This article was originally published on TipRanks.com U.S. stock futures were trending lower on Wednesday as the rapidly spreading Omicron variant continues to rattle investor sentiment. The emergence of the latest variant has recently caused an increase in volatility in global stock markets. Dow futures (DJIA) were down 0.08%, S&P futures (SPX) were down 0.17%, and Nasdaq futures (NDX) were down 0.34% at the time of writing. Upcoming earnings Live Ventures, Inc. (
Read More »Stock market news live updates: December 21, 2021
U.S. stock futures ticked up on Monday after a brutal day for markets in earlier trading, ignited by renewed investor fears that swelling Omicron case numbers could derail economic recovery and worsen inflationary pressures. Contracts on the Dow, S&P and Nasdaq turned green, creeping up declines in the daytime session. Futures for the Dow Industrial Average were up 102 points headed into overnight training, while the S&P and Nasdaq also changed course following drops of nearly 2% each for all… Source link
Read More »Tesla is at risk of losing its market dominance: analyst
Tesla (TSLA) bulls shouldn’t get too comfy with the company’s market dominance continuing unabated, warns Guggenheim analyst Ali Faghri. “Our balanced view [on Tesla] is based on: 1) a favorable near-term setup — with demand outpacing supply, we see visibility to volume upside in 2022 and 2023 as new factories in Austin and Berlin ramp; 2) competitive advantage over all original equipment manufacturers today, including a high degree of vertical integration, a software defined vehicle… Source link
Read More »Omicron variant doesn’t shake Goldman Sachs’ bullish 2022 stock market prediction
The fast-spreading Omicron variant isn’t shaking the confidence (yet) on Goldman Sachs’ call for double-digit percentage returns for the S&P 500 next year. Goldman’s chief U.S. equity strategist David Kostin reiterated Monday an S&P 500 target by the end of 2022 of 5,100. The figure marks a potential 12% increase in stock prices as measured from the S&P 500’s current level. “We expect that these gains will be driven primarily by earnings per share growth of 8% combined with a stable P/E… Source link
Read More »Omicron Fears Ignite Market Selloff Just as Traders Clear Books
(Bloomberg) — Monday’s Asia trading session took on a decisively risk-off tone: U.S. stock index futures fell, Treasuries gained and risk-sensitive currencies slid as investors fretted over fresh lockdowns to slow the new variant. Most Read from Bloomberg Senator Joe Manchin’s rejection of the U.S. spending package at the heart of President Joe Biden’s economic agenda heaped fresh fuel to the fire with market liquidity starting to thin as Christmas nears. “Markets this week and next… Source link
Read More »FedEx reveals a stunning stat that shows the job market is really hot
FedEx (FDX) is getting inundated with job applications in what continues to be a hot U.S. labor market characterized by increased job switchers. “Just the last week, we had 111,000 applications for FedEx. That’s the highest in our history,” said FedEx COO Raj Subramanian on an earnings call Thursday evening. “To put that in context versus what we say in May, that was 52,000.” The flood of applications isn’t a surprise as FedEx earlier in the year lifted hourly wages for package handlers to $20… Source link
Read More »The hottest housing market of 2021
The U.S. housing market has been “bonkers” and is “still nuts” — words recently used by real estate guru Barbara Corcoran on Yahoo Finance Live. Since COVID-19 emerged, homes are being sold at a record clip and prices are skyrocketing across the nation. But the frenzy is especially magnified in one Sunbelt City. Austin is this year’s Yahoo Finance 2021 hottest housing market. According to almost every real estate company that tracks home prices, no matter how you slice and dice… Source link
Read More »Stock market news live updates: December 16, 2021
Stock futures advanced on Wednesday after the market staged a U-turn in earlier trading, welcoming a Federal Reserve decision to ramp up the pace of its taper and leave interest rates unchanged — for now. All three major U.S. indexes opened higher ahead of the overnight trading session, driven mostly by tech stocks after clarity from the Fed about their timeline for rate hikes. Contracts on the Dow were up 10 points to 35,936.00, and S&P 500 futures edged higher by 3 points to 4,712.50…. Source link
Read More »The Secret Of Semantic Knowledge Graphing Market by 2027
SWOT analysis, Poster’s Five Force analysis, player positioning analysis, PESTEL analysis, value chain analysis, and market share analysis were used to collect, analyze, and evaluate all of the data presented in the Semantic Knowledge Graphing market research report. As a result, this research tool can help analysts evaluate the market based on a variety of factors such as customer preferences, capital investments, government legislation, distribution channels, and brand loyalty. Book… Source link
Read More »What will be Real-time Bidding Market Demand In 2027?
The Real-time Bidding market research report contains information on the global market’s overall size, market share values, recent developments and potential opportunities, sales and competitive landscape analysis, anticipated product launches, technological innovations, revenue and trade regulation analysis, and much more. The study also includes a comprehensive examination of the global market’s major players, including company profiles, SWOT analyses, and recent developments. The… Source link
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