Finance
On Wednesday and Thursday, five firms that account for about a quarter of the US benchmark — Microsoft Corp., Alphabet Inc., Meta Platforms Inc., Amazon.com and Apple Inc. — will report results. A gauge of the “Magnificent Seven” megacaps jumped 2.6%. On trade, Trump told reporters on Monday that “I really feel good” about a deal with…
By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks rallied on Monday to a fresh intraday record while the dollar eased on optimism that a potential trade deal was on the horizon between China and the U.S., as investors awaited a slew of central bank policy announcements and earnings from several megacap companies. Top Chinese and…
The stock price is soaring ahead of strong earnings growth prospects next year. Share prices of Advanced Micro Devices (AMD +2.67%) soared to new highs recently on news of a transformative deal to supply chips for ChatGPT maker OpenAI. The surge in the share price comes ahead of the company’s upcoming third-quarter earnings report, expected…
Advanced Micro Devices Inc_ office sign-by Poetra_RH via Shutterstock Advanced Micro Devices (AMD) will release its third-quarter earnings on Nov. 4. Heading into earnings, AMD stock has rallied 113.8% year to date and hit a record high. This rally in AMD stock reflects the market’s optimism about its positioning in the artificial intelligence (AI) and…
Topline The S&P 500 reached a record high Monday, one day after the U.S. and China agreed to a trade pact framework that could prevent a broader trade war, news that sent gold prices tumbling. Chinese President Xi Jinping and U.S. President Donald Trump will meet Wednesday. (Photo by Thomas Peter-Pool/Getty Images) Getty Images Key…
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, traded slightly higher ahead of Tuesday’s open, after the stock market rallied to record highs Monday. Meanwhile, Nvidia (NVDA), Microsoft (MSFT), Palantir Technologies (PLTR) and Tesla (TSLA) were big winners on the stock market Monday, closing in buy zones. Nvidia stock rallied nearly…
Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) jumped 3.3% in the afternoon session after reports revealed the company was close to signing a letter of intent with Poland’s Ministry of Defense. The potential agreement aimed to improve collaboration in cybersecurity and artificial intelligence. This news added to a series of positive developments for the…
U.S. stock futures were mostly flat Monday evening after a strong start to the week. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were up 0.1%, 0.05%, and 0.05%, respectively, at 6:12 p.m. EDT on October 27. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off!…
US stock futures made modest gains Monday evening after Wall Street kicked off the week with record closes. Investors are in for a packed few days featuring Big Tech earnings, a Federal Reserve rate decision, and a key meeting on US-China trade. Dow Jones Industrial Average futures (YM=F) edged up roughly 0.1%, while S&P 500…
The Nasdaq composite shot to another all-time high in the stock market Monday, helped in part by a strong showing for Qualcomm (QCOM), as well as optimism about a China trade deal. Qualcomm surged more than 10% after the company announced new chips to compete with Nvidia (NVDA) in the AI data center market. Qualcomm…