The corporate earnings season is set to pick up this week, with results from the Oil & Gas, Infrastructure and Capital Goods, Financial Services, and FMCG sectors. Market attention will be keenly focused on a host of Nifty 50 and prominent large-cap companies scheduled to announce their performance for the quarter. The week begins with…
US stocks climbed on Thursday as the US confirmed a highly anticipated meeting with China next week and investors parsed through a fresh batch of quarterly results after Tesla (TSLA) and IBM (IBM) earnings fell short. The tech-heavy Nasdaq Composite (^IXIC) led the gains, rising 0.9%, while the S&P 500 (^GSPC) added 0.6%. The Dow…
US stocks climbed on Thursday as the US confirmed a highly anticipated meeting with China next week and investors parsed through a fresh batch of quarterly results after Tesla (TSLA) and IBM (IBM) earnings fell short. The tech-heavy Nasdaq Composite (^IXIC) led the gains, rising 0.9%, while the S&P 500 (^GSPC) added 0.6%. The Dow…
This article first appeared on GuruFocus. Sep 9 – Artificial intelligence (AI) stocks stayed in the spotlight Tuesday as Nebius Group (NASDAQ:NBIS) unveiled a multibillion-dollar contract with Microsoft (NASDAQ:MSFT) while investors looked ahead to Oracle’s (NYSE:ORCL) quarterly results. Nebius said it struck a $17.4 billion deal to supply AI infrastructure to Microsoft over the next…
By Lewis Krauskopf NEW YORK (Reuters) -A wobble in U.S. technology shares has raised the stakes for Nvidia Corp’s quarterly results on Wednesday, with earnings from the semiconductor giant posing a crucial test for the scorching AI trade. The benchmark S&P 500 has pulled back this week from record levels, dragged lower by a roughly…
Americans looking to replace an appliance, restock their pantry, or refresh their household cleaning products all seem to be angling for the same thing right now — lower prices. Comments from companies ranging from Whirlpool (WHR) to Procter & Gamble (PG), as well as major snack brands like PepsiCo (PEP) and Coca-Cola (KO), have told…
Tech led declines in US stocks on Tuesday after notching new all-time highs the prior day, as Wall Street waded through a fresh wave of earnings that brought a tariffs warning from General Motors (GM). The Nasdaq Composite (^IXIC) dropped 0.9% ahead of the first Big Tech quarterly results, and the S&P 500 (^GSPC) fell…