November 8, 20240 Comments

Stocks making the biggest moves midday: TSLA, ABNB, TOST, PINS

Check out the companies making headlines in midday trading. Tesla — The electric vehicle stock gained nearly 7%, continuing to rally on the heels of Donald Trump winning a second presidential term. The Elon Musk-helmed company saw its market capitalization rise to $1 trillion on Friday. Shares have gained more than 26% this week. Trump Media & Technology — President-elect Donald Trump’s social media company advanced 12% after he said

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November 8, 20240 Comments

Yum Brands (YUM) Q3 2024 earnings

Budrul Chukrut | Lightrocket | Getty Images Yum Brands on Tuesday reported quarterly earnings and revenue that missed Wall Street’s expectation as same-store sales at KFC and Pizza Hut slid more than expected. “The complex consumer environment that exists in many markets around the globe has contributed to pronounced regional sales variations, which has caused our system-sales growth to fall short of our long-term algorithm this year,” CEO David Gibbs said on

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November 8, 20240 Comments

Apple Intelligence AI rollout starts today with release of iOS 18.1

Apple Intelligence has finally arrived.  Apple devices got a little bit smarter on Monday when the tech giant officially released its first Apple Intelligence features in the U.S. through its iOS 18.1 software. The tech giant is rolling out new, AI-powered tools in a phased approach, and a number of AI-enabled features it has touted are still not available.  Apple Intelligence features released Monday include improvements to Siri, which has

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November 8, 20240 Comments

Patek Philippe Cubitus collection marks first new line in 25 years

Introducing the new Patek Philippe Cubitus line. Courtesy: Patek Philippe Storied Swiss watch maker Patek Philippe announced its first new collection in 25 years this week, dubbed the Cubitus line. The new collection comes at a time when luxury watch prices have largely stabilized, fueled by strong demand. Younger investors and collectors began buying up luxury time pieces during the Covid-19 pandemic, but secondhand prices have more recently slumped. The

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November 8, 20240 Comments

Multilateral development banks are stepping into climate breach- EBRD President By Reuters

By Karin Strohecker and Virginia Furness LONDON (Reuters) – Multilateral development banks are putting much more focus on investments to tackle climate change, the president of the European Bank for Reconstruction and Development said this week, amid worries about U.S. climate policy under a Trump administration. “MDBs are really stepping up the number and the action in their level of investment in the green sector,” Odile Renaud-Basso told Reuters late

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November 8, 20240 Comments

European shares log third week of declines on China, tariff jitters By Reuters

By Shashwat Chauhan and Sruthi Shankar (Reuters) -Europe’s benchmark logged its third consecutive week of declines on Friday, hurt by underwhelming stimulus measures from China as well as concerns about tariffs under a Trump presidency hurting economic growth. The pan-European STOXX 600 closed down 0.6%, with China-exposed sectors such as miners and luxury losing more than 3% each. Most major subsectors were in the red barring defensive sectors such as

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November 8, 20240 Comments

Willful: Financial stress is leading to a lack of estate planning

Breadcrumb Trail Links Personal Finance 48% of Canadians have had to access their savings accounts to cover day-to-day expenses Published Nov 04, 2024  •  Last updated 4 days ago  •  3 minute read You can save this article by registering for free here. Or sign-in if you have an account. Canadians say they need another $885 in monthly income to achieve their financial goals. Photo by Getty Images/iStockphoto Reviews and recommendations

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November 8, 20240 Comments

Chinese Nationals Gain Access to Stablecoins in Hong Kong Via Flare, Red Date Technology Trial

“With Hong Kong on the cusp of announcing new stablecoin regulations allowing digital currencies on public blockchains, the introduction of this KYC solution trial gives Mainland Chinese residents their first opportunity to legally hold public chain wallets and transact with stablecoins, such as HKDA, a fiat-referenced Hong Kong Dollar stablecoin issued by IDA. This project signals a possible first step in aligning with China’s long-term approach to integrating blockchain technology,”

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November 8, 20240 Comments

Rekt Raises $1.5 Million Seed Round Backed by Angels and Community, Following Sell-Out Success of Rekt Drinks

November 7, 2024 – Wilmington, Delaware Rekt Brands Inc. (Rekt) – the parent company behind the Rektguy NFT project, Rekt Drinks and the Rekt brand intellectual property – is excited to announce the completion of a $1.5 million seed funding round. Funded exclusively by angel investors and the community – without institutional venture capital – this achievement highlights the support Rekt received from its loyal and growing network. This funding

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