So far so good? Stocks finished first full week of earnings season on a strong note Friday, pushing the Dow Jones Industrial Average DJIA, +2.47%, S&P 500SPX, +2.37% and Nasdaq Composite COMP, -0.81% to its biggest weekly earnings since June. It gets busier in the coming week, with 165 S&P 500 companies, including 12 Dow …
Another earnings call from Tesla Inc. and another fanciful prediction from Elon Musk that likely spurred another open file at the Securities and Exchange Commission on Wednesday. CEO of Tesla Inc. TSLA, +0.84% told investors on Wednesday that he believes the electric carmaker’s valuation will exceed the combined market capitalization of the world’s two most …
US stocks saw early gains fade on Friday, with the market turning south after attempting to ride a bounce in the previous session that marked what has been called one of the craziest trading days in history. Stocks fell after a closely watched survey showed consumer inflation expectations were on the rise, while investors were …
US Stocks Struggle To Make ‘Crazy’ Rally Hold As Earnings Season Begins Read More »
After that CPI shock earlier in the week, Wall Street is reporting a new batch of data on Thursday, with the main retail sales number stronger than expected. And a disastrous rail strike can be reversed. But there is nothing to encourage billionaire investor and hedge fund manager Ray Dalio, who in our call of …
Federal Reserve policymakers are about to surprise themselves, and not in a good way when it comes to stocks and other assets perceived as risky, according to analysts at the BlackRock Investment Institute. BlackRock has argued that investors are dealing with a “regime shift” as the COVID-19 pandemic upended an unusual period of mild volatility …
With the end of summer, the US stock market is poised for a potentially unstable downturn. “Recession fears are the most likely trigger for a retest of the June lows,” Ed Clissold, chief US strategist at Ned Davis Research, said in an Aug. 31 note. “From a seasonality perspective, a new test could be done …
text size Production at Tesla’s Shanghai gigafactory could face another supply problem in the coming months. Xiaolu Chu/Getty Images nvidia ‘s new chip problem may affect the actions of some chip customers, such as Tesla . giant chip nvidia (ticker: NVDA) told investors on Wednesday in a presentation with the Securities and Exchange Commission that …
Tesla shares take a hit from Nvidia’s warning over China business Read More »
text size Production at Tesla’s Shanghai gigafactory could face another supply problem in the coming months. Xiaolu Chu/Getty Images nvidia ‘s new chip problem may affect the actions of some chip customers, such as Tesla . giant chip nvidia (ticker: NVDA) told investors on Wednesday in a presentation with the Securities and Exchange Commission that …
Tesla shares take a hit from Nvidia’s warning over China business Read More »
Shares of Okta Inc. tumbled in extended trading on Wednesday after executives revealed the software company was facing integration problems stemming from the $6.5 billion acquisition of Auth0. okta okta, +0.26% Executives raised their full-year profit outlook again on Wednesday, but kept their full-year revenue target. Todd McKinnon, CEO and co-founder of Okta, told MarketWatch …
Shares of Okta Inc. tumbled in extended trading on Wednesday after executives revealed the software company was facing integration problems stemming from the $6.5 billion acquisition of Auth0. okta okta, +0.26% Executives raised their full-year profit outlook again on Wednesday, but kept their full-year revenue target. Todd McKinnon, CEO and co-founder of Okta, told MarketWatch …
