Asian stocks are expected to rise on Thursday, following a positive trend set by Wall Street. After a slight dip in technology shares, buyers returned, encouraged by signs of a strong US labor market. This rebound is significant as it reflects growing investor confidence, which could lead to further market stability and growth.

E.l.f. Beauty's stock has taken a hit as the company revised its full-year sales guidance, now projecting an increase of only 18% to 20%, which falls short of Wall Street's expectations. This news is significant as it reflects growing concerns about consumer spending in the U.S., indicating that even established brands are feeling the pressure of economic uncertainty.

Wall Street is bracing for significant changes under the leadership of Mamdani, raising concerns about New York City's competitiveness in the financial sector. As Mamdani takes the helm, investors and analysts are worried about potential shifts that could impact the city's status as a financial hub. This situation is crucial as it could influence investment decisions and the overall economic landscape of the region.

MetLife reported its latest earnings, surpassing expectations by $0.03, which is a positive sign for the company. However, its revenue fell short of estimates, raising some concerns among investors. This mixed performance highlights the challenges the company faces in a competitive market, making it crucial for stakeholders to monitor future developments closely.

Robinhood Markets Inc. has reported a third-quarter profit that exceeded Wall Street's expectations, but the company's cryptocurrency revenue has missed estimates. This is significant as it highlights the challenges Robinhood faces in the volatile crypto market, especially with the departure of its CFO in the first quarter, which could impact future strategies.

Wall Street has shown a remarkable rebound as solid economic data and strong corporate earnings have alleviated concerns about overvaluation. This positive shift is significant as it reflects investor confidence and suggests a resilient economy, which could lead to sustained growth in the markets. The combination of favorable reports and robust earnings from major companies indicates that the financial landscape may be more stable than previously thought.

Wall Street is reacting positively to disappointing job news, with stocks rising as investors speculate that a soft labor market could prompt the Federal Reserve to cut interest rates in December. Jamie Cox from Harris Financial Group suggests that the latest ADP report indicates a shift in monetary policy could be on the horizon, which is significant for the economy and investors alike. This optimism reflects a broader belief that easing rates could stimulate growth.

Wall Street is gearing up for another year of increased bonuses, according to a new report from Johnson Associates. This marks the second consecutive year of growth, driven by market volatility and mergers and acquisitions. Chris Connors, a principal at Johnson Associates, discussed the findings on Bloomberg Open Interest, highlighting the positive outlook for financial professionals. This news is significant as it reflects the resilience of the financial sector and could boost morale among employees, potentially leading to increased spending and investment.