Stock futures opened slightly higher Wednesday evening after a mixed day in the markets, with the major equity indexes pulling back from record levels. Traders looked ahead to more earnings and economic reports on Thursday. Contracts on the S&P 500 ticked up. The blue-chip index dropped on Wednesday after posting two consecutive days of record closing highs. The Dow also declined, while the Nasdaq ended slightly higher. Investors on Thursday are set to receive more earnings data, as well… Source link
Read More »Stocks edge lower ahead of technology earnings
Stocks pulled back on Monday as investors awaited a slew of earnings results from the Big Tech companies, as well as a myriad of other corporations across industries this week. The Dow edged lower, giving back some gains after the 30-stock index set an all-time closing high on Friday. The S&P 500 also ticked down after reaching a record intraday high last week. The Nasdaq dipped, though shares of Tesla (TSLA) rallied to an all-time high. U.S. West Texas intermediate (CL=F) crude oil prices… Source link
Read More »Grocers grapple with supply chain, labor woes as shelves empty out ahead of holidays
Can’t find what you need at the store again? You’re not alone. Shoppers pushing their carts around the supermarket may notice thin shelves while reaching for their favorite products, as the increasingly hits home for consumers already stung by higher prices on virtually everything. Bare store shelves were common at the start of the pandemic, driven largely by panic-buying. But almost two years in, some spaces are empty again — but for slightly different reasons. As the holiday season… Source link
Read More »Netflix has ‘long runway ahead’ after ‘Squid Game’ success; Chappelle headwinds loom
Netflix’s (NFLX) Q3 subscriber growth estimates topped expectations following a slow start to the year — but there could be still be trouble looming for the streaming platform as controversies flare. Net subscriber additions totaled 4.38 million versus the 3.72 million expected. This represented a significant rebound from the second quarter, when just 1.5 million new paying users joined the streaming service. A particularly strong content slate helped fuel subscriber momentum, but not even… Source link
Read More »Pixel 6 rumors: All the buzz ahead of Google’s event tomorrow
Google’s Pixel 6 phones. Google Google’s new phones, the
Read More »UPS upgraded by Stifel ahead of expected holiday shipping crunch – Yahoo Finance
Amid a strained period for supply chains across the country, UPS looks like a bright spot for investors, according to a new note from Stifel. Stifel upgraded the stock from Hold to Buy, noting that “there’s a lot to like about the fundamental UPS story right now,” raising its target price to $224. “I’d say that UPS is in the best position or at least one of the best positions” amid the holiday shopping season, Stifel’s Bruce Chan said on Yahoo Finance Live. “When you’re looking at the kind of… Source link
Read More »Stock futures drift ahead of fresh earnings, economic data
Stock futures opened little changed Wednesday evening after another choppy session in the markets, with another batch of bank earnings and labor market and inflation data due for release on Thursday. Contracts on the S&P 500 hugged the flat line. Earlier, both the blue-chip index and Nasdaq closed out the session higher, led by a jump in technology stocks as Treasury yields pulled back after a recent run-up. The drop in yields— with the benchmark 10-year yield pulling back below 1.55%… Source link
Read More »Google Pixel 6 specs show up in leaked listing ahead of launch
Google released images of the Pixel 6 already, but now details about the features have apparently leaked. Google … Source link
Read More »Stock futures fall ahead of data-heavy week
Stock futures pointed to a lower open on Monday, giving back some of Friday’s gains as traders awaited new economic and earnings data this week to confirm or assuage concerns over supply chain challenges, inflation and the pace of the labor market’s recovery. Contracts on the S&P 500 fell by 0.4% with about two hours to go until the opening bell. Last Friday, the first day of October and the fourth quarter, the blue-chip index logged its best start to the month since 2007 with a jump of… Source link
Read More »Stock futures edge lower ahead of Fed decision
Stock futures opened lower Tuesday evening as investors anxiously awaited the arrival of the Federal Reserve’s latest monetary policy decision after a volatile start to the week. Contracts on the S&P 500 ticked down ahead of the decision. FedEx (FDX) shares fell in late trading after the shipping giant posted weaker-than-expected quarterly earnings, with supply chain disruptions and labor scarcities weighing on results. Disney (DIS) shares extended earlier losses after CEO Bob Chapek,… Source link
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