Crude oil prices (BZ=F, CL=F) are lower due to a number of reports including EIA data showing stockpiles rose more than expected while China saw decreasing factory activity. Gasoline prices have decreased by 35 cents from last month's average, according to data from AAA. Yahoo Finance Senior Business reporter Ines Ferre joins the Live show to break down the price action surrounding the commodities. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Crude oil prices (BZ=F, CL=F) are lower due to a number of reports including EIA data showing stockpiles rose more than expected while China saw decreasing factory activity. Gasoline prices have decreased by 35 cents from last month's average, according to data from AAA. Yahoo Finance Senior Business reporter Ines Ferre joins the Live show to break down the price action surrounding the commodities.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Bloomberg
(Bloomberg) -- Qualcomm Inc., the largest seller of smartphone chips, gave a better-than-expected revenue forecast for the current quarter, indicating that the mobile-phone industry’s inventory glut may finally be receding.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsReal Estate Industry Takes Fresh Hit With Verdict on CommissionsIsrael Latest: US Says the First of Its Citizens Depart GazaIsrael Latest: Blinken Returning to Israel; Refugee Camp HitSaudi Forces
Reuters
The Pine-Sol manufacturer was among several companies including gambling giants MGM Resorts International and Caesars Entertainment to be hit by cyber attacks since August. Clorox had anticipated its first-quarter results to be impacted by the shipping delays caused by the incident. With Clorox's products off the shelves for a short period in September due to the attack, Jacobsen added that private label brands made some inroads into the company's market share.
Reuters
It also named Jamie Miller as its new chief financial officer. Consumer spending has shown remarkable strength this year, with analysts expecting the cheer to extend to the holidays, as companies dangle steep discounts on everything from electronics to clothing to entice inflation-weary shoppers. Online sales during the U.S. holiday season, which includes some of the biggest shopping days such as Cyber Monday, Thanksgiving and Black Friday, are expected to rise 4.8% from a year earlier, a report from Adobe Analytics showed in October.
Reuters
Airbnb shares were down 4.9% at $114.30 in extended trading. The San Francisco-based company forecast fourth-quarter revenue between $2.13 billion and $2.17 billion, below average analysts' estimate of $2.18 billion, according to LSEG data. "We are seeing greater volatility early in Q4, and are closely monitoring macroeconomic trends and geopolitical conflicts that may impact travel demand," it said in a statement.
TipRanks
“The world is changing: I feel it in the water, in the earth, and in the air,” wrote Tolkien of the aftermath of the War of the Ring. We’re not living in an epic fiction, but change is definitely in the air. Our world is shifting towards a more chaotic multi-polar geopolitical reality, and economies are making a difficult switch from easy-money policies to more fiscally restrained regimes. For investors, the immediate effect is felt in stubborn inflation, high interest rates, and an uncertain ma
Benzinga
When the stock market gets rocky, dividends can provide a steady stream of income. And when those dividends come from companies with a bright future, that’s a win-win for investors. After the stock prices have taken a beating this year, these three companies are sitting at, or near, all-time high dividend yields along with some major upside on price. Don't Miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 mi
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