My top 10 things to watch Friday, March 28 1. Wall Street was headed for a lower open, with weekly gains as of Thursday’s close in jeopardy. Tariff uncertainty is sitting on the market as the Fed’s preferred inflation gauge came in hotter than expected. 2. The core personal consumption expenditures (PCE) price index rose…
Check out the companies making headlines in premarket trading: FedEx — Shares tumbled more than 8% after the parcel delivery company slashed its full-year guidance , citing “weakness” in the U.S. industrial economy. FedEx now said to expect between $18 and $18.60 in earnings per share after certain exclusions, down from the range of $19…
Here are five key things investors need to know to start the trading day: 1. Tech support 2. OpenAI offer Chief Technology Officer of X Elon Musk speaks onstage during the “Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk” session at the Lumiere Theatre during the Cannes Lions International Festival…
Here are the most important news items that investors need to start their trading day: 1. A bumpy ride Stock futures climbed Monday as investors digested the latest phase in a brewing global trade war. The three major U.S. averages dipped last week. The S&P 500 slipped by 0.2%, while the Dow Jones Industrial Average…
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images Steel and aluminum stocks surged in premarket trading on Monday after President Donald Trump said he will impose 25% duties on all imports of the metals into the…
Check out the companies making headlines before the bell. Semtech – The semiconductor manufacturing company plunged more than 28% after it warned in an 8-K filing that fiscal 2026 net sales from its CopperEdge products used in active copper cables are now underperform “due to rack architecture changes.” Semtech also said that it doesn’t expect…
A leading EU official has denied taking a softer approach to Big Tech, citing a “very clear legal basis” for regulators and pointing to several ongoing investigations into the likes of social media platform X and Meta. The FT reported earlier this week that the EU was reassessing investigations into Apple, Google and Meta —…
My top 10 things to watch Wednesday, Dec. 11 1. Wall Street is set for a higher open after the consumer price index report for November came in as expected. Headline CPI was up 0.3% month over month and 2.7% on an annual basis. Ex-food and energy, core CPI was up 3.3% on a 12-month…
Check out the companies making the biggest moves in premarket trading: U.S. Steel — Shares tumbled 7% after President-elect Donald Trump said late Monday he will block the purchase of the steelmaker by Japan’s Nippon Steel. A deal was reached in late 2023 for Nippon Steel to buy U.S. Steel, but it has since encountered…