FINANCE
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Stocks Fall as Jobs Leave ‘Little Room for Error’: Markets Wrap
(Bloomberg) — Stocks whipsawed ahead of US jobs data that will be key in determining the size of a Federal Reserve rate cut in September. Most Read from Bloomberg In a session of several twists and turns, the S&P 500 finished lower. That’s despite a rally in a handful of big techs. Treasury yields fell slightly, with traders still pricing…
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Dow Jones Futures Fall With S&P 500 In Power Trend; Tesla Rival Leads 7 Stocks In Buy Zones
Dow Jones futures fell slightly Monday evening, while S&P 500 futures were little changed and Nasdaq futures rose modestly. U.S. markets were closed for Labor Day. ↑ X NOW PLAYING S&P 500 Enters Power Trend; Broadcom, Comfort Systems, NextEra Energy In Focus The stock market rally showed mixed action last week. The Dow Jones hit a record high while the…
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S&P 500 Spikes in Last 10 Minutes of US Trading: Markets Wrap
(Bloomberg) — Stocks climbed in the final stretch of a wild August, with traders bracing for what’s historically known as the worst month for equities. Most Read from Bloomberg For all the whiplash in global markets just a few weeks ago, the S&P 500 closed within a whisker of its all-time highs. Equities spiked in the last 10 minutes of…
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SentinelOne Earnings Beat As Guidance Meets Expectations| Investor’s Business Daily
SentinelOne (S) on Tuesday reported second quarter earnings and revenue that topped Wall Street estimates. The cybersecurity firm’s guidance for SentinelOne stock only met expectations amid views it may gain from rival CrowdStrike Holdings‘ (CRWD) recent setback. ↑ X NOW PLAYING AI Stocks Are Running. Is The Dot-Com Bubble A Blueprint Or A Cautionary Tale For Investors? Meanwhile, SentinelOne beat…
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The Stock Market Will Go Up No Matter Who Wins the 2024 Election
The economy is shaping up to be one of the biggest issues of the presidential election. That’s not surprising as Americans have endured the highest inflation cycle in 40 years, following a surge in the money supply due to trillions in stimulus spending during the pandemic. A recent Motley Fool survey showed 60% of respondents considered inflation a top financial…
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Snowflake Reports Widening Losses, Sending Its Stock Lower
Joan Cros / NurPhoto / Getty Images Key Takeaways Snowflake’s second-quarter revenue grew from the year-ago period and beat analysts’ projections, but losses widened as costs rose. The company’s outlook also missed analysts’ estimates compiled by Visible Alpha. Snowflake CEO Sridhar Ramaswamy highlighted the company’s opportunities related to artificial intelligence. Snowflake’s (SNOW) second-quarter revenue grew from the year-ago period and beat…
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Dow Jones Futures: Powell Due After Market’s Best Week In 2024; Nvidia, AI Stocks Near Buy Points
Dow Jones futures rose slightly Sunday evening, along with S&P 500 futures and Nasdaq futures. Federal Reserve chief Jerome Powell’s annual Jackson Hole speech looms large. Palo Alto Networks (PANW), Cava Group (CAVA) and TJX Cos. (TJX) are key earnings on tap with the stocks around buy areas. ↑ X NOW PLAYING Can This Cybersecurity Stock Benefit From CrowdStrike Debacle?…
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AMAT Stock: Applied Materials Delivers Beat-And-Raise Earnings Report
Semiconductor equipment vendor Applied Materials (AMAT) late Thursday beat Wall Street’s estimates for its fiscal third quarter and guided slightly higher than views for the current period. But AMAT stock fell in extended trading. ↑ X NOW PLAYING Top 3 Takeaways From The Musk-Trump Interview For Investors The Santa Clara, Calif.-based company earned an adjusted $2.12 a share on sales…
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Super Micro Computer Stock Climbs After Its Post-Earnings Swoon
Bloomberg / Contributor / Getty Images Key Takeaways Super Micro Technology stock posted solid gains on Monday, clawing back some of the losses posted after last week’s earnings report. Declining margins contributed to the pressure on the stock, but Supermicro said it sees a path to margin improvement through manufacturing efficiencies. A report published over the weekend highlighted the potential…
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Why Intel Stock Sank Again Today
Intel (NASDAQ: INTC) stock fell again in Friday’s trading. The company’s share price closed out the daily session down 3.8%, according to data from S&P Global Market Intelligence. The stock has been getting crushed lately, and its valuation took another hit today after the semiconductor specialist announced that it would be delaying its Intel Innovation conference. The company’s share price…
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