Investing.com– U.S. stocks experienced a slight decline on Wednesday, largely due to a disappointing growth update. However, the losses were mitigated by a surge in Alphabet, the parent company of Google, following strong quarterly earnings. At 09:35 ET (13:35 GMT), the Dow Jones Industrial Average fell 32 points, or 0.1%, the S&P 500 index dropped … Read more
Vita Coco Company (COCO), a prominent player in the beverage industry, has recently achieved a new 52-week high, with its stock price surging to $31.44. This milestone reflects a significant upward trend for the company, as its stock value has increased by 12.18% over the past year. Investors have shown growing confidence in Vita Coco’s … Read more
Investing.com — Caterpillar Inc. reported third-quarter earnings and revenue that fell short of analyst expectations, sending shares down 5.3% in early trading on Wednesday. The heavy machinery manufacturer posted adjusted earnings per share of $5.17, missing the consensus estimate of $5.35. Revenue for the quarter came in at $16.1 billion, below the $16.37 billion analysts … Read more
Investing.com – European stock markets saw a slight decline on Wednesday as investors analyzed more quarterly earnings results and awaited regional growth data as well as the UK budget. At 04:15 ET (08:15 GMT), the DAX in Germany traded 0.4% lower, the CAC 40 in France fell 0.8%, and the FTSE 100 in the U.K. … Read more
Medallion Financial Corp. reported its third-quarter results for 2024, showcasing several highlights. Net income for the quarter was $8.6 million, or $0.37 per share, a decrease from the previous year’s quarter. Despite this, net interest income saw an 8% growth to $52.7 million, with loan originations reaching $275.6 million. The total loans grew by 13% … Read more
Investing.com — Markets are increasingly factoring in the possibility of a Donald Trump victory and Republican control of Congress. However, Gavekal Research has warned that current polls do not necessarily support the expectation of a “red wave” and this could lead to a potential “violent reversal” in U.S. stocks. Tan Kai Xian from Gavekal Research … Read more
Saudi Arabia stocks closed higher on Tuesday, with gains in the , and sectors leading shares higher. At the close, the added 0.07%. Some of the best performers of the session on the were Al Baha Investment and Development Company SJSC (TADAWUL:), which rose 8.33%, Zamil Industrial Investment Co (TADAWUL:) which added 6.39%, and Saudi … Read more
Bitcoin surged in evening trading on Monday, briefly surpassing key levels amidst increasing speculation of a Republican victory in the upcoming U.S. elections. Positive technical indicators also contributed to its strength. The cryptocurrency rose by up to 3% to reach a three-month high of $70,203.4, disregarding recent concerns surrounding reports of the U.S. government investigating … Read more
TFI International Inc., a leading transportation and logistics company in North America, has announced the approval of the renewal of its normal course issuer bid (NCIB) by the Toronto Stock Exchange (TSX). Under the renewed NCIB, TFI International is authorized to repurchase a maximum of 7,918,102 common shares, which represents 10% of the company’s public … Read more
In a volatile market environment, BDMD stock has hit a 52-week low, trading at $2.77. This price level reflects the ongoing challenges facing the company, as investors react to various external and internal factors impacting its performance. Over the past year, the stock has seen a significant decline, in line with ExcelFin Acquisition’s 1-year change … Read more