Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Tesla’s vice president of investor relations announced he would leave after seven years.
With the stock market rally at its most fragile stage in months, big tech earnings, a reading on economic growth and a fresh inflation print are set to greet investors in the week ahead.
Investing.com-- US stock index futures edged higher Monday, recovering
Shares of General Motors increased by nearly 5% Tuesday morning following the announcement of better-than-expected first-quarter earnings. The automotive company also raised its full-year predictions and reported a reduction in the cost of batteries for its electric vehicles. The company announced that its earnings per share for the first quarter increased by 18.5% to $2.62, while its revenue grew nearly 8% to $43.01 billion. Analysts had predicted earnings of $2.13 per share with sales...
AVERAGE HIGH FOR APRIL 25th: 63° AVERAGE LOW FOR APRIL 25th: 37° THURSDAY'S SUNRISE: 6:11 AM THURSDAY’S SUNSET: 8:01 PM Elmira, N.Y. (WETM) - Clear conditions will stay with us into the end of the work week. After that, showers will return for the weekend and into the new work week. More details below: TONIGHT: Clear and calm conditions []
The company reported fiscal-third quarter net income of $21.9 billion, or $2.94 a share, up from $18.3 billion, or $2.45 a share, in the year-earlier quarter. Analysts were modeling $2.82 a share. Revenue rose to $61.9 billion from $52.9 billion and ahead of the FactSet consensus, which was for $60
Earnings are arguably the most important single number on a company's
US Domestic Bank Deposits Drop For Second Straight Week On the heels of a major deposit outflow the week before, and a huge (record) money-market fund outflow last week, all eyes are back on the banks again on Friday evening to see if this 'flight' continues as Tax-Day drags cash away from its comfy-5%-earnings-spots. On a seasonally-adjusted basis, total US bank deposits declined for the second straight week (though only $2.4BN) after reaching back to pre-SVB levels Source:...
Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the U.S. stock rally, which has flagged as expectations for interest cuts fade. Tesla, Meta Platforms, Alphabet and Microsoft - all set to report next week - are part of the group of companies that had been dubbed the Magnificent Seven as they led the S&P 500 to a 24% gain last year. The companies are seen as important bellwethers due to dominant positions atop their...
Facebook parent Meta Platforms reported first-quarter earnings after Wednesday's closing bell. MarketWatch broke down the results live.
Equities rallied on easing geopolitical tensions, upcoming quarterly results.