The seemingly unstoppable US stock market continues to rise despite Big Tech’s slump, as the gains diversify to industry groups like real estate that struggled through the first half of the year. The same, however, cannot be said for corporate profits. And that raises a question about how long the breadth of the rally can…
After a week when inflation fears revived, bond yields jumped and US presidential politics stewed, the biggest takeaway for risk-asset bulls may be how little any of it ended up bothering them. True, a selloff in Treasuries pushed US 10-year yields to the highest since July, revving up anxiety across Wall Street and formally ending…
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Apple (AAPL), Microsoft (MSFT), Google-parent Alphabet (GOOGL), Amazon.com (AMZN) and Meta Platforms (META) all report this coming week, with enormous implications for the tech sector and broader market. Big economic reports also are on tap, including the October jobs report….
Wall Street is about to get hit with the newsiest week yet ahead of the election — just as the stock market has started to falter. Investors will contend with earnings results from five of the Magnificent Seven companies next week. Alphabet’s results are set to be released Tuesday. Microsoft and Meta Platforms post their…
Dow Jones futures rose modestly Friday morning, along with S&P 500 futures and Nasdaq futures. Apple (AAPL), Tesla (TSLA), Deckers (DECK) and AI chip IPO Astera Labs (ALAB) are all in focus. ↑ X NOW PLAYING S&P 500 Giants Report Earnings. Will Megacap Results Sustain The Tech Surge? Apple stock got a Keybanc downgrade to…
Celestica Celestica CLS $10.07 17.52% 528% IBD Stock Analysis Stock gapping out of a consolidation CLS rallies on Q3 earnings Relative strength line at long-term high Composite Rating Industry Group Ranking Emerging Pattern Consolidation * Not real-time data. All data shown was captured at 11:56AM EDT on 10/24/2024. Celestica (CLS) is the IBD Stock Of…
Dexcom (DXCM) stock crashed late Thursday even though the diabetes devices player beat Wall Street’s third-quarter expectations and reiterated its outlook for the year. ↑ X NOW PLAYING How To Buy Stocks: Profit From Earnings Reports Using This Option Strategy The report follows the launch of Dexcom’s newest continuous glucose monitor, or CGM, known as…
Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024 Source: Tesla | Youtube Tesla CEO Elon Musk, already the world’s richest person, added another $26 billion in paper wealth on Thursday after his company’s stock had its biggest rally since 2013….
Western Digital (WDC) stock jumped late Thursday, after the data storage company reported a mixed fiscal first quarter. Earnings exceeded expectations while revenue came in slightly lower than what analysts expected but still represented a 49% year-over-year jump. ↑ X NOW PLAYING AI Levels Up: Inside The Chips Driving Nvidia Stock Western Digital said that it earned an…
Elon Musk, already the richest man in the world, saw his wealth grow by an astonishing $34 billion in a single day on Thursday, cementing his lead atop the ultra-rich rankings. The surge in his net worth followed a blockbuster earnings report from Tesla that sent the company’s stock soaring by 22%, marking its best…