Tag: markets news

Key Takeaways PayPal shares fell after the digital funds firm issued weaker-than-expected steering for the primary quarter and full 12 months amid an organization transformation. The corporate posted fourth-quarter earnings that surpassed analysts' expectations as a consequence of a robust vacation season. The PayPal share value might discover help round

The S&P 500 is little modified forward of the opening bell after hitting a contemporary report excessive simply shy of 5,000 factors on Wednesday. Shares in Arm Holdings (ARM) soared after robust AI-fueled outcomes, whereas Disney (DIS) obtained a lift from better-than-expected outcomes, its newest foray into the gaming house

Key Takeaways The S&P 500 gained 0.8% on Wednesday, Feb. 7, 2024, as robust earnings experiences from tech and client discretionary corporations helped shares push increased. Photo voltaic firm Enphase Power and electrical tools supplier Emerson Electrical issued optimistic 2024 forecasts, and their shares soared. Shares of VF Corp. dropped

Key Takeaways Information Corp shares gained in pre-market buying and selling Thursday after the corporate surpassed analysts' fiscal second-quarter earnings and gross sales estimates on account of a surge in digital subscriptions. CEO Robert Thomson stated the corporate intends to be a core content material supplier for generative AI firms.

Key Takeaways U.S. equities rose at noon Wednesday, Feb. 7, 2024 as tech and shopper discretionary shares gained after a slew of recent earnings studies.  Shares of Enphase Vitality and different photo voltaic shares rose after the photo voltaic tools maker gave a constructive outlook for demand and stock discount.

Key Takeaways Robinhood shares jumped after reporting fourth-quarter earnings and income that got here in forward of analysts' expectations. Increased-than-anticipated curiosity revenue on buyer loans and a rebound in cryptocurrency and fairness buying and selling underpinned the quarterly outcomes. Robinhood shares face a key check close to $13 on the

Key Takeaways Diamondback Power shares rose in pre-market buying and selling Monday after asserting a $26 billion merger take care of Endeavor Power Sources. Deal exercise has elevated within the power sector over the previous six months as producers search prime acreage to ramp up manufacturing amid increased oil costs.

Key Takeaways U.S. equities rose at noon Monday, Feb. 12, 2024, with the S&P 500 and Dow reaching recent highs forward of Tuesday's inflation report and extra earnings reviews. VF Company was the best-performing inventory within the S&P 500 following reviews its founding household is backing activist investor Engaged Capital

Key Takeaways David Tepper's Appaloosa Administration entered a number of new positions within the fourth quarter, the largest of these being massive holdings in Oracle and the ARK Innovation ETF. Appaloosa additionally initiated positions in house enchancment, constructing supplies, and building corporations, together with Masco, Mohawk Industries, Owens Corning, and

The buyer worth index studying for January, due for launch this morning, is predicted to point out continued indicators of cooling inflation, supporting the case for the Federal Reserve to start out chopping rates of interest. Coca-Cola’s (KO) fourth-quarter gross sales and steering got here in better-than-expected, whereas Tripadvisor (TRIP)