Tag Archives: week

[unable to retrieve full-text content]3 big calls in the stock market you might have missed this week  Yahoo Finance Source link

[unable to retrieve full-text content] Google might announce a ChatGPT competitor next week  Mashable It sounds like Google will unveil its ChatGPT clone February 8  Ars Technica Google Invests Almost $400 Million in ChatGPT Rival Anthropic  Yahoo Finance Source link

U.S. stock futures moved lower ahead of the open Monday as investors await a blockbuster week that includes the latest Fed meeting, a flurry of heavyweight earnings reports, and jobs data. Futures tied to the S&P 500 (^GSPC) down 1%, while futures on the Dow Jones Industrial Average (^DJI) lost 0.7%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) declined by roughly 1.3% The yield on the benchmark 10-year U.S. Treasury note ticked up to 3.557% on Monday morning. The dollar index… Source link

Wall Street will face one of its busiest weeks of the year in the coming week, with earnings from Big Tech leaders, the Federal Reserve’s first meeting and rate decision of 2023, and the monthly jobs report for January all set for release. The S&P 500’s most heavily-weighted components — Alphabet (GOOGL), Apple (AAPL), and Amazon (AMZN), as well as Facebook parent company Meta (FB) — are among important players scheduled to report fourth-quarter financial results through Friday. Meanwhile,… Source link

The busiest week of earnings is upon us, with roughly 20% of the S & P 500 slated to report — including some of the biggest companies in the world. Apple, Google-parent Alphabet and Meta Platforms are all scheduled to post their latest quarterly results this week. Pharma giant Pfizer and automakers General Motors and Ford Motor are also among the roughly 100 S & P 500 names on deck. The earnings season thus far has been lackluster. Approximately 140 S & P 500 components have posted their… Source link

The U.S. Justice Department is preparing to sue Alphabet Inc. in the coming days over its dominance in the online ad market, according to a report late Monday. Citing sources familiar with the matter, Bloomberg News reported the antitrust suit is expected to be filed in federal court before the end of this week, and as soon as Tuesday. The pending filing has been rumored for months, after the Justice Department reportedly rejected concessions offered by… Source link

U.S. stocks gained Monday as investors braced for a jam-packed week of corporate earnings and contemplated the Federal Reserve’s next rate move before officials meet later this month. The S&P 500 (^GSPC) advanced 1.2%, while the Dow Jones Industrial Average (^DJI) jumped about 250 points, or 0.8%. The technology-heavy Nasdaq Composite (^IXIC) again led the way higher, rallying 2%. The moves Monday come after the S&P 500 and Nasdaq rallied toward a winning week on Friday, regaining their… 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, January 23, 2023 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 the Yahoo Finance App. Last week in Davos, Elon Musk didn’t come up in one chat — on or off the record — among any of the 75+ business… Source link

Mortgage rates fell for the third consecutive week, helping to revive some buyer interest. The rate on the average 30-year fixed mortgage declined to 6.15% from 6.33% a week prior, according to Freddie Mac. Rates have fallen more than three-quarters of a point since mid-November, as signs that inflation is finally cooling strengthen the chances that the Federal Reserve will slow down its aggressive rate hikes this year. The dip in rates is a boon to homebuyers, especially first-timers, who are… Source link

(Bloomberg) — Microsoft Corp. plans to cut jobs in a number of engineering divisions on Wednesday, according to a person familiar with the matter, joining the ranks of technology giants that are scaling back as the industry prepares for a prolonged slump in demand. Most Read from Bloomberg The magnitude of the cuts couldn’t be learned, but the person, who asked not to be identified discussing confidential matters, said the reduction will be significantly larger than other rounds at… Source link