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Business News

Location American Business News for 30 October 2024
China's struggling real estate sector may not start turning around until the second half of next year, even with the latest stimulus measures, analysts predict.
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Peter Schiff Emphasizes Gold Bull Market Is Just Getting Started Economist and gold advocate Peter Schiff declares gold's explosive rise is only the beginning, forecasting a historic rally fueled by looming inflation and economic turmoil. Peter Schiff: Gold Bull Market Hits Record Hig...
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Meme stock influencer 'Roaring Kitty' dumps entire stake in Chewy, sending shares lower The Chewy stake is Keith Gill's first known investment beyond videogame retailer GameStop.
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Smoothie King launches special menu for Ozempic users: 'Thoughtful balance' One in eight American adults, about 12%, has taken Ozempic or a similar drug for diabetes or weight loss, recent research found.
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Yves Guillemot, CEO of Ubisoft, said the French video game publisher is exploring its strategic options as it reported lackluster results for the first half of the year.
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The average rate on the 30-year fixed mortgage was coming down all through August and touched its most recent low of 6.11% on Sept. 11.
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DFC Intelligence today released a preview of its 2024 market report, and it predicts gaming will grow again after a disastrous year.
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By integrating agentic, generative, and prescriptive AI into a single solution, Creatio positions itself at the forefront of a new era.
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More than half of Budget tax rises to be paid by firms The chancellor says businesses will "contribute more" as she raises employer National Insurance to 15%.
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'Rocketship' Reddit's third-quarter results a real 'Jekyll and Hyde' story, says Bernstein Reddit Inc.'s better-than-expected third-quarter results highlight the social-media platform's strong growth potential, analysts say.
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Dropbox to cut 20% of workforce as it moves to boost growth Dropbox Inc.'s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it's cutting about 20% of its global ...
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Pending home sales jump to six-month high as lower mortgage rates draw buyers in U.S. pending home sales rose 7.4% in September, the National Association of Realtors said on Wednesday.
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BlackRock Bitcoin ETF breaks $30B; US ETFs set to hit 1M BTC holdings Continued ETF inflows could help push Bitcoin to an all-time high, which the asset came within $200 of on Oct. 29.
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Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.
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The new development at the Bahia Mar marina will include a hotel, condo towers, a beach club, restaurants and retail space, according to the plans.
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Wall Street's reaction to the quarter continues an up-and-down month for shares of the AI chipmaker.
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Lightspeed partnered with GamesBeat, Nasdaq, and leading judges and mentors once again to spotlight the 25 most innovative startups reshaping the gaming and interactive media industry.  For half a century, video games h...
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SEC Chair Doubles Down on Regulation by Enforcement as Political Pressures Mount SEC Chair Gary Gensler, facing bipartisan pressure and Trump's vow to remove him, defended the agency's regulation by enforcement. SEC Chair Stands Firm: ‘We're Going to Continue to Do That Which We Do Well’ U.S. Sec...
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Woolworths Cuts Expectations for Australian Food Earnings

Wall Street Journal - 30 Oct 2024 00:37
Woolworths Cuts Expectations for Australian Food Earnings Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost of living pressures.
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Study finds LLMs can identify their own mistakes

Venture Beat - 30 Oct 2024 00:17
It turns out that LLMs encode quite a bit of knowledge about the truthfulness of their answers, even when they give the wrong one.
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On a Wednesday earnings call, Starbucks CEO Brian Niccol said the chain will stop charging extra for non-dairy milk substitutions beginning next month.
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Investors are expecting that Niccol will share more details about his turnaround strategy during the company's conference call, scheduled for 5 p.m. ET.
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