Tag: NASDAQ:SNPS
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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. Index Futures Dip Amid Wall Street Anxiety; Oil Prices Decline
U.S. index futures started Wednesday with a slight decline in pre-market trading, with an air of anticipation due to the imminent results from Nvidia (NASDAQ:NVDA) and after the S&P 500 and Nasdaq indices reached record highs the previous day. At 6:29 AM, Dow Jones futures (DOWI:DJI) fell 47 points, or 0.12%. S&P 500 futures declined…
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Apple Pre-Market Drop Due to Antitrust Threats, Surprising Profit Boosts Micron Shares, and Latest Market Updates
Apple (NASDAQ:AAPL) – Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT), Match Group (NASDAQ:MTCH), and X joined Epic Games in protesting against Apple, accusing it of violating an injunction by restricting payment options in the App Store, claiming price inflation and competition hurdles. Furthermore, the U.S. Department of Justice is preparing to sue Apple for alleged antitrust law…
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Unilever Initiates Ice Cream Division Spin-Off and Announces Job Cuts; Berkshire Ramps Up Share Buyback Efforts, and More
Unilever (NYSE:UL) – Unilever announced on Tuesday the spin-off of its ice cream unit, including Magnum and Ben & Jerry’s, into an independent business, accompanied by a cost-cutting program that would cut 7,500 jobs. The initial action resulted in a 3.2% increase in shares in pre-market trading. Berkshire Hathaway (NYSE:BRK.A) – Berkshire Hathaway has stepped…
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Nvidia’s Earnings Skyrocket by 769%, BuzzFeed’s Pre-Market Shares Surge by 85%, and Other Highlights
BuzzFeed (NASDAQ:BZFD) – BuzzFeed shares surged over 80% in Thursday’s pre-market after announcing the sale of Complex and planning staff cuts. Complex was sold for $108.6 million to NTWRK, while BuzzFeed will lay off 16% of its staff to save costs. New details will be shared on February 28th. Amazon (NASDAQ:AMZN), Walgreens (NASDAQ:WBA) – Amazon…
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Wall Street Highlights: Tesla Cuts Prices in Germany, Interactive Brokers Increases Revenue by 17%, and More
In Wednesday’s pre-market, U.S. index futures extended the downward trend seen in the previous session. As of 6:02 AM, Dow Jones futures (DOWI:DJI) fell 164 points, or 0.44%. S&P 500 futures fell 0.48% and Nasdaq-100 futures retreated 0.58%. The yield on 10-year Treasury bonds was at 4.062%. In the commodities market, West Texas Intermediate crude…
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Pre-Market Surge for Snowflake, Salesforce, Nutanix; ASML’s New CEO; Occidental’s CrownRock Negotiations
U.S. index futures are up in Thursday’s pre-market, reflecting investor expectations regarding the announcement of October’s personal consumption expenditures and the forecasted data for the weekly unemployment insurance claims. As of 6:09 AM, the Dow Jones futures (DOWI:DJI) rose by 168 points, or 0.47%. The S&P 500 futures advanced 0.19%, and the Nasdaq-100 futures increased…
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Amazon Unveils Innovative Services, Okta Discloses Data Breach, Textron Plans 2% Global Workforce Reduction, and More
U.S. index futures are trending upwards in Wednesday’s pre-market, with investors awaiting the release of the second estimate of the Gross Domestic Product (GDP) and the Beige Book in the United States to calibrate bets on monetary policy direction. As of 05:52 AM, Dow Jones futures (DOWI:DJI) rose by 105 points, or 0.30%. S&P 500…
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Thursday’s Wall Street Highlights: Walmart, Paramount, Visa, Wolfspeed, and more
US index futures were higher in premarket trading on Thursday as investors reflected on the Federal Reserve minutes released yesterday, in which members did not rule out further tightening to curb inflation. By 6:45 AM, Dow Jones futures (DOWI:DJI) were up 63 points, or 0.18%. S&P 500 futures were up 0.16% and Nasdaq-100 futures were up…
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Wednesday’s Wall Street Highlights: Intel, VinFast, Coherent, DLocal, Nu, Target, and more
US index futures were broadly flat in premarket trading on Wednesday as traders await indicators such as Federal Reserve minutes and industrial production. By 6:53 AM, Dow Jones futures (DOWI:DJI) were up 3 points, or 0.01%. S&P 500 futures were up 0.01% and Nasdaq-100 futures were up 0.06%. The 10-year Treasury yield was at 4.186%. On Wednesday’s…