Dow Jones futures edged higher overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally had a mixed session Thursday, with the Dow Jones lagging and the Nasdaq leading, both on various earnings reports. Tesla (TSLA) was a huge winner, while ServiceNow (NOW) also was strong. ↑ X NOW PLAYING Nasdaq Rallies…
Companies providing infrastructure technology for AI data centers have posted strong third-quarter results. That’s been a positive for stocks such as Vertiv (VRT), Amphenol (APH) and Celestica (CLS). On Thursday, at least six Wall Street analysts raised their price targets on Vertiv stock after the company’s third-quarter earnings report. The Westerville, Ohio-based firm early Wednesday…
Top 10 things to watch Thursday, Oct. 24 CNBC’s Matthew J. Belvedere with the help of Jeff Marks wrote this dispatch. 1. The S & P 500 was trying to break a three-session losing streak. Stocks were given some relief from lower bond yields, which have been recently rising despite the Fed’s monetary easing. Bond…
ServiceNow (NOW) stock dipped after the enterprise software maker delivered third-quarter earnings and revenue that topped Wall Street targets but offered guidance that underwhelmed investors. Also, ServiceNow named Amit Zavery, previously Google Cloud Computing vice president, as president, chief product officer and chief operating officer. Late Wednesday, ServiceNow said its earnings for the quarter ended…
Two weeks after a robotaxi event that failed to inspire, Tesla re-pivoted rather more successfully — back to the car business. And yet Wednesday evening’s earnings call echoed the vagueness and confusion that marked that earlier event. Altogether, it tees up a high-stakes fourth quarter and, more importantly, 2025. Tesla beat the consensus earnings estimate…
Equities in Asia were primed for a pullback, while Treasury yields pushed the dollar higher as traders scaled back bets on Federal Reserve cuts. Australian shares and stock futures for Japan and Hong Kong all fell Thursday following a 0.9% decline for the S&P 500 on Wednesday, while the yen touched the weakest level against…
Check out the companies making headlines after the bell : T-Mobile U.S. — The telecommunications giant rose about 3% after posting a third-quarter earnings surprise to the upside. T-Mobile reported earnings per share of $2.61 on $20.16 billion in revenue, while analysts polled by LSEG had been looking for earnings of $2.42 per share on…
Dow Jones futures fell slightly after hours, while S&P 500 futures and Nasdaq futures rose modestly. Tesla (TSLA) and ServiceNow (NOW) headline a busy earnings night. Tesla stock jumped late as earnings unexpectedly rose, gross margins jumped and the EV giant predicted higher deliveries for the full year. Elon Musk is speaking on the earnings…
Tesla (TSLA) announced a surprise third-quarter earnings gain late Wednesday, with quarterly profit growing 9%, capping off a big month of announcements for the EV giant. Revenue came in light. But Tesla stock surged after the close Wednesday. The focus will now turn to Elon Musk and the Tesla earnings call, set to start at…
New Starbucks CEO Brian Niccol’s decision to preannounce disappointing earnings is no reason to sell the stock, Jim Cramer said Wednesday. “I find it surprising that anyone thinks [these results are] surprising,” Jim said. “If you sell the stock today, you’re only selling it because you’re reacting to the press reports and the analysts, who are backward…