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Sector Update: Tech
Sector Update: Tech
Jun 2, 2025
08:47 AM EDT, 06/02/2025 (MT Newswires) -- Technology stocks were flat to lower pre-bell Monday with the SPDR S&P Semiconductor ETF (XSD) inactive and the Technology Select Sector SPDR Fund (XLK) down 0.3% recently. Alphabet (GOOGL, GOOG) said it would appeal an antitrust decision by Judge Amit Mehta, who is mulling options on how to limit the tech giant's monopoly...
Wall Street Monitors Global Trade Situation as US Equity Futures Move Lower Pre-Bell
Wall Street Monitors Global Trade Situation as US Equity Futures Move Lower Pre-Bell
Jun 2, 2025
08:51 AM EDT, 06/02/2025 (MT Newswires) -- US equity futures were down before Monday's opening bell as investors monitored the global trade situation. Dow Jones Industrial Average futures were down 0.3%, S&P 500 futures were 0.4% lower, and Nasdaq futures were down 0.6%. Trade tensions reignited as China pushed back against the US, saying Washington has seriously undermined the interim...
Sector Update: Energy
Sector Update: Energy
Jun 2, 2025
09:01 AM EDT, 06/02/2025 (MT Newswires) -- Energy stocks were advancing premarket Monday with the Energy Select Sector SPDR Fund (XLE) recently up 1.6%. The United States Oil Fund (USO) was up 4.5% and the United States Natural Gas Fund (UNG) was 6.1% higher. Front-month US West Texas Intermediate crude oil was up 4.7% at $63.59 per barrel at the...
COLUMN-Corporate America is well prepared for the coming storm: McGeever
COLUMN-Corporate America is well prepared for the coming storm: McGeever
Jun 2, 2025
(The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Florida, June 2 (Reuters) - Headwinds from tariffs, bond yields and 'stagflation' are gathering force, but corporate America could not be in better shape to face the economic storm that may be building. Data released last week showed that U.S. pre-tax corporate profits...
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Inquiry Into Apple's Competitor Dynamics In Technology Hardware, Storage & Peripherals Industry
Inquiry Into Apple's Competitor Dynamics In Technology Hardware, Storage & Peripherals Industry
Jul 9, 2025
In the dynamic and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Apple ( AAPL ) and its primary competitors in the Technology Hardware, Storage & Peripherals industry. By closely examining key financial metrics, market position, and growth prospects, our aim is...
T-Mobile ending DEI programs as it seeks FCC approval for two deals
T-Mobile ending DEI programs as it seeks FCC approval for two deals
Jul 9, 2025
July 9 (Reuters) - Wireless carrier T-Mobile US ( TMUS ) said on Wednesday it is ending its diversity, equity and inclusion programs under pressure from the Trump administration and as it seeks regulatory approval for two major deals. T-Mobile said in a letter to Federal Communications Commission Chair Brendan Carr made public on Wednesday that the wireless company is...
Comparative Study: Microsoft And Industry Competitors In Software Industry
Comparative Study: Microsoft And Industry Competitors In Software Industry
Jul 9, 2025
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 Microsoft ( MSFT ) in relation to its major competitors in the Software industry. Through a detailed examination of key financial metrics, market standing, and growth prospects, our...
Here's How Much $1000 Invested In Guidewire Software 10 Years Ago Would Be Worth Today
Here's How Much $1000 Invested In Guidewire Software 10 Years Ago Would Be Worth Today
Jul 9, 2025
Guidewire Software ( GWRE ) has outperformed the market over the past 10 years by 3.57% on an annualized basis producing an average annual return of 15.04%. Currently, Guidewire Software ( GWRE ) has a market capitalization of $19.33 billion. Buying $1000 In GWRE: If an investor had bought $1000 of GWRE stock 10 years ago, it would be worth...
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What's Going On With Palo Alto Networks Stock Tuesday?
What's Going On With Palo Alto Networks Stock Tuesday?
May 21, 2024
Palo Alto Networks Inc ( PANW ) shares are trading lower Tuesday on the heels of the company’s fiscal third-quarter financial results. Here’s what you need to know. What Happened: Palo Alto reported fiscal third-quarter revenue of $1.985 billion, which beat analyst estimates of $1.967 billion, according to Benzinga Pro. The cybersecurity company’s top-line results were up 15% on a...
What's Going On With Trump Media & Technology Group Stock?
What's Going On With Trump Media & Technology Group Stock?
May 21, 2024
Trump Media & Technology Group Corp ( DJT ) shares are in the spotlight Tuesday on the heels of the company’s first-quarter financial results. What Happened: After the market close on Monday, Trump Media ( DJT ), the company behind former President Donald Trump’s Truth Social, reported first-quarter revenue of $770,500 versus analyst estimates of $1.12 million, according to Benzinga...
Update: Market Chatter: Apple Challenging $1.95 Billion Fine in EU Antitrust Case
Update: Market Chatter: Apple Challenging $1.95 Billion Fine in EU Antitrust Case
May 21, 2024
09:05 AM EDT, 05/21/2024 (MT Newswires) -- (Updates with the European Commission's response in the fifth paragraph.) Apple ( AAPL ) is challenging a 1.8 billion euro ($1.95 billion) fine from the European Union for allegedly hampering competition from rival music streamers, Bloomberg reported Tuesday, citing people familiar with the matter. Apple ( AAPL ) filed a lawsuit at the...
BRIEF-Hess Says Three Lawsuits Have Been Filed Hess-Chevron Merger
BRIEF-Hess Says Three Lawsuits Have Been Filed Hess-Chevron Merger
May 21, 2024
May 21 (Reuters) - Chevron Corp ( CVX ): * HESS - RELATED TO HESS-CHEVRON MERGER, THREE LAWSUITS HAVE BEEN FILED CHALLENGING THE SUFFICIENCY OF THE DISCLOSURES MADE IN CONNECTION THEREWITH * HESS- SEVERAL PURPORTED STOCKHOLDERS OF CO HAVE SENT DEMAND LETTERS ALLEGING SIMILAR DEFICIENCIES REGARDING THE DISCLOSURES MADE IN PROXY STATEMENT Source text for Eikon: Further company coverage: ...
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