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Business6d agoSharkNinja rises after Q3 earnings beat, raises full-year outlookSharkNinja's stock is rising after the company exceeded its Q3 earnings expectations and increased its full-year financial outlook. This indicates a positive financial performance for the company.Seeking Alpha Tech
Business6d agoGreenbriar names General (Ret) Daniel Hokanson as CEOGreenbriar has announced the appointment of General (Ret) Daniel Hokanson as its new Chief Executive Officer. This signifies a change in the company's executive leadership.Seeking Alpha Tech
Business6d agoFidelity National CFO James Kehoe to step downJames Kehoe, the Chief Financial Officer of Fidelity National, is set to step down from his position. This marks a change in the executive leadership of the company.Seeking Alpha Tech
Business6d agoNadal set to join Real Madrid board of directorsTennis great Rafael Nadal is set to join the board of Spanish football giants Real Madrid.BBC World
Business6d agoPrivate companies added 86,000 jobs in October, slightly higher than expected, ADP saysPrivate-sector job growth held steady in October, with gains spread across sectorsCNBC
Business6d agoRamayana’s Rs 2,000-crore box-office battleNitesh Tiwari’s Ramayana: Part One is a Rs 2,000-crore film opening worldwide on 59,000 screens on Thursday; digital rights by JioStar, and music by A. R. Rahman and Hans Zimmer aiming for commercial success.financialexpress · india
Business6d ago5 casinos like Chumba with fresh welcome offers worth a spin this weekExpert reviews highlight Crown Coins, MegaBonanza and three other casinos like Chumba with player-friendly features ranging from low redemption minimums to massive game libraries.mlive · united states of america
Business6d ago3M proposes $7.4B deal to resolve PFAS-related injury claimsThe settlement will address about 99% of current personal injury claims inside and outside the AFFF multidistrict litigation involving up to 120,000 eligible participants.manufacturingdive · united states of america
Business6d agoMarkets rise, but SpaceX and Tesla stocks fall, after Dems take back the House and Senate. Here’s whyThere’s no two ways about it: Yesterday’s midterm election results were nothing short of a massive victory for the Democrats (a “blue tsunami,” indeed). The Democrats will now control both chambers of Congress by a wide margin, radically altering the balance of power in Washington. While change brings uncertainty—and no one likes uncertainty less than investors—stock markets have so far reacted positively to the news. As of the time of this writing, S&P futures are up more than 1%, Dow futures are up more than 1.4%, and the tech-heavy Nasdaq futures are up nearly 1%. But while many stocks are trending up this morning, two of the biggest ones, Elon Musk’s SpaceX (Nasdaq: SPCX) and Tesla (Nasdaq: TSLA), are down significantly in premarket trading. And yes, the election results are likely the biggest reason for their fall. Here’s what you need to know. Tesla and SpaceX shares fall after historic Democratic wins As of the time of this writing, shares in Elon Musk’s two public companies, Tesla and SpaceX, are down by notable percentages. TSLA shares are currently down around 5.5% in premarket trading, with SPCX shares down more than 5.5% as well. To put those numbers into perspective, the broader Nasdaq, where Tesla and SpaceX trade, is up nearly 1%. And other Big Tech contemporaries of Musk’s public companies are also seeing green, including Alphabet, Amazon, Apple, Microsoft, Nvidia, and Meta. So if most of Big Tech is up on the midterm results, why are Musk’s companies down significantly? The short answer is that investors are likely worried that a Democratic-controlled Congress could make things harder for Musk’s companies going forward, mainly through extra scrutiny on Musk’s business empire and the companies’ existing government contracts. Musk has spent much of the last several years making enemies of the Democrats as his political alliances shifted right. During that time, Musk became one of the largest donors to the GOP and, in the midterm elections alone, contributed hundreds of millions to Republican coffers. Musk also infamously ran the Trump administration’s Department of Government Efficiency (DOGE) in 2025, which cut funding for numerous programs important to Democrats. Without a doubt, Musk is the most high-profile critic of the Democrats, frequently lambasting them and the left in general on his social media platform X, while embracing the current administration, which has close ties and contracts with Musk’s various properties, including SpaceX and its Starlink satellite business. But now the balance of power has shifted in Washington—not to mention Texas, where the Democrats won the governorship and Senate race, turning the state blue for the first time in decades, and where Elon Musk relocated his companies. Investors this morning clearly fear that shift now leaves Musk’s business interests vulnerable. How could Tesla and SpaceX be impacted? The main thing investors in SpaceX and Tesla seem to be fearing today is that the new Democratic-controlled House and Senate could increase scrutiny and regulatory oversight of Musk’s companies’ business dealings and government contracts. This is especially true for a prospective merger between Tesla and SpaceX, which the boards of both companies are studying, Musk has confirmed. As Kathleen Brooks, research director for brokerage firm XTB, told the Wall Street Journal, “While Congress cannot stop a merger between SpaceX and Tesla, they could slow it down via extra scrutiny.” She added: “There is now a political risk premium attached to both Tesla and SpaceX that could weigh on their share prices.” And in premarket trading today, that “political risk premium” does indeed seem to be in effect. Currently, TSLA is trading at around $375.50, and SPCX is trading at around $133. Of course, any increased scrutiny would not come immediately. Although the Democrats swept the midterm elections last night, the new Congress is not sworn in until January 3, giving Musk and his investors time to digest and better plan for the possible changes ahead.fastcompany · united states of america
