YAHOO FINANCE ELECTION GUIDE What the 2024 campaign means for your wallet NSE - Delayed Quote ? INR Elgi Rubber Company Limited (ELGIRUBCO.NS) Follow Compare 123.10 +12.58 (+11.38%) At close: 3:30 PM GMT+5:30 Related News Archer-Daniels-Midland?stock falling on prelim. Q3 results Archer-Daniels-Midland (ADM) shares are falling in negative territory on Tuesday after the food processing manufacturer released preliminary third quarter results that missed adjusted earnings estimates. Market Domination's Julie Hyman and Josh Lipton highlight ADM's recent headwinds as it amends its full-year 2023 financial results due to accounting issues. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 21 minutes ago ADM Ferrari stock tumbles as China sales decline 22% Ferrari (RACE) stock is sinking in Tuesday's intraday session following weaker-than-expected third quarter sales figures. The luxury automaker points to slowing demand in the Chinese market as a factor weighing on results. Additionally, the company reports a 29% year-over-year decline in shipments to mainland China, Hong Kong, and Taiwan during the third quarter. Yahoo Finance autos reporter Pras Subramanian joins the Market Domination in assessing Ferrari's earnings print. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. rThis post was written by Angel Smith and updated by Luke Carberry Mogan. Yahoo Finance Video ? 2 hours ago RACE Boeing strike ends: What the new deal may cost the planemaker Striking machinists will soon be back to work at Boeing (BA). About 33,000 members of the International Association of Machinists and Aerospace Workers could return to work on Wednesday after 59% of those voting approved a new contract that will raise wages 38% over the next four years (just over 43% with compounding). Bloomberg Intelligence senior analyst George Ferguson says that the deal will cost Boeing about $1 billion annually, not including gains from a previously announced 10% workforce reduction. With many manufacturers looking to reduce labor costs through automation, Ferguson notes that "it's really hard to automate" many of the processes on Boeing's factory floors. "Unlike an auto plant that will build like 440,000 units a year. Even at a 50 rate on the 737, they're building 600 airplanes a year. The payback from automation takes a lot longer, and the structures are a lot more complex and custom. So, does it mean they can't do anything? No. They're constantly making strides in that automation. But it's much more difficult in this industry because of the volumes and because of the sizes, shapes of some of this stuff," he tells Yahoo Finance. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Stephanie Mikulich. Yahoo Finance Video ? 4 hours ago BA BAAPV AI chips: Astera Labs stock skyrockets, GlobalFoundries rises Astera Labs (ALAB) stock lifts off, skyrocketing by nearly 30% on Tuesday after the AI chip company beat third quarter earnings estimates. Astera Labs went on to raise its full-year guidance. Concurrently, GlobalFoundries shares (GFS) pop in Tuesday's morning trading despite missing third quarter estimates on its top and bottom lines. Catalysts hosts Seana Smith and Madison Mills discuss why both stocks are accelerating into positive territory today despite their two different earnings stories. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 5 hours ago GFS ALAB Election trades, Boeing strike ends, Palantir: 3 Things Stock futures (ES=F, NQ=F, YM=F) tip above their flatlines Tuesday morning as US voters take part in the 2024 presidential election and head to the polls today. Wall Street is paying attention to key assets, including gold (GC=F), bitcoin (BTC-USD), and 10-year Treasury yields (^TNX). Boeing (BA) workers have voted in approval of the latest contract proposal put forth by the aircraft manufacturer, ending the International Association of Machinists and Aerospace Workers (IAM) union's nearly two-month long strike. Palantir (PLTR) shares pop on the software company's third quarter earnings beat, demand for AI software sending the stock nearly 17% higher in pre-market trading. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 6 hours ago BA BAAPV PLTR Amazon's a company investors can 'put money to work in': Analyst Big tech companies, including Amazon (AMZN), Meta Platforms (META), and Alphabet (GOOG, GOOGL), posted solid third earnings this season. Despite the strong showings, capital expenditures (CapEx) on artificial intelligence (AI) are spooking some investors. Bernstein internet equity research analyst Mark Shmulik tells Yahoo Finance that Amazon "feels like kind of the name that you can put money to work in and get excited about." Alphabet also reported a positive third quarter, but Shmulik notes ongoing legal issues — especially in the antitrust arena — for Google that could hold the company back: "There's just a whole bunch of noise around the name that's really hard to break through." In terms of Meta, Shmulik also thinks the socail media giant is positioned well, but that when it comes to AI spending, "we're still waiting to see just how big that spending is going to be and over what duration we could expect the return." Shmulik goes on to explain his Underpeform rating on Reddit (RDDT). Watch the video above to hear Shmulik's take on big tech and other internet stocks. