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Tuesday, September 17, 2024

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Stock Market

Jabil gives downbeat earnings outlook, sending its stock lower

Jabil called out “revenue headwinds” as it posted slightly disappointing top-line results for its latest quarter and issued a downbeat outlook. Source link

Rivian’s stock is a risky bet. Why this analyst now says it’s one worth making.

Piper Sandler upgraded Rivian shares to a bullish rating, calling the company’s new lineup “just so cool.” Source link

Apple reportedly buys AI startup ahead of its own push

Apple has reportedly acquired a Canadian artificial intelligence startup, ahead of the company’s planned rollout later this year. Source link

Volkswagen and Porsche SE are stuck in Wall Street’s pits. Stock investors, start your engines.

Large stakes in two undervalued German carmakers have put a wrench in the shares of holding company Porsche SE. Source link

Japanese large companies to give biggest pay bump in 33 years, union says

Japan’s largest labor confederation said large companies will be giving the highest pay raise in 33 years, possibly setting the stage for the...

These three little words can bring you big success in the stock market

The power of ‘I don’t know.’ Source link

Popular QQQ ETF is losing steam this month — even as growth stocks outperform in 2024

This week’s ETF Wrap digs into the performance of the technology-heavy Invesco QQQ Trust Series I, as investors eye the mixed performance of...

Adobe had a strong quarter, but stock sinks as analysts want more digital-media revenue

Adobe Inc.’s stock dipped 11% in extended trading Thursday after the company posted robust quarterly results that highlighted its AI push ahead of...

Italian regulators fine TikTok over harmful content

Italy’s competition watchdog fined TikTok 10 million euros ($10.9 million), saying the company isn’t doing enough to prevent the dissemination of what it...

‘She was heavily medicated’: My cousin forced my elderly mother to sign over her share of the family home. What can we do?

“She signed out of fear and after she had just gotten out of the hospital.” Source link

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