HANGZHOU, CHINA – NOVEMBER 15, 2023 – An aerial photo shows a new property under construction in Hangzhou City, Zhejiang Province, China, Nov 15, 2023. On the same day, data released by the National Bureau of Statistics showed that from January to October 2023, the national real estate development investment was 9,592.2 billion yuan, down…
CHONGQING, CHINA – NOVEMBER 5, 2023 – High-rise buildings are seen in downtown Chongqing, China, November 5, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened. Retail sales grew by 7.6%…
Tiger Woods of the United States and Rory McIlroy of Northern Ireland walk to the 11th fairway during a practice round prior to the 2023 Masters Tournament at Augusta National Golf Club on April 03, 2023 in Augusta, Georgia. Ross Kinnaird | Getty Images Sport | Getty Images The PGA Tour said Tuesday it will…
Check out the companies making headlines in midday trading. Azenta — The life science stock jumped 13% on Tuesday, a day after the company delivered its fiscal fourth-quarter report. In addition to beating estimates of analysts polled by FactSet on both lines, the company also issued full-year adjusted earnings guidance of 19 cents to 29…
Check out the companies making headlines before the bell. Fisker — The electric vehicle startup company plummeted more than 18% after missing on third-quarter earnings forecasts and reporting light vehicle deliveries. The company noted that the pace of vehicle deliveries accelerated near the end of the quarter, however. Kraft Heinz — The food and beverage…
James Bullard at Jackson Hole, Wyoming. David A. Grogan | CNBC Former St. Louis Fed President Jim Bullard says the Federal Reserve still has “a ways to go” in fighting inflation and that there is still a risk that prices pick up once again. Between March 2022 and July 2023, the FOMC enacted a run…
Check out the companies making the biggest moves midday. Tesla — The electric vehicle maker rallied 4.7% after it was revealed that the updated terms of its cybertruck order agreements stipulate that buyers won’t sell the vehicle within the first year of ownership without permission from Tesla. Buyers could face possible legal action and Tesla…
Check out the companies making headlines before the bell: Monday.com — Shares of the project management company jumped 10% after Monday.com reported a strong quarter and issued a rosy forecast. Monday.com reported third-quarter earnings and revenue of 64 cents per share on revenue of $189.2 million. Analysts polled by FactSet anticipated 21 cents per share…
Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known as dividend monarchs. That’s a top strategy for Roundhill Investments, which launched its S&P Dividend Monarchs ETF this month. “It’s named that for a reason. It focuses on the dividend monarchs. These are companies that…
Mary Daly, president of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, on Nov. 12, 2018. Ann Saphir | Reuters Tighter monetary policy is helping bring down the pace of inflation but not to a level where policymakers should feel too comfortable,…
