Tag: NYSE:EL
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Tesla Exits Market Top 10, Victoria’s Secret Stock Tumbles 30% on Weak Forecast
Tesla (NASDAQ:TSLA) – Tesla exited the top 10 largest US companies by market cap for the first time in 13 months, surpassed by Visa (NYSE:V). The stock drop reflected concerns about margins and demand. Elsewhere, Tesla announced its departure from Australia’s main automotive lobby, accusing it of misleading consumers about fuel efficiency standards. The company…
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Boeing Faces Strike Threat, Palantir Up 18% After Recording its First Profitable Year, and More
Boeing (NYSE:BA) – The FAA announced that 94% of Boeing 737 MAX 9 planes have returned to service after a suspension caused by an air emergency. The inspections included a detailed review, and investigations are ongoing. The FAA is reassessing its oversight of Boeing, considering possible changes in inspection approaches and relations with the manufacturer.…
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US Index Futures Down, Oil Prices Slide – Market Responds to Powell’s Remarks Ahead of Opening Bell
U.S. index futures are down in Monday’s pre-market, reflecting the impact of Jerome Powell’s statements in a CBS interview on Sunday. The Fed chairman tempered expectations for immediate interest rate cuts, signaling a more cautious approach. This scenario precedes a week full of corporate earnings releases and comes in a context of geopolitical tensions in…
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Keep An Eye Out: Pre-Market Movers And Recommendations
Don’t Trade Without Seeing The Orderbook ANALYST RECOMMENDATIONS: Alnylam Pharmaceuticals (NASDAQ:ALNY): Bernstein maintains its outperform recommendation and reduces the target price from $237 to $218. Aon (NYSE:AON): Evercore ISI maintains its in-line recommendation with a price target raised from $322 to $323. Chubb (NYSE:CB): Evercore ISI maintains its outperform rating and raises the target price from $239…
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Wednesday’s Wall Street Highlights: Ambarella, Alphabet, Toyota, HP Inc, Vinfast, and more
US index futures are down in the premarket on Wednesday, in a day full of economic indicators, when some data may give signals about the Federal Reserve’s monetary policy. By 6:51 AM, Dow Jones (DOWI:DJI) futures were up 15 points, or 0.04%. S&P 500 futures were down 0.07% and Nasdaq-100 futures were down 0.16%. The 10-year Treasury yield…
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Monday’s Wall Street Highlights: Meta, Palo Alto Networks, Jet.AI, Napco Security Technologies, and more
US index futures are up in Monday’s pre-market, staging a recovery and digesting data from Europe and China, following a week in which U.S. interest rate concerns left investors apprehensive and fueled a global risk-averse sentiment. By 6:48 AM, Dow Jones (DOWI:DJI) futures were up 105 points, or 0.30%. S&P 500 futures were up 0.43% and Nasdaq-100…
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Friday’s Wall Street Highlights: Applied Materials, Farfetch, Bloomin’ Brands, and More
US Index Futures are lower in premarket trading on Friday, weighed down by economic uncertainty, particularly in China, after major developer Evergrande filed for creditor protection in the U.S. By 6:45, Dow Jones futures (DOWI:DJI) were down 53 points, or 0.15%. S&P 500 futures were down 0.23% and Nasdaq-100 futures were down 0.43%. The 10-year Treasury yield…
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3 Issues To Watch For This Week: Fed, Economic Data, Earnings
Investors this week will look to the US Federal Reserve’s (Fed) minutes from last month’s meeting, due to be released on the 16th, for clues about the future outlook for US interest rates. And retail sales data and earnings of major retailers will help spot consumer spending trends in the US, while China’s industrial production…
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Monday’s Wall Street Highlights: Berkshire Hathaway, Estée Lauder, AMC, PacWest and more
US index futures operate slightly upwards and without a firm trend, showing difficulty in extending Friday’s gains, given the caution with the situation of the banking system and the effect of monetary tightening on economic growth. By 8:09 AM, futures linked to the Dow Jones Industrial Average were up 103 points, or 0.31%. S&P 500 futures were up…