Tag Archives: fall

Apple misses Q1 earnings expectations as iPhone sales fall short

Apple misses Q1 earnings expectations as iPhone sales fall short

Apple (AAPL) reported its Q1 earnings after the closing bell on Feb. 2, missing analysts’ expectations on the top and bottom line as iPhone sales came up short, declining more than 8% year-over-year. Here are the most important numbers from the report compared to what Wall Street was expecting, as compiled by Bloomberg. Revenue: $117.1 billion versus $121.1 billion expected Adj. earnings per share: $1.88 versus $1.94 expected iPhone revenue: $65.7 billion versus $68.3 billion expected Mac… Source link

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Stock futures fall ahead of blockbuster week

Stock futures fall ahead of blockbuster week

U.S. stock futures moved lower ahead of the open Monday as investors await a blockbuster week that includes the latest Fed meeting, a flurry of heavyweight earnings reports, and jobs data. Futures tied to the S&P 500 (^GSPC) down 1%, while futures on the Dow Jones Industrial Average (^DJI) lost 0.7%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) declined by roughly 1.3% The yield on the benchmark 10-year U.S. Treasury note ticked up to 3.557% on Monday morning. The dollar index… Source link

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Nasdaq builds on last week’s gains; S&P 500, Dow fall to start week

Nasdaq builds on last week’s gains; S&P 500, Dow fall to start week

U.S. stocks closed mixed on Monday after failing to sustain momentum from the first big rally of the year last week. Technology led the way higher, with the Nasdaq Composite (^IXIC) rising 0.6%, an outlier in the session, though far below the climb of more than 2% that the index saw earlier into trading. The S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) each turned lower into the close, falling 0.1% and 0.3%, respectively, after paring the day’s gains. The U.S. dollar continued its… Source link

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Stocks fall in first trading day of 2023, Apple and Tesla sink

Stocks fall in first trading day of 2023, Apple and Tesla sink

U.S. stocks closed with losses Tuesday as last year’s selling pressures poured over into a busy first trading week of 2023. The S&P 500 (^GSPC) dropped 0.4%, while the technology-heavy Nasdaq Composite (^IXIC) fell 0.8%. The Dow Jones Industrial Average (^DJI) capped the session just below breakeven. Apple (AAPL) shares sank 3.7% on Tuesday to the lowest level since June 2021, bringing the company’s market capitalization below $2 trillion — a symbolic milestone for the tech stock rout that… Source link

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Stock futures fall ahead of more economic data

Stock futures fall ahead of more economic data

U.S. stock futures sunk Monday ahead of another wave of economic data out this week. Futures tied to the S&P 500 (^GSPC) moved lower by 0.5% in premarket trading, while futures on the Dow Jones Industrial Average (^DJI) ticked down by 0.4%. The technology-heavy Nasdaq Composite (^IXIC) fell by 0.4%. Stocks finished mixed on Friday as investors digested hotter-than-expected jobs data. The strong job gains and robust wage growth are the opposite of what the Federal Reserve would like to see in… Source link

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Stock futures fall as retail sales beat, Target earnings miss

Stock futures fall as retail sales beat, Target earnings miss

U.S. stock futures slumped Wednesday morning as Wall Street weighed an earnings warning from retail bellwether Target against government retail sales data that showed robust consumer spending ahead of the key holiday season. Futures tied to the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) hovered below the flatline, while contracts on the technology-heavy Nasdaq Composite (^IXIC) were off by 0.2%. The Commerce Department said Wednesday retail sales jumped 1.3% in October as… Source link

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Don’t Fall for This Yahoo Mail Phishing Scam

Don’t Fall for This Yahoo Mail Phishing Scam

Phishing is a cyberattack in which the target is contacted by a threat actor impersonating a trusted individual or entity. There are several types of these attacks, but email phishing is by far the most common one. In a typical email phishing attempt, you receive a message from what appears to be a legitimate entity urging you to take action; for example, to change your password or sign into an account. If you fall for the scam, the attacker obtains your personal information. One such… Source link

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Meta stock is in free fall

Meta stock is in free fall

Meta (META) shares plunged more than 22% on Thursday morning after the Facebook parent reported the prior day that its revenue declined last quarter and missed analysts’ expectations. The bad news comes as the social media giant pushes harder into the metaverse, the 3-D virtual world that inspired the company’s leadership to change its name. Not everyone’s sold on the change, and the numbers coming out of Meta and the broader macroeconomic environment certainly don’t help matters. “There is… Source link

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