Wall Street was steady at the open on Tuesday as focus shifted from the U.S. election to key inflation data later in the week for more signals on the country's economic and monetary policy outlook. The Dow Jones Industrial Average rose 66.1 points, or 0.15%, at the open to 44,359.21. The S&P 500 rose 2.3 points, or 0.04%, at the open to 6,003.6, while the Nasdaq Composite dropped 8.9 points, or 0.05%, to 19,289.814 at the opening bell.
Wall Street is bullish about bigger bonuses again
Wall Street is preparing for higher bonuses for the first time since 2021, with underwriters and traders getting the biggest pay boosts for 2024 performance.
How To Earn $500 A Month From Occidental Petroleum Stock Ahead Of Q3 Earnings
Occidental Petroleum Corporation (NYSE:OXY) will release earnings results for the third quarter, after the closing bell, on Tuesday, Nov. 12. Analysts expect the Houston-based company to report quarterly earnings at 74 cents per share. That’s down from $1.18 per share in the year-ago period. Occidental Petroleum projects to report quarterly revenue of $7.23 billion. Last year, revenue hovered $7.21 billion, according to data from Benzinga Pro. On Nov. 8, JPMorgan analyst John Royall reinstated O
Dogecoin Market Cap Surges to $63.5 Billion Amid Price Rally
Dogecoin, the crypto known for its dog-themed branding, has experienced a dramatic price surge of 51% over the past 24 hours, bringing its trading value to $0.43.
Adobe adds AI tools to its stock photography business
Adobe on Tuesday added software tools that let its customers use artificial intelligence to create images based on its library of stock images, while still paying the original creators of those images. Adobe, the company behind tools such as Photoshop that are widely used in the content creation business, has been rushing to add AI tools to its software as it faces image generation technology from newer firms such as OpenAI. Adobe's strategy has been to ensure that content it generates is legally safe to use in commercial work and to compensate artists.
Crypto Anti-Money Laundering Specialist Notabene Raises $14.5M
Notabene CEO Pelle Braendgaard believes Donald Trump will emulate what the European Commission is doing in order to bring trading volume back to the U.S.
Rents fell 0.6% in October, new data shows
Rents ticked down in October from the prior month as the supply of apartments coming onto the market outpaces demand.
EVgo Q3 Sales Surge 92% As Charging Revenues And Customer Growth Drive Performance; Stock Jumps
EVgo Inc (NASDAQ:EVGO) shares are trading higher after the company reported third-quarter sales growth of 92% year-on-year to $67.535 million, beating the consensus estimate of $65.952 million. Revenue growth was primarily driven by year-over-year increases in charging network and eXtend revenues. EVgo’s network throughput for the quarter was 78 Gigawatt-hours (GWh), a growth of 111% year-over-year. The company added over 147,000 new customer accounts during the third quarter, bringing the overa