Tag: NASDAQ:MSFT
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Friday’s Wall Street Highlights: Archer Aviation, UBS, Pagaya Technologies, Cano Health, and more
US index futures are down premarket on Friday, continuing to reflect the impacts of US inflation figures, UK activity and uncertainty surrounding global interest rate trends. By 7:00 AM, Dow Jones Futures (DOWI:DJI) were down 3 points, or 0.01%. S&P 500 futures were down 0.10% and Nasdaq-100 futures were down 0.23%. The 10-year Treasury yield was at…
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Generative AI Market To Hit $1.3 Trillion By 2032, Says BlackRock
The artificial intelligence (AI) market will reach $1.3 trillion by 2032, according to the projection of Jeff Spiegel, head of Megatrends and international ETFs at BlackRock. According to him, in 2022, this market was valued at around US$ 40 billion. During a panel at the TAG Summit, held today by the manager TAG Investimentos, Spiegel…
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Friday’s Wall Street Highlights: Amazon, Apple, Fortinet, Atlassian, DraftKings, and more
US index futures are higher on Friday, buoyed by quarterly results and anticipation of the US employment report. By 6:59 AM, Dow Jones (DOWI:DJI) futures were up 5 points, or 0.01%. S&P 500 futures were up 0.18%, while Nasdaq-100 futures were up 0.31%. The 10-year Treasury yield was at 4.186%. Retail sales in the euro zone had a…
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Microsoft Net Income Up 20% In Fiscal Fourth Quarter To $20.1 Billion
Microsoft (NASDAQ:MSFT) reported net income of $20.1 billion in the fourth fiscal quarter of 2023 (ended June 30), up 20% from the same period a year ago. Diluted earnings per share were $2.69, up from $2.23 a year ago, while operating profit was $24.2 billion, up 18% year-on-year. The company’s revenue expanded 8% in the…
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Monday’s Wall Street Highlights: Chevron, AMC, Posco Holdings, Philips, and more
US Index Futures are up in premarket trading on Monday, awaiting for economic activity data and the Federal Reserve’s decision this week. European markets also operate higher with investors digesting lower-than-expected results and waiting for the release of interest rates by the European Central Bank (ECB). By 07:01 AM, Dow Jones futures (DOWI:DJI) were up 30…