News

Solstice Advanced Materials declined Thursday following the company’s third-quarter results.

Perplexity will integrate its AI-powered search engine directly into the Snapchat app.

McDonald’s U.S. President Joe Erlinger told operators the brand was “moving in the right direction” as it continues a more-than-yearlong push on value.

Rachel Reeves has told the Budget watchdog that she plans to increase income tax, according to Steven Swinford from The Times.

Reeves informed the OBR that personal tax measures will be included in her budget on November 26 but the report notes that the plans could still be reversed.

“The chancellor is considering a 2p rise in income tax and a 2p cut in national insurance,” the report says.

It will be offset somewhat as “she is considering limiting the national insurance cut to earnings below £50,270, reducing the rate from 8 per cent to 6 per cent,” according to the report.

This article was written by Adam Button at investinglive.com.

I’m loathe to attach any market moves to the US government shutdown as it was never a reason to sell and shouldn’t by a reason to buy. That said, it would be nice if it ended and there was a slightly positive development that’s fitting within the ‘this weekend’ timeline that I outlined earlier this week.

Cami Mondeaux from Deseret News reports:

I’m told plan is to keep Senate in this weekend to work on reopening government. That could always change

Dems came out of their lunch appearing unified to hold strong on ACA demands for now. Few of them said they are seeing progress toward a solution

That’s not much to hang a hat on but another day in stocks like today would certainly motivate all sides to compromise. On that front, the S&P 500 remains down 47 points but is more than 40 points from the session lows. All of that has come in the past two hours.

The Nasdaq is still underperforming, down 1.3% while the Russell 2000 is down 1.4%.

This article was written by Adam Button at investinglive.com.

The EURUSD has been stepping higher in trading today and in the process has been able to extend above the 38.2% at 1.1507, the 38.2% of the move down from the end of October high at 1.15448. and and floor from October between 1.1541 and 1.1546.

The next target is the falling 200 hour MA at 1.15627 and the 50% of the same move lower at 1.1568.

In the video, I talk about the technicals driving this pair and roadmap as we head into the new trading day.

This article was written by Greg Michalowski at investinglive.com.

OpenAI has inked more than $1.4 trillion of infrastructure deals, raising questions about how it will pay for those commitments.

OpenAI has inked more than $1.4 trillion of infrastructure deals, raising questions about how it will pay for those commitments.

Former DOJ employee Sean Dunn was charged with tossing a Subway sandwich at a federal officer who had been deployed to Washington by President Trump.

Former DOJ employee Sean Dunn was charged with tossing a Subway sandwich at a federal officer who had been deployed to Washington by President Trump.