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By Juveria Tabassum (Reuters) – Walmart (NYSE:) shares are set for their best yearly gains in over two decades as the retail behemoth’s low prices for everyday essentials give it an edge over competitors facing weak demand from budget-conscious consumers. The stock has gained about 60% so far this year,…
By Melanie Burton MELBOURNE (Reuters) – BHP Group (NYSE:) is likely to flesh out plans next week to spend at least $7 billion over the coming years to recover more metal from the world’s biggest mine, Escondida in Chile, investors and analysts said on Thursday. The world’s biggest listed miner…
Earnings season continues as we highlight companies expected to report earnings the next trading day, helping investors prepare for the upcoming market action. Leading the charge are Occidental Petroleum (NYSE:), Skyworks Solutions (NASDAQ:), and Zoominfo Technologies, along with numerous other firms across various sectors. Earnings After the Close: • Occidental…
By Aidan Lewis (JO:) and Patrick Werr CAIRO (Reuters) – Egypt’s Suez Canal Economic Zone (SCEZ) has invested $3 billion on infrastructure over the past few years and has plans to invest a similar amount over the next few years as it works to attract investors, its chairman said in…
(Refiles to correct spelling of “Kamala” in second paragraph) By Lisa Pauline Mattackal and Ankika Biswas (Reuters) -U.S. stock index futures were set to open slightly higher on Tuesday as voting began in a tightly contested presidential election, with traders girding up for volatile trading over the next few sessions…
By Lisa Pauline Mattackal (Reuters) -Wall Street was set to open lower on Thursday as warnings from Meta Platforms (NASDAQ:) and Microsoft (NASDAQ:) about rising AI costs sobered some of the buzz around megacap stocks, which have been the market’s primary driver this year. Shares of Facebook-owner Meta dipped 1.4%…
By Lisa Pauline Mattackal (Reuters) -U.S. stock indexes were set for a subdued open on Wednesday, as investors assessed mixed corporate results and parsed crucial data that showed the economy had maintained a steady pace of third-quarter growth. Shares of Alphabet (NASDAQ:), the first of the five “Magnificent Seven” megacap…
By Akash Sriram and Aditya Soni (Reuters) – Apple (NASDAQ:) is expected to report its biggest quarterly revenue jump in two years on Thursday, with iPhone demand faring better than recent years toward the end of the company’s annual release cycle, especially in China. The results will provide investors the…
By Arsheeya Bajwa (Reuters) – Intel (NASDAQ:) is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of data center and personal computer market share for the once iconic American chipmaker. Shareholders have turned their focus to CEO Pat Gelsinger’s attempts to…
For Sinead Mulhern, life in Toronto felt too fast-paced, stressful, and expensive.She saved up for a yearlong adventure in South America, planning to move back to Canada at the end.Now, after living in Cuenca, Ecuador, for 6 years, she feels stable, curious, and engaged. I often think back to the…
