Several Wall Street firms hiked their year-end outlooks for the S & P 500 , citing continued strength in the artificial intelligence trade and easing concerns tied to tariffs. Deutsche Bank said the broad index can now ended the year at 7,000, up from 6,550. Wells Fargo said it expects the average to finish 2025…
One Wall Street strategist is wary of the near-term market outlook, even as the consensus grows more optimistic. JPMorgan equity strategist Dubravko Lakos-Bujas is worried the S & P 500 could suffer a near term pullback of roughly 5% to 8%, equal to the benchmark index slumping as low as 6,200 or 6,000, respectively, and…
My top 10 things to watch Wednesday, Sept. 10 1. The S & P 500 and Nasdaq were set for strong opens this morning, boosted by Oracle ‘s blockbuster earnings report and a much cooler-than-expected wholesale inflation report. The S & P 500 and Nasdaq were coming off record highs in yesterday’s session. 2. The…
Oracle Corp. shares surged to a record after the company gave an aggressive outlook for its cloud business, stunning Wall Street and galvanizing hopes that the post-ChatGPT global AI infrastructure build-out is accelerating. The company is on track to add about $200 billion to its market value if the stock’s 30% premarket gain holds through…
Oracle Chair and Chief Technology Officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images News | Getty Images John DiFucci from Guggenheim Securities said he was “blown away.” TD Cowen’s Derrick Wood called it a “momentous quarter.” And Brad Zelnick of Deutsche Bank…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Tuesday and what’s on the radar for Wednesday’s session. Oracle Oracle shares are booming,…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 9, 2025. Brendan McDermid | Reuters S&P 500 futures rose slightly on Tuesday night, boosted by a positive forecast from Oracle, as traders looked ahead to the release of new inflation data. Futures tied to the broad…
Check out the companies making headlines after the bell : Oracle — The tech old guard jumped 23% after reporting that multicloud database revenue from Amazon, Google and Microsoft grew at the rate of 1,529% in its last quarter. Shares surged despite the company also reporting fiscal first-quarter earnings and revenue that came in below…
My top 10 things to watch Tuesday, Sept. 9 1. Apple is expected to announce the skinniest version of the iPhone ever as part of its refreshed iPhone 17 lineup today at its fall hardware event, starting at 1 p.m. ET. This could be the kind of product that convinces some people to ditch their…
The AP obtained tens of thousands of pages of classified and internal documents that show how U.S. companies designed and marketed systems that became the foundation for China’s digital cage. (AP Video/Serginho Roosblad, Marshall Ritzel) The AP obtained tens of thousands of pages of classified and internal documents that show how U.S. companies designed and…