Tag Archives: Stocks

[unable to retrieve full-text content]Stock market news today: Stocks gain after back-to-back losses for S&P 500, Dow  Yahoo Finance Source link

[unable to retrieve full-text content]Bed Bath & Beyond shares gain 92% as meme stocks soar  Yahoo Finance Source link

[unable to retrieve full-text content]Stocks moving in after-hours: Amazon, Alphabet, Apple  Yahoo Finance Source link

AI-related stocks are rallying as investors look for ways to make money off the hottest topic in Wall Street: artificial intelligence. The AI craze is fueled by Microsoft (MSFT)-backed OpenAI’s ChatGPT. The chatbot, launched in November, has become wildly popular in the Internet and spurred discussion over efficiencies in the workplace. Shares of AI maker C3.ai (AI), whose clients include Bank of America, Shell, and 3M, have skyrocketed more than 100% year-to-date. Smaller-cap, lesser-known… Source link

U.S. stock futures were mixed ahead of the open Thursday, with tech stocks leading the way up following the Federal Reserve’s latest interest rate hike. Futures tied to the S&P 500 (^GSPC) added 0.4%, while futures on the Dow Jones Industrial Average (^DJI) lagged, dipping 0.4%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) rose by 1.2%. The yield on the benchmark 10-year U.S. Treasury note ticked up to 3.415% Thursday morning. The dollar index was flat. The major U.S. stock… Source link

Meta (META) Meta Platforms shares soared after the social media giant announced fourth quarter sales of $32.17 billion which beat analyst expectations of $31.65 billion. The company also announced a $40 billion boost to its stock buyback program. Facebook’s daily active users of 2 billion beat analyst estimates of 1.98 billion. e.l.f Beauty (ELF) e.l.f Beauty quarterly results came in above expectations, with net sales of $146.5 million versus Wall Street analyst average estimates of $122.5… Source link

Yahoo Finance Live’s Seana Smith looks at several stocks trending in the after-hours trading session. Video Transcript SEANA SMITH: Let’s take a look at what’s trending after-hours. We’ve got three stocks for you. And as you can on your screen, a lot of green. Let’s kick it off with Meta. We’re looking at gains of just about 18% in extended trading. Revenue very strong for its most recent quarter, beating the Street’s estimates, coming in just above $32 billion. Daily active users was also… Source link

U.S. stocks were higher Wednesday afternoon after Fed Chair Jerome Powell said in a press conference on Wednesday signs of disinflation are building in the economy, which investors took as a sign the central bank could be close to ending its rate-hiking campaign. Tech stocks were leading the charge higher on Wednesday following Powell’s comments, with the technology-heavy Nasdaq Composite (^IXIC) rising as much as 2%. Meanwhile, the S&P 500 (^GSPC) was higher by 1.2% while the Dow Jones… Source link

Intel (INTC) Intel shares fell after reporting quarterly results which missed analyst expectations. Fourth quarter adjusted revenue of $14.04 billion came in below the Wall Street’s consensus estimate of $14.49 billion. The chip maker’s adjusted earnings per share came in at 10 cents versus expectations of 19 cents. Guidance for the first quarter also came in light. The company anticipates cost reductions between $8 billion and $10 billion by the end of 2025. Hasbro (HAS) The toymaker announced… Source link

Tesla (TSLA) The electric vehicle (EV) giant reported adjusted quarterly earnings of $1.19 versus analyst estimates of $1.12 per share. Sales of $24.32 billion beat analyst estimates of $23.03 billion. Tesla’s automotive gross margin of 25.9% came in below expectations of 28.4%. The company said its Cybertruck model is on track to begin production later this year. More details are expected to be revealed at its investor day on March 1. IBM (IBM) IBM shares rose 2% after the company announced… Source link