The final full week of trading for the month of November will bring investors two crucial earnings reports and the restoration of the September jobs report, which will set the tone for the year’s final weeks of trading. Results from Nvidia (NVDA) after the close on Wednesday and Walmart (WMT) on Thursday morning will provide…
young man standing in front of the projection reflected stock market | Image Credits:Getty Images A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence. The Wall Street Journal reports that the Nasdaq Composite Index was down 3% — making this its worst week since President Donald Trump announced…
Apple’s latest earnings report, which comes on the heels of its new iPhone 17 rollout, helped lift Asian stocks Friday (JUSTIN SULLIVAN) Asian stock markets mostly rose Friday morning, with a surge in Japanese shares coming after better-than-expected earnings reports from US tech behemoths Apple and Amazon. Investor confidence in artificial intelligence has fuelled a…
This article first appeared on GuruFocus. Oct 23 – U.S. stock markets edged higher Thursday as investors attempted to recover from Wednesday’s broad declines. The S&P 500 rose about 0.3%, while the Dow Jones Industrial Average gained roughly 28 points, or 0.1%. The Nasdaq Composite outperformed, climbing 0.6% on strength from tech names including Nvidia…
Shares in Halliburton (HAL) rallied after beating on revenue and earnings per share (EPS) for the third quarter, and announcing a deal for data center power infrastructure. Oilfield services giant Halliburton reported revenue of $5.6 billion in the third quarter, beating consensus estimates of $5.4 billion, and adjusted earnings per share of $0.58 per share,…
US stocks marked time before the bell on Tuesday as Wall Street geared up for the next wave of corporate results, with General Motors and Netflix (NFLX) highlighting the docket. Dow Jones Industrial Average futures (YM=F) slipped 0.2%, while S&P 500 futures (ES=F) nudged down 0.1%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) also edged…
Inflation data will highlight an otherwise tame earnings and economic calendar in the first full trading week of September as investor attention turns to the Federal Reserve’s next policy meeting. Stocks finished last week on a down note, with stocks sliding after a soft August jobs report served as the latest piece of evidence that…
Wall Street expects Broadcom to post 34% year-over-year growth in adjusted earnings per share for the fiscal third quarter. (Bloomberg) — Investors worried about faltering momentum in the artificial intelligence trade are looking for a spark from Thursday’s earnings report by the world’s hottest chipmaker: Broadcom Inc. Most Read from Bloomberg But after the more…
With chatter today that the government is nearing taking a 10% stake in Intel, I guess I shouldn’t be shocked the bruised tech giant is hoping to gain some Street cred on its future product roadmap by tapping Softbank and Masa for cash. Embattled Intel CEO Lip Bu Tan also gains a Trump friend in…
The US trade partners that believed they had worked out agreements with President Trump to avoid the harshest tariffs — such as the exemption for UK steel — are still waiting for their “deals” to be sealed, Bloomberg reports. And they’re growing impatient as the tariffs’ impact are beginning to have economic consequences. “We’re continuing…