Tag Archives: upbeat

He’s racked up the wins and the championships at an impressive pace, but professional boxing hasn’t always gone swimmingly for Teofimo Lopez. The former undisputed lightweight champion has been one of the sport’s most gifted fighters, but he’s been plagued by demons that have always left more questions than answers. He suffered his first, and only, loss to George Kambosos last year, fighting despite a medical condition known as pneumomediastinum, which can be fatal. He should have pulled out… Source link

(Bloomberg) — Microsoft Corp. gave an upbeat sales forecast for the fiscal year that just began, easing investor concerns about growth that had flared up following a lackluster fourth-quarter earnings report. Shares jumped more than 5% in late trading, reversing earlier declines. Most Read from Bloomberg On a conference call Tuesday, the software giant said it expects revenue and operating income to increase at a double-digit pace for fiscal 2023, which ends next June. Currency fluctuations… Source link

U.S. stocks rallied Friday to cap a four-day losing streak on Wall Street. Sentiment was buoyed by better-than-expected retail sales data and a surprise earnings beat from Citigroup (C). The S&P 500 surged 1.9%, while the Dow Jones Industrial Average added 657 points, or roughly 2.2%. The tech-heavy Nasdaq climbed 1.8%. Blowout second-quarter results from Citi lifted shares of banking industry peers to post the best intraday rally for the sector since May, according to Bloomberg data. The mega… Source link

NORTH PLAINS, Ore. — As Phil Mickelson approached the tee box Thursday for his first shot on U.S. soil as a member of the LIV Golf Invitational Series, a fan asked: “How you doing, Phil?” “Awesome,” he replied. The face of LIV Golf has been all smiles this week at Pumpkin Ridge Golf Club, accommodating fans asking for his trademark thumbs up sign or looking for a fist bump. And his mood didn’t change Friday even after a second consecutive 75 that has him at 6-over for the first two… Source link

U.S stocks gave up gains early Wednesday following stronger-than-expected readings from the U.S. manufacturing sector and stern comments from JPMorgan (JPM) boss Jamie Dimon. After rallying to start the trading session, led by a 1% advance from the Nasdaq, all three major indexes turned negative about 80 minutes into the trading day. The S&P 500 and the Dow both lost as much as 0.7% while the Nasdaq was off as much as 0.3%. The Russell 2000 was down by the most, falling as much as 0.9%. Data… Source link

(Bloomberg) — Advanced Micro Devices Inc. gave a strong sales forecast for the current quarter, indicating that the chipmaker continues to make strides in its most lucrative market: data-center processors. Most Read from Bloomberg AMD predicted second-quarter sales of roughly $6.5 billion, compared with an average analyst estimate of $6.03 billion. That helped send the shares up as much as 8.3% in late trading Tuesday. The outlook helped allay concerns that the chip market is slowing — and… Source link

Stocks gained on Monday as investors monitored upbeat economic data out of China and awaited key retail sales and earnings results out from major U.S. companies later this week.  The S&P 500, Dow and Nasdaq each opened higher. The Dow rose with shares of Boeing (BA) leading the way higher after the aircraft-maker’s head of commercial airplanes told Bloomberg he was “hopeful” that China would resume orders of the 737 Max soon following more than two years of grounding.  Stronger-than-expected… Source link