Business6d agoW.W. Grainger beats Q3 street views, lifts FY outlookW.W. Grainger has surpassed Q3 expectations and raised its full-year financial forecast. This indicates a positive performance for the company.Seeking Alpha Tech
Business6d agoUroGen Pharma GAAP EPS of -$0.03 misses by $0.13, revenue of $89M misses by $0.91MUroGen Pharma's GAAP EPS of -$0.03 missed estimates by $0.13, and its revenue of $89M missed by $0.91M. This indicates a financial performance below analyst expectations for the company.Seeking Alpha Tech
Business6d agoUnited Therapeutics buys out Pfizer royalties linked to lung disease therapyUnited Therapeutics has acquired Pfizer's royalties connected to a lung disease therapy. This transaction consolidates ownership of intellectual property related to medical treatment.Seeking Alpha Tech
Business6d agoSouthwest Gas reports mixed Q3 results; reaffirms FY26 outlookSouthwest Gas has released its third-quarter results, which are described as mixed, and has also reiterated its financial outlook for fiscal year 2026. This provides an update on the company's performance and future projections.Seeking Alpha Tech
Business6d agoRiot stock jumps on Q3 beat, largest lease announcementRiot's stock has surged following better-than-expected Q3 results and an announcement about its largest lease agreement. This indicates positive market reaction to the company's recent performance and expansion.Seeking Alpha Tech
Business6d agoTrinity Capital NII of $0.52 in-line, revenue of $98.39M beats by $4.89MTrinity Capital reported net investment income of $0.52, which met expectations, and revenue of $98.39 million, surpassing estimates by $4.89 million. This indicates a strong revenue performance for the company.Seeking Alpha Tech
Business6d agoAvnet beats top-line and bottom-line estimates; gives Q2 outlookAvnet has exceeded both its revenue and profit estimates and has provided its outlook for the second quarter. This indicates a positive financial performance and future guidance from the company.Seeking Alpha Tech
Business6d agoTennis great Rafael Nadal set to join Real Madrid boardThe 22-time Grand Slam winner is to be ratified onto club's board of directors.Al Jazeera [en]
Business6d agoParaguay: what will happen to the savings of nearly 3 million clients after the closure of Ueno BankClarín
Business6d agoGermany news: Commerce chief calls for stable US trade relations after midterms, warning that uncertainty over Trump's tariff policies remainsGerman business is pinning its hopes on greater stability in US trade relations after a midterm blow for Donald Trump. Meanwhile, Germany's automakers appear to be feeling less gloomy than in recent years. DW has more.DW News [en]
Business6d agoUS futures sharply higher after Democratic route in midterm elections - AP NewsStocks surge, and the Dow soars 1,500 points as oil prices tumble following the US midterm elections AP NewsAP News
Business6d ago'Underground banker' from Rotterdam suspected of laundering millions to TurkeyBij een actie van Europol tegen een internationaal witwasnetwerk hebben Duitse en Nederlandse rechercheurs vijf verdachten aangehouden, onder wie een 55-jarige man uit Rotterdam. Hij wordt verdacht van betrokkenheid bij de ontvangst en verzending van contant geld ter waarde van circa 60 miljoen euro. De verdachte is volgens de politie vermoedelijk een illegale financieel intermediair, in de volksmond ook wel een ondergrondse bankier genoemd. Hij wordt verdacht van banden met een voornamelijk Turks-Duitse criminele organisatie. De 55-jarige man uit Rotterdam werd in Eindhoven aangehouden. SmeltNOS Buitenland
Business6d agoNot even McDonald's is safe from the brutal economic crunch bleeding American wallets dryIn April, McDonald’s debuted an under-$3 value menu with various breakfast, lunch and dinner items to appeal to thrifty customersThe Independent World
Business6d agoThe first Mercosur-origin BYD vehicles would arrive in Argentina in 2027Lo dijo el "country manager" de la marca china, Christian Kimelman, quien agregó que la fábrica que instalaron en la localidad brasileña de Camacarí podría comenzar a exportar "algunas unidades" el año próximo. El ejecutivo argentino dijo que además están evaluando hacer una "prueba piloto" con cargadores públicos para autos eléctricos.Clarín
Business6d agoKey Central Asian highway expands on trade route from China towards EuropeFreight operators report faster journeys and lower transport costs as infrastructure improvements strengthen regional trade links. But border delays remain a significant obstacle, prompting further investment in modernising cross-border procedures.EuroNews [en]
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