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BusinessOct 6Elong Power Holding GAAP EPS of -$42.36, revenue of $2.9MElong Power Holding has reported a GAAP EPS of -$42.36 and a revenue of $2.9 million. This indicates the company's financial performance.Seeking Alpha Tech
BusinessOct 6Wall Street profits could exceed $90B if rest of the year tracks, NY state comptroller saysThe New York State Comptroller states that Wall Street profits could surpass $90 billion if current trends continue throughout the rest of the year. This provides a financial outlook for the industry.Seeking Alpha Tech
BusinessOct 6Burry flags six stocks as likely tax-loss sale candidatesMichael Burry has identified six stocks as potential candidates for tax-loss sales. This provides insights into investment strategies.Seeking Alpha Tech
BusinessOct 6Germany joins France in call for China trade defencesGermany and France, the European Union’s two largest economies, jointly called for tougher EU trade defences, as European and Chinese negotiators prepare for crunch talks this week under the shadow of a potential trade war. “The open and rules-based trade system is massively affected by weaponisation of trade, systemic market-distorting practices, and global macroeconomic imbalances,” German Chancellor Friedrich Merz and French President Emmanuel Macron said in an open letter. “We need urgent...South China Morning Post
BusinessOct 6[Video] Have Your Say: What can 10k do for you in Nigeria today?Here's an idea of how fallen Naira has gone - some ladies cannot afford sanitary pads anymore. So they "loot" baby diapers The post [Video] Have Your Say: What can 10k do for you in Nigeria today? appeared first on Vanguard News.Vanguard Nigeria
BusinessOct 6Cognizant wins SITA mandate for AI-led finance transformationCognizant has secured a mandate from SITA for an AI-led finance transformation project, indicating a new business contract and technological development.Seeking Alpha Tech
BusinessOct 6S&P 500 correlation with top stocks falls to lowest in at least 15 yearsThe correlation between the S&P 500 index and top individual stocks has reportedly fallen to its lowest point in at least 15 years. This signifies a notable shift in market dynamics.Seeking Alpha Tech
BusinessOct 6Euro Area retail sales rise 0.8% Y/Y, below estimatesRetail sales in the Euro Area increased by 0.8% year-over-year, which is below expected estimates. This indicates moderate growth in consumer spending for the region.Seeking Alpha Tech
BusinessOct 6Wall Street on track for record profitsData: NYSE/Intercontinental Exchange via the New York State Comptroller; Chart Emily Peck/Axios; Note: 2026 projected by the comptroller if first-half growth continues at current pace. First-half 2026 profits were $45.9 billion. Profits are for broker-dealer operations of NYSE member firms and are not adjusted for inflation.Wall Street profits are blowing past expectations this year, the New York State Comptroller's office finds in a new report.Why it matters: Profits are on track for an all-time record, a sign of how the AI boom is fueling dealmaking and how volatile markets are helping tradiAxios
BusinessOct 6From a Fangio V8 to an immaculate Escort: Ford celebrated its plant anniversary surrounded by legendsLa marca abrió sus puertas para celebrar más de seis décadas de producción nacional.Más de 100 clásicos participaron de la convocatoria. Los ganadores de cada categoría.Clarín
BusinessOct 6Cautious optimism among local automakers after Bolsonaro's victory in the first roundAlthough they consider it "premature," they understand that an eventual victory for the right-wing candidate could unblock negotiations to renew the bilateral agreement.Clarín
BusinessOct 6The automotive industry continues to go backwards: 15.7% drop in September and 16.9% so far this yearAutomotive manufacturers produced 39,747 vehicles last month. The drop is due to lower sales at local dealerships, as exports rose in September and also in the year-to-date.Clarín
BusinessOct 6Alberto Ades, the economist who presented to the cabinet: "Not even for a shot do we return to the market with this country risk"The Wall Street executive was invited by the Government to speak before officials. He said that the most difficult stage to lower inflation has begun and that "this doesn't feel like a recession." He believes dollarization will continue but that the US will help with the currency swap.Clarín
BusinessOct 6New Hollywood era begins with an epic mega merger between Paramount and Warner Bros.The Paramount and Warner Bros. merger has survived court challenges, public protests and regulatory scrutiny. Now, the Hollywood heavyweight, named Skydance, begins operating.NPR News
BusinessOct 6Moonshot AI eyes Hong Kong IPO after $50 billion valuation as DeepSeek raises capitalChinese AI start-up Moonshot AI is targeting for a Hong Kong listing in early 2027 after its valuation hit $50 billion (€44.6bn), while rival DeepSeek is raising between ¥80 billion (€10.6bn) and ¥100 billion (€13.3bn) in a round led by Tencent and CATL, fuelling bets on its own market debut.EuroNews [en]
BusinessOct 6NHAI invites bids for ₹11,537-crore Amaravati Outer Ring RoadThe six-lane access-controlled road is divided into four packages on Hybrid Annuity Mode; bids are to be submitted by November 18The Hindu
BusinessOct 6U.S. real estate ETF hits lowest relative level on recordSeeking Alpha Tech
BusinessOct 6Stock futures rise after Nasdaq hits record highSeeking Alpha Tech
BusinessOct 6Short trade truce can’t paper over realities of US-China relationshipThe recent US-China summit yielded a narrow, caution-filled outcome for bilateral trade: a two-month extension of the Kuala Lumpur trade truce, which now expires on January 10 next year. This reprieve eases fears of immediate tariff escalation and shows that head-of-state diplomacy can still curb spiralling confrontation. Yet the short timeline exposes the wide gulf separating the two sides’ priorities. China’s position has been unambiguous: removal of all punitive tariffs and restrictive...South China Morning Post
BusinessOct 6Italian economy's solidity will help wages recover in 2027-28 - ECB's Lane tells ANSACentral bank's rate hikes saved Italian households from greater damage - chief economistANSA [en]
BusinessOct 6China’s Transsion, Africa’s top phone maker, targets US$500 million Hong Kong listingShenzhen Transsion Holdings, the maker of Africa’s bestselling phones, aims to kick off its Hong Kong share offering on Wednesday to raise up to US$500 million ahead of a targeted October 15 listing, according to people familiar with the matter. The company, which already trades in Shanghai and has a market capitalisation of 62 billion yuan (US$9.24 billion), could offer up to 132 million offshore ordinary shares, according to approval documents from the China Securities Regulatory Commission...South China Morning Post
BusinessOct 6Senegal: why Dakar is not emerging from the housing crisisLe marché locatif haut de gamme se grippe dans la capitale sénégalaise, où les montants des loyers ont chuté de 10 % à 30 % en deux ans. À l’inverse, la demande reste forte sur les petites surfaces « abordables », pour lesquelles il y a pénurie. État des lieux d’un marché sous tension.Jeune Afrique
BusinessOct 6VirTra secures five-year sole-source IDIQ contract with U.S. Customs and Border ProtectionVirTra has secured a five-year sole-source IDIQ contract with U.S. Customs and Border Protection. This signifies a notable business agreement for the company and continued support for the federal agency.Seeking Alpha Tech
BusinessOct 6Biggest stock movers Tuesday: FRSH, OPCH, CEG and moreThe article reports on the biggest stock movers from Tuesday, highlighting the performance of specific companies. This provides an overview of notable shifts in the stock market.Seeking Alpha Tech