediaIn today's market opening, the Nasdaq 100 saw a modest increase of approximately 0.3%. This uptick occurred despite a nearly 2% decline in Apple Inc.'s,(NASDAQ:AAPL),share price. The drop in Apple’s stock followed a tepid reaction to the company's la...

TPG seeks to strike out jailed Russian mogul's $14 billion conspiracy case
September 11, 2024 12:11 AM AEST| By EODHDPrivate equity firm TPG on Tuesday urged a London judge to strike out a $14 billion lawsuit that alleges the U.S. group was part of a Kremlin-backed conspiracy to strip jailed Russian businessman Ziya...

Ukraine's talks with IMF are 'difficult', prime minister says
September 11, 2024 12:10 AM AEST| By EODHDTalks with the International Monetary Fund regarding Ukraine's financing needs are proving difficult, Prime Minister Denys Shmyhal said on Tuesday, despite Ukraine's continued economic growth.

FAA needs to ensure adequate safety metrics before Boeing 737 MAX production can grow, FAA says
September 11, 2024 12:03 AM AEST| By EODHDWASHINGTON (Reuters) - The head of the Federal Aviation Administration said Tuesday the agency must ensure the planemaker's safety processes are adequate before it will lift its 737 MAX production cap...

Privacy Accelerationism Movement Gains Traction As Concerns Over Privacy Erosion Intensify
September 10, 2024 10:15 PM AEST| By Send2PressNEW YORK, N.Y., Sept. 10, 2024 (SEND2PRESS NEWSWIRE) -- According to reports from NBTV, a global privacy advocacy organization, and the Privacy Accelerationism (priv/acc) movement, the fight for priva...