Tag: NYSE:FRC
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Friday’s Wall Street Highlights: SoftBank, Boeing, Broadcom, MongoDB, Meta Platforms and more
US Index Futures rose in premarket trading on Friday after the US Senate passed a bill raising the debt ceiling, eliminating the risk of a debt default. The market is now shifting its focus to the Payroll report, which is important for calibrating expectations about the trajectory of US interest rates. By 6:55 AM, Dow Jones…
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Friday’s Wall Street Highlights: JPMorgan, Tesla, PDS Biotechnology, Costco and more
US Index Futures rose on the possibility of the US government reaching a deal to resolve the US debt ceiling problem prevailing in markets on Friday morning. Investors also await the release of the inflation indicator monitored by the Federal Reserve, after mixed signals from US central bank officials regarding the direction of interest rates. By…
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Thursday’s Wall Street Highlights: Nvidia, Best Buy, Palantir, Snowflake and more
US Index Futures are upbeat for a possible solution to the U.S. debt ceiling impasse, with S&P 500 futures posting a one-week high and technology stocks soaring after chipmaker Nvidia Inc. issued a bright revenue forecast. Dow Jones Industrial Average futures fell after Fitch Ratings placed top-rated US bonds on negative watch due to stalled talks…
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Wall Street Highlights for Wednesday: Target, Tesla, Western Alliance, AT&T and more
US Index Futures operated in positive territory on Wednesday, with investors awaiting news on talks between congressmen and President Joe Biden over the US debt ceiling, while awaiting data on housing and building permits. American markets are still echoing the surge in Western Alliance shares in the after hour, after the bank recorded growth in deposits,…
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Friday’s Wall Street Highlights: Exxon Mobil, Amazon, Intel, and PCE
US stock futures fell on Friday as investors reacted to the latest quarterly results, lingering inflationary pressures, and Treasury bonds advanced. Amazon’s earnings beat estimates but put the brakes on tech optimism after investors were rattled by talk of slowing cloud growth. Pinterest issued a weak outlook for the current quarter, and Snap Inc missed Q1…
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Wall Street Highlights for Thursday: Meta Platforms, Amazon, Disney, Eli Lilly and more
Main subjects of the day US stock futures rose on Thursday, reacting to strong results from Meta Platforms. By 8:44 AM, Dow Jones futures were up 142 points, or 0.42%. S&P 500 and Nasdaq-100 futures advanced 0.45% and 0.84%, respectively. Risky assets fell again on Wednesday. What moved the markets the most yesterday was the news that the…
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Wednesday’s Wall Street Highlights: Microsoft, Activision Blizzard, Chipotle, Coinbase and more
Main subjects of the day US stock futures rose on Wednesday morning as Big Tech earnings began to roll in, starting with earnings from Alphabet and Microsoft. By 8:09 AM, Dow Jones futures were up 0.10%, while S&P 500 futures were up 0.09% and Nasdaq 100 futures gained 0.76%. In regular Tuesday trading, major indexes tumbled as First Republic…
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Tuesday’s Wall Street Highlights: First Republic, UPS, McDonald’s, GM and more
Main subjects of the day US stock futures fell on Tuesday as traders await the week’s earnings from major tech companies as well as new economic data, and watch for bad news from regional banks. By 8:20 AM, Dow Jones futures (DOWI:DJI) were down 68 points, or 0.20%. S&P 500 futures (SPI:SP500) and Nasdaq-100 futures (NASDAQI:COMP) were down 0.37% and 0.33%,…
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First Republic Stock Plunges As Deposits Plummet In Q1
Shares fell 20% in after-hours trading after First Republic Bank said Monday that deposits plunged more than $100 billion in the first quarter and it was exploring options such as restructuring its balance sheet. This sharp drop in deposits overshadowed the beleaguered bank’s better-than-expected quarterly earnings. First Republic managed to weather the crisis by injecting…
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S&P 500 Earnings to Decline, Tesla to Build Shanghai Factory, Speculators Bet Against Treasuries
Markets React to Jobs Data Asian stocks gave up gains, and US equity futures fell in light trading as investors evaluated the Federal Reserve’s policy following Friday’s US jobs data. US stock contracts declined, and Treasury yields dropped across the curve in Asia after jumping Friday. The US monthly payrolls data boosted bets on a…