Tag: NYSE:CVNA
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Nike Cuts Jobs at Converse, Ilya Sutskever Departs from OpenAI, WBD Increases Buyback Offer, and More News
Nike (NYSE:NKE) – Converse, a Nike subsidiary, will cut jobs as part of its ongoing $2 billion cost reduction plan. Nike, affected by cautious consumer spending, will reduce product supply and management layers, along with facing job cuts in its operations. OpenAI – Ilya Sutskever, co-founder and chief scientist of OpenAI, is leaving the company…
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Carvana Rockets, Qualcomm Likely To Be Strong; DoorDash and Etsy Under Pressure
Shares of Carvana (NYSE:CVNA) are skyrocketing in pre-market trading after the used car retailer reported record first quarter net income on better than expected revenues. Chipmaker Qualcomm (NASDAQ:QCOM) is also likely to see initial strength after reporting fiscal second quarter earnings that exceeded estimates and providing upbeat revenue guidance. Meanwhile, shares of DoorDash (NASDAQ:DASH) may…
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Goldman Sachs Reconsiders Fed Cuts, LUNR Surges Over 40% in Pre-Market, and More
Intuitive Machines (NASDAQ:LUNR) – Intuitive Machines made history on Thursday when its Odysseus spacecraft became the first commercial probe to successfully land on the moon. The mission, carrying NASA instruments, landed at the lunar south pole, marking a significant milestone in commercial space exploration and collaboration with the US space agency. Shares are up 47.58%…
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U.S. Futures Surge on Nvidia’s Stellar Performance, Global Markets Respond Positively
On Thursday, U.S. futures were on the rise, driven by significant gains from Nvidia (NASDAQ:NVDA) after market close, following the semiconductor giant’s announcement of surprisingly positive results and encouraging forecasts. At 05:08 AM, Dow Jones futures (DOWI:DJI) were up 73 points, or 0.19%. S&P 500 futures rose 1.14%, and Nasdaq-100 futures were up 2.01%. The…
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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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Friday’s Wall Street Highlights: Ford Motor, Arm, Salesforce, Adobe, Visa, MGM and more
US index futures are mixed in Friday’s pre-market trading, a day after the interest rate hike in Europe and following oil hitting a 10-month high, surpassing the $94 mark, along with improved data from China indicating recent stimulus measures have taken effect. Investors are also monitoring a workers’ union strike at 3 automakers and Arm…
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Thursday’s Wall Street Highlights: Capri Holdings, Disney, Sonos, Applovin, Plug Power, and more
US index futures rose in premarket Thursday, a day highly anticipated by global investors due to the release of US inflation data. By 6:43 AM, Dow Jones futures (DOWI:DJI) were up 164 points, or 0.47%. S&P 500 futures were up 0.49% and Nasdaq-100 futures were up 0.58%. The yield on the 10-year Treasury bill was at 4.005%.…
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Friday’s Wall Street Highlights: PPG Industries, Intuitive Surgical, CSX, American Express, and more
US Index Futures rose in premarket trading on Friday as traders eyed recent corporate earnings results and the Dow Jones on course to extend its bullish streak for a 10th straight session. By 6:55 AM, Dow Jones (DOWI:DJI) futures were up 38 points, or 0.11%. S&P 500 futures were up 0.26%, while Nasdaq-100 futures were up 0.49%. The…
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Thursday’s Wall Street Highlights: Tesla, Apple, TSMC, Netflix, Pfizer, J&J, and more
US Index Futures operate without a defined direction, as investors digest mixed earnings from last night and await more numbers. By 07:01 AM, Dow Jones futures (DOWI:DJI) were up 41 points, or 0.12%. S&P 500 futures were down -0.11%, while Nasdaq-100 futures were down -0.65%. The 10-year Treasury yield is at 3.789%. In Europe, the producer price…
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Wednesday’s Wall Street Highlights: ASML, Carvana, Microsoft, Meta Platforms and More
US Index Futures rose slightly premarket on Wednesday on anticipation of corporate earnings, a day after the Dow Jones hit its longest streak of gains since 2021. By 6:52 AM, Dow Jones (DOWI:DJI) futures were up 38 points, or 0.11%. S&P 500 futures were up 0.03%, while Nasdaq-100 futures were up 0.12%. The 10-year Treasury yield is at…