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Why Wolfspeed Stock Is Plummeting Today – Yahoo Finance

wolf speed (NYSE:Wolf) The stock price has tumbled in Thursday trading following the company's latest quarterly report. The chip specialist's stock price was down 33.2% as of 1pm ET. After the market closed yesterday, Wolfspeed announced its first quarter results for the current fiscal year, which ended September 29th. The company posted a smaller-than-expected loss […]

German government on brink of collapse after Olaf Scholz sacks finance minister | Germany

The German government is on the brink of collapse after Chancellor Olaf Scholz abruptly sacked the finance minister, plunging Europe's largest economy into political turmoil. Christian Linder was removed from the three-way coalition at a senior government meeting on Wednesday night after months of bitter infighting that increased the government's unpopularity. Government insiders have suggested […]

S&P 500 futures soar to record high after Trump claims victory – Yahoo Finance

Written by Lisa Pauline Matakkal and Ankika Biswas (Reuters) – Wall Street's major indexes rose to record highs on Wednesday after Republican Donald Trump won the 2024 U.S. presidential election in a remarkable comeback four years after losing the White House. . Wall Street expects U.S. president to be quick to slam tax cuts, deregulation […]

Some Bank of Canada Officials Feared Jumbo Cut Would Be Misread – Yahoo Finance

(Bloomberg) — Some Bank of Canada officials worried that a half-percentage point rate cut could be misinterpreted as a sign of economic troubles. Most Read Articles on Bloomberg A summary of October's interest rate decision deliberations shows that some on the bank's board believe that if borrowing costs are lower than usual, investors and Canadians […]

Euro, yen bounce as dollar stalls near three-month highs – Yahoo Finance

Written by Kevin Buckland and Medha Singh TOKYO/LONDON (Reuters) – The U.S. dollar stalled near three-month highs against other major currencies on Thursday, supported by expectations that the pace of interest rate cuts by the Federal Reserve will slow, while the dollar weakened against the euro. The Japanese yen has risen from recent lows. . […]

Stocks Waver on US Election Risks, Yen Advances: Markets Wrap – Yahoo Finance

(Bloomberg) — European stocks rose on a number of strong earnings results, while U.S. stock futures pointed to gains on Wall Street after Tesla Inc. reported surprising results. Most Read Articles on Bloomberg The Stoxx 600 rose 0.5%, supported by strong results from Barclays, Unilever and Hermès. Nasdaq 100 futures rose 0.7% and the stock […]

Tech Stocks Up in Late Trading as Tesla Surges 9%: Markets Wrap – Yahoo Finance

(Bloomberg) — Big tech stocks rose late as Tesla Inc. started the Magnificent Seven earnings season with strong results. Bond yields rose on expectations that the Federal Reserve will take a cautious approach to lowering interest rates. Most Read Articles on Bloomberg Following Wednesday's stock market decline, Wall Street pointed to a rebound led by […]