Tag Archives: Stock

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Large-cap tech stocks ripped higher Wednesday for the fifth straight day — up to another record high, widening their lead over the broader market. Many investors remain skeptical of the gains this year, as a handful of tech-centered stocks are once again accounting for nearly all the returns in the S&P 500. Comparisons with the dot-com-era boom and bust abound. To be fair,… Source link

Tesla (TSLA) reported Q4 earnings that missed estimates and issued a downbeat full-year production outlook that weighed on the stock, though CEO Elon Musk did confirm that the company’s next-gen vehicle will be coming in the second half of 2025. For the fourth quarter, Tesla reported top-line revenue of $25.17 billion vs. $25.87 billion (est.), however revenue rose approximately 3% from a year ago. From a profitability standpoint, Tesla reported adjusted EPS of $0.71 vs $0.73 (est.) and… Source link

[unable to retrieve full-text content]Stock market today: US futures climb as techs power higher again  Yahoo Finance Source link

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: It’s a market hyper attuned right now to anything that suggests there won’t be a large number of interest rate cuts from the Federal Reserve in 2024. Should that investment thesis be dinged, well, stocks will be dinged. As to the driver of that dinging? Hotter-than-expected economic data, which is currently unfolding. A week ago, investors had to digest a… Source link

[unable to retrieve full-text content]Stock market today: Nasdaq surges as chipmakers shine, Apple pops  Yahoo Finance Source link

(Bloomberg) — Just 10 days into the new year and a familiar stock is back near the top of the leaderboard: Nvidia Corp. Most Read from Bloomberg After struggling for months to break out above $500 a share, last year’s best performer in the S&P 500 has pushed decisively into record territory with a nearly 9% advance. With its market value now at more than $1.3 trillion, it’s less than $250 billion shy of Amazon.com Inc., the fourth-most valuable company in the benchmark. The fact that… Source link

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: RBC Capital’s Lori Calvasina became the latest strategist to raise her 2024 price target for the S&P 500 on Monday, lifting her forecast to 5,150 from 5,000. But by raising expectations for the benchmark index this year, Calvasina actually offered a more tempered outlook for stocks than what her team set forth in November 2023. “When we introduced our 5,000 target back in… Source link

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: One week into 2024, and investors are being hit with several truths. The first truth is that Magnificent Seven stocks don’t go up every single day (despite what December’s action showed…), and the downgrade buzzards on Wall Street lurk. Apple (AAPL) shares are being hammered by analyst downgrades. Tesla (TSLA) is under pressure after meh delivery numbers. Nvidia’s (NVDA)… Source link

AMC (AMC) stock is in free fall so far this year. The theater chain hit a new all-time low on Friday, down more than 2% to close the session at $5.17 per share. The stock is down more than 15% over the past four sessions. The stock has been on a downward spiral as the company continues to issue shares, which dilutes investors’ holdings amid its looming debt. Earlier this week AMC said it “entered into a series of privately negotiated exchange agreements, under which it has issued or will… Source link

[unable to retrieve full-text content]Stock market news today: US stocks dip to start new year as Apple slips  Yahoo Finance Source link