Daily Trade

A private gauge of China’s factory activity fell into contraction in October, suggesting continued economic headwinds despite Beijing’s recent efforts to shore up growth. The Caixin manufacturing purchasing managers index fell to 49.5 in October from 50.6 in September, falling into contractionary territory for the first time in three months, according to data released Wednesday
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JetBlue Airways Corp.’s stock dropped sharply Tuesday to its lowest levels in more than a decade after the carrier warned it would post a wider-than-expected fourth-quarter loss, while it missed analyst estimates for its third-quarter loss and revenue. “While we have been able to offset some of the costs associated with the challenging operational backdrop,
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The third-quarter earnings parade continues. According to data compiled by FactSet, 73% of S&P 500 listed companies have reported better-than-expected earnings, and 66% have announced better revenue than had been anticipated among professional analysts. Overall, that’s a pretty good track record. However, there have been plenty of hits and misses among some notable names this
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An official gauge of China’s manufacturing activity unexpectedly fell into contraction after rising to expansion territory for one month in September, signaling renewed weakness in the sector. China’s official manufacturing purchasing managers’ index fell to 49.5 in October from 50.2 in September, the National Bureau of Statistics said Tuesday. A reading above 50 indicates an
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SYDNEY — Australian carrier Qantas Airways QAN, +0.74% said that it sold tickets for flights that it knew had been canceled because of internal systems’ shortcomings rather than for financial gain. Qantas, which faces legal action over the issue following allegations by Australia’s consumer watchdog, on Monday said that its systems had been unable to
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When it comes to deciding which AI stock to buy, I think there’s a reason for investors to take an optimistic and bullish view longer-term. The idea that we’re going to need increased efficiency to see productivity growth isn’t a new one. We’re just shifting the burden away from machines to computing systems, but the
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Dear Quentin, I’m in my 40s and recently learned my father has been lying about his finances. He owes a lot of money to many people whom he borrowed from over the years, and he has no source of income to pay them back with.  He does own several properties, but they’re not selling given
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In the investment realm, ChatGPT stock predictions have sparked intrigue among market enthusiasts of late. Since its launch last November, the powerful AI chatbot has effectively carved a niche in research, organizing copious amounts of data and pointing toward some of the best long-term stocks to buy. Its responses, while rich in company knowledge, sometimes
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Nio (NYSE:NIO) has been on a rollercoaster ride in 2023, with massive price fluctuations seen in recent months. Naturally, investors may wonder whether Nio could generate exceptional returns like Tesla (NASDAQ:TSLA) or BYD (OTCMKTS:BYDDF) over the long-run. In my opinion, Nio certainly has considerable upside potential over the next 5-10 years. However, it also faces
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Intel Corp. shares were popping nearly 8% in Thursday’s extended session after the chip maker delivered a rosy forecast, while talking up new customers for its foundry business and traction related to artificial intelligence. For the fourth quarter, Intel INTC, -0.94% anticipates $14.6 billion to $15.6 billion in revenue, whereas analysts were looking for $14.4
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