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Stellantis’ top level shake-up fails to stem share slide By Reuters
Written by Giulio Piovaccari MILAN/LONDON (Reuters) - Shares of French-Italian automaker Stellantis (NYSE:) resumed their decline on Friday after the automaker said CEO Carlos Tavares would retire in 2026 and announced broad management…
Daily Broad Market Recap – October 10, 2024
All eyes and ears were on the release of the US CPI... which didn't cause much hype in the markets.
However, crude oil gained a massive 3% for the day. Read on to find out why!
Titles:
Japan's producer prices rose from 2.6% to 2.8%…
Tesla shares fall 8% after robotaxi event panned for lack of details
Elon Musk went back to his old book with the Robotaxi event, teasing untested technology and mixing it with hype. The problem is that he routinely misses deadlines way too high and the final pricing looks nothing like what he promised.…
Polestar expects positive Q4 margin, to conduct strategic review; shares down By Investing.com
Investing.com - Polestar (NASDAQ:) said on Friday that it expects to reach a positive gross profit margin in the fourth quarter, despite a 14% decline in electric vehicle deliveries during the third quarter. The company also said it would…
4 Ways to Minimize Missing Good Trades
Forex traders who want to make consistent profits know the importance of tracking the rights and wrongs of their trades.
Unfortunately, the impact of the deals they don't make is often overlooked.
Traders are no strangers to missing out…
What would it really take for a pullback in gold prices?
Even as the dollar strengthened and traders retreated to pricing in a 25 basis point move for the Fed in the last week or so, that did not faze gold prices at all. There was a slight decline towards $2,605 earlier this week, but that did…
Futures fall as investors brace for earnings season; Tesla dips By Reuters
(Reuters) - U.S. stock index futures fell on Friday, ahead of the start of third-quarter earnings season, after hotter-than-expected September inflation data boosted expectations of a 25 basis point interest rate cut by the Federal Reserve…
Dollar slips lower, but still on course for weekly gain By Investing.com
Investing.com - The US dollar traded with small losses on Friday, but remained on track for weekly gains as traders reassessed potential interest rate cuts from the Federal Reserve in the wake of the strong employment report.
At 04:30 EST…
Dollar push and pull yesterday but didn’t move a whole lot in the end
In case you missed the headlines:Inflation numbers were higher than expected while initial jobless claims also jumped, with little hurricane-related impact noted. The dollar made gains on the back of this, but they were quickly erased.…
