November 4, 2024

In a Trump win, ‘buy-the-dip’ opportunity seen in European defence

Financial Wealth Daily8 months ago5 months ago03 mins

By Danilo Masoni MILAN (Reuters) – A Donald Trump victory in the race for the White House is widely seen as bullish for European defence stocks, given his warnings to scale back U.S. military support in the region and force NATO members to spend 2% or more of their GDP on defence. However, should he…

Fox Corp beats revenue estimates on robust political advertising

Financial Wealth Daily8 months ago5 months ago02 mins

(Reuters) -Fox Corp beat Wall Street expectations for first-quarter revenue on Monday, as the media company benefited from higher political advertising ahead of the U.S. presidential election, sending its shares up 5% in premarket trading. A large number of people sought out traditional news and television programs for updates on the Nov. 5 U.S. presidential…

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In a Trump win, ‘buy-the-dip’ opportunity seen in European defence

Fox Corp beats revenue estimates on robust political advertising