By Ankika Biswas and Pranav Kashyap (Reuters) – Just days ahead of the Nov. 5 presidential election in the U.S., investors are trying to gauge how stock markets will react as polls and betting platforms point to a tight race between Vice President Kamala Harris and former President Donald Trump. Harris’ lead over the Republican has dwindled to a single percentage point in the final stretch of the presidential contest, according to a Reuters/Ipsos poll … Read more…

Thursday, October 31st, 2024 Following a robust Q3 earnings release, Twilio’s (TWLO) stock shot up over 11% in post-market trading to $78.90. Investors are now weighing whether this surge marks sustainable growth or if it’s just short-lived hype. Let’s break down the details that will influence TWLO’s trajectory. Earnings Highlights and Forward Guidance Twilio’s Q3 results impressed with a 9% revenue beat, reflecting a significant uptick driven by its AI-enabled customer engagement platform. Twilio CEO … Read more…

By Nate Raymond (Reuters) – Los Angeles County has sued beverage makers PepsiCo and Coca-Cola, accusing them of polluting the most populous U.S. county with plastic bottles and misleading the public about the environmental impact and recyclability of their containers. The county in a lawsuit filed on Wednesday in Los Angeles Superior Court said the companies were contributing to plastic pollution with their single-use plastic bottles and were engaging in a campaign to deceive consumers … Read more…

By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes mostly inched higher on Wednesday after upbeat results from Google parent Alphabet, while gold prices rose to a record high ahead of the U.S. presidential election. British stocks hit their lowest level since August as UK Finance Minister Rachel Reeves said she would raise taxes by 40 billion pounds a year ($52 billion) in her first budget. Shares of Alphabet rose more than 5%, giving the … Read more…

As Microsoft gears up to reveal its quarterly earnings after the market closes, all eyes are on the tech giant, and anticipation is buzzing with an electric mix of optimism and caution. The options market is hinting at some serious price action, with a significant swing on the horizon—this isn’t just any earnings call; it’s a pivotal moment. Over the past year, Microsoft shares have risen a solid 29.3%, a testament to investor confidence in … Read more…

McDonald’s just released its Q3 earnings, and the fast-food titan has plenty of storylines unfolding—some promising, others pressing. Despite headwinds in international markets, the company’s focus on the U.S. is paying off, and its digital and loyalty-driven strategy is proving to be a smart play. However, with inflationary pressures, slowing international performance, and challenges from a recent E. coli scare, investors are left wondering: can McDonald’s maintain its impressive growth trajectory amid mounting external pressures? … Read more…

By Jason Lange WASHINGTON (Reuters) – Kamala Harris’ lead over Donald Trump dwindled in the final stretch of the U.S. presidential contest, with the Democrat ahead by a single percentage point over the Republican, 44% to 43%, according to a Reuters/Ipsos poll published on Tuesday.  The three-day poll, completed on Sunday, showed the race effectively tied ahead of the Nov. 5 election. The poll had a margin of error of about three percentage points in either direction. … Read more…

WASHINGTON (Reuters) – U.S. single-family home prices increased in August amid still tight supply, which together with elevated mortgage rates continue to keep prospective buyers on the sidelines. House prices rose 0.3% on a month-on-month basis after gaining 0.2% in July, the Federal Housing Finance Agency said on Tuesday. They increased 4.2% in the 12 months through August after an upwardly revised 4.7% advance in July. The rise in annual house prices was previously reported … Read more…