{
Mathieu Crettaz

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mixed economic signals as services grow and manufacturing contracts in october

October PMI data reveals mixed sector performance, with the US Composite PMI rising to 54.3, driven by services, while manufacturing continues to contract. In the Eurozone, the PMI index slightly improved to 49.7, indicating ongoing challenges in manufacturing despite a modest slowdown in the decline. On the corporate front, Tesla exceeded expectations with a net income of $2.18 billion, while Galenica in Switzerland reported a 4.1% sales increase, outperforming the pharmaceutical market's 2.9% growth, largely due to anti-cold medicine sales.
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United States Dollar Tesla, Inc. Galenica AG USA Mathieu Crettaz Elon Musk Donald Trump Show more
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12:00 28.10.2024
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