Author: Press Room
Investing.com — Tesla’s fourth-quarter 2024 delivery figures, while expected to hit a record high, are unlikely to significantly move the stock, according to a note from Barclays (LON:). Analysts at the bank estimate Q4 deliveries at ~515,000 units, slightly above the consensus estimate of ~511,000 units and representing a 6% year-over-year increase. Barclays highlighted that the delivery numbers, though impressive, have limited weight in shaping Tesla (NASDAQ:)’s current narrative. “Investors overwhelmingly agree that the importance of this Q4 volume print is relatively lower than normal,” the bank stated. They add that Tesla’s strong momentum in recent months has been driven more…
MOSCOW (Reuters) -Russia said on Monday that the situation with European countries that buy its gas through a transit deal via Ukraine is very complicated and needs more attention, after talks between President Vladimir Putin and Slovak Prime Minister Robert Fico. Ukraine has said it will not be renewing a five-year transit deal for Russian gas to Europe, which is due to expire at the end of the year, as it does not want to aid Moscow’s military effort. The flow through Ukraine accounts for around half of Russia’s total pipeline gas exports to Europe. Slovakia, Italy, Austria and Czech…
RiverNorthPhotography/iStock Unreleased via Getty Images Playa Hotels & Resorts (NASDAQ:PLYA) stock rose 11.9% in premarket trade after it confirmed it will engage in exclusive talks with Hyatt Hotels (NYSE:H). The firm said it has executed an exclusivity agreement with Hyatt Hotels (H) and the firms will evaluate
28-year-old Aamanh Sehdev was named a McKinsey partner this December.After joining as a summer intern, he’s climbed the ranks in just seven years.Sehdev spoke to BI about how he heard the news and what helped him progress at McKinsey.Aamanh Sehdev had spent a week in early December trying to distract himself by seeing friends and playing padel.He’d been an associate partner for two of his seven-year career at McKinsey and knew there was a chance he’d be promoted to partner. But there was a low number of elections this year, so he thought it was fifty-fifty.The news usually arrives at…
After the House passed a shutdown-averting spending bill Friday, a very relieved Speaker Mike Johnson proclaimed to reporters that President-elect Donald Trump was “certainly happy about this outcome.” Not by a long shot. Amid the chaos in Washington, I was in Palm Beach talking to people close to the past and future president and called up other confidants afterward. This much became clear to me: Not only is Trump unhappy with the funding deal, he’s unhappy with Johnson, too. He’s unhappy that he didn’t get the debt ceiling hike he made clear he wanted. He felt blindsided by the initial…
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Stay informed with free updatesSimply sign up to the Russian politics myFT Digest — delivered directly to your inbox.Russia is building more than 10 nuclear units abroad as it looks to tap into rising energy demand driven by artificial intelligence and developing markets, according to an envoy of President Vladimir Putin.Moscow is doubling down on efforts to boost its global influence by expanding its nuclear fleet, with plants under construction in countries including Bangladesh, China, Egypt, India, Iran and Turkey. Russia has enhanced its role as a major nuclear energy provider even as the oil and gas sector has faced heavy…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. investors are preparing for a swathe of changes in 2025, from tariffs and deregulation to tax policy, that will ripple through markets as President-elect Donald Trump returns to the White House, putting the focus on whether the U.S. economy can continue to outperform. The changing of the guard in Washington has big implications for how stocks, bonds and currencies fare in the new year and may require investors to rejig portfolios. Forecasts call for another buoyant year for stocks, the dollar to maintain its recent strength over the coming months and…
By Luc Cohen NEW YORK (Reuters) – Luigi Mangione, the man suspected of fatally gunning down UnitedHealth Group (NYSE:) chief executive Brian Thompson on a Manhattan street, is due to be arraigned on Monday on state murder charges that brand him a terrorist. At the hearing in New York state court in Manhattan, Mangione is expected to be asked to enter a plea to the 11-count indictment, which includes three murder charges, including murder as an act of terrorism. If convicted, he faces a maximum sentence of life in prison without the possibility of parole. Mangione’s lawyer Karen Friedman Agnifilo…
Investing.com – The US dollar edged higher Monday, rebounding after the sharp losses at the end of last week on signs of cooling inflationary pressures, while the euro slipped following dovish comments from ECB head Christine Lagarde. At 05:00 ET (10:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.4% higher to 107.750, after falling sharply from a two-year high on Friday. Dollar bounces after sharp retreat The dollar bounced Monday after falling sharply on Friday as the Federal Reserve’s preferred showed moderate monthly rises in prices, with a measure of underlying…