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Top Midday Stories: Novo Nordisk Stock Slides After Q2 Miss, Lower Guidance; Disney EPS, Revenue Top Estimates; Apple's Union Workers Ratify Contract; Disney Likely to Pay More for Hulu
Top Midday Stories: Novo Nordisk Stock Slides After Q2 Miss, Lower Guidance; Disney EPS, Revenue Top Estimates; Apple's Union Workers Ratify Contract; Disney Likely to Pay More for Hulu
Aug 7, 2024
12:55 PM EDT, 08/07/2024 (MT Newswires) -- All three major US stock indexes were climbing for a second straight day on Wednesday morning, continuing their rebound from Monday's selloff. In company news, Novo Nordisk ( NVO ) reported Q2 earnings Wednesday of 4.49 Danish kroner ($0.66) per diluted American depositary receipt, up from 4.32 kroner a year earlier but below...
Exchange-Traded Funds, US Equities Higher After Midday
Exchange-Traded Funds, US Equities Higher After Midday
Aug 7, 2024
12:59 PM EDT, 08/07/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM and IVV were higher Wednesday. Actively traded Invesco QQQ Trust (QQQ) gained 0.7%. US equity indexes extended gains, led by technology and utilities, and government bond yields rose after Wednesday's midday trading. Energy iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) both climbed...
US STOCKS-Tech surge, BOJ's dovish comments boost Wall Street
US STOCKS-Tech surge, BOJ's dovish comments boost Wall Street
Aug 7, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Airbnb ( ABNB ) slides after forecasting Q3 revenue below estimates * Fortinet ( FTNT ) jumps on FY revenue forecast raise * Charles River slides after cutting FY forecasts * Indexes up: S&P 500 1.36%, Nasdaq 1.64%, Dow...
Sector Update: Financial
Sector Update: Financial
Aug 7, 2024
01:40 PM EDT, 08/07/2024 (MT Newswires) -- Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index adding 0.6% and the Financial Select Sector SPDR Fund (XLF) ahead 1%. The Philadelphia Housing Index was falling 1.6%, while the Real Estate Select Sector SPDR Fund (XLRE) was up 0.6%. Bitcoin (BTC-USD) was shedding 0.6% to $55,736, and the...
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Unpacking the Latest Options Trading Trends in Lam Research
Unpacking the Latest Options Trading Trends in Lam Research
Sep 6, 2024
Investors with a lot of money to spend have taken a bullish stance on Lam Research ( LRCX ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
July Job Openings Fall To 3-Year Lows, Gap With Unemployment Narrows To Near Parity: Traders Raise Rate Cut Bets
July Job Openings Fall To 3-Year Lows, Gap With Unemployment Narrows To Near Parity: Traders Raise Rate Cut Bets
Sep 6, 2024
Employment vacancies in the United States dropped sharply in July, hitting the lowest level in over three years and signaling a significant cooling in the labor market. Job openings fell to 7.673 million in July, down from a downwardly revised 7.91 million in June, according to the latest official data Wednesday from the Job Openings and Labor Turnover Survey (JOLTs)....
North Korean Hackers Escalate Crypto Heists, Funds Stolen Double To $1.6B
North Korean Hackers Escalate Crypto Heists, Funds Stolen Double To $1.6B
Sep 6, 2024
The cryptocurrency industry has seen a significant increase in North Korean state-sponsored hackers intensifying their efforts to pilfer digital assets over the past year. These sophisticated cyberattacks have resulted in billions of dollars in losses, raising serious questions about the security of digital assets and the far-reaching implications for the global financial system. According to blockchain analysis firm Chainalysis, funds...
Insights Into Salesforce's Performance Versus Peers In Software Sector
Insights Into Salesforce's Performance Versus Peers In Software Sector
Sep 6, 2024
In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive industry comparison, evaluating Salesforce ( CRM ) in relation to its major competitors in the Software industry. Through a detailed examination of key financial metrics, market standing, and growth prospects, our...
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Important Pi Network (PI) Deadlines, Ripple (XRP) Price Targets, and More: Bits Recap March 11
Important Pi Network (PI) Deadlines, Ripple (XRP) Price Targets, and More: Bits Recap March 11
Mar 11, 2025
TL;DR The PI token is already live, with speculation that Binance might be the next crypto exchange to allow trading services with it. Ripple (XRP) has been experiencing a downfall lately, but analysts remain optimistic that a renewed bull run could be incoming. SHIB dropped 28% this month. One popular analyst sees potential for a substantial resurgence if Shibarium gains...
Bitcoin Enters New Volatile Range as Markets Continue to Struggle
Bitcoin Enters New Volatile Range as Markets Continue to Struggle
Mar 11, 2025
As the crypto market continues to struggle, bitcoin (BTC) has broken into a new volatile range. On March 10, the cryptocurrency fell below $80,000 and touched the $76,800 range before climbing back up to $81,000 at the time of writing. According to the latest edition of the Bitfinex Alpha report, the cryptocurrencys decline to $76,800 triggered massive losses in the...
3 Reasons Why Dogecoin (DOGE) Could Turn Bullish Again Soon
3 Reasons Why Dogecoin (DOGE) Could Turn Bullish Again Soon
Mar 11, 2025
TL;DR Despite a severe price drop, some factors like increased whale activity suggest a DOGE reversal might be just around the corner. A potential approval of a spot Dogecoin ETF could also contribute to a possible rally in the near future. The Bears to Step Back? The past few weeks have been devastating for the cryptocurrency market, with countless leading...
Ripple Price Analysis: Is XRP in Danger of Falling to $1.70 Soon?
Ripple Price Analysis: Is XRP in Danger of Falling to $1.70 Soon?
Mar 11, 2025
Ripple’s price has been consolidating in a wide range over the recent month against both USDT and BTC. Yet, the future direction of the market might soon be revealed. By Edris Derakhshi (TradingRage) The USDT Paired Chart XRP has been in a corrective downtrend after reaching a local high above $3.00 last week, with the price now testing the $2.00...
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