Tag: NASDAQ:NVDA
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Rising Treasury Yields May Weigh On Wall Street
The major U.S. index futures are currently pointing to initial weakness on Wall Street on Wednesday, with stocks likely to move mostly lower following the mixed performance seen in the previous session. A continued increase by treasury yields may weigh on Wall Street, as the yield on the benchmark ten-year note is seeing further upside…
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Robinhood Shares Surge 3.3% on Stock Buyback Announcement; Anglo Declines BHP Deadline Extension, and More News
Robinhood Markets (NASDAQ:HOOD) – Robinhood has launched a $1 billion share buyback program, reflecting confidence in the company. The program is expected to be executed over two to three years, starting in the third quarter of 2024, subject to market conditions. Robinhood’s shares rose 3.3% in pre-market trading. Nvidia (NASDAQ:NVDA), Apple (NASDAQ:AAPL) – Nvidia’s shares…
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US Index Futures Drop Amid Rising Treasury Yields and Inflation Concerns, Oil Prices Increase
U.S. index futures are down in pre-market trading this Wednesday, after the Nasdaq Composite reached a new record in the previous session. Investors are focused on rising Treasury yields and increasing inflation concerns. As of 6:25 AM, Dow Jones futures (DOWI:DJI) fell 219 points, or 0.56%. S&P 500 futures dropped 0.56%, and Nasdaq-100 futures lost…
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Tech Stocks May Lead Early Uptick On Wall Street
The major U.S. index futures are currently pointing to a modestly higher open on Tuesday, with tech stocks likely to see further upside after leading the markets higher last Friday. Shares of Nvidia (NASDAQ:NVDA) are surging by 3.0 percent in pre-market trading, as the AI darling seems poised to continue to benefit from last week’s…
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iPhone Sales Skyrocket in China, Nvidia Surges in Pre-Market Following xAI Fundraising, and More News
Apple (NASDAQ:AAPL) – In April, Apple’s iPhone sales in China surged by 52% compared to the previous year, recovering from a challenging start to the year. This increase comes despite strong competition from local manufacturers like Huawei. Overall smartphone sales in the country also grew, totaling 22.7 million units. At the upcoming developer conference, Apple…
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U.S. Index Futures Show Pre-Market Gains, Oil Prices Fall
U.S. index futures are up in pre-market trading this Friday after a drop in the three major indexes in the previous session, during which the Dow Jones posted its worst session in over a year. At 06:46 AM, Dow Jones futures (DOWI:DJI) rose 69 points, or 0.18%. S&P 500 futures advanced 0.29%, and Nasdaq-100 futures…
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Workday Shares Drop 12%, VF Corp Divests Assets for Cash Boost, and More
VF Corp (NYSE:VFC) – VF Corp, the owner of Vans and North Face brands, sold two jets and listed a hangar for sale as part of its cost-cutting and cash-generating strategies. These actions are part of the company’s plan to address continuous revenue declines and prepare for future debt maturities. Morgan Stanley (NYSE:MS) – James…
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Upbeat Nvidia Earnings Likely To Spark Early Rally On Wall Street
The major U.S. index futures are currently pointing to a higher open on Thursday, with tech stocks likely to lead an early rally following upbeat quarterly results from Nvidia (NASDAQ:NVDA). Shares of Nvidia (NASDAQ:NVDA) are soaring by 7.0 percent in pre-market trading after the AI darling reported better than expected fiscal first quarter results and…
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Nvidia Stocks Surge Up to 7% Pre-Market; VF Corp Drops 15%, and More in Earnings
Nvidia (NASDAQ:NVDA) – The adjusted earnings per share were $6.12, exceeding the expected $5.59. Revenue reached $26.04 billion, a 262% year-over-year increase, surpassing the anticipated $24.65 billion. For the next quarter, the company forecasts $28 billion in sales. In the quarter ended April 28, data center revenue was $22.6 billion, a 427% year-over-year increase. Nvidia…
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U.S. Futures Rise, Oil Prices Climb
U.S. index futures rose in pre-market trading on Thursday, with tech stocks boosted by strong earnings and a positive forecast from Nvidia. At 6:42 AM, Dow Jones (DOWI:DJI) futures were up 36 points, or 0.09%. S&P 500 futures advanced 0.53%, and Nasdaq-100 futures gained 0.91%. The yield on the 10-year Treasury note was at 4.441%.…