Tag Archives: Edge

Stock futures rose Thursday evening to steady after a tech-driven selloff during the regular trading day. Contracts on the Nasdaq gained after the Nasdaq Composite sank by 2.5% during the earlier session.  Investors this week have been weighing concerning signs of lingering price pressures across the U.S. economy against assertions from key central bank officials that the Federal Reserve is ready to take action to bring down inflation.  In Fed Governor Lael Brainard’s hearing before the… Source link

With markets still concerned with inflation and how the Fed may react in regard to rate hikes, investors are gearing up for an uncertain 2022.  And according to Francis Gannon, co-chief investment officer at Royce Investment Partners, small caps may be the place to weather these uncertainties in the new year. “I think part of the opportunity here with small caps is the fact that they haven’t done as well as some of the other asset classes,” Gannon said on Yahoo Finance Live (video above)…. Source link

What you need to know: Verizon and Google Cloud are working together to bring the power of the cloud closer to mobile and connected devices at the edge of Verizon’s network. Verizon 5G Edge with Google Distributed Cloud Edge intends to bring compute and storage services to the network edge to support real-time enterprise applications. Ericsson will pilot 5G Edge with Google Distributed Cloud Edge at its USA 5G Smart Factory. BASKING RIDGE, N.J. and SUNNYVALE, C.A. – Verizon and Google Cloud are… Source link

Stock futures opened higher Thursday evening as investors awaited a key inflation report ahead of the Federal Reserve’s final policy-setting meeting of the year next week.  Contracts on the S&P 500 gained. Earlier, the blue-chip index closed out the regular session in the red after three consecutive days of gains, with concerns over Omicron beginning to ease as new developments suggested the variant may not cause as severe of infections as previously feared. The Nasdaq dropped 1.7% during… Source link

Stock futures dipped Tuesday evening, holding lower following an extended rout in technology stocks. Investors also anxiously awaited a packed slate of economic data results out Wednesday before a holiday market closure.  Rising interest rates coincided with a selloff in tech and growth stocks for a second day this week, with the Nasdaq dropping another 0.5% after Monday’s more than 1% decline. The Dow held up strongly and added nearly 200 points, with energy and financials stocks… Source link

Stock futures opened slightly higher Monday evening, with traders awaiting key new data on the state of the consumer. Contracts on each of the S&P 500, Dow and Nasdaq traded slightly in the green.  Investors are set to receive monthly retail sales data from the Commerce Department Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating… Source link

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

Stock futures edged lower Wednesday evening, with the major indexes hovering slightly below all-time highs as a parade of strong earnings results helped buoy equity prices. Contracts on the Dow dipped. The 30-stock index set a fresh record intraday high during the regular trading day, markings its first all-time high since mid-August. The S&P 500 also logged a sixth straight day of gains in its longest winning streak since the start of July. The Nasdaq ended lower as traders took profits on… Source link

Stock futures opened slightly higher to extend gains after a rally on Wall Street, with stronger-than-expected earnings and economic data helping lift the S&P 500 by the most in seven months.  Shares of big bank stocks including Bank of America (BAC), Citi (C) and Morgan Stanley (MS) steadied during the after-hours session. Each of these stocks had jumped earlier, after these banks posted much stronger-than-expected third-quarter earnings results. Peer banking titan Goldman Sachs (GS) is… Source link

Thomas Kurian’s arrival at Google Cloud in early 2019 after more than 22 years at Oracle marked a significant shift in Google’s thinking, putting an emphasis on expanding its cloud’s business use by enterprises as the key to making up ground on Amazon Web Services (AWS) and Microsoft Azure in the booming global cloud market. Google Cloud has closely followed that enterprise drumbeat over the past two-plus years, building out its infrastructure, extending its each from the cloud… Source link