On Friday, CNBC’s Jim Cramer told investors to avoid Nasdaq Composite stocks and place their bets on names listed in the Dow Jones Industrial Average. “Even though tech started the new year well and it was crazy today, the rankings, as interpreted by Larry Williams, say be a little wary of the Nasdaq show horses … Read more
An American flag is seen outside the New York Stock Exchange (NYSE) in New York, January 26, 2023. andrew kelly | Reuters Here are the most important information investors need to start their trading day: 1. On a roll Stocks are heading for a winning week after Thursday’s strong session. The gross domestic product print … Read more
Intel said on April 5, 2022 that it had suspended all business operations in Russia. Pictures by Paco Freire/Sopa | Light flare | Getty Images Check out the companies making headlines before the bell: Intel — The chipmaker suffered a 9% loss in its shares early in the morning after its latest financial results missed … Read more
Adani shares plunge further for second straight day of losses Shares of Adani Group companies continued to post steep losses for a second consecutive trading session in India after short-selling firm Hindenburg announced its short position in the conglomerate companies earlier this week. Adani refuted the allegations in two separate statements, adding that the group … Read more
Adani Group Chairman and Founder Gautam Adani during the News18 Rising India Summit on February 25, 2019 in New Delhi, India. Since becoming a billionaire in 2008, Adani is now one of the richest people in the world, with a fortune of $113 billion, according to the Bloomberg Billionaires Index. Hindustan Times | Hindustan Times … Read more
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, January 26, 2023. andrew kelly | Reuters Stock futures fell Friday morning as investors anticipate earnings and economic reports expected later in the day. Futures contracts linked to the Dow Industrial Average fell 42 points, or 0.12%. S&P 500 … Read more
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, January 26, 2023. andrew kelly | Reuters Stock futures fell Friday morning as investors anticipate earnings and economic reports expected later in the day. Futures contracts linked to the Dow Industrial Average fell 42 points, or 0.12%. S&P 500 … Read more
Find out which companies are making headlines in the midday business. Seagate Technology – Shares of the data storage company jumped more than 10% a day after Seagate recorded beatings up and down for its fiscal second quarter. Seagate reported earnings of 16 cents per share on revenue of $1.89 billion. Analysts called for earnings … Read more
The Nasdaq Composite rose on Thursday as fourth-quarter gross domestic product beat expectations and investors analyzed the latest batch of corporate earnings. The tech-heavy index jumped 1.2%, while the Dow Jones Industrial Average traded 104 points, or 0.3%, higher. The S&P 500 rose 0.6%. GDP data released Thursday showed the economy grew at an annualized … Read more
A Southwest Airlines Co. Boeing 737 passenger plane pushes out of a gate at Midway International Airport (MDW) in Chicago, Illinois. Luke Sharett | Bloomberg | Getty Images Check out the companies making the biggest moves pre-market: South West – The airline tumbled 2.1% after reporting a $220 million fourth-quarter loss after the vacation slump … Read more