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Daniel A. Nelson Yahoo Finance Video ? 22 hours ago AMZN META RDDT The future of the CHIPS Act could hang in balance of the presidential election When the CHIPS and Science Act passed in 2022, it had bipartisan support. But the law has emerged as a point of contention between Republicans and Democrats in the final days of the election, putting its future in doubt. Yahoo Finance ? 23 hours ago GFS TXN INTC Palantir stock booming on Q3 earnings, guidance beat Palantir Technologies (PLTR) are cruising higher in Monday's after-hours trading after posting revenue of $725.5 million — topping third quarter estimate — and eking out a profit beat with adjusted earnings of $0.10 per share. The software company raised its full-year revenue guidance, expecting a figure between $2.805 billion to $2.809 billion for 2024. Julie Hyman and Josh Lipton report on the defense contractor's latest earnings figures, referencing Palantir CEO Alex Karp's comments made to Yahoo Finance. Palantir chief technical officer and executive vice president Shyam Sankar sat down with Yahoo Finance last week to discuss the company's report titled "The American Reformation," outlining a "blueprint" for resurrecting the US defense industry. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 23 hours ago PLTR Vertex Flashes A Surprise Buy Point As Non-Opioid Pain Drug Looms Vertex beat Wall Street's third-quarter expectations, but the real story for Vertex stock is still to come, analysts said Tuesday. Investor's Business Daily ? 7 minutes ago VRTX This Industry Group — And 4 IPOs — Polish 20 'Perfect' Gems One group and four IPOs led by Duolingo dig up a spot on this list of top-rated stocks in top-ranked industries. Investor's Business Daily ? 9 minutes ago NVDA SMCI AVGO Super Micro Computer, Inc. (SMCI) Gains Bullish Outlook as Needham Highlights Leadership in Liquid-Cooled Data Center Solutions We recently compiled a list of the 35 AI News and Ratings You Should Not Miss. In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against the other AI stocks that you should not miss. Data center investments by hyperscalers to leap ahead in the artificial intelligence […] Insider Monkey ? 39 minutes ago SMCI ADM Has Yet to Get a Handle on Accounting Months After Scandal (Bloomberg) -- Almost 10 months after a scandal that shook Archer-Daniels-Midland Co., the commodity-trading giant is still struggling to sort out its accounting.Most Read from BloombergFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowParis Restricts Through Traffic in City CenterIstanbul Tries Free Public Transit to Help Job SeekersIn Warsaw, Falling Road Deaths Signal a Traffic Safety TurnaroundADM, which in March adjusted its financial disclosures going back to 201 Bloomberg ? 43 minutes ago ADM Stock Market Today: Rally Holds Strong As Trump Stock Whipsaws On Election Day; SMCI Report Looms (Live Coverage) Dow Jones and other major indexes rose in the stock market today. Trump Media & Technology soared while Super Micro reversed higher. Investor's Business Daily ? 46 minutes ago PLTR BA BAAPV Wynn Resorts Stock Plunges After Casino Operator's Profit and Sales Miss Estimates Wynn Resorts shares tumbled Tuesday after the casino operator missed profit and sales forecasts as its Las Vegas operations slowed. Investopedia ? 49 minutes ago WYNN Harris Goes on Radio Blitz as Trump Plays Down Fears of Violence (Bloomberg) -- Vice President Kamala Harris made an Election Day push to win over swing-state voters while former President Donald Trump said there would be no violence from his supporters, as Americans streamed to the polls to cast their ballots in one of the tightest races in modern US history.Most Read from BloombergFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowParis Restricts Through Traffic in City CenterIstanbul Tries Free Public Transit to Help Job SeekersIn Bloomberg ? 54 minutes ago TSLA NVDA Boeing Faces Production Challenges as Union Strike Ends; 777X Delayed, Layoffs Announced Boeing shares slip 2% as union ends strike; CEO warns of ongoing challenges ahead GuruFocus.com ? 1 hour ago BAAPV Celanese Drop: Gloomy Projection, Analysts Downgrades, and Lower-than-Expected Q3 Result The CEO Anticipated Celanese's Sales To Continue To Drop GuruFocus.com ? 1 hour ago CE Super Micro Gives a Business Update Today. What the Troubled AI Server Maker Needs to Do. Super Micro’s results will take a back seat to any discussion of the server maker’s accounting practices. Barrons.com ? 1 hour ago SMCI Palantir Raises 2024 Forecast Amid Booming Demand for AI Solutions, Shares Climb 14% Palantir shares jump 14% on strong Q3 earnings and surging demand for AI platform GuruFocus.com ? 1 hour ago PLTR Palantir Stock Is Hitting New Highs: What's Going On? Palantir Technologies Inc (NYSE:PLTR) shares are making new highs on Tuesday after the company reported strong quarterly results driven by “unrelenting” AI demand. Q3 Revenue: $725.52 million, beating the consensus estimate of $701.13 million Q3 ... Benzinga ? 1 hour ago PLTR Performance Overview Trailing total returns as of 11/5/2024, which may include dividends or other distributions. Benchmark is S&P BSE SENSEX Return ELGIRUBCO.NS S&P BSE SENSEX YTD +112.79% +10.02% 1-Year +139.96% +23.48% 3-Year +219.74% +32.31%
