Tag: NYSE:DASH
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Walgreens Slashes Annual Profit Forecast; MillerKnoll Nosedives 17% on Bleak 4Q Outlook, and Latest News
JPMorgan Chase (NYSE:JPM) – JPMorgan Chase is looking to expand its wealth management and attract more investors by introducing the Wealth Plan tool to its 54 million Chase retail clients. This tool has recently seen about 10 million active users. The bank has also named Rita Chan and Alan Ho as the new senior co-heads…
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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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Nike Workforce Reduction, The Trade Desk Soars 19% on $606 Million Revenue, and Latest News
Nike (NYSE:NKE) – Nike will cut over 1,600 jobs, about 2% of its workforce, to reduce costs after forecasting lower profits. Nike outlined a $2 billion cost-saving plan over the next three years, including measures such as supply optimization, supply chain improvement, and automation, with layoff costs estimated between $400 million and $450 million in…
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U.S. Futures Edge Higher Ahead of Key Economic Data Release, Oil Prices See Modest Declines
On Thursday morning, U.S. index futures indicate a modestly positive opening, in anticipation of the release of important economic indicators from the retail and industrial sectors. At 05:55 AM, the futures for the Dow Jones (DOWI:DJI) rose by 50 points, or 0.13%. The S&P 500 futures increased by 0.09%, and the Nasdaq-100 futures went up…
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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…
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Google $700M Antitrust Settlement, TSMC Chairman Retirement, Tesla Nevada Wage Hike, and More
U.S. index futures maintain stability in Tuesday’s pre-market, on a day with few scheduled economic events. As of 05:28 AM, the futures of the Dow Jones (DOWI:DJI) rose 17 points, or 0.05%. The futures of the S&P 500 rose 0.06% and the futures of the Nasdaq-100 rose 0.03%. The yield rate of 10-year Treasury bonds…
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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: 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…
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Friday’s Wall Street Highlights: Alibaba, Biogen, Uber, Meta, Amazon, Costco and more
US index futures are moving with no clear direction, with a bearish trend, due to anticipation around the June US jobs report, Payroll. Investors are waiting for the data to assess the performance of the job market and its possible influence on the economy. By 07:01 AM, Dow Jones Futures (DOWI:DJI) were down 3 points, or…
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Thursday’s Wall Street Highlights: Apple, BlackBerry, Joby Aviation, Virgin Galactic and More
US Index Futures rose on Thursday, with shares of microchip makers higher in premarket. Other markets operated without direction this morning, Asian stocks closed generally in the red and European stocks registered slight gains, driven by shares of the public utilities, technology and banking sectors. By 07:01 AM, Dow Jones (DOWI:DJI) futures are up 101 points, or…