Shares of the Big Three automakers — Ford (F), General Motors (GM), Stellantis (STLA) — edge lower ahead of Friday's close after Ford reached a tentative labor agreement with striking United Auto Workers (UAW) membership on October 26. While GM and Stellantis are reportedly in talks with the UAW, Ford pulls back on its 2023 forecast fearing higher-than-expected losses in its EV business. Sanofi (SNY) stock dives nearly 20% ahead of Friday's closing bell after disappointing on earnings this quarter and warning of slowing earnings growth in 2024. Cloud developer Juniper Networks (JNPR) stock jumps after reporting strong third-quarter earnings and growth in its enterprise business. Yahoo Finance's Julie Hyman and Josh Lipton take a look at several of the day's top trending stocks. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Shares of the Big Three automakers — Ford (F), General Motors (GM), Stellantis (STLA) — edge lower ahead of Friday's close after Ford reached a tentative labor agreement with striking United Auto Workers (UAW) membership on October 26. While GM and Stellantis are reportedly in talks with the UAW, Ford pulls back on its 2023 forecast fearing higher-than-expected losses in its EV business.
Sanofi (SNY) stock dives nearly 20% ahead of Friday's closing bell after disappointing on earnings this quarter and warning of slowing earnings growth in 2024.
Cloud developer Juniper Networks (JNPR) stock jumps after reporting strong third-quarter earnings and growth in its enterprise business.
Yahoo Finance's Julie Hyman and Josh Lipton take a look at several of the day's top trending stocks.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Barrons.com
Apple stock is having a rough couple of months with doubts about demand for its new iPhone. The mood is unlikely to be lightened by news it faces a potential ban on imports of certain models of its Apple Watch. The U.S. International Trade Commission on Thursday found Apple (ticker: AAPL) had violated patents held by medical-technology company Masimo (MASI) over measuring blood-oxygen levels.
Bloomberg
(Bloomberg) -- The electric-vehicle boom that spawned multibillion dollar startups overnight and pushed Tesla Inc.’s value into the stratosphere is starting to flounder just a few years after it began.Most Read from BloombergHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingIsrael Latest: Army ‘Expanding’ Ground Activity in Gaza StripEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventUS Military Attacks Two Syrian Facilities It Says Are Linked to IranA
Barrons.com
Amazon.com ‘s stronger-than-expected third-quarter net income came partly thanks to Rivian Automotive though the results were solid even after removing the impact of Rivian’s stock volatility. Amazon (ticker: AMZN) reported unadjusted third-quarter net income of just under $10 billion. Citi analyst Ronald Josey wrote Friday that Amazon Web Services’ revenue was “better than feared” and retail was “resilient.”
Bloomberg
(Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon plans to sell shares currently worth about $141 million, the first such transaction since he took the helm at the Wall Street giant almost 18 years ago.Most Read from BloombergHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingIsrael Latest: Army ‘Expanding’ Ground Activity in Gaza StripEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventUS Military Attacks Two Syrian Facilities It S
Bloomberg
(Bloomberg) -- Sam Bankman-Fried, on trial for fraud in New York, isn’t the only crypto founder feeling the heat. Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingChina, US Release Dueling Videos With Accusations of ProvocationThe Bloomberg Billionaires Index
Barrons.com
Altria Group's 3Q results weren't impressive, but they weren't bad enough to warrant the sharp selloff that brought the stock to a multiyear low on Thursday, Goldman Sachs analysts say in a research note. Cigarette volumes fell a higher-than-expected 11.6% and cigarette price increases of about 8.7% weren't able to offset, driving down the smokeable segment's profit dollars, the analysts say.
SmartAsset
A major change coming in 2027 could boost the retirement savings of millions of lower- and middle-income Americans. The federal government will start matching 50% of retirement account contributions up to $2,000 per year through the new Saver’s Match program. This money injects funds directly into savers’ accounts rather than simply reducing tax bills. For […] The post The Federal Government Will Match Your Retirement Plan Savings By 50%. Here's Who Qualifies. appeared first on SmartReads by Sma
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