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 as the S & P 500 closed at a fresh record, and what’s on the…
My top 10 things to watch Friday, Dec. 13 1. Insatiable demand for AI computing from all hyperscalers, including Apple . That’s the takeaway from Club holding Broadcom’s earnings report, which has shares soaring more than 17%. CEO Hock Tan estimated its “serviceable addressable market” for AI is $60 billion to $90 billion by 2027….
Check out the companies making headlines in premarket trading: Broadcom — Shares of the semiconductor maker jumped nearly 17% after the company’s fiscal fourth-quarter earnings exceeded expectations. CEO Hock Tan said Broadcom is developing custom artificial intelligence chips with three large cloud customers. The company also said its AI revenue for the year more than…
Market Overview The major indices closed with losses: S&P 500 decreased by 0.5%, Nasdaq Composite fell by 0.7%, and Dow Jones Industrial Average dropped by 0.5%. The Russell 2000 underperformed, declining by 1.3%. The market showed a downside bias, with decliners outnumbering advancers by a 3-to-1 margin at the NYSE and a 5-to-2 margin at…
Traders work on the floor of the New York Stock Exchange. NYSE Dow futures were little changed in overnight trading Thursday following a losing session on Wall Street. Futures tied to the Dow Jones Industrial Average hovered near the flatline. S&P 500 futures advanced nearly 0.2%, while Nasdaq-100 futures rose 0.5%. Broadcom gained 14% after…
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on November 26, 2024, in New York City. Timothy A. Clary | Afp | Getty Images U.S. stock futures were little changed Wednesday night after the tech-heavy Nasdaq Composite finished above the 20,000 level for the first time….
My top 10 things to watch Monday, Oct. 21 1. Wall Street is on pace for a weaker open. Bonds are in control as the long end of the yield curve keeps going higher. The yield on the benchmark 10-year Treasury note hit 4.132%, its highest level since July 31. In my Sunday column for…
My top 10 things to watch Friday, Sept. 13 1. The S & P 500 is trying close out the second week of September trading with its fifth straight positive session. What a difference a week makes. The index has now erased almost all of last week’s bruising losses. At our September Monthly Meeting for…