Forecast for the week of October 21-25, 2024

Forecast for the week of October 21-25, 2024

Earnings next week will play a crucial role in determining the direction of the stock market. A significant number of companies are set to report their third-quarter results in the coming days, with approximately 20% of the S&P 500 index expected to release their earnings. Some of the notable names include Amazon and Tesla, which … Read more

Macron Learns the Meaning of Power Sharing and Is Unhappy about It

Macron Learns the Meaning of Power Sharing and Is Unhappy about It

(Bloomberg) — Emmanuel Macron’s diminished authority in France’s power-sharing government appears to be taking a toll. Most Read from Bloomberg Macron’s tirade against his cabinet ministers, journalists and political commentators, accusing them of “a lack of professionalism” for leaking remarks he made about Israel, cast the French president in an uncharacteristic light this week. “I … Read more

Bank of America predicts Nvidia stock could rise by 38% due to exceptional AI opportunity

Bank of America predicts Nvidia stock could rise by 38% due to exceptional AI opportunity

Bank of America analysts recently increased their price target for Nvidia stock to $190 per share. They believe that the AI market is poised to reach $400 billion, presenting Nvidia with a significant opportunity for growth. The analysts highlighted Nvidia’s competitive advantage over its rivals, citing strong partnerships with enterprise clients as a key factor … Read more

Title: Hollywood’s Confidence in Gladiator II as a Blockbuster Action and Adventure Film

Title: Hollywood’s Confidence in Gladiator II as a Blockbuster Action and Adventure Film

What we know about Gladiator II Paul Mescal is playing Russell Crowe’s sonAs all roads lead to Rome, so Gladiator II also sees a brave warrior forced into the arena to unseat effete rulers. This time round it’s Lucius Verus II (Mescal), who has been living peacefully in north Africa until a conquering army hastens … Read more

Europe faces a critical moment as Ukraine conflict escalates and Joe Biden’s time runs out

Europe faces a critical moment as Ukraine conflict escalates and Joe Biden’s time runs out

The conflict in Ukraine, following Russia’s full-scale invasion, is the most severe war this continent has seen since World War Two. Europe has once again turned to the US for coordinated leadership and military support, just as it did 80 years ago. President Biden has emphasized the need for more action, stating, “We must continue … Read more

Cuba begins gradual power restoration following widespread blackout, reports Reuters

Cuba begins gradual power restoration following widespread blackout, reports Reuters

By Dave Sherwood and Marianna Parraga Cuba has restored a trickle of power to its grid by mid-evening on Friday, officials said, hours after the island plunged into a countrywide blackout following the collapse of one of its major power plants. The vast majority of the country’s 10 million residents were still in the dark … Read more

Is a ‘full fat’ Budget unattainable – what compromises need to be made?

Is a ‘full fat’ Budget unattainable – what compromises need to be made?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the July election, voters demanded a responsible government that would borrow wisely, fix public services, grow the economy, and minimize tax increases. Labour promised all of this. Now in government, they have to face … Read more

Victoria Baths hosts the Great Northern Contemporary Craft Fair

Victoria Baths hosts the Great Northern Contemporary Craft Fair

Over 200 UK makers will be in attendance at the Great Northern Contemporary Craft Fair, from established artists to new talent. In its 17th year, the fair, which opens today (October 18) is offering one-of-a-kind handmade pieces sold by a host of independent makers. Victoria Scholes, development director of the fair, said: “You won’t see … Read more