Tag: NASDAQ:ADSK
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United Shares Surge 5.3% in Q1 2024 Earnings Beat; Take-Two Cuts 5% of Workforce, and More News
United Airlines (NASDAQ:UAL) – United Airlines forecasts an adjusted profit of between $3.75 and $4.25 per share for the June quarter. In the first quarter, it posted an adjusted loss of 15 cents per share, better than Wall Street’s estimate of a 57-cent loss per share. The company reaffirmed its earnings estimate for 2024 of…
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Cal-Maine Surges on Strong Quarterly Performance, Taiwan Earthquake Disrupts Tech Supply Chain, and More
Taiwan Semiconductor Manufacturing Company (NYSE:TSM) – TSMC evacuated some factories and suspended operations after a 7.4 magnitude earthquake hit Taiwan, raising concerns about the global technology supply chain. Companies like Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA) are affected. Taiwan is crucial for chips but vulnerable to natural disasters and geopolitical tensions. TSMC shares are down 0.9%…
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U.S. Futures Dip as PCE Data Looms; Modest Gains for WTI and Brent Crude in April Contracts
U.S. index futures are down in pre-market trading as investors await the release of January’s Personal Consumption Expenditures (PCE) deflator, a key indicator for the Federal Reserve (Fed). Anxiety mounts following surprises in CPI and PPI indices, while the Fed maintains a cautious stance on interest rate cuts. At 05:40, Dow Jones futures (DOWI:DJI) fell…
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Wednesday’s Wall Street Highlights: Nvidia, Broadcom, Berkshire Hathaway, Guess, Virgin Galactic, and more
In the pre-market on Wednesday, U.S. index futures show a positive trend. Investors are anticipating the quarterly earnings of Deere & Co (NYSE:DE), while analyzing the recent results of Nvidia (NASDAQ:NVDA) and the minutes from the last FOMC meeting, released the day before. At 06:04 AM, Dow Jones futures (DOWI:DJI) rose 49 points, or 0.14%.…
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Thursday’s Wall Street Highlights: Boeing, Nvidia, Guess, J&J, GM, and more
US index futures are higher in premarket trading on Thursday, reflecting chipmaker Nvidia’s strong results (NASDAQ:NVDA) yesterday and ahead of the Jackson Hole symposium in the US, which starts today and could provide clues about the interest path. By 6:46 AM, Dow Jones Futures (DOWI:DJI) fell 22 points, or 0.06%. S&P 500 futures were up 0.58%…
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Friday’s Wall Street Highlights: JPMorgan, Tesla, PDS Biotechnology, Costco and more
US Index Futures rose on the possibility of the US government reaching a deal to resolve the US debt ceiling problem prevailing in markets on Friday morning. Investors also await the release of the inflation indicator monitored by the Federal Reserve, after mixed signals from US central bank officials regarding the direction of interest rates. By…