November 1, 2024
The company is offering a 38% wage increase over four years in its latest proposal. That is up from its original offer of 25%, which was overwhelmingly rejected by a union local representing machinists.
The U.S. GDP rose 2.8% in Q3, beating estimates. Also, the PCE inflation rate for Q3 was also down from the previous quarter.
The post GDP Rises While Inflation Drops, But Stocks Mixed on Soft Landing appeared first on ValueWalk.
Alphabet stock rose about 6% on Wednesday after the tech giant reported Q3 earnings that beat estimates, fueled by cloud revenue.
The post Alphabet Sees 35% Increase in Cloud Revenue in Q3 as Stock Soars appeared first on ValueWalk.