Investing.com — Evercore ISI upgraded Zoom Video Communications Inc (NASDAQ:ZM) Inc to “outperform” from “in line” on Tuesday, driven promising growth opportunities in artificial intelligence and new product lines, strong operational execution, a bottoming out of churn rates. Zoom’s most recent quarter showcased record-low online churn at 2.7% and a steady enterprise net retention rate of…
NBA first-month takeaways: LeBron, Durant, Curry still reign LeBron James and Kevin Durant have their teams in the playoff hunt one month into the season. Adam Pantozzi/NBAE via Getty Images Tim Bontemps, ESPNNov 26, 2024, 08:00 AM ET Email Print We are just over one month into the 2024-25 NBA regular season, and — like always…
By Krishna N. Das NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi’s party said it had no reason to defend billionaire Gautam Adani on Tuesday following his U.S. indictment over alleged bribery to secure power deals in India. The main opposition Congress party has accused Modi and his Bharatiya Janata Party (BJP) of shielding…
Investing.com — President-elect Donald Trump pledged on Monday to impose significant tariffs on the United States’ top three trading partners—Canada, Mexico, and China—outlining measures that could escalate into trade disputes. The proposed tariffs are part of Trump’s broader effort to fulfill his “America First” campaign promises. The former US president, set to retake office on…
WASHINGTON (Reuters) – U.S. single-family house prices increased solidly in September, which together with a resurgence in mortgage rates will further reduce affordability for many prospective homeowners. House prices jumped 0.7% on a month-on-month basis after an upwardly revised 0.4% rise in August, the Federal Housing Finance Agency said on Tuesday. Prices were initially reported…
Investing.com — U.S. network carriers, including Delta Air Lines Inc (NYSE:DAL), United Airlines, and American Airlines (NASDAQ:AAL), are well-positioned to benefit from a structural shift toward premium travel, according to a Citi note on Monday. The brokerage highlighted the ongoing strength in premium travel demand and revenue from co-branded credit cards and loyalty programs as key…
Investing.com — Deutsche Bank (ETR:DBKGn) analysts identified three risks that could disrupt the ongoing market rally, which has seen robust gains throughout 2024. While markets appear resilient, the note warns that elevated valuations and persistent vulnerabilities could lead to significant selloffs if these risks materialize. Economic Downturn: An economic slowdown poses the most significant threat to…
OTTAWA (Reuters) – Prime Minister Justin Trudeau on Tuesday said he would meet the premiers of Canada’s 10 provinces this week to discuss U.S. relations, a day after President-elect Donald Trump vowed to impose tariffs on Canadian exports. “There’s work to do and we know how to do it,” Trudeau told reporters ahead of a…
(Reuters) – Alimentation Couche-Tard CEO Alex Miller said on Tuesday the Canadian retailer would remain persistent in its efforts to pursue a deal with Japan’s Seven & i and continue a “friendly approach” with the 7-Eleven operator. Couche-Tard had first approached Seven & i in August for the largest-ever foreign buyout of a Japanese company….
Investing.com — Japanese Prime Minister Shigeru Ishiba has written to President Joe Biden, urging him to approve Nippon Steel Corp (TYO:5401)’s $15 billion bid to acquire US Steel, Reuters reported Tuesday, citing sources familiar with the matter. Ishiba’s appeal aims to prevent the deal’s rejection from straining recent efforts to strengthen US-Japan relations. Biden, aligning…
