Markets edge higher to start December. Movers: Super Micro, Lululemon, Norwegian Cruise Line
Here are the stocks making the biggest market moves midday.
What Analysts Think of Kroger Stock Ahead of Earnings
Kroger is set to report third-quarter results ahead of market open Thursday, with the grocery giant awaiting a decision on the FTC's legal challenge to its proposed merger with Albertsons.
America Movil to Issue More Peso Bonds as Market Grows, CFO Says
(Bloomberg) -- America Movil SAB plans to issue more peso-denominated debt, prioritizing the Mexican market as the telecommunications company looks to align its financing structure with its revenues, its finance chief said.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionMexico City-based America Movil, which provides broadband, wireless and other services across Latin America, generates a sizeable
Factbox-As CEO Tavares leaves Stellantis, market speculates on successor
Carlos Tavares abruptly resigned on Sunday as CEO of Stellantis, two months after a profit warning, and the carmaker said it would seek to appoint a permanent successor in the first half of next year. The Stellantis board is considering the head of North American operations Antonio Filosa and procurement Chief Maxime Picat as internal candidates for the CEO position, a source close to the matter said on Monday. In the meantime the maker of brands including Jeep, Ram, Fiat and Peugeot, will be run by a newly-established Interim Executive Committee, headed by the group's Chairman John Elkann.
Exclusive-Top Russian banker says sanctions-hit economy will slow in 2025
MOSCOW (Reuters) -Russia's sanctions-hit, militarized economy is expected to slow next year and banks' profits will fall, while the benchmark interest rate may climb to 23% by the end of this year, Andrei Kostin, CEO of Russia's second-largest lender, VTB, said. Kostin predicted that GDP growth will slow to 1.9% in 2025, above the International Monetary Fund's forecast of 1.3%. Kostin cautiously criticized the central bank's hawkish monetary stance, saying the current inflation rate did not require a benchmark interest rate "three times this level".
Crypto industry anticipates regulatory clarity as SEC chair steps down
Stablecoins, regulation, and Bitcoin’s future come into focus after Gensler steps down as SEC Chair.
More Analysts Are Backing Tesla Stock—And the Shares Are Rising
Tesla shares advanced to their highest level in two-and-a-half years as two analysts wrote optimistic opinions about the EV maker's future.
Bitcoin’s next big milestone: Will $200,000 become reality?
Institutional interest and market trends fuel Bitcoin predictions, hinting at unprecedented growth ahead.
S&P 500 Companies' Quarterly Earnings Tracking 8.2% Higher Year Over Year, Oppenheimer Says
S&P 500 companies' latest quarterly earnings are up 8.2% from a year earlier as the reporting cycle
Bitcoin's 'Illiquid' Supply Soars to New All-Time High Near 15M Tokens
Alongside, bitcoin on exchanges have fallen to almost a four-year low, suggesting heightened investor demand.