Latest News: Markets - Donnecommebernard

AMZN, AAPL, INTC and more

October 31, 2024 | angela | Leave a Comment

Check out the companies making headlines in extended trading. Amazon – The e-commerce giant rose 4.7% after beating earnings expectations in both divisions in the third quarter. Amazon reported earnings per share of $1.43 on revenue of $158.88 billion, while analysts surveyed by LSEG expected $1.14 billion and $157.2 billion, respectively. The company said both […]

The meta drop gives a false picture of returns. We are increasing our price target

October 31, 2024 | angela | Leave a Comment

Don't let the after-hours market action fool you, Meta Platforms delivered a really strong third quarter and a current quarter revenue report that was above expectations. Revenue rose nearly 19% year-on-year to $40.59 billion in the three months ended Sept. 30, beating expectations of $40.29 billion, according to analyst estimates compiled by LSEG. Third-quarter earnings […]

Stock market today: live updates

October 31, 2024 | angela | Leave a Comment

Traders react after the closing bell on the floor of the New York Stock Exchange on March 20, 2024. Brendan Mcdermid | Reuters Stocks fell on Thursday as Wall Street digested discouraging quarterly reports from megacap technology companies and awaited further results. The S&P 500 fell 1.1%, while the Nasdaq Composite lost 1.7%. Both indexes […]

The decline in AMD's post-earnings numbers presents a buying opportunity. Here's why

October 30, 2024 | angela | Leave a Comment

Advanced Micro Devices reported solid third-quarter results on Tuesday, thanks to strong sales in the data center and PC markets. However, shares fell more than 7% in extended trading as investors sought faster growth in the AI chip business. We think long-term here. LSEG said revenue rose 18% year-on-year to $6.82 billion in the three […]

Super Micro auditor resigns after raising concerns months ago

October 30, 2024 | angela | Leave a Comment

Sopa pictures | Light rocket | Getty Images Great microphones Shares plunged as much as 35% on Wednesday morning after the company announced that its auditor had resigned following months of disagreements with the company over governance and board independence. Ernst & Young said in its resignation letter that it was “unwilling to be associated […]

Stock market today: live updates

October 29, 2024 | angela | Leave a Comment

Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images The S&P 500 was flat on Tuesday as investors prepared for key corporate earnings releases, including reports from big-name technology companies. The broad market index hovered just above the flatline during […]

Bitcoin briefly exceeds $70,000 for the first time since June

October 29, 2024 | angela | Leave a Comment

Bitcoin briefly exceeds ,000 for the first time since June

Omer Taha Cetin | Anadolu | Getty Images Bitcoin briefly climbed above $70,000 as investors prepared for MicroStrategy's earnings and counted down the days to the US presidential election. According to Coin Metrics, Bitcoin price was last up around 3% to $69,925.00. Around 6:00 p.m. Eastern Time on Monday, the price reached $70,207.02 and has […]

Trump Media Soars After Madison Square Garden Rally

October 28, 2024 | angela | Leave a Comment

Republican presidential candidate and former President Donald Trump holds a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024. The Washington Post | The Washington Post | Getty Images Shares of Donald Trump's social media company rose as much as 20% Monday morning following the Republican presidential candidate's campaign rally […]

Stock market today: live updates

October 24, 2024 | angela | Leave a Comment

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, USA, October 23, 2024. Brendan McDermid | Reuters The S&P 500 rose on Thursday as the benchmark rebounded after three consecutive losing sessions. Strong returns Tesla and others led the gains. The broad market index rose 0.2%, and the […]

Stock market today: live updates

October 21, 2024 | angela | Leave a Comment

Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images U.S. stocks fell on Monday after a strong week for major averages as investors awaited the release of key corporate earnings reports. The S&P 500 slipped 0.4%, while the Dow Jones […]