Tag Archives: Stock

U.S. stocks were mixed on Tuesday morning ahead of corporate earnings from some of the market’s biggest players. The S&P 500 (^GSPC) inched higher 0.2% while the Dow Jones Industrial Average (^DJI) ticked down by 0.1%. The technology-heavy Nasdaq Composite (^IXIC) up by 0.6%. Stocks gained on Monday, as the major indices rallied ahead of a slew of third-quarter earnings this week. Coca-Cola (KO) posted earnings before the bell on Tuesday. The Atlanta-based company raised its full-year outlook… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, October 22, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. Each Saturday, I have rituals of sorts. First, I do two workouts — one in the morning and one in the afternoon. Two, I… Source link

Elon Musk.Adrees Latif/Reuters Elon Musk could have to sell up to $10 billion in Tesla stock next week to complete his Twitter buyout, according to Dav Ives of Wedbush. “The more investors that bail on this deal is the more money that Musk needs to contribute and therefore sell more Tesla stock,” Ives said. Ives called Musk’s $44 billion deal for Twitter a “train wreck.” Elon Musk could be forced to sell $5 billion to $10 billion in Tesla stock next week as he prepares to complete a $44 billion… Source link

The disappearing stock price for Snap continues after another challenging quarter. Shares of the social media platform crashed 25% in pre-market trading on Friday as third quarter sales marked the fifth straight quarterly deceleration. Profits were also lackluster as Snap continued to blame an advertising slowdown and Apple privacy changes for the execution missteps. Here’s a snapshot of Snap’s dismal numbers: Net Sales: $1.13 billion vs. $1.14 billion estimate Daily Active Users: 363 million… Source link

Stock Market Coverage – Friday October 21 Yahoo Finance – Yahoo Finance Source link

U.S. stock futures hinted at another choppy session Thursday as third-quarter financial results from companies continued to barrel in against a backdrop of persisting growth concerns on Wall Street. Futures tied to the S&P 500 (^GSPC) rose 0.1%, while futures on the Dow Jones Industrial Average (^DJI) added 110 points, or 0.4%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) slipped 0.1% below the flatline. Meanwhile, Treasury yields held at multi-year highs, with the… Source link

Netflix (NFLX) shares closed 13% higher on Wednesday following the company’s huge third-quarter earnings report. The platform delivered a beat on both the top and bottom lines, in addition to 2.41 million net subscriber additions — crushing estimates of 1 million. “This company is clearly back on track,” Geetha Ranganathan, senior media analyst at Bloomberg Intelligence, told Yahoo Finance Live as analysts begin to separate themselves into optimistic and not so optimistic buckets. Following… Source link

  U.S. stock futures moved lower in the early trade Wednesday as a two-day rally spurred by the better-than-feared start to earnings season lost steam. Futures tied to the S&P 500 (^GSPC) fell 0.3%, while futures on the Dow Jones Industrial Average (^DJI) ticked down 60 points, or 0.2%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) were off by 0.3%. Netflix (NFLX) was in the spotlight following a big earnings beat Tuesday afternoon that included 2.41 million in new subscribers –… Source link

U.S. equity futures pushed forward for another day, extending a positive start to the week as earnings season sets into high gear. Futures tied to the S&P 500 (^GSPC) rose 1.3%, while futures on the Dow Jones Industrial Average (^DJI) added 300 points, or 1%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) advanced 1.6%. The moves in pre-market trading Tuesday come after all three major averages rallied in the previous session, with the S&P 500, Dow, and Nasdaq notching gains of… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, Oct. 18, 2022 “Past performance is no guarantee of future results” may be the most repeated disclaimer in the financial services industry. It’s a warning to investors not to get too excited about what they think is a replay of a historical pattern. Because oftentimes, history doesn’t repeat itself. That said, if history is any… Source link