Tesla Inc. shares are down 3.9% in Thursday morning trading after a Deutsche Bank analyst downgraded them to hold from buy, and they're on track to log their fifth session in a row of losses. That would make for Tesla's longest losing streak since the stock fell for six trading days in a row during
Earnings are in focus Tuesday afternoon, with companies like Amazon (AMZN), Advanced Micro Devices (AMD), Starbucks (SBUX), and Pinterest (PINS) all set to report their quarterly results. It comes as the Federal Reserve meets for the first day of their two-day meeting. Investors will find out the latest decision on interest rates tomorrow at 2 p.m. ET. Trending tickers on Yahoo Finance include PayPal (PYPL), Eli Lilly (LLY), and MicroStrategy (MSTR). Top guests today include: 3:25 p.m. ET -...
Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the “Magnificent Seven.” Japan's benchmark Nikkei 225 slid 2.1% to 37,670.50. South Korea's Kospi dropped 1.4% to 2,637.18. Hong Kong's Hang Seng gained nearly 0.1% to 17,215.51, while
Good morning and welcome back, it’s Ainsley here with all the news you need to start the working week.Today’s must-reads:• Global economic growth forecasts in focus• CPI data projected to show inflation slowing• US House approves aid for Ukraine, Israel, Taiwan
It's an earnings blitz on Wall Street today. This morning, McDonald's (MCD), Coca-Cola (KO), and PayPal (PYPL) were among several top names reporting. McDonald's earnings and same-store sales growth both missed expectations. Coke earnings and revenue beat the Street. This afternoon, we will hear from several top tech names, including Amazon (AMZN) and Advanced Micro Devices (AMD), as well as the likes of Starbucks (SBUX) and Pinterest (PINS). Yahoo Finance trending tickers include Tesla (TSLA),...
Inflation rose by 3.5 per cent in year to March - up from 3.4 per cent in February. Petrol prices surged by 8.1 per cent over the year as Israel fights hostile attacks. Westpac bank now expecting Reserve Bank to delay interest rates cuts in 2024. READ MORE:
Come for the comments about AI. Stay for the earnings call. That will most likely be the pattern of big tech earnings over the next two weeks as companies prioritize technology over financial reporting. It was the case when Meta reported Wednesday (April 24). And it was the case for Alphabet when it reported its […]
An already-fraught economic backdrop for the Albanese government’s third federal budget has been complicated by hotter-than-expected inflation data. Consumers were slugged with price hikes for hard-to-avoid expenses such as rents, education fees, insurance and medical bills in the first three months of the year, latest data from the Australian Bureau of Statistics shows. On a […]
Asian markets mostly rose Tuesday, with hopes for earnings this week from tech titans helping to offset worries about the Federal Reserve's interest rate plans ahead of the release of key US growth and inflation data.The apparent easing of Iran-Israel tensions after the rivals launched missile attacks against each other continued to weigh on oil prices, while the yen inched slightly higher as Japan again warned authorities had the room to intervene to support the currency.Investors are a little...
Sam Jones founded Gener8 to help users track, control and monetise their online data. Six years later, he tells Ambition A.M. how he did it.
What to watch for in Q1 reports from Nvidia, Microsoft, Amazon, Broadcom,
Amazon is scheduled to post quarterly earnings after the bell on Tuesday,