INDEXES On the charts, the major equity indexes closed mixed yesterday with generally negative internals as all closed at or near their lows of the day. The SPX, DJI, COMPQX, NDX, and DJT closed higher as the rest declined. Of note, all closed near their intraday lows with generally negative internals. While the SPX, DJI […] More
Reports Q4 2021 results on Thursday, Oct. 28, after the market close Revenue Expectation: $84.85 billion EPS Expectation: $1.23 When Apple (NASDAQ:AAPL) reports its latest quarterly earnings tomorrow, the biggest investor concern the iPhone-maker needs to address is its ability to save the crucial holiday season from disruptions caused by the current global supply-chain crunch. […] More
Facebook (NASDAQ:FB) stock rose 1.2% after the social media giant announced better than expected third-quarter earnