Tag: NYSE:KO
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Futures Pointing To Roughly Flat Open On Wall Street
The major U.S. index futures are currently pointing to roughly flat open on Tuesday, with stocks likely to show a lack of direction after ending yesterday’s lackluster session modestly higher. Traders may remain reluctant to make significant moves ahead of the Federal Reserve’s monetary policy announcement on Wednesday. The Fed is widely expected to leave…
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U.S. Index Futures Point to Mild Decline Ahead of Key Earnings and Fed Rate Decision
U.S. index futures indicate a slightly lower opening for Tuesday’s trading as Wall Street positions itself for a series of significant earnings releases from large-cap companies. This movement comes in a crucial week marked by the Federal Reserve’s deliberations on interest rates, an event closely watched by investors. As of 7:06 AM, the Dow Jones…
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Alphabet CEO’s Billion-Dollar Wealth, Microsoft’s $1.7B Indonesia Investment, and More News
Alphabet (NASDAQ:GOOGL) – Alphabet CEO Sundar Pichai has reached a fortune of ten digits, a result of the remarkable growth of Google’s stock since he took the helm in 2015. He has led the company through a period of expansion and innovation, boosting the stock value and company profits. His journey, from a humble childhood…
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HSBC’s High Profit & CEO Resignation, Santander’s 11% Profit Surge, and More in Earnings
HSBC (NYSE:HSBC) – Shares of HSBC advanced 3.7% in pre-market trading after revealing its first quarter results. With revenue of $20.8 billion, a 3% increase from the previous year, the bank reported a pre-tax profit of $12.65 billion, while net profit reached $10.84 billion. Basic earnings per share were $0.54. CEO Noel Quinn plans to…
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Coca-Cola and Microsoft Sign Billion-Dollar Agreement, Apple Event Set for May 7, and More News
Coca-Cola (NYSE:KO) – Coca-Cola has signed a new five-year contract, worth US$1.1 billion, with Microsoft (NASDAQ:MSFT), utilizing its cloud computing and artificial intelligence services, including Azure OpenAI. The agreement aims to enhance Coca-Cola’s productivity with tools like Microsoft’s Copilot. Apple (NASDAQ:AAPL) – Apple announced an event on May 7, with no details revealed, but rumors…
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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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Wednesday’s Wall Street Highlights: Qualcomm, Alphabet, Microsoft, GM, SunPower, and More
US index futures are mixed in Wednesday’s pre-market, influenced by the quarterly results of Microsoft and Alphabet, which set the stage for other major technology companies yet to report their results this week. At 06:51 AM, Dow Jones futures (DOWI:DJI) rose by 39 points, or 0.12%. S&P 500 futures fell by 0.35%, and Nasdaq-100 futures…
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Tuesday’s Wall Street Highlights: Coinbase, Intel, Redfin, Barclays, General Dynamics, GE, and more
US index futures are rising in pre-market trading this Tuesday, reflecting the relief in US interest rates that occurred yesterday, as well as economic activity data in the Eurozone and Japan. Investors are eager for information on corporate results and developments in the Israel-Hamas conflict. At 06:56 AM, Dow Jones futures (DOWI: DJI) rose by…
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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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PepsiCo Boosts Profit Outlook Again as Price Increases Fail to Impact Demand
PepsiCo Inc (NASDAQ:PEP) raised its annual profit forecast for the third time this year on Tuesday, relying on the numerous price hikes it implemented across its major markets and the resilient demand for its snacks and beverages. Shares of the company, which owns brands like Mirinda and Gatorade, climbed more than 2% in premarket trading…