Tag: NYSE:BAC
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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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Tuesday’s Wall Street Highlights: Paramount Global, Nvidia, Zoom, Symbotic, Baidu, and more
U.S. index futures are down this Tuesday during the pre-market period, reflecting investor caution. They eagerly await the release of quarterly results from major U.S. companies, as well as the publication of the minutes from the most recent meeting of the Federal Open Market Committee (FOMC), scheduled for 2 PM. At 6:05 AM, Dow Jones…
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Thursday’s Wall Street Highlights: Nvidia, Duolingo, Disney, Virgin Galactic, Applovin, and more
U.S. index futures are mixed in Thursday’s pre-market, reflecting a scenario influenced by both divergent quarterly results and unfavorable economic indicators emerging from China. Investors are eagerly focusing on the upcoming speech by Jerome Powell, Chairman of the Federal Reserve, in search of signals that could guide market trends. At 06:34, Dow Jones futures (DOWI:DJI)…
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
In the coming week, investors will be monitoring a spate of economic data, including the U.S. Exports, Imports, Trade Balance, Wholesale Inventories, Crude Oil Inventories, Initial Jobless Claims, and Michigan Consumer Sentiment (preliminary). In addition, several Fed officials will be making appearances this week, including Cook, Waller, Williams, Logan, and Jefferson. In other news, oil…
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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…
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Friday’s Wall Street Highlights: Apple, Bill Holdings, Paramount, Block, and more
U.S. index futures are falling this Friday, reacting to the latest quarterly reports from corporate giants, notably Apple (NASDAQ:AAPL). Concurrently, investors are digesting a slew of economic indicators from Europe, adding layers of complexity to the global financial landscape. This cautious anticipation comes ahead of the release of the much-awaited U.S. jobs report. As of…
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Wednesday’s Wall Street Highlights: ASML, Nvidia, United Airlines, Viking Therapeutics, P&G, and More
US index futures are declining this Wednesday in pre-market trading as investors await new quarterly financial reports and assess recent information on inflation in Europe and economic performance in China. Additionally, developments in the conflict between Israel and Hamas are under the market’s scrutiny. At 07:02, Dow Jones futures (DOWI:DJI) dropped by 93 points, or…
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Bank of America Reports Profit Surge Driven by Increased Interest Income and Unexpected Investment Banking Gains
Bank of America (NYSE:BAC) reported a third-quarter profit increase, benefitting from higher interest payments by customers, while its investment banking and trading divisions performed better than anticipated. The second-largest U.S. bank disclosed a net income of $7.27 billion, equivalent to 91 cents per share, for the three months ending on Sept. 30. This marked an…
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Tuesday’s Wall Street Highlights: Snap, Ericsson, NetScout Systems, Baidu, and more
US index futures are declining in Tuesday’s pre-market trading as investors monitor economic data, earnings reports from key companies, and follow developments in the conflict between Israel and Hamas. As of 07:00, Dow Jones futures (DOWI:DJI) dropped by 61 points, or 0.18%. The S&P 500 futures were down by 0.23% and the Nasdaq-100 futures fell…
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Crypto This Friday: THORSwap Resumes Operations, Paolo Ardoino Takes Over as Tether CEO, and More
Bitcoin remains stable at $26,800 awaiting SEC’s decision on ETF The price of Bitcoin (COIN:BTCUSD) continued to fluctuate around $26,800 pending a crucial decision from the U.S. Securities and Exchange Commission (SEC) regarding its refusal to allow a spot exchange-traded fund (ETF) of Bitcoin. The cryptocurrency market is closely watching the SEC’s decision, with analysts evaluating…