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Greens Stun Labour in Historic Gorton & Denton Upset

  The Green Party's Hannah Spencer joyous after the results of the Gorton and Denton by-election were announced Prime Minister Keir Starmer has been dealt a significant political setback after the Green Party captured Gorton and Denton, a Greater Manchester seat Labour had held for nearly a century. The by‑election result pushed Labour into third place, behind both the Greens and Reform UK, highlighting growing fractures in Britain’s traditional two‑party landscape. Green candidate Hannah Spencer secured the victory with a commanding share of the vote, marking the party’s first parliamentary by‑election win in northern England. Reform UK finished second, while Labour’s unusually weak performance intensified pressure on Starmer amid ongoing political turbulence and calls for stronger leadership.  The loss of such a long‑standing Labour stronghold underscores shifting voter sentiment and raises questions about the party’s ability to maintain its traditional base. Analysts have...
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US Stock Futures Rise Despite Tesla’s Disappointing Earnings Report

 


The US stock market futures were slightly higher today despite Tesla’s disappointing earnings report and the release of the GDP print. 

The US economy grew at a 3.3% annual pace in the fourth quarter, faster than expected. Tesla reported Q4 earnings that missed estimates and issued a downbeat full-year production outlook. 

The S&P 500 is particularly concentrated in a few big names, notably the “Magnificent Seven” tech stocks. This concentration may make some investors ill at ease. But that’s no reason to be bearish. The benchmark average hit a record high as investors turned to a fresh set of corporate earnings for direction.

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