The end of the easy-cash era is over and its impact yet to be felt on world markets, hopeful that the pain of aggressive rate hikes and high inflation has passed.
Volatility-linked funds estimated to be buying as much as $2 billion in U.S. equities daily are helping drive this year's rebound in stocks and may ramp up purchases in coming weeks, though a hawkish Federal Reserve could spoil the party.
The outlook for technology companies will become clearer soon, as big tech companies Alphabet GOOGL, Amazon AMZN, and Apple AAPL are all set to report earnings on Thursday, February 2.
A gauge of global stocks advanced on Tuesday as it closed
out a strong month while U.S. Treasury yields fell as investors
assessed economic data and earnings reports ahead of a run of
central bank policy announcements.
Major U.S. stock indexes closed over 1% higher on Tuesday as labor cost data encouraged investors about the Federal Reserve's aggressive approach to taming inflation a day ahead of the central bank's critical policy decision.
The NASDAQ 100 After Hours Indicator is down -30.43 to 12,071.5. The total After hours volume is currently 181,582,492 shares traded.The following are the most active stocks for the after hours session: Citigroup Inc. (C) is -0.07 at $52.15, with 19,894,238 shares traded. Over t
Advanced Micro Devices on Thursday forecast first-quarter revenue below Wall Street estimates on fears of fewer orders due to worsening PC demand and slowing data center market.
Major U.S. stock indexes closed higher on Tuesday as labor cost data encouraged investors about the Federal Reserve's aggressive approach to taming inflation a day ahead of the central bank's critical policy decision.
The outlook for technology companies will become clearer soon, as big tech companies Alphabet GOOGL, Amazon AMZN, and Apple AAPL are all set to report earnings on Thursday, February 2.
From big tech earnings to employment data and interest rate decisions, this is an extremely significant week for Wall Street. Markets are at a possible precipice and depending on the results of this week’s data deluge we may have a case to help determine where the market
A gauge of global stocks rose on Tuesday while U.S. Treasury yields mostly fell as investors assessed economic data and earnings reports ahead of a run of central bank policy announcements.
Major U.S. stock indexes rose on Tuesday as labor cost data encouraged investors about the Federal Reserve's aggressive approach to taming inflation a day ahead of the central bank's critical policy decision.
Tesla’s TSLA stock surged about 33% last week after the company posted strong results and is now up more than 50% this month. CEO Elon Musk was optimistic about the outlook and said the company could produce 2 million cars this year.
The European Union (EU) will consult the technology and telecoms sectors on whether tech giants like Alphabet Inc's Google, Meta and Amazon.com Inc should subsidize network costs, according to a Commission document seen by Reuters on Tuesday.
Meta Platforms’ META fourth-quarter 2022 results, set to be reported on Feb 1, are expected to reflect the impacts of weak advertising revenues.The Zacks Consensus Estimate for fourth-quarter advertising is pegged at $30.32 billion, down 7.1% year over year. Our estimate
Tuesday, January 31, 2023The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features a real-time update on the ongoing Q4 earnings season and new research reports on 16 major stocks, including Apple Inc. (AAPL), Meta Pla
Apple AAPL is set to report its first-quarter fiscal 2023 results on Feb 2.Apple expects year-over-year revenue growth to decelerate in the fiscal first quarter compared with the fiscal fourth quarter (the September-end quarter) due to an unfavorable year-over-year impact
A gauge of global stocks rose on Tuesday, erasing earlier declines, while U.S. Treasury yields mostly moved lower after as investors digested economic data and earnings reports ahead of a string of central bank policy announcements.