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Dow sustains losses but Nasdaq 100 hits new high and Nikkei 225 recovers
Dow sustains losses but Nasdaq 100 hits new high and Nikkei 225 recovers
May 23, 2024
Major Indices Talking Points and Analysis: Dow Jones edges lower after hawkish FOMC minutesNasdaq 100 at new high with Nvida's strong earnings likely to support the bullish trendNikkei rebounds Dow edges lower after Fed minutes The index continues to drift back, consolidating after the gains of late April and early May. The Fed minutes indicated that some policymakers remained worried...
Dollar moves in positive zone ahead of Fed minutes
Dollar moves in positive zone ahead of Fed minutes
May 22, 2024
Dollar rose in European trade on Wednesday against a basket of major rivals, maintaining gains for the fifth straight session and moving in a positive zone as US 10-year treasury yields rebounded. It comes ahead of the Federal Reserves meeting minutes, which could provide clues on the future of US interest rates. The Index The dollar index rose 0.15% to...
Yen skids to three-week trough on interest rate gap concerns
Yen skids to three-week trough on interest rate gap concerns
May 23, 2024
Yen skidded in Asian trade on Thursday to three-week lows against the US dollar, sharpening losses for the second straight session amid persistent concerns about the Japan-US interest rate gap. The odds of a Fed interest rate cut in the summer dipped after the release of the Federal Reserves meeting minutes, with investors now awaiting more clues. And following a...
Kiwi rushes to two-month high after hawkish RBNZ policy meeting
Kiwi rushes to two-month high after hawkish RBNZ policy meeting
May 21, 2024
The New Zealand dollar rallied in Asian trade on Wednesday, resuming gains against its US counterpart and scaling a fresh two-month high after the policy meeting by the Reserve Bank of New Zealand, which was more bullish than expected. As expected, the RBNZ maintained interest rates unchanged at 15 year highs, while holding onto its strict stance and language, asserting...
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Sector Update: Financial
Sector Update: Financial
Jun 29, 2026
09:02 AM EDT, 06/29/2026 (MT Newswires) -- Financial stocks were advancing pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.2% higher. The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.1% lower. Intercontinental Exchange ( ICE ) is adding new futures contracts...
Sector Update: Tech
Sector Update: Tech
Jun 29, 2026
08:57 AM EDT, 06/29/2026 (MT Newswires) -- Technology stocks were rising premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) up 1.5% and the State Street SPDR S&P Semiconductor ETF (XSD) 1.3% higher. Palantir Technologies ( PLTR ) said it teamed with Nvidia ( NVDA ) to release an intelligent engine for operating artificial intelligence models within...
Sector Update: Energy
Sector Update: Energy
Jun 29, 2026
09:07 AM EDT, 06/29/2026 (MT Newswires) -- Energy stocks were edging higher pre-bell Monday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 0.2%. The United States Oil Fund (USO) was up 0.6% and the United States Natural Gas Fund (UNG) was 3.6% lower. Front-month US West Texas Intermediate crude oil was 1.1% higher at $69.99 per...
Sector Update: Healthcare
Sector Update: Healthcare
Jun 29, 2026
09:01 AM EDT, 06/29/2026 (MT Newswires) -- Healthcare stocks were edging higher premarket Monday, with the State Street Health Care Select Sector SPDR ETF (XLV) up 0.5% and the iShares Biotechnology ETF (IBB) advancing by 0.4%. BridgeBio Pharma ( BBIO ) stock was up more than 3% after the company said it met the primary endpoint in a phase 3...
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The Latest Analyst Ratings For Atlassian
The Latest Analyst Ratings For Atlassian
Aug 2, 2024
Providing a diverse range of perspectives from bullish to bearish, 10 analysts have published ratings on Atlassian ( TEAM ) in the last three months. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish...
MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High
MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High
Aug 2, 2024
Benchmark has raised its price target for MicroStrategy ( MSTR ) to $2,150 even as the company posted a revenue miss on Thursday.The broker's analyst noted the company's share price outperformance since adoption of bitcoin as its primary treasury reserve asset in August 2020.Since then, the stock's performance was significantly better than other assets like bitcoin or the S&P 500...
Delay to Nvidia's new AI chip could affect Microsoft, Google, Meta, The Information says
Delay to Nvidia's new AI chip could affect Microsoft, Google, Meta, The Information says
Aug 2, 2024
Aug 2 (Reuters) - Design flaws could cause a delay of three months or more in the launch of chip giant Nvidia's ( NVDA ) upcoming artificial intelligence chips, tech-focused publication The Information said on Friday. The setback could affect customers such as Meta, Google and Microsoft ( MSFT ), who have collectively ordered tens of billions of dollars worth...
Delay to Nvidia's new AI chip could affect Microsoft, Google, Meta, the Information says
Delay to Nvidia's new AI chip could affect Microsoft, Google, Meta, the Information says
Aug 3, 2024
(Reuters) - Design flaws could cause a delay of three months or more in the launch of chip giant Nvidia's ( NVDA ) upcoming artificial-intelligence chips, tech-focused publication the Information said on Friday. The setback could affect customers such as Meta Platforms ( META ), Alphabet's Google and Microsoft ( MSFT ), which have collectively ordered tens of billions of...
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What's Going On With Microsoft Stock Thursday?
What's Going On With Microsoft Stock Thursday?
Apr 25, 2024
Microsoft Corp ( MSFT ) shares are in the spotlight Thursday ahead of earnings. Here’s what you need to know. What To Know: Microsoft ( MSFT ) is set to report financial results for its fiscal third quarter after the market close on Thursday. The company is expected to report earnings of $2.82 per share and revenue of $60.804 billion,...
Pool Q1 Adjusted EPS, Sales Decline, Trail Consensus Views; Guides 2024 Earnings In-Line
Pool Q1 Adjusted EPS, Sales Decline, Trail Consensus Views; Guides 2024 Earnings In-Line
Apr 25, 2024
09:30 AM EDT, 04/25/2024 (MT Newswires) -- Pool Corp. ( POOL ) on Thursday reported Q1 adjusted net income of $1.85 per diluted share, compared with $2.46 a year earlier. Analysts polled by Capital IQ expected $1.93. Revenue for the quarter ended March 31 was $1.12 billion, down from $1.21 billion a year earlier. Analysts expected $1.13 billion. For 2024,...
AO Smith Q1 Earnings, Revenue Increase; Maintains 2024 Outlook
AO Smith Q1 Earnings, Revenue Increase; Maintains 2024 Outlook
Apr 25, 2024
09:29 AM EDT, 04/25/2024 (MT Newswires) -- AO Smith (AOS) early Thursday reported Q1 adjusted net income of $1.00 per diluted share compared with $0.94 a year earlier. Analysts polled by Capital IQ expected $0.99. Revenue for the quarter ended March 31 was $978.8 million, up from $966.4 million a year earlier. Analysts expected $997.2 million. For 2024, the company...
Southwest Airlines Shares Plunge as Q1 Loss Widens, Revenue Misses Estimates; Expects to Lay Off 2,000 Employees
Southwest Airlines Shares Plunge as Q1 Loss Widens, Revenue Misses Estimates; Expects to Lay Off 2,000 Employees
Apr 25, 2024
09:26 AM EDT, 04/25/2024 (MT Newswires) -- Southwest Airlines ( LUV ) shares were down more than 7% in Thursday premarket trading after the company reported a Q1 adjusted loss of $0.36 per diluted share, widening from a loss of $0.27 per share a year earlier. Analysts polled by Capital IQ expected a loss of $0.34. Operating revenue for the...
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