Tag: NASDAQ:META
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Tuesday’s Wall Street Highlights: Gitlab, Zura Bio, Thor Industries, Unity Software, and more
US Index Futures pull back as investors pick up on a raft of weak economic indicators in Europe. Ore extends gains, but oil is traded in decline, without extending the momentum seen after the commitment to cut supply by Saudi Arabia. The drop in oil prices has weighed on energy stocks and Apple is on track to…
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Friday’s Wall Street Highlights: SoftBank, Boeing, Broadcom, MongoDB, Meta Platforms and more
US Index Futures rose in premarket trading on Friday after the US Senate passed a bill raising the debt ceiling, eliminating the risk of a debt default. The market is now shifting its focus to the Payroll report, which is important for calibrating expectations about the trajectory of US interest rates. By 6:55 AM, Dow Jones…
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Wall Street Highlights: Tesla, Nvidia, JPMorgan, Moderna and more
US stock and bond markets will be closed on Monday (29th) for Memorial Day. US debt deal talks have entered the final stages, but last-minute changes are likely to continue until the June 1 deadline. The week will remain busy with earnings reports and labor market data. Earnings highlights will include results from Hewlett Packard Enterprise and…
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Thursday’s Wall Street Highlights: Nvidia, Best Buy, Palantir, Snowflake and more
US Index Futures are upbeat for a possible solution to the U.S. debt ceiling impasse, with S&P 500 futures posting a one-week high and technology stocks soaring after chipmaker Nvidia Inc. issued a bright revenue forecast. Dow Jones Industrial Average futures fell after Fitch Ratings placed top-rated US bonds on negative watch due to stalled talks…
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Tuesday’s Wall Street Highlights: PacWest, Yelp, Oracle, Lowe’s and more
US Index Futures had a flat open, with indexes hovering just below the flat line as the market focused on budget disputes in Washington. By 6:40 AM, Dow Jones futures were down 21 points, or 0.06%. S&P 500 futures were down 0.02%, while Nasdaq-100 futures were down 0.02%. The 10-year Treasury yield was at 3.746%. West Texas Intermediate…
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China Bans Micron, Ryanair Exceeds Profit Expectations, Meta Fined €1.2bn by EU
China Bans Micron China’s Cyberspace Administration announced a ban on operators of key infrastructure from purchasing products from US chipmaker Micron Technology (NASDAQ:MU), citing “serious network security risks.” The move marks China’s first major action against an American semiconductor group, with Micron identified as posing risks to the country’s critical information infrastructure supply chain. Ryanair…
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Monday’s Wall Street Highlights: Meta, Micron, Ford, Hepion, Ryanair and more
US Index Futures were broadly flat on Monday as traders watched talks on the US debt ceiling. By 7:49 AM, Dow Jones futures were up 8 points, or 0.03%. S&P 500 futures were down 0.01%, while Nasdaq-100 futures were down 0.06%. The 10-year Treasury yield was at 3.68%. West Texas Intermediate crude rose 0.21% to settle at $71.70…
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Friday’s Wall Street Highlights: Disney, Occidental Petroleum, Alibaba, Farfetch and more
The US Index Futures point to a slight increase and are still trying to extend yesterday’s gains, when optimism prevailed with the signs of progress in negotiations on raising the debt ceiling in the United States. By 6:46 AM, Dow Jones futures were up 34 points, or 0.10%. S&P 500 futures were up 0.11%, while Nasdaq-100…
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Thursday’s Wall Street Highlights: Walmart, Alibaba, Deutsche Bank, Snowflake and more
US Index Futures were mixed on Thursday, on optimism that talks to raise the country’s debt ceiling are progressing, and traders digesting gains from Walmart and Alibaba, as well as reports of weekly unemployment claims numbers, the Philadelphia Fed’s manufacturing survey numbers for May, and awaiting existing home sales data for April. By 08:45 AM,…
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Wall Street Highlights for Wednesday: Target, Tesla, Western Alliance, AT&T and more
US Index Futures operated in positive territory on Wednesday, with investors awaiting news on talks between congressmen and President Joe Biden over the US debt ceiling, while awaiting data on housing and building permits. American markets are still echoing the surge in Western Alliance shares in the after hour, after the bank recorded growth in deposits,…