Real-time Financial News

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2024-11-08 Friday

  • 04:34:19

    Foreign central banks held US$2.073 billion in US Treasury bonds in the week to September 9, compared with the previous value of -US$855 million.

  • 04:29:18

    The U.S. Senate Intelligence Committee announced that it will hold a public hearing on artificial intelligence on September 19.

  • 04:23:58

    Ford Motor (FN) CEO: Worried about the impact of the strike but ready to deal with it.

  • 04:23:55

    Ford Motor (FN) CEO: If UAW proposals had gone into effect in the past few years, Ford would have gone bankrupt. All downstream assembly plants will be affected.

  • 04:20:36

    Ford Motor (FN) CEO: Fein, a union member of the United Auto Workers, did not accept our offer. The union is not negotiating with us and the organization is busy planning a strike.

  • 04:02:01

    [The three major U.S. stock indexes opened high and closed high, Arm soared 24% on its first day of listing] U.S. stocks closed, the three major stock indexes collectively closed high, the Dow rose 0.96% or 331 points, the Nasdaq rose 0.81%, and the S&P 500 rose 0.84% , Arm (ARM.O) closed up 24% on its first day of listing, with its stock price at $63.5 and a market value of over $65 billion. Large technology stocks generally rose, with Tesla (TSLA.O) rising 1.75%, Meta Platforms (META.O) rising more than 2%, and Google (GOOG.O, GOOGL.O) rising more than 1%. AMC Theaters (AMC.N) opened higher and closed lower, closing down more than 1%.

  • 03:55:22

    Ford Motor (FN) source: The possibility of a strike by auto union workers is very high.

  • 03:53:08

    Canadian Prime Minister Trudeau: If large supermarket chains do not solve the problem of rising prices, we will not rule out taking any measures, including tax measures.

  • 03:52:58

    Canadian Prime Minister Justin Trudeau: Will convene the heads of large supermarket chains to Ottawa to discuss plans to deal with rising food costs.

  • 03:50:56

    Arm (ARM.O) rose in late trading and is now up more than 23%.

  • 03:26:24

    Ford (FN): A 12-week strike will cost employees an average of $17,500 in lost wages and profit sharing. The likelihood that U.S. auto workers will organize a targeted strike is very high.

  • 03:24:43

    Ford Motor (FN): If Ford meets the UAW demands, its full compensation will be 62% higher than Tesla.

  • 03:21:33

    Ford (FN): Each plant affected by a UAW strike affects 10-15 affiliated plants.

  • 03:18:01

    Ford Motor (FN): If calculated according to the current demands of the United Auto Workers Union, the company would have lost $14.4 billion in the past four years.

  • 03:00:59

    French Finance Minister Le Maire: The 2024 budget bill aims to save 16 billion euros.

  • 03:00:48

    French Finance Minister Le Maire: Lowered the economic growth forecast for 2024 from 1.6% to 1.4%, while the forecast for 2023 remains unchanged at 1%.

  • 02:55:59

    Fund analysis firm Lipper: U.S. loan funds received $343 million in inflows in the latest week.

  • 02:55:29

    Christine, head of Barclays Technology Investment Bank: Barclays expects April 2024 to be a busy month for IPOs.

  • 02:49:42

    According to the Kyiv Independent: Ukrainian Deputy Defense Minister Hanna Mariyar revised the statement that the Ukrainian Defense Forces had liberated the settlement of Andriivka on the Bakmut front, saying that serious and fierce fighting continued .

  • 02:46:59

    U.S. Food and Drug Administration (FDA): Issued warning letters to 15 online retailers and 3 manufacturers and/or distributors for selling or distributing unauthorized e-cigarette products.

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