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Tag: Bloomberg

Dólar HOY: Superpeso amanec aplastado por el dólar; This is the preparation for October 29, 2024

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Dólar HOY: Superpeso amanec aplastado por el dólar; This is the preparation for October 29, 2024

The Mexican currency in international markets This happened on October 29, 2024 and cost 20.03 pesos per dollar, according to Bloomberg information. During the overnight session, the state of change over time is fleeting and fleeting Now the peso is shuffled after the local data from PIB is lost. With the fact that since this […]

Gold climbs to new record with focus on US elections and data

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Gold climbs to new record with focus on US elections and data

(Bloomberg) — Gold climbed to another new record as traders await the latest U.S. economic data and the presidential election, now just a week away. Most read by Bloomberg The price of the precious metal actually rose 0.9% to $2,766.73 an ounce, surpassing last week's all-time high. Its strength came despite rising bond yields and […]

Bitcoin tops $71,000 for the first time since June as the election approaches

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Bitcoin tops ,000 for the first time since June as the election approaches

(Bloomberg) — Bitcoin rose above $71,000 for the first time since June, helped by inflows into dedicated exchange-traded funds as well as speculation about the possible outcome of next week's U.S. election. Most read by Bloomberg The largest digital asset climbed as much as 2.7% before paring some of the move to change hands at […]

El-Erian says the rising price of gold is due to the diversification of the dollar

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El-Erian says the rising price of gold is due to the diversification of the dollar

(Bloomberg) — Mohamed El-Erian says gold's rise to new record levels reflects the deliberate diversification of global financial institutions away from the U.S. dollar. Most read by Bloomberg Gold bullion climbed to its highest ever level on Wednesday, around $2,758.49, as investors focused on key macro risks in the coming weeks – from ongoing unrest […]

Capital One's profit beats estimates for card and auto loan growth

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Capital One's profit beats estimates for card and auto loan growth

(Bloomberg) – Capital One Financial Corp. (COF), the bank looking to take over rival Discover Financial Services (DFS), posted a profit that beat Wall Street estimates on the strength of its credit card and auto loan businesses. Most read by Bloomberg Net income of $1.78 billion was little changed from a year ago, McLean, Virginia-based […]

Tech Stocks Rise in Late Trading as Tesla Gains 9%: Markets Wrap

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Tech Stocks Rise in Late Trading as Tesla Gains 9%: Markets Wrap

(Bloomberg) — Big Tech rose in the late hours as Tesla Inc. kicked off the “Magnificent Seven” earnings season with solid results. Bond yields rose on bets that the Federal Reserve will take a measured approach to interest rate cuts. Most read by Bloomberg After a stock market selloff on Wednesday, Wall Street pointed to […]

Gold hovers near new record in Middle East and election uncertainty

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Gold hovers near new record in Middle East and election uncertainty

(Bloomberg) — Gold prices fell after hitting a new record high amid tensions in the Middle East and the upcoming U.S. presidential election. Most read by Bloomberg Gold prices rose as much as 0.7% before declining as some investors booked profits following the precious metal's four-day winning streak. Last week it broke $2,700 an ounce, […]

Verizon buys $1 billion of spectrum from US Cellular

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Verizon buys billion of spectrum from US Cellular

(Bloomberg) — Verizon Communications Inc., the largest wireless carrier in the U.S., will acquire some of U.S. Cellular Corp.'s spectrum licenses. buy for $1 billion as the tower operator sells off parts of its portfolio. Most read by Bloomberg The transaction and agreements with two other wireless carriers are contingent on the completion of an […]

Two shocks in three days surprised health insurance investors

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Two shocks in three days surprised health insurance investors

(Bloomberg) — The largest U.S. health insurers shocked investors twice in three days with cuts to their forecasts that sent stock prices plunging — and Wall Street wondered if more surprises were in store. Most read by Bloomberg Elevance Health Inc. said Thursday that adjusted earnings per share will be flat this year and rise […]

ASML CEO expects slow chip recovery to continue well into 2025

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ASML CEO expects slow chip recovery to continue well into 2025

(Bloomberg) — Christophe Fouquet, chief executive of ASML Holding NV, said he expects the chip market's long-awaited recovery to last “well into 2025” after disappointing third-quarter results sparked a broad selloff across the semiconductor industry triggered. Most read by Bloomberg The slow recovery in demand has led to “caution among customers and some reluctance to […]