[ad_1] Hurricane Norma has made landfall near the resorts of Los Cabos at the southern tip of Mexico’s Baja California Peninsula. The U.S. National Hurricane Center says Norma, once a Category 4 hurricane, made landfall as a Category 1 hurricane with winds of 80 mph (130 kph) just south of Todos Santos. Norma is expected […]

[ad_1] Check out the companies making headlines in after-hours trading. SolarEdge — Shares plunged 20% after the solar company lowered its third-quarter revenue guidance to between $720 million and $730 million, down from prior guidance of between $880 million and $920 million. CEO Zvi Lando said the company experienced “substantial unexpected” cancellations and pushouts of […]

[ad_1] Ahead of the upcoming earnings season, Deutsche Bank has cut price targets on nearly 30 European stocks this week and upgraded just one to “buy.” The bank’s biggest cut to price target was for Denmark’s energy giant, Orsted . Deutsche’s analysts lowered their 12-month share price forecast by 36% to 450 Danish krone ($64) […]

[ad_1] In this photo taken on October 10, 2023, a man looks at a forest fire as it approaches houses in Ogan Ilir, South Sumatra. Al Zulkifli | Afp | Getty Images With El Nino in full force, officials are bracing for the worst transboundary haze in southern Southeast Asia since before the pandemic in […]

[ad_1] NEW YORK, US – SEPTEMBER 17: Elon Musk arrives at the Turkish House to meet with Turkish President Recep Tayyip Erdogan ahead of the 78th session of the United Nations (UN) General Assembly in New York, United States on September 17, 2023. (Photo by Fatih Aktas/Anadolu Agency via Getty Images) Anadolu Agency | Anadolu […]

[ad_1] Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023. Bloomberg | Bloomberg | Getty Images The International Monetary Fund has raised its growth forecast for India, saying the country’s growth will remain strong in 2023 and 2024 — but analysts warn there will be […]

[ad_1] Goldman Sachs is bullish on Japan right now and says banks in particular are seeing a “high level of interest” following rallies of around 30%. “Japan is a bright spot and within Japan, it’s the banking sector that stands to benefit from the two biggest themes,” analyst Makoto Karuda told CNBC’s “Squawk Box Asia” […]

[ad_1] Palestinian Islamist group Hamas launched an unprecedented surprise attack on Israel on Saturday, the largest in decades. Gunman infiltrated areas of southern Israel from the Gaza Strip, with Israeli Prime Minister Benjamin Netanyahu declaring: “We are at war.” Dozens of people have reportedly been killed with hostages taken back to the Gaza Strip. Tel […]

[ad_1] John Giannandrea David Paul Morris | Bloomberg | Getty Images Apple considered buying the Bing search engine or making a “multibillion dollar investment” in a joint venture with Microsoft in 2018, according to a transcript of testimony from Apple’s head of machine learning and former Google exec John Giannandrea that was recently unsealed. At […]

[ad_1] Investors should remain optimistic that markets can rally before the end of the year, according to Fundstrat Global Advisors managing partner and head of research Tom Lee. “I think investors should remember that the best opportunities to really make money are during periods of fear, whether that’s March of 2023 or it was October […]