Investing.com– U.S. stock index futures rose slightly in evening deals on Monday, regaining some ground after Wall Street clocked steep losses in recent sessions as investors hunkered down before a tight presidential election and a Fed meeting. Futures steadied after Wall Street indexes fell on Monday, extending losses from last week as risk appetite remained strained by anticipation of several key events this week. Strong inflation readings from last week also weighed as markets braced for a less dovish Federal Reserve. rose 0.1% to 5,748.0 points, while rose 0.1% to 20,110.0 points by 18:13 ET (23:13 GMT). rose 0.1% to…
Author: user
Ben Thornley, co-founder at Tideline, looks at how value creation practices bring a manager’s impact credentials into sharper focus, the strong positive correlation between impact and financial performance, and the role of allocators in incentivizing and enabling managers to deliver impact value. Source link
Turkey is hopeful that a breakthrough could encourage Chinese companies including BYD Co., the world’s biggest maker of electric cars, to consider producing batteries following a recent deal to make EVs in the country, the people said. President Recep Tayyip Erdogan met President Xi Jinping in Kazakhstan in early July and discussed cooperation with China in developing the metals, the people said. The Turkish Energy and Natural Resources Ministry declined to comment. China’s Ministry of Commerce didn’t respond to a request for comment. Two years ago, Turkey discovered what it described as a large reserve of rare earth elements in…
(Bloomberg) — Palantir Technologies Inc. reported quarterly revenue that beat analysts’ estimates and raised its forecast for operating income in the current period, citing high demand in the US for its artificial intelligence software. Most Read from Bloomberg The company’s stock jumped about 13% in after-hours trading following the report. Third-quarter sales increased 30% to $725.5 million, the Denver-based company said Monday in a statement. Analysts, on average, estimated $703.7 million, according to data compiled by Bloomberg. Palantir also reported net income of $144 million, a record for the company. “The growth of our business is accelerating, and our financial…
Hyundai has revealed its latest concept vehicle, the Initium hydrogen fuel cell electric vehicle (FCEV), which boasts an impressive range of 403 miles. This concept not only showcases Hyundai’s commitment to hydrogen technology but also introduces a new design philosophy called “Art of Steel,” emphasizing a customer-focused approach to its aesthetics and functionality. The name “Initium,” which means “beginning” or “first” in Latin, signifies the start of Hyundai’s new hydrogen initiative, reflecting over 27 years of development in hydrogen technology. Jaehoon Chang, President and CEO of Hyundai Motor Company, highlighted the company’s vision for a future where hydrogen is widely…
CHICAGO—Martin J. Gepsman, a director at CME Group Inc. (NASDAQ:), has recently sold shares in the company, according to a filing with the Securities and Exchange Commission. The transaction, which took place on November 4, involved the sale of 400 shares of Common Stock Class A at a price of $222.92 per share, amounting to a total value of $89,168. Following this transaction, Gepsman holds 25,067 shares directly in the company. This sale is part of a routine disclosure required for company insiders who buy or sell stock in their own company, providing transparency and insight into insider trading activities.…
Pontiac, a beloved name in American muscle cars, is well-remembered for its iconic models like the GTO and Firebird Trans Am. Despite its popularity, Pontiac never produced a big block V8 engine, a decision that set it apart from competitors like Ford and Chevrolet. Instead, Pontiac focused on modifying its existing small block engines to deliver impressive power without the need for larger engine designs. Most American car manufacturers in the 1960s and 1970s created both small-block and big-block engines. Big blocks typically had larger capacities, often exceeding 400 cubic inches. In contrast, Pontiac chose to evolve its smaller engines,…
The 1960s marked a golden age for muscle cars, and Chevrolet was at the forefront with popular models like the Camaro and Chevelle. However, among these celebrated vehicles, one of the rarest muscle cars produced during this time is the 1969 Chevrolet Yenko Nova S/C 427. This unique car stands out for its limited production and powerful performance. Don Yenko, a dealer from Pennsylvania, modified several Chevy models, including the Nova. While Chevrolet didn’t originally offer a 427 V8 engine in the Nova due to safety concerns, Yenko ordered 38 Nova SS 396 models and converted them with crate engines…
Image source: Getty Images The world holds its breath in anticipation as a nail-biting US election looms, threatening market volatility. UK shares have not escaped the effects, with some suffering notable declines in recent weeks. Over this past weekend, I took stock of the FTSE 100 shares in my portfolio. I found three that I feel are trading significantly below their fair value. Here, I’m going to highlight why these valuations look attractive to me. If I weren’t already invested, I’d consider buying these big names in November. Taylor Wimpey Taylor Wimpey (LSE: TW) is one of the most affordable…
EXOMOD, known for transforming classic muscle cars, has revealed its latest creation: the “Rapper’s Delight” Dodge Charger. This exceptional build combines elements from the 2022 Dodge Challenger SRT Hellcat Redeye with a custom-made widebody design reminiscent of the 1968 Charger. The car features full-transparent carbon fiber panels tinted in Kandy Apple Red, enhanced by striking gold stripes. The Charger’s build took over 2,000 hours to complete and showcased a powerful drivetrain. It swaps the standard Hellcat V8 for a Hennessey-tuned engine that generates an impressive 1,000 horsepower and 948 lb-ft of torque. This powerhouse is paired with an 8-speed Torqueflite…