adminTesla stock drops 3% after Q3 deliveries fall short of estimates
Tesla (TSLA) announced third quarter deliveries on Wednesday that slightly missed expectations, sending the stock down about 3%. The EV maker delivered 462,890 vehicles in the three months ending Sept.…
Oil Options Show Market Sees Further Gains on Middle East Risks
(Bloomberg) — Oil options show investors are betting prices will rise further as escalating hostilities between Israel and Iran raise the risk that energy infrastructure or crude tankers will be…
Oil Climbs for Third Day as Middle East Supply Risks Dominate
(Bloomberg) — Oil rose for a third day as traders assessed supply risks in the Middle East, with Israel expected to make a retaliatory strike against Iran following Tehran’s missile…
Oil rises as Middle East conflict deepens, gains capped by global supply outlook
(Reuters) – Oil prices ticked higher in early trade on Thursday as investors weighed the escalating conflict in the Middle East and the potential for disruption to crude flows, against…
Banxico Must Stay Restrictive to Slow Services Inflation, Heath Says
(Bloomberg) — Mexico’s central bank should maintain a restrictive monetary policy stance so long as services prices remain elevated, according to bank Deputy Governor Jonathan Heath. Most Read from Bloomberg…
Plentiful oil supply dampens industry reaction to rising geopolitical tensions
By Georgina McCartney and Liz Hampton HOUSTON/DENVER (Reuters) – The oil industry and markets have had a muted reaction to rising tensions in the Middle East, a sign of just…
Tech market values jump in September on Fed rate cuts, AI optimism
(Reuters) – The market capitalization of many tech firms surged in September, buoyed by a Federal Reserve rate cut that typically enhances future profits and cash flows for high-growth companies,…
Finance firms more worried about global economy, BoE survey finds
LONDON (Reuters) – Worries about risks to the UK financial system posed by a global economic downturn have risen sharply to their highest level since the second half of 2019,…
Commentary: A wider Middle East war doesn’t have to mean higher oil and gas prices
Oil prices (CL=F, BZ=F) jumped about 2.5% after Iran blitzed Israel with several hundred ballistic missiles on Oct. 1. Israel seems certain to retaliate, and Iran could re-retaliate, which basically…
Debate highlights: Walz and Vance’s biggest economic battles
The economy had a starring role in the first, and likely only, vice presidential debate between Minnesota Gov. Tim Walz and Senator JD Vance Tuesday night, with both candidates positioning…
