Tag: NASDAQ:MAT
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Futures Pointing To Sharply Lower Open On Wall Street
The major U.S. index futures are currently pointing to a sharply lower open on Thursday, with stocks likely to come under pressure following the lackluster performance seen in the previous session. A negative reaction to earnings news from Meta Platforms (NASDAQ:META) is likely to weigh on Wall Street, as the Facebook parent is plunging by…
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Upbeat Earnings News May Lead To Extended Rebound On Wall Street
The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to extend the notable upward move seen over the two previous sessions. A positive reaction to the latest corporate earnings news may contribute to an extended rebound on Wall Street following the considerable weakness seen last week. Shares…
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Tesla Surges 12% with 2025 Affordable Vehicle Promise, Evotec Slumps 36% on Uncertain Outlook, and Latest Earnings
Tesla (NASDAQ:TSLA) – Tesla shares rose 11.96% in pre-market trading on Wednesday, even though its first-quarter earnings were below analysts’ forecasts. Tesla reported an adjusted earnings per share of 45 cents with revenues of $21.3 billion, while analysts had expected earnings per share of 51 cents and revenues of $22.15 billion. Moreover, Tesla revealed plans…
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Samsung Surpasses Apple in Q1 Smartphone Market; Salesforce in Talks to Acquire Informatica, and More News
Apple (NASDAQ:AAPL) – In the first quarter of 2024, Apple’s smartphone shipments fell by 10%, challenged by Android competitors. Samsung led with a 20.8% market share, reversing Apple’s position. Apple sold 50.1 million iPhones, down by 5.3 million from the previous year. Sales in China declined by 2.1%. Recently, the stock market reacted to the…
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Arm Achieves Record Revenue, PayPal Shares Plummet by More Than 9%, and Latest Updates
Apple (NASDAQ:AAPL) – According to The Information, Apple is working on prototypes for at least two foldable iPhone models that fold horizontally, resembling a clamshell. These foldable devices are in the early stages of development and are not expected for mass production until 2024 or 2025. Apple has recently contacted at least one manufacturer in…
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U.S. Index Futures Dip Ahead of Key Earnings Reports, Oil Prices Climb
In Wednesday’s pre-market, U.S. index futures show a negative trend, reflecting investor uncertainty as they await a new round of quarterly reports from renowned companies. At 5:49 AM, Dow Jones futures (DOWI:DJI) fell 38 points, or 0.10%. S&P 500 futures dropped 0.07%, and Nasdaq-100 futures were stable. The 10-year Treasury bond yield was at 4.121%.…
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Apple Stocks Reach Record, Adobe Faces Stock Drops, Berkshire Hathaway Increases Stake in OXY, and More
U.S. index futures are showing an increase in the pre-market on Thursday, following the Dow Jones closing at a historic high the day before due to indications from the Federal Reserve of several rate cuts in 2024. At 05:30 AM, the Dow Jones futures (DOWI:DJI) rose 85 points, or 0.23%. S&P 500 futures were up…
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Alaska Air Acquires Hawaiian Holdings, Spotify Cuts 1,500 Jobs, Uber’s S&P 500 Entry, and More
U.S. index futures are down in Monday’s pre-market trading, reversing some of last week’s gains. This comes amidst growing bets that the Federal Reserve will keep interest rates unchanged at the upcoming monetary policy meeting and initiate a decline next year. Despite efforts by Fed Chairman Jerome Powell to discourage expectations of rate cuts, stating…
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Thursday’s Wall Street Highlights: Ford, Morgan Stanley, Align Technology, Endeavor, and more
US index futures are declining in pre-market trading this Thursday, primarily due to investors’ negative reaction to companies reporting results below expectations. Meta (NASDAQ:META) saw a 2.8% drop in pre-market trading, citing an uncertain economic environment as the reason, while Alphabet (NASDAQ:GOOGL) lost 1.7% due to disappointing cloud-related numbers. Amazon (NASDAQ:AMZN), which will release results…
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Thursday’s Wall Street Highlights: Salesforce, Mattel, Shell, Meta, McDonald’s, and more
US Index Futures rose on Wednesday morning, buoyed by quarterly results and awaiting Gross Domestic Product (GDP) data. European markets also operate high on Thursday, a day after the Federal Reserve raised interest rates in the United States and awaiting the decision of the European Central Bank (ECB). By 6:58 AM, Dow Jones (DOWI:DJI) futures were up…