πŸ“Š Fed Eases Policy Amid Labor Concerns

Hi everyone, here is your πŸ“Š Daily Trade.

Here's what's happening today:

πŸ“‰ Fed cuts rates amid labor market concerns
πŸš€ DraftKings acquires Railbird for prediction markets
πŸ“Š GM expects 2026 earnings to surpass 2025
πŸ”‹ MN8 and Eos sign major energy storage deal
πŸ’° SunPower reports record profits in Q3'25
🎁 +8 more stories you might like
πŸ“‰ Fed Eases Monetary Policy Amid Labor Market Concerns Link
  • The Federal Reserve cut rates by 25 basis points in September, citing labor market softness.
  • Equity markets rose in Q3, driven by AI interest and spending.
  • Economists predict a recession risk of 34% within the next year.
πŸš€ DraftKings Enters Prediction Markets with Railbird Acquisition Link
  • DraftKings acquired Railbird Technologies to expand into prediction markets.
  • The acquisition supports DraftKings' strategy for regulated event contracts.
  • DraftKings plans to launch a mobile app for trading real-world outcomes.
πŸ“Š GM Projects 2026 Earnings to Surpass 2025 Results Link
  • GM expects 2026 earnings to exceed 2025, driven by multiple strategic levers.
  • The automaker plans to continue aggressive share repurchases.
  • Shares rose over 10% following the positive earnings outlook.
πŸ”‹ Eos Energy and MN8 Energy Ink Major Storage Deal Link
  • Eos Energy signs a supply agreement with MN8 Energy for up to 750 MWh of energy storage.
  • The agreement supports high-demand sectors like data centers and manufacturing.
  • Eos' zinc-based technology offers a reliable, American-made storage solution.
πŸ’° SunPower Reports Record Q3 Profits Amid Revenue Growth Link
  • SunPower reports record operating income of $3.12 million in Q3'25.
  • The company forecasts further growth in Q4 with revenue expected to reach $83.3 million.
  • SunPower's strategic acquisition of Sunder Energy boosts salesforce and market reach.

Other news & articles you might like

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  • πŸ“ˆ Industrials stocks move in after-market session (Link)
  • πŸ“‰ ABAT stock drops after grant rescindment (Link)
  • πŸ›‘οΈ Retail faces cyber pressure despite ransomware dip (Link)
  • 🌎 Insigneo to acquire VectorGlobal accounts (Link)
  • πŸ“ˆ Louisiana's economy expands, Moody's reports (Link)
  • πŸ’΅ Disc Medicine prices $250M public offering (Link)

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