Wednesday, July 24, 2024

Live updates on US inflation, Australia jobs

2 hours ago

CNBC Pro: Arm IPO: Should you buy the stock? Here’s what 4 analysts had to say

14 hours ago

Core inflation in August, excluding food and energy, was slightly higher than expected

Core CPI, excluding food and energy, rose 0.3% on a monthly basis in August, better than the 0.2% increase expected by economists polled by Dow Jones. According to estimates, this number has increased by 4.3% from a year ago.

The headline number rose 0.6% last month and according to Dow Jones estimates. Headline prices rose 3.7% on a year-over-year basis, ahead of the 3.6% expected by economists.

– Samantha Subin

2 hours ago

CNBC Pro: Goldman Says These Global Stocks Will Soar on Buying Stocks – Gives a 100% Upward Surge

Analysts at Goldman Sachs predict that European stocks will announce significant buybacks through 2024 – which they say could lead to significant upside in their share prices.

Buybacks reduce the amount of shares outstanding and can increase their price—one of the many ways companies can reward shareholders.

CNBC Pro subscribers can read more here.

– Amala Balakrishna

8 hours ago

Google is cutting hundreds of jobs at its recruiting firm

Check out the chart…

Alphabet shares 1 day

– Jennifer Elias, Sarah Min

14 hours ago

Gold hit a multi-week low

Gold prices fell to a three-week low on Wednesday.

The metal touched a session low of 1,927.2. This is the lowest since hitting 1,926.2 on August 23.

-Alex Haring, Gina Brancola

7 hours ago

Wall Street weighs in on Apple’s latest iPhone

Analysts mostly found positives in Apple’s Tuesday release event, but a surprise could raise risks of a revenue shortfall on the margin, according to one analyst.

Read more about Wall Street and get the latest stock news here.

– Samantha Subin

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