Robots — or automated devices that can execute tasks without human intervention — are witnessing a “new inflection point” and several global stocks are leading in a corner of the ecosystem, according to research firm Bernstein. These stocks are captured under the arc welding segment or “one of the largest robotic applications,” the investment banks’ analysts wrote in an Oct. 23 research note. They also noted that such robots account for around 10% to 20% of annual robot shipments. Arc welding involves the fusion of metal pieces with heat generated by an electric arc. This method is utilized in a…
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Gene Munster, Deepwater Asset Management, joins ‘Fast Money’ to talk Tesla earnings. Source link
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2024.Brendan McDermid | ReutersFutures linked to the S&P 500 traded near the flatline Wednesday night after the index notched a three-day run of losses.S&P 500 futures added 0.1%, while Nasdaq 100 futures rose 0.3%. Dow futures slid 65 points, or nearly 0.2%In after-hours trading, Tesla surged 11% after the electric vehicle manufacturer beat the Street’s profit expectations in the third quarter. Tech giant International Business Machines fell nearly 3% as consulting revenue narrowly missed analysts’ estimates.The Dow ended Wednesday’s session with…
It was a night of notable goals by notable goalscorers as the Champions League returned for matchweek three.Vinicius Junior’s second-half hat-trick at the Bernabeu completed yet another Real Madrid European comeback as visitors Borussia Dortmund went from two goals up after an hour to 5-2 down by the final whistle, the Brazilian making a timely statement ahead of next Monday’s Ballon d’Or ceremony.But there was also an unusual goal from Christian Pulisic, while Viktor Gyokeres and Jhon Duran maintained their hot streaks, the latter helping Aston Villa go clear at the top of the league-phase table.These are the big talking…
Treasury yields are on the ascent, and they could have further to go. The U.S. 10-year Treasury yield topped 4.25% on Wednesday. That is a nice, round number representing a resistance level that, if broken through, could clear the way for further upside, according to Mark Malek, investment chief at Siebert. In fact, the benchmark yield could continue to climb to as high as 4.5%, he said. The yield on the 10-year note was last floating around 4.24%. “If we get over that 4.25% level, certainly, I would be concerned that there’s not too much more support beyond that,” Malek…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailJoe Kudla, Vuori founder & CEO, joins ‘Fast Money’ to talk the brand’s growing presence in the athleisure market, competition in the space, consumer trends and more. Source link
Amazon Prime’s value extends beyond fast, free shipping, with a growing list of perks that make a membership worth the cost. The latest addition? Prime members can now access fuel discounts at thousands of gas stations across the U.S. According to Amazon, this new benefit could help members save up to $70 annually on fuel at participating locations.This move brings Amazon Prime closer in line with Walmart+, which has been offering members gas discounts for several years.Find the best credit card for you by reviewing offers in our credit card marketplace or get personalized offers via CardMatch™.Amazon Prime fuel savings offerAmazon Prime’s new…
Elon Musk wears a black “Make America Great Again” cap while attending a campaign rally with Republican presidential nominee and former President Donald Trump at the Butler Farm Show fairgrounds in Butler, Pennsylvania, on Oct. 5, 2024.Anna Moneymaker | Getty ImagesThe U.S. Department of Justice has warned the super political action committee founded by Elon Musk that its $1 million-per-day voter sweepstakes may violate federal election law, a source familiar with the matter told NBC News on Wednesday.The letter from the DOJ’s Public Integrity Section to America PAC, the group funded largely by Musk to back Republican presidential nominee Donald Trump,…
Lakers defeat Timberwolves in season opener as Bronny James makes history: Live reaction and updatesLOS ANGELES — The James family made history Tuesday night with the patriarch, LeBron James, and his eldest son, Bronny, appearing in the same regular-season game, marking the first time a father-son duo shared the court in the NBA’s 79-year existence.In the 2024-25 season opener, where the Los Angeles Lakers beat the Minnesota Timberwolves 110-103, the big moment happened with 4:00 left in the second quarter when both LeBron and Bronny emerged from the bench together to check into the game.The Lakers were ahead 51-35 at…
Check out the companies making headlines after the bell : T-Mobile U.S. — The telecommunications giant rose about 3% after posting a third-quarter earnings surprise to the upside. T-Mobile reported earnings per share of $2.61 on $20.16 billion in revenue, while analysts polled by LSEG had been looking for earnings of $2.42 per share on revenue of $20.01 billion. Tesla — Shares leapt 9%. The electric vehicle manufacturer reported third-quarter adjusted earnings of 72 cents per share, beating Wall Street’s estimates of 58 cents, per LSEG. Revenue came in slightly below expectations at $25.18 billion, while analysts were looking for…
