FINANCE
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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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Dow Jones Futures: Stock Market Rally Begins; Nvidia Partner Super Micro Falls Late
Dow Jones futures fell modestly after hours, along with S&P 500 futures and Nasdaq futures. AI play Super Micro Computer (SMCI) tumbled late on an earnings miss and weak guidance. The stock market rebounded Tuesday after several days of sharp losses, despite a late fade. Nvidia (NVDA) and Meta Platforms (META) led megacaps, while MercadoLibre (MELI) broke out and AI…
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Better Stock-Split Buy: Broadcom vs. Chipotle
Stock splits have been a popular market theme in recent times, with giants across industries launching these operations. Why do investors love stock splits? Because they lower the per-share price of a stock, making it easier for a broader range of investors to get in on that particular player. In a split, a company issues additional shares to current holders,…
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Arm Stock Falls On Earnings Outlook Miss
Chip designer Arm Holdings (ARM) late Wednesday beat analyst estimates for its fiscal first quarter. But Arm stock fell in extended trading after its earnings outlook came up short. ↑ X NOW PLAYING Highway To The Profit Zone: How To Manage Extended Stock Moves The Cambridge, England-based company earned an adjusted 40 cents a share on sales of $939 million…
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Dow Jones Futures Rise: Fed Rate Pivot Looms; Tech Giants’ AI Comments Key
Dow Jones futures rose slightly Sunday evening, along with S&P 500 futures and Nasdaq futures. AI tech titans Apple (AAPL), Microsoft (MSFT), Meta Platforms (META) and Amazon.com (AMZN) headline a massive week of earnings. The Federal Reserve this week is expected to signal that rate cuts are coming soon. ↑ X NOW PLAYING These Magnificent Seven Stocks Have Earnings Due…
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Stocks Caught in Tug of War Between Tech and Rest: Markets Wrap
(Bloomberg) — A renewed rout in the world’s largest technology companies dragged down the stock market in the last few minutes of trading, despite gains in areas that would benefit the most from Federal Reserve rate cuts. Most Read from Bloomberg About 300 companies in the S&P 500 advanced — but the index itself fell. While economically sensitive groups such…
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Biden dropping out presents ‘another curveball’ for stocks
On Sunday, President Biden announced he will not seek reelection in November, adding to uncertainty about who will be in the White House in 2025. Stocks appeared to shrug off worries related to the election, with the S&P 500 rising over 1% on Monday. Investors also gained clarity over the state of the Democratic ticket, as Biden was joined by…
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