Tag: NASDAQ:TRIP
-
Airbnb Stocks Drop 8% Amid Bleak Outlook; Bumble Surges 14% on Global Download Rise, and More in Earnings
Airbnb (NASDAQ:ABNB) – Airbnb’s shares fell 8.4% in pre-market trading despite surpassing first-quarter expectations with earnings per share of 41 cents, compared to the expected 24 cents, and a revenue of $2.14 billion, beating the forecast of $2.06 billion. However, the company provided a less optimistic outlook for the future. Airbnb projected second-quarter revenue to…
-
Cisco Systems Stock Drops 5% Following Restructuring Plan, Berkshire Trims Apple Stake, and Latest News
Berkshire Hathaway (NYSE:BRK.A) – Berkshire Hathaway reduced its stake in Apple (NASDAQ:AAPL), selling 10 million shares, while holding over 905 million. It also increased its position in Chevron (NYSE:CVX), reduced it in HP (NYSE:HPQ), and Paramount Global (NASDAQ:PARA). The company kept investors guessing on what could be a major new investment by Warren Buffett. Nvidia…
-
Tuesday’s Wall Street Highlights: Teck Resources, Starbucks, Nvidia, Fisker, Home Depot, and more
In Tuesday’s pre-market trading, U.S. index futures are showing positive performance. Investors worldwide are carefully analyzing quarterly earnings reports, as well as significant economic indicators from Europe. Concurrently, there is growing anticipation for the release of U.S. inflation data for October. It is estimated that these figures will indicate a slowing trend in inflation compared…
-
Tuesday’s Wall Street Highlights: WeWork, UBS, Sanofi, Alteryx, Intel, and more.
U.S. index futures point to a negative opening this Tuesday, signaling a cautious reaction from investors to recent mixed corporate earnings and unfavorable economic indicators coming from Europe. The market also remains in anticipation of insights from Federal Reserve members and the impending release of American trade balance data, elements that may provide additional direction…
-
Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
December S&P 500 futures (CCOM:US500) are down -0.15%, and December Nasdaq 100 E-Mini futures (CCOM:US100) are down -0.16% this morning as investors digested weak Chinese trade data and comments from a Federal Reserve policymaker that tempered expectations of speedy interest rate cuts by the U.S. central bank. Third-quarter earnings season continues, and investors anticipate new reports…
-
Monday’s Wall Street Highlights: Berkshire Hathaway, Tesla, GM, Unilever, and more
U.S. index futures indicate a positive opening on Monday, driven by the anticipation of an end to the Federal Reserve’s interest rate hike cycle. As of 06:28, Dow Jones futures (DOWI:DJI) rose 19 points, or 0.06%. S&P 500 futures gained 0.17%, and Nasdaq-100 futures increased by 0.20%. The yield on 10-year Treasury notes stood at…
-
Thursday’s Wall Street Highlights: Anheuser-Busch InBev, Apple, Hasbro, Sunrun and more
US index futures are lower on Thursday as Fitch’s credit rating downgrade is still reverberating through markets, with investors cautious amid global economic and political uncertainties. The market watches economic indicators in Europe, corporate results and the interest rate decision in England. By 7:00 AM, Dow Jones futures (DOWI:DJI) were down 55 points, or 0.16%. S&P 500…
-
Thursday’s Wall Street Highlights: PacWest, Salesforce, Shell, Moderna and more
On Thursday, US stock futures saw a pullback as investors eyed the Fed’s recent decision, as well as ongoing banking sector stress and Apple’s upcoming earnings release. By 8:07 AM, Dow Jones futures were down 131 points, or -0.39%. S&P 500 futures were down -0.41%, while Nasdaq-100 futures were down 0.15%. On Wednesday, the Dow fell…