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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 Equity Indexes Extend Gains in Midday Trading
US Equity Indexes Extend Gains in Midday Trading
Aug 7, 2024
12:54 PM EDT, 08/07/2024 (MT Newswires) -- US equity indexes extended gains, led by energy and utilities, and government bond yields rose after midday on Wednesday. The Nasdaq Composite climbed 1.1% to 16,540.2, with the S&P 500 up 0.9% to 5,288.5 and the Dow Jones Industrial Average 0.6% higher at 39,225.9, continuing the march higher after the sharp sell-off on...
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...
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...
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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...
The Analyst Verdict: Adobe In The Eyes Of 21 Experts
The Analyst Verdict: Adobe In The Eyes Of 21 Experts
Sep 6, 2024
Providing a diverse range of perspectives from bullish to bearish, 21 analysts have published ratings on Adobe 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 Somewhat Bullish Indifferent...
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...
What the Options Market Tells Us About Dell Technologies
What the Options Market Tells Us About Dell Technologies
Sep 6, 2024
Deep-pocketed investors have adopted a bullish approach towards Dell Technologies ( DELL ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DELL usually suggests something big is about to happen. We gleaned this information...
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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...
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...
Ethereum Price Analysis: ETH Revisits Multi
Ethereum Price Analysis: ETH Revisits Multi
Mar 11, 2025
Ethereum’s price has been in a clear downtrend since reaching a local high above $3,600, forming consistent lower highs and lower lows. The price is now on the verge of solidifying below the key $2,000 support, which could cause even more capitulations in the short term. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, it...
22,702 BTC Flow to Exchanges: What History Tells Us About the Current Bitcoin Downtrend
22,702 BTC Flow to Exchanges: What History Tells Us About the Current Bitcoin Downtrend
Mar 11, 2025
The crypto markets recent pullback has rattled investors, with Bitcoin and altcoins experiencing sharp declines. While volatility remains a concern, fundamental indicators suggest a potential turnaround could be on the horizon. Bitcoin is currently on a seven-week slump after reaching an all-time high of approximately $109,000 on January 19 this year. This decline followed months of aggressive accumulation by whale...
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