ADVFN US – Market Content Editor
-
Top 5 Moving Markets: Powell’s speech, Netflix, Tesla Earnings
1. Powell’s speech in the spotlight Jerome Powell is set to hold the spotlight Thursday, as the Federal Reserve chairman speaks at the Economic Club of New York later in the session, with markets nervous that he may strike a hawkish tone after a series of U.S. data pointed to strength in the economy. Fed policy…
-
Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
Pre-Market U.S. Stock Movers Netflix Inc (NASDAQ:NFLX) surged about +13% in pre-market trading after the company reported stronger-than-expected Q3 EPS, posted its best subscriber growth in years, and confirmed it would start raising prices. Tesla Inc (NASDAQ:TSLA) slid over -5% in pre-market trading after the Austin-based company reported weaker-than-expected Q3 results. Las Vegas Sands Corp…
-
US Futures Flat, European Stocks Slip
U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.8% in morning trading. Telia added 7.6% and EQT rose 7.5%. On the other hand, Uniper lost 27.4%,…
-
Top Company News of the Day: Nokia, Nestle, SAP, Merck
Nokia to Cut Thousands of Jobs as Profit Plummets Nokia launched a plan to cut as many as 14,000 jobs as it seeks to save up to EUR1.2 billion after it posted a 45% fall in profit in the third quarter. Nestle Reports Sales Miss Nestle’s organic sales rose by a less-than-expected 7.8% in the…
-
Tesla Reveals 3rd Quarter Results With a Focus On Cost Reduction And Expansion in AI; Stock Rises
After the market closed on Wednesday, Tesla (NASDAQ:TSLA) shared its third quarter financial results. Subsequently, its shares experienced an decrease of more than 3% in extended trading. Relative to Wall Street expectations, based on research from LSEG (formerly Refinitiv), Tesla reported an adjusted profit of 66 cents per share, versus an expectation of 73 cents. Tesla demonstrated…
-
Netflix Raises Prices After Record Subscriber Growth and Exceeds Wall Street Expectations
The streaming giant, Netflix (NASDAQ:NFLX), announced an increase in the prices of its subscriptions in the US, France and the United Kingdom. This increase follows a remarkable third quarter, where the company added an astonishing 8.76 million new subscribers, bringing its total base to 247.2 million. Management attributed this expansion to captivating content and measures to crack…
-
U.S. Stocks Move Mostly Lower Amid Increase In Treasury Yields
Stocks have moved mostly lower during trading on Wednesday, with the major averages all moving to the downside after ending the previous session narrowly mixed. Currently, the major averages are just off their lows of the session. The Dow is down 176.09 points or 0.5 percent at 33,821.56, the Nasdaq is down 139.58 points or…
-
Crypto This Wednesday: Stellar Integrates Smart Contracts, Floki Launches Staking Feature, and More
Stellar seeks to compete with Ethereum by adding smart contracts to its network A new competitor has emerged in the smart contract blockchain market, with the Stellar (COIN:XLMUSD) project, known for its payment solutions, preparing to integrate smart contract functionality into its platform. While Ethereum leads the industry, Stellar hopes to attract developers and users to…
-
Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
Pre-Market U.S. Stock Movers United Airlines Holdings (NASDAQ:UAL) slid over -4% in pre-market trading after the carrier provided weaker-than-expected Q4 EPS guidance. Floor & Decor Holdings (NYSE:FND) climbed more than +7% in pre-market trading after entering the S&P MidCap 400 index. NVIDIA Corporation (NASDAQ:NVDA) fell over -1% in pre-market trading after Morgan Stanley lowered its…
-
Wednesday’s Wall Street Highlights: ASML, Nvidia, United Airlines, Viking Therapeutics, P&G, and More
US index futures are declining this Wednesday in pre-market trading as investors await new quarterly financial reports and assess recent information on inflation in Europe and economic performance in China. Additionally, developments in the conflict between Israel and Hamas are under the market’s scrutiny. At 07:02, Dow Jones futures (DOWI:DJI) dropped by 93 points, or…