Fed to end balance sheet reduction on December 1
Reuters· 2025-10-29 18:06
The Federal Reserve on Wednesday said it is ending the drawdown of its $6.6 trillion balance sheet amid evidence money market liquidity conditions have begun tightening and bank reserve levels dropping. ...
Fed reducing rates due to labor market deterioration risk, says economist Claudia Sahm
Youtube· 2025-10-29 18:05
How much does the lack of data factor into what your views are or are not. >> Well, so it's we do have a lot of information about the labor market and particularly the labor market. There's a lot of private sector data. There's surveys.What we're missing is the core of the data. Not having the federal statistics, not having the employment report, household survey, particularly measure of unemployment. And I it's you know the timing is really unfortunate because again as as you noted it's the the Fed began r ...
GM cuts thousands of EV and battery factory workers
TechCrunch· 2025-10-29 18:05
In Brief General Motors is laying off thousands of workers across multiple electric vehicle and battery plants in the U.S., according to multiple outlets.Around 1,200 employees at the company’s EV factory in Detroit, Michigan are being placed on “indefinite layoff.” Further cuts and temporary layoffs are being made at GM’s Ultium Cells battery factories in Ohio and Tennessee. GM will also idle those battery factories starting on January 5, according to the Wall Street Journal, with plans to resume productio ...
Graham Holdings Company (NYSE:GHC) Surpasses Earnings Expectations
Financial Modeling Prep· 2025-10-29 18:04
Core Insights - Graham Holdings Company (GHC) is a diversified conglomerate with operations in education, manufacturing, and healthcare, known for strategic investments and acquisitions that enhance its market presence [1] Financial Performance - On October 29, 2025, GHC reported an earnings per share (EPS) of $27.91, significantly exceeding the estimated EPS of $11.23 [2][6] - The company achieved a revenue of $1.28 billion, surpassing the anticipated $1.22 billion, with a revenue growth of 6% from the previous year's $1.21 billion [2][3][6] Sector Contributions - Revenue growth is primarily driven by increased earnings in the education, manufacturing, and healthcare sectors, which have significantly contributed to the company's overall financial health [3] Valuation Metrics - GHC has a price-to-earnings (P/E) ratio of 6.27, indicating an attractive valuation compared to its earnings [4] - The price-to-sales ratio is 1.27, and the enterprise value to sales ratio is 1.54, suggesting solid market valuation relative to sales [4] Financial Stability - The company has a debt-to-equity ratio of 0.26, indicating a low level of debt compared to equity [5] - A current ratio of 1.32 reflects GHC's ability to cover short-term liabilities, ensuring liquidity [5] - The earnings yield stands at 15.95%, highlighting the company's profitability and strong return on investment for shareholders [5]
Fortive Corporation Surges Then Comes Back to Earth After Earnings Beat
247Wallst· 2025-10-29 18:04
Fortive Corporation beat earnings expectations this morning, delivering adjusted EPS of $0.68 against a $0.57 estimate and raising full-year guidance. ...
Market Whales and Their Recent Bets on BIDU Options - Baidu (NASDAQ:BIDU)
Benzinga· 2025-10-29 18:02
Deep-pocketed investors have adopted a bearish approach towards Baidu (NASDAQ:BIDU), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BIDU usually suggests something big is about to happen.We gleaned this information from our observations today when Benzinga's options scanner highlighted 31 extraordinary options activities for Baidu. This ...
Avnet, Inc. 2026 Q1 - Results - Earnings Call Presentation (NASDAQ:AVT) 2025-10-29
Seeking Alpha· 2025-10-29 18:02
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...
Fed cuts rates for the second time this year, will end balance sheet run-off in December
CNBC· 2025-10-29 18:02
US Federal Reserve Chair Jerome Powell speaks at a news conference at the Federal Reserve headquarters, following the Federal Open Market Committee (FOMC) meeting in Washington, DC, on Sept. 17, 2025.The Federal Reserve on Wednesday approved its second straight interest rate cut, a widely expected move that came despite little recent visibility on the economy due to the government shutdown.By a 10-2 vote, the central bank's Federal Open Market Committee lowered its benchmark overnight borrowing rate to a ra ...
Dr. Reddy's: Underappreciated Future Amid Exaggerated Headwinds
Seeking Alpha· 2025-10-29 18:02
I am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are cheaply available and have a catalyst in the near future. My investment horizon ranges from a quarter to two years. I have over 3 years of active investing experience and served as buy side analyst at boutique research firm and family offices.Analyst’s Disclosure:I/we have no stock, option or sim ...
Fiserve shares tank 40% after ‘shockingly bad' earnings as new CEO shakes up leadership, yanks forecasts
New York Post· 2025-10-29 18:02
Fiserv’s shares plummeted more than 40% on Wednesday and were set for a record single-day drop after the payments software company reported results below estimates and cut its growth forecast for the second consecutive quarter, with analysts calling the earnings “shockingly bad.”The disappointing earnings highlight growing pressure on the fintech’s core payments and merchant business, which has struggled to maintain momentum amid fierce competition and a slowdown in consumer spending.Fiserv also announced a ...