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Top Midday Gainers
Top Midday Gainers
Nov 26, 2024
01:02 PM EST, 11/26/2024 (MT Newswires) -- Semtech (SMTC) reported late Monday fiscal Q3 earnings and revenue that beat consensus estimates. The chipmaker also issued fiscal Q4 guidance above analyst forecasts. Semtech shares recently were up more than 17%, easing slightly from an earlier advance of 25%. Trading volume was of nearly 4.3 million shares compared with an average of...
US Equity Indexes Mixed in Midday Trading
US Equity Indexes Mixed in Midday Trading
Nov 26, 2024
12:18 PM EST, 11/26/2024 (MT Newswires) -- US benchmark stock indexes traded mixed midday Tuesday, with the Dow Jones Industrial Average retreating from its all-time closing high the day before. The DJIA was down 0.3% to 44,580.5, the Nasdaq rose 0.5% to 19,145.7 and the S&P 500 was up 0.3% to 6,005.4 after midday on Tuesday. Utilities and communication services...
US Equity Indexes Mixed After Trump's Latest Comments on Tariffs
US Equity Indexes Mixed After Trump's Latest Comments on Tariffs
Nov 26, 2024
12:43 PM EST, 11/26/2024 (MT Newswires) -- US benchmark stock indexes traded mixed midday Tuesday as traders assessed President-elect Donald Trump's latest comments on tariffs. The Dow Jones Industrial Average was down 0.2% to 44,649.4, the Nasdaq rose 0.5% to 19,155.9 and the S&P 500 was up 0.4% to 6,008.9 after midday on Tuesday. Utilities and communication services led the...
Sector Update: Energy
Sector Update: Energy
Nov 26, 2024
01:18 PM EST, 11/26/2024 (MT Newswires) -- Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index decreasing 0.5% and the Energy Select Sector SPDR Fund (XLE) down 0.4%. The Philadelphia Oil Service Sector index dropped 2.1%, while the Dow Jones US Utilities index was rising 1%. Front-month West Texas Intermediate crude oil was declining 0.9% to $68.29...
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Exclusive-EU's new tech laws are working - small browsers gain market share
Exclusive-EU's new tech laws are working - small browsers gain market share
Apr 9, 2024
By Supantha Mukherjee and Foo Yun Chee STOCKHOLM/BRUSSELS (Reuters) - Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation forced Alphabet's Google, Microsoft and Apple to make it easier for users to switch to rivals, according to data provided to Reuters by six companies. The early results come after...
Analysis-Funds selling options help temper US stock swings
Analysis-Funds selling options help temper US stock swings
Apr 9, 2024
NEW YORK (Reuters) - Popular funds that sell options for income may be moderating the recent bout of volatility in U.S. stocks, extending the calming effect they have had on the market for the last several months. Assets under derivative income ETFs, funds that use a mix of stock and stock derivatives to generate income, have grown to about $71...
TSMC says Q1 revenue up 16.5% y/y
TSMC says Q1 revenue up 16.5% y/y
Apr 9, 2024
TAIPEI, April 10 (Reuters) - Taiwan chipmaker TSMC reported a 16.5% year-on-year rise in first-quarter revenue on Wednesday. ...
Barry Callebaut operating profit falls due to transformation plan
Barry Callebaut operating profit falls due to transformation plan
Apr 9, 2024
(Reuters) - Barry Callebaut, the world's biggest chocolate maker, reported lower than expected half-year operating profit on Wednesday, hit by one-off expenses caused by its transformation plan. The Swiss-based company said its earnings before interest and tax fell 40% in local currencies to 178 million Swiss francs ($197 million) on a reported basis in the six months to the end...
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