Tag: NYSE:NOK
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iPhone Sales Skyrocket in China, Nvidia Surges in Pre-Market Following xAI Fundraising, and More News
Apple (NASDAQ:AAPL) – In April, Apple’s iPhone sales in China surged by 52% compared to the previous year, recovering from a challenging start to the year. This increase comes despite strong competition from local manufacturers like Huawei. Overall smartphone sales in the country also grew, totaling 22.7 million units. At the upcoming developer conference, Apple…
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U.S. Futures Rebound Amid Global Market Fluctuations, Oil Prices Decline
U.S. index futures are rising in pre-market trading on Thursday, following four consecutive days of losses for the S&P 500 and Nasdaq. As of 6:27 AM, Dow Jones Industrial Average futures (DOWI:DJI) were up 68 points, or 0.18%. S&P 500 futures advanced 0.20%, and Nasdaq-100 futures gained 0.25%. The yield on 10-year Treasury notes was…
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TSMC Revenue Rises 13% in Q1, Alcoa Exceeds EBITDA Expectations Despite Loss, and More Earnings News
Taiwan Semiconductor Manufacturing Company (NYSE:TSM) – TSMC recorded a 9% higher net profit in the first quarter, reaching $6.98 billion, surpassing market expectations. Benefiting from the growing demand for semiconductors for artificial intelligence, the company had a revenue of $18.87 billion, an increase of 13% compared to the previous year. Shares are down -2.11% in…
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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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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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Wall Street Highlights: Nokia’s Margins Surprise, FAA Halts Boeing Production Expansion, and More
In the pre-market on Thursday, U.S. index futures are showing positive performance, with investors keeping an eye on the fourth-quarter GDP. At 05:45 AM, Dow Jones futures (DOWI:DJI) rose by 102 points, or 0.27%. S&P 500 futures increased by 0.07%, and Nasdaq-100 futures remained stable. The yield on 10-year Treasury bonds stood at 4.157%. In…
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Wall Street Highlights: eBay Slashes 9% of Workforce, SAP to Reduce 8,000 Positions, and More
In the pre-market on Wednesday, U.S. index futures are showing positive performance, boosted by favorable results presented by Netflix (NASDAQ:NFLX). This optimism also anticipates the financial announcements expected from IBM (NYSE:IBM) and Tesla (NASDAQ:TSLA). At 05:38 AM, the futures of the Dow Jones (DOWI:DJI) rose 49 points, or 0.13%. S&P 500 futures rose 0.41% and…
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Wall Street Highlights: Google Rejects Union Negotiations, Exxon Mobil Announces $2.5 Billion Accounting Write-Down in California
U.S. index futures are registering a decline in pre-market trading this Friday, anticipating a crucial report on the job market as Wall Street seeks to overcome a lukewarm start to January. The three major indices are set to end nine consecutive weeks of gains, with the Nasdaq facing the biggest weekly drop, down 3.3%. At…
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Cal-Maine Avian Flu Outbreak Impact, Amgen Hikes Dividend For Twelfth Year, and Latest Updates
In the pre-market on Wednesday, U.S. index futures showed a slight increase, with investors awaiting the latest monetary policy decision from the Federal Reserve. At 05:30 AM, the Dow Jones (DOWI:DJI) futures rose 42 points, or 0.11%. S&P 500 futures rose 0.11% and Nasdaq-100 futures rose 0.14%. The 10-year Treasury yield was at 4.191%. In…
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Hasbro Job Cuts, Oracle’s Stock Decline, Google’s Epic Antitrust Loss, and More
U.S. index futures were slightly up in pre-market trading this Tuesday, focusing on consumer inflation and the Federal Reserve meeting. Expectations for rate cuts by the Fed next year have decreased, with the markets foreseeing a 45% chance of a cut in March, down from 57% the previous week, according to the CME FedWatch tool.…