Delta Air Lines Stock Rises as Revenue, Adjusted Earnings Top Estimates
Delta Air Lines on Friday reported fourth-quarter fiscal 2024 revenue and adjusted earnings that topped analysts' estimates.
Delta Air Lines on Friday reported fourth-quarter fiscal 2024 revenue and adjusted earnings that topped analysts' estimates.
The Wall Street brokerage forecast the MSCI All Country World Index Local, a benchmark performance gauge of world stocks, to hit 1,140 points by the end of this year, implying a 10% upside to its last close of 1,035.46. Citi estimated a 10% earnings-per-share(EPS) growth for global equities, slightly below analyst consensus of 13%, adding that U.S. and emerging market regions could see the strongest EPS growth of about 15%. Maintaining its "overweight" stance on U.S. equities, Citi said President-elect Donald Trump's policies are "a key source of uncertainty, as tariffs, tax cuts and deregulation will bring a complicated mix of favorable and adverse economic effects."
AMD shares have lost nearly $80 billion in market value over the past three months.
A strong jobs report in December could signal tailwinds — or a seasonal one-off.
Traders' confidence in the pound has taken its biggest dive this week since the 2022 UK budget crisis, according to the options market, as a global bond selloff added to growing unease over Britain's finances and sent bond yields to 16-year highs. The options market shows traders are positioned more bearishly against the pound than at any time since early 2023, as the market was emerging from the wild swings unleashed by then-Prime Minister Liz Truss' mini-budget in September 2022. This week, 10-year gilt yields have risen by a quarter point to a high of 4.925%, the most since 2008, echoing a sell-off in U.S. Treasuries that has rippled through global bond markets, punishing UK debt harder than most.
Every investor is in the markets to find a return, and there are as many investing strategies as there are investors. Some prefer to play defense, looking for stocks that will offer slow and steady returns no matter what happens, while others prefer a more aggressive stance, finding higher-risk stocks that generate larger returns in the short run. And some investors prefer a balanced strategy, combining both low- and high-risk shares. Dividend stocks form a key part of any stock strategy, as eit
The 10-year Treasury yield's recent rise has tipped stocks into a bundle of nerves despite the market doing just fine.
Money market account rates vary widely. So which banks are offering the best money market account rates today? Find out here.
Changes to a dated rule this week mean certain alcoholic beverages sold in cans now have the option to be packaged in glass.
(Bloomberg) -- Too many jobs? Stocks fall. Too few jobs? Stocks still fall.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’That’s the message from Wall Street as fresh uncertainty about the rates path and the economy is creating a double tail