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BofA sees biggest jump in investor optimism, growth expectations since 2020

Investing.com — Investor sentiment has surged to its highest level since mid-2020, according to Bank of America’s October Global Fund Manager Survey. The…
Economy

PIMCO says UK budget unlikely to shock markets, gilts look attractive

By William Schomberg and David Milliken LONDON (Reuters) – Britain’s new government is unlikely to upset investors in its first budget this…
Stock

Coinbase stock volatility to rise in coming months, Citi warns

Investing.com — Citi analysts cautioned in a note Wednesday that Coinbase (NASDAQ:COIN) stock may experience heightened volatility in the coming weeks, driven by…
Stock

Musk’s SpaceX sues California panel, alleges political bias over rocket launches

By Mike Scarcella WASHINGTON (Reuters) -Billionaire Elon Musk’s SpaceX has sued a California commission in federal court, accusing panel members of political…
Stock

European tech, luxury stocks tumble as ASML, LVMH results disappoint

By Paolo Laudani and Ankika Biswas (Reuters) – Europe’s tech and luxury stocks slumped on Wednesday after disappointing results from industry heavyweights…
Stock

Abbott bumps up profit forecast on strong medical device sales

(Reuters) -Abbott Laboratories slightly lifted its annual profit forecast on Wednesday, after beating Wall Street estimates for quarterly earnings on strong demand…
Stock

Wall Street mixed as megacap tech stocks fall; banks gain

By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) -The Dow regained some lost ground on Wednesday although the S&P 500 and the…
Stock

U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 1.00%

Investing.com – U.K. stocks were higher after the close on Wednesday, as gains in the Mining, Household Goods & Home Construction and…
Stock

Stellantis recalls 54,000 hybrid SUVs worldwide over brake pedal defect

WASHINGTON (Reuters) – Carmaker Stellantis (NYSE:STLA) said on Wednesday it is recalling 54,000 hybrid crossover SUVs worldwide because the brake pedal in…
Stock

General Motors to contribute $625 million to new JV with Lithium Americas

(Reuters) -Canadian miner Lithium Americas (NYSE:LAC) said on Wednesday General Motors (NYSE:GM) will contribute $625 million to their new joint venture for…
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