General Motors reported third-quarter earnings that topped estimates. GM’s profits were driven by strong SUV sales, EV growth, cost reductions, and improved China sales. GM’s EVs hold a 9.8% share of the US EV market, behind only Tesla. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go….
Global Materials for Electric Vehicle Charging Infrastructure Market Size To Worth USD 11025.2 Million By 2033 According to a research report published by Spherical Insights & Consulting, the Global Materials for Electric Vehicle Charging Infrastructure Market Size is Expected to Grow from USD 660.9 Million in 2023 to USD 11025.2 Million by 2033, Growing at a…
The S&P 500 has enjoyed a bull market since October 2022, rising nearly 70%. LPL Financial’s Quincy Crosby expects the rally to continue into 2025. Don’t worry about election volatility: earnings are strong, and a soft landing looks likely. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the…
Economist David Rosenberg warns the stock market is in a “mega-bubble.” Rosenberg cites high valuations, investor positioning, and sentiment as warning signs. Despite recent market gains, Rosenberg predicts a recession and advises caution in investing. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app…
The bull market could be in its final days, according to Calamos Investments’ Michael Grant. The CIO said the market has suffered from “invincibility syndrome.” Grant said stocks could soon enter a period of weak returns, possibly for “many years.” Thanks for signing up! Access your favorite topics in a personalized feed while you’re on…
Switch the Market flag for targeted data from your country of choice. Open the menu and switch the Market flag for targeted data from your country of choice. Need More Chart Options? Right-click on the chart to open the Interactive Chart menu. Use your up/down arrows to move through the symbols. Source link
China is expected to announce extra fiscal policy support on Saturday. Analysts expect $283 billion worth of stimulus to be pledged, Bloomberg reported. The lack of consumer support in China’s last stimulus package disappointed investors. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app…
Hong Kong and Chinese stocks both rebounded from sell-offs after China’s central bank kicked off a US$70 billion financing facility to fund institutional buying and traders bet on more fiscal stimulus to shore up growth. The Hang Seng Index jumped 4.2 per cent to 21,508.37 at the noon break, set to snap a two-day, 11…
NEW YORK — U.S. stocks set records Wednesday after the latest wild swerves for Chinese stocks left few ripples in markets worldwide. The Standard & Poor’s 500 rose 0.7% to top the all-time high it had set last week. The Dow Jones industrial average climbed 1% to hit its own record, while the Nasdaq composite gained…
China’s stock markets slumped after a 10-day rally that was driven by Beijing’s stimulus announcement in September. Investors were disappointed when a hyped-up Chinese government press briefing failed to deliver more stimulus. Retail investors dominate China’s markets, influencing sentiment and market movements. Thanks for signing up! Access your favorite topics in a personalized feed while…