ADVFN US – Market Content Editor

The major U.S. index futures are currently pointing to a slightly higher open on Wall Street on Wednesday, with stocks likely to move back to the upside after ending yesterday’s choppy trading session modestly lower. Optimism about the outlook for interest rates may lead stocks to resume their upward trend ahead of the release of…

U.S. index futures were little changed in pre-market trading on Wednesday, with attention on the minutes from the Federal Reserve’s latest meeting and earnings reports. Investors are eagerly awaiting statements from Fed Chair Jerome Powell, who will speak at the Jackson Hole Economic Symposium on Friday. At 5:29 AM ET, Dow Jones futures (DOWI:DJI) rose…

ZTO Express (NYSE:ZTO) – The Chinese express delivery company reported second-quarter revenue of $1.48 billion in Q2 2024, an increase of 10.1%. Adjusted net income rose 10.9% to $386.1 million. Parcel volume grew 10.1%, but market share fell 2% to 19.6%. The company reaffirmed its forecast of 15%-18% growth in parcel volume for 2024. Shares…

After trending higher over the past several sessions, stock showed a lack of direction over the course of the trading day on Tuesday. The major averages bounced back and forth across the unchanged line before eventually ending the day modestly lower. The major averages finished the session well off their worst levels of the day…

Bitcoin ETFs in the US See $62 Million in Net Inflows Despite Low Trading Volume On August 19, 2024, Bitcoin ETFs in the US recorded $61.98 million in net inflows, while total trading volume dropped to $779.87 million, the lowest since February. The decline in volume, significantly below August’s $5.24 billion, is attributed to weak…

The major U.S. index futures are currently pointing to a roughly flat open on Tuesday, with stocks likely to experience choppy trading after moving mostly higher over the course of the previous session. A lack of major U.S. economic data may keep traders on the sidelines ahead of key events later this week that could…

U.S. index futures showed moderate changes in pre-market trading on Tuesday after the S&P 500 and Nasdaq Composite achieved their longest winning streaks in 2024. Market volatility has decreased, and investors are awaiting the Jackson Hole Economic Symposium for potential hints about future interest rate cuts. At 5:00 AM ET, Dow Jones futures (DOWI:DJI) were…

Palo Alto Networks (NASDAQ:PANW) – The cybersecurity and firewall solutions company had a strong quarter, with net income of $358 million, or $1.01 per share, and adjusted earnings of $1.51, above the forecast of $1.41. Revenue rose to $2.19 billion, exceeding the estimate of $2.16 billion. For the next quarter, the company projects revenue between…