Tag Archives: Stock

Stock futures opened slightly to the upside Wednesday evening as investors awaited more earnings and data on the labor market’s recovery.  Contracts on the S&P 500 traded a tick above the flatline. The blue-chip index had ended the day in the red, pulling back from Tuesday’s record closing high. The Dow also ended lower, while the Nasdaq eked out a higher close.  Some of the closely watched companies that reported earnings results after market close on Wednesday disappointed relative to Wall… Source link

Stock futures traded slightly lower Tuesday evening after closing higher during the regular trading day, with investors’ optimism over rebounding corporate earnings helping counterbalance ongoing concerns over the coronavirus. Contracts on the Dow ticked down. Earlier, the 30-stock index closed higher for the first time in three session and came within striking distance of an all-time high. The S&P 500 and Nasdaq also gained.  Shares of ride-hailing company Lyft (LYFT) gained in late trading… Source link

Stock futures gained Monday evening to shake off earlier declines ahead of another batch of corporate earnings results.  Contracts on the S&P 500 ticked up after the blue-chip index ended a choppy session on Monday lower. The Dow had also closed out the regular trading day in the red, losing steam in the final hour of trading after reaching a record intraday high.  Shares of video game-maker Take-Two Interactive (TTWO) fell in late trading after the company’s current-quarter forecast missed… Source link

In 2016, the hit mobile game Pokemon Go was released and saw millions of people download the game and head outdoors to attempt to “Catch ‘Em All.” The game has continued to be a hit and even passed $1 billion in revenue in 2020, its best year since launching. Pokemon Go celebrated its fifth anniversary recently and continues to be one of the top played and grossing mobile games each month. Shares of Nintendo Co (OTC: NTDOY) climbed higher on the release of the game. The company was seen… Source link

Larry Page, left, and Sergey Brin, co-founders of Google Inc. JB Reed | Bloomberg | Getty Images Google founders and controlling Alphabet stakeholders Larry Page and Sergey Brin have sold more than $1 billion worth of stock combined since May of this year. Beginning in May, the two sold Class A and Class C shares worth more than $1.07 billion, according to filings with the Securities and Exchange Commission compiled by OpenInsider. Brin’s sales total more than $610 million, while Page’s sales… Source link

Amazon’s second quarter underscored its ongoing dominance in all things retail and cloud services, but some squishy aspects to the earnings release have investors in profit-taking mode.  Shares of the tech beast dropped more than 6% in pre-market trading on Friday after the company surprisingly missed on sales estimates. Several factors in the report are likely weighing on the minds of investors.  First, the headline sales miss marked the first time Amazon (AMZN) missed consensus revenue… Source link

Stock futures searched for direction Wednesday evening amid a mixed batch of corporate earnings results and a Federal Reserve decision that signaled the central bank was still looking for the U.S. economy to recover further before adjusting its monetary policies. Contracts on the S&P 500 edged slightly lower. The index ended the regular session in the red but hovered less than 0.5% below its recent all-time closing high. Contracts on the Dow rose, while those on the Nasdaq dipped. Shares of… Source link

Semiconductors are proving to be the engines that drive the electronics world of today, as they are being used in different applications. These include 5G, data centers, Internet of Things (IoT), mobiles, and automotive applications. A Fortune Business Insights report indicated that while the semiconductor market was worth $425.96 billion last year, it is expected to grow to $803.15 billion in 2028. This indicates a compounded annual growth rate (CAGR) of 8.6% between 2021 and 2028. Using the… Source link

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Stock futures added to losses in late trading on Tuesday, with investors digesting a slew of Big Tech earnings results and looking ahead to another set of reports on Wednesday. A monetary policy statement from the Federal Reserve is also slated for release. Contracts on the S&P 500 dipped about 0.25% at the start of the overnight session. The index, as well as the Dow and Nasdaq, pulled back from record levels during the regular trading day.  Shares of Apple (AAPL) and Microsoft (MSFT) fell… Source link