Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia. Contributor | Getty Images News | Getty ImagesGlobal stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world’s two largest nuclear powers: Russia and the U.S.Europe’s Stoxx 600 stock index was down almost 1% at 12:23 p.m. London time, hitting 498.56 — its lowest level since August. In the U.S., stock futures tied to the Dow Jones Industrial Average fell 0.5%, S&P futures slid around 0.2%, while Nasdaq 100 futures lost 0.1%.The declines come after Russian President Vladimir Putin amended…
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Image source: Getty Images The Imperial Brands (LSE: IMB) share price is up 2% as I write, on FY results day (19 November). That’s not huge, but we’re looking at 36% so far in 2024 and 40% in the past five years. And the dividend is up 4.5% this year to 153.42p, for a 6.25% yield on the current price. Not extinguished yet That’s a strong look for an industry that’s supposed to be dying. If true, Imperial Brands’ customers don’t seem to have noticed. Net revenue from tobacco and next-generation products rose 4.6%. That’s on an adjusted basis and…
Gold features in more portfolios and sentiment is high. Source link
Bloomberg Businessweek Podcast • Browse all episodesBloomberg Businessweek: VC Investing in MENABloomberg BusinessweekVC Investing in MENAWhat would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg Audience Survey https://bit.ly/48b5Rdn Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Noor Sweid, Founder of Global Ventures, discusses venture capital investing in the Middle East and Africa. Bloomberg News Tech Features Writer Ellen Huet provides the details of her Businessweek Magazine story Trump’s Anti-Regulation Pitch Is What AI Industry Wants to Hear. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.Nov 19, 2024…
OSLO – Opera (NASDAQ:) Limited [NASDAQ: OPRA], the Norwegian browser developer, has announced a collaboration with Spotify (NYSE:), the leading audio streaming service, to integrate music and podcast streaming directly into the Opera One browser. This partnership introduces Spotify as the default service in Opera’s Music Player, aiming to streamline the audio experience for users navigating the web. The newly upgraded Opera One browser, which was released last month, features the Music Player in its sidebar, allowing users to control their Spotify playlists without disrupting their browsing activities. The player can be detached and moved around the screen, offering flexibility…
(Reuters) -Home improvement retailer Lowe’s (LOW) forecast a slower-than-expected drop in annual comparable sales on Tuesday as a pickup in hurricane-related demand and favorable weather boosted quarterly sales, even as big-ticket spending remained strained. The company also reported a smaller drop in third-quarter comparable sales than anticipated, in line with bigger rival Home Depot, which last week cited higher demand for building materials and paints amid hurricane rebuilding efforts. Hurricanes Helene and Milton devastated parts of the United States, including Florida and North Carolina, causing extensive damage to homes, bridges, power infrastructure and crops. “Our results this quarter were modestly…
Image source: Getty Images Amazon‘s (NASDAQ: AMZN) the largest holding in my portfolio right now. So it’s fair to say that I’m bullish on the US growth stock. This year it’s done really well, rising about 33%. However, I see room for more share price gains from here – I reckon the stock’s just getting started. Why I’ve gone all in on Amazon I’ve been banging on about Amazon for a while now. And it looks like my investment thesis is finally playing out. Recently, the stock hit new all-time highs. And over the last month, it’s outperformed other ‘Magnificent…
(Reuters) -Home improvement retailer Lowe’s Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday as a pickup in hurricane-related demand and favorable weather boosted quarterly sales, even as big-ticket spending remained strained. The company also reported a smaller drop in third-quarter comparable sales than anticipated, in line with bigger rival Home Depot (NYSE:), which last week cited higher demand for building materials and paints amid hurricane rebuilding efforts. Hurricanes Helene and Milton devastated parts of the United States, including Florida and North Carolina, causing extensive damage to homes, bridges, power infrastructure and crops. “Our results this quarter were…
The country may have fallen out of favour with some investors, but are they missing out? Source link
CNN — In the first quarter of this year, the price of bitcoin broke records in the wake of approval by the Securities and Exchange Commission for the first exchange-traded spot bitcoin funds. The cryptocurrency topped $70,000 in March, according to coinmarketcap.com. Then, with crypto advocates buoyed by Donald Trump’s win in the US presidential election this month, the price of bitcoin hit a record $80,000 less than two weeks ago. And as of Monday this week, it was trading north of $90,000. Bitcoin evangelists are confident it will keep climbing as they anticipate a friendlier regulatory environment under the…