Market Analysis
Boeing CEO Vows to “Fix What Isn’t Working,” Will Step Down from Role by Year End
"The eyes of the world are on us," Boeing CEO Dave Calhoun said when he announced his departure plans.
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Market Analysis
GameStop Stock Gains Ahead of Landmark Q4 Earnings Release
GameStop is set to release its highly anticipated fourth-quarter earnings report on March 26, 2023.
Market Analysis
Stocks in Focus: Lululemon, Nike, and Tesla Slump Amid Headwinds
Lululemon (LULU), Nike (NKE), and Tesla (TSLA) stocks opened lower due to slowing US store traffic, earnings announcements, and reduced China production, respectively.
Market Analysis
Google and Apple Surge on AI News; Nvidia Eyes Growth with New Chip Unveilings
Google and Apple stocks rise on a potential AI deal, while Nvidia gains ahead of anticipated chip reveals at its developer conference.
Market Analysis
Despite Higher than Expected CPI, Traders Anticipate June Rate Cut
Despite higher-than-expected inflation in February, traders remain confident that the Federal Reserve will cut interest rates in June.
Market Analysis
The Best Opportunities for 2024 Likely in Stocks Outside the Mag 7
J.P. Morgan asset management sees AI hype cooling in '24, urges caution on tech giants, says better opportunities in the other 493 SPX stocks.
Market Analysis
Apple Stock Continues Slide After China Data Shows Sales Declining
Apple saw a significant 24% drop in iPhone sales in China in the first six weeks of 2024.
Market Analysis
Apple Hit with $2 Billion Fine, Shares Tumble in Market Response
The EU has slapped Apple with a €1.8 billion fine for stifling competition in music streaming.
Market Analysis
Active Stocks Today: DELL, SOUN, and NYCB
Dell's shares jumped 24% on AI server demand, SoundHound's fell 23% missing earnings, and NY Community Bancorp's dropped 21% after a CEO change and financial issues.
Earnings
Duolingo’s Shares (DUOL) Surge After Firm Beats Q4 Expectations, Forecasts Strong Growth
Duolingo's Q4 2023 financial results notably exceeded market expectations, with a notable over 20% surge in pre-market trading shares
Market Analysis
JPMorgan Analysts Upbeat: S&P 500 Target Raised to 5,200 for 2024
JPM analysts have boosted its target for the S&P 500 index from 4,700 to 5,200, reflecting increasing economic optimism.
Market Analysis
Snap’s Stock Tumbles as Growth Slows and Revenue Misses Expectations
Snap Inc. faced a significant setback as its stock price dropped 30.13% following a quarterly revenue report that revealed a slowdown in user growth to 10%.
Market Analysis
Premarket: Roblox Soars After Earnings, NYCB Downgrade and Bounce Back
Gaming powerhouse Roblox soared on blowout earnings while embattled bank NYCB seesawed following a credit downgrade.