The stock market rally had a trick-or-treat October. Now Palantir (PLTR), Robinhood (HOOD), Advanced Micro Devices (AMD), AppLovin (APP) and Astera Labs (ALAB) headline another big week of earnings. Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Berkshire Hathaway (BRKB) will report earnings on Saturday, with BRKB stock…
Dow Jones futures rose after hours, along with S&P 500 futures and Nasdaq futures. Apple (AAPL) and Amazon.com (AMZN) were earnings winners late Thursday, along with Western Digital (WDC), Cloudflare (NET) and more. The stock market rally retreated Thursday, with Meta Platforms (META) and some other megacaps leading the Nasdaq solidly lower. MongoDB (MDB) broke…
While Microsoft didn’t offer a specific forecast for its AI capital expenditures for the next quarter or coming year, the company’s chief financial officer, Amy Hood, said that the company’s total spend will “increase sequentially, and we now expect the fiscal year 2026 growth rate to be higher than fiscal year 2025.” Tech companies are…
Bloomberg News is tracking the daily gyrations and cumulative impact of Donald Trump’s second term on stocks, the dollar, 10-year Treasury notes, gold and Bitcoin. Click here to see the tracker . Trick or treat? Investors may get both this Halloween week. They need to brace for “heightened volatility as investors navigate central bank policy…
One of the busiest weeks of the earnings season is upon us, with more than 150 S & P 500 companies set to report. Among the stocks on deck are five of the “Magnificent Seven”: Apple , Amazon , Alphabet , Meta Platforms and Microsoft . Others include UnitedHealth and Caterpillar . So far, third…
U.S. stocks signaled another rally on Sunday night after the Trump administration negotiated a framework for a trade deal with China that should avoid mutual assured destruction. Treasury Secretary Scott Bessent offered rough outlines of an agreement that include China easing rare earth export restrictions and buying “significant” amounts of U.S. soybeans in exchange for President…
Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P 500 on Friday peaked above…
US stocks climbed to an all-time high on Friday, as traders cheered slower-than-anticipated September consumer price data that boosts optimism for an expected Federal Reserve interest-rate cut next week. The S&P 500 Index rose 0.8% at 9:55 a.m. in New York, with nine of 11 sectors in the green, led by technology. The Nasdaq 100…
A woman wearing a Gucci belt and bag is seen during Paris Fashion Week in September 2018 Christian Vierig | Getty Images Shares of Gucci owner Kering jumped over 9% on Thursday, hitting a 1-year high after the company’s sales decline narrowed and quarterly earnings beat estimates. The French luxury giant – whose brands include…
Elon Musk attends ‘Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk’ session during the Cannes Lions International Festival Of Creativity 2024 – Day Three on June 19, 2024 in Cannes, France. Marc Piasecki | Getty Images Tesla reported a 12% increase in third quarter revenue on Wednesday following two straight…