GM and Honda to Launch Driverless Ride Service in Japan
General Motors (GM) and Honda announced their collaboration with Cruise, GM's self-driving unit, to introduce a driverless ride service in Japan by early 2026. By utilizing an app on their…
Rising Mortgage Rates Pressure Home Buyers
Daily 30-year mortgage rates have reached a significant milestone, hitting 8% on Wednesday afternoon. This increase puts even more pressure on prospective home buyers. According to a survey conducted by…
Albemarle Faces Challenges as Lithium Supply Exceeds Demand
Shares of Albemarle (ticker: ALB), the largest lithium miner globally, experienced a significant decline of nearly 10% in midday trading. Meanwhile, the S&P 500 and Dow Jones Industrial Average saw…
Antofagasta Reports Higher Production in Q3 2023
Antofagasta, a Chilean mining company, has announced an increase in third-quarter production for all its metals. This boost in production can be attributed to higher output from the Los Pelambres…
Chip Recovery Timeline Pushed Back Again
The chip recovery timeline is facing further delays as a result of escalating tensions between the United States and China. ASML Holding, a crucial supplier to the semiconductor industry, has…
Oil Prices Rise due to Gaza Blast
Price Action West Texas Intermediate crude (CL00, +2.15%) for November delivery (CL.1, +2.15% CLX23, +2.15%) rose $1.93, or 2.2%, to $88.59 a barrel. The contract settled flat at $86.66 a…
Volvo’s Third Quarter Results: What to Watch
Volvo, the renowned automotive manufacturer, is set to release its third-quarter earnings report on Wednesday. Here are the key details to keep an eye on: Net Income Forecast According to…
Bond Yields Rise as Investors Monitor U.S. Retail Sales Data
Bond yields experienced an early rise on Tuesday as investors kept a close eye on U.S. retail sales data. Additionally, the easing of geopolitical tensions fueled a decrease in demand…
SAP Q3 Results
SAP is set to announce its third-quarter results on Wednesday. Here is a breakdown of what you should know: Revenue Forecast The German business-software company is expected to report non-IFRS…
THG PLC Reports Q3 Revenue Decline, But Backs Full-Year Guidance
UK e-commerce company THG PLC, also known as the Hut Group, has announced a decline in group revenue over the third quarter of the year. Despite this, the company remains…
Changes to Charging Structure at St. James’s Place
St. James's Place, a leading wealth-management company, has announced significant changes to its charging structures for new investment bonds and pensions. These revisions aim to streamline the company's processes and…
The Dual Realities of the U.S. Housing Market
A Contrast Between Affordability and Low Rates Philadelphia — The U.S. housing market is currently witnessing a fascinating dichotomy: on one hand, buyers struggle with affordability, while on the other,…
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