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Tesla Stock Climbs On Upbeat Earnings, FY24 Volume Growth View

Shares of Tesla Inc. climbed more than 12 percent in the after-hours on Wednesday and are currently up around 11 percent in the pre-market activity on the Nasdaq after the luxury electric vehicle maker reported higher profit in its third quarter, above market estimates, benefited by volume growth. Looking ahead to fiscal 2024, the company projects slight growth in vehicle deliveries...
RTTNews | Pred 33 dňami
European Shares Rise On Earnings Boost, Rate Cut Hopes

European Shares Rise On Earnings Boost, Rate Cut Hopes

European stocks climbed on Thursday as strong earnings from a slew of companies and dovish comments from Bank of England (BoE) Governor Andrew Bailey offset disappointing business activity readings from the region.
RTTNews | Pred 33 dňami
FTSE 100 Rallies On Rate Cut Hopes

FTSE 100 Rallies On Rate Cut Hopes

U.K. stocks rose notably on Thursday after Bank of England (BoE) Governor Andrew Bailey said that U.K. inflation is fading more rapidly than central bankers expected, boosting bets on another rate cut on Nov. 7.
RTTNews | Pred 33 dňami
Eurozone Private Sector Activity Shrinks

Eurozone Private Sector Activity Shrinks

Eurozone private sector activity shrank moderately in October on continuing contraction in manufacturing, flash survey data from S&P Global showed on Thursday. The HCOB flash composite output index rose slightly to 49.7 in October from 49.6 a month ago. The reading was seen at 49.8. Business activity in the currency bloc dropped marginally for the second straight month.
RTTNews | Pred 33 dňami
CAC 40 Climbs On Earnings

CAC 40 Climbs On Earnings

French stocks climbed on Thursday as upbeat earnings results outweighed signs of weakness in the economy.
RTTNews | Pred 33 dňami
German Private Sector Downturn Eases In October

German Private Sector Downturn Eases In October

Germany's private sector downturn slowed marginally in October as output dropped at a slightly slower pace and business expectations picked up, the latest HCOB Purchasing Managers' survey compiled by S&P Global showed Thursday. The flash composite output index rose to 48.4 in October from September's seven-month low of 47.5. The score was also above forecast of 47.6.
RTTNews | Pred 33 dňami
DAX Gains On Economic Optimism

DAX Gains On Economic Optimism

German stocks traded higher on Thursday after a business survey showed German business activity contracted less steeply than the previous month in October.
RTTNews | Pred 33 dňami
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Asian Shares Mostly Lower On US Election Uncertainty

Asian Shares Mostly Lower On US Election Uncertainty

Asian stocks ended mostly lower on Thursday as rising yields on uncertainty over the U.S. election outcome weighed on the tech sector. Tesla's forecast-beating earnings provided some comfort for investors, helping limit regional losses.
RTTNews | Pred 33 dňami
French Manufacturing Sentiment Deteriorates In October

French Manufacturing Sentiment Deteriorates In October

France's manufacturing confidence weakened sharply in October, survey data from the statistical office INSEE showed on Thursday. The business climate index fell to 92 in October from 99 in September. The score deviated sharply from its long-term average of 100. Moreover, excluding the COVID-19 pandemic period, this was the biggest monthly fall since November 2008.
RTTNews | Pred 33 dňami
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the Asian session on Thursday.
RTTNews | Pred 33 dňami
Japan Private Sector Contracts For First Time In 4 Months

Japan Private Sector Contracts For First Time In 4 Months

Japan's private sector fell into the contraction zone for the first time in four months in October, the Purchasing Managers' survey compiled by S&P Global showed on Thursday. The au Jibun Bank flash composite output index posted 49.4 compared to 52.0 in the previous month. A score below 50 suggests contraction. Both manufacturing and services shrank in October due to a muted economy.
RTTNews | Pred 33 dňami
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash Purchasing Managers' survey data from the euro area and the UK are the top economic news due on Thursday. At 2.45 am ET, France's statistical office INSEE publishes business sentiment survey data. The business confidence index is expected to fall to 98 in October from 99 in the previous month.
RTTNews | Pred 33 dňami

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