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Market News

Location American Market News for 31 October 2024

U.S. Natural Gas Slips Ahead of Storage Data

Wall Street Journal - 31 Oct 2024 15:28
Natural gas futures fell ahead of weekly inventory data as mild near-term weather forecasts keep a lid on expected demand.
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Big Tech Earnings Drag Down Stocks

Wall Street Journal - 31 Oct 2024 23:07
The Nasdaq Composite suffers its worst day in nearly two months; Meta shares fall.
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Intel reported better-than-expected revenue following a quarter filled with challenges.
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Shares of the industrial gas supplier dropped around 3% in a down market.
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Given Eaton stock's year-to-date outperformance, it's not too surprising to see some profit taking on the mixed print.
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Wall Street has cheered Amazon CEO Andy Jassy's cost-cutting efforts, with the company's shares up about 23% year to date.
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Shares of Nextracker jumped 22% on the back of stronger-than-expected results and an increase to its project backlog.
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Over the past 50 years or so, active funds' returns have converged toward those of their underlying indexes, research finds. Small-cap funds are the exception.
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Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.
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Comcast beat third-quarter earnings estimates as the Summer Olympics in Paris boosted NBCUniversal's revenue and Peacock's subscriber count.
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The pharmaceutical giant also raised its full-year revenue forecast to an increase of roughly 5%.
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Big Tech Is Paving the Way for a Nuclear Breakthrough

Wall Street Journal - 31 Oct 2024 13:00
Small modular reactors could eventually make the power source cheaper, safer and faster to build.
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How to pay insurance premiums with credit cards? A step-by-step guide Credit cards: Using credit cards for insurance premiums offers flexibility but requires careful consideration of fees and repayment ability. Setting up auto-debit can simplify payments, but may complicate future provider...
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HDFC Bank offers credit cards without annual fee during festival season. Details here Credit cards: HDFC Bank's festival offer waives annual fees on select credit cards until December 31, but customers must meet spending requirements to avoid charges. Those with strong credit profiles may receive lifetime...
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Sharply rising capital investments show no sign of slowing as the latest reports fail to excite investors.
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British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.
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Planning to open PPF account online on Diwali 2024? Here are three new Public Provident Fund rules that you MUST know The Public Provident Fund (PPF) offers a low-risk investment with a 7.10% interest rate. The changes, effective October 1, 2024, limit individuals to one PPF account per child, with excess accounts earning only 4% intere...
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Auto giant Stellantis on Thursday reported a 27% decline in third-quarter revenues, but said it was making headway in addressing operational issues like U.S. inventories.
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What if you transfer money to a wrong account? Here's how family lost ₹6 lakh after tuition fee transfer error A family from Miryalaguda lost ₹6 lakh after mistakenly transferring tuition fees to the wrong U.S. account. Despite efforts to recover the funds, the bank cited privacy reasons and the family struggles to settle the o...
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Brace for further tax rises, warns IFS

Telegraph - 31 Oct 2024 09:30
Brace for further tax rises, warns IFS British households should brace for further tax rises, a leading think tank has warned.
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How to take a loan against stocks to tackle a cash crunch You need to pay interest only on the utilized amount when you avail loan against share facility
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PPF calculator: Your ₹12,500 monthly savings can create nearly 41 lakh corpus in 15 years. Here is how Investors can contribute between ₹500 and ₹1.5 lakh annually to a PPF account, which offers a 7.1% interest rate. With monthly investments of ₹12,500, one can accumulate nearly ₹1.5 crore over 30 years, benefitin...
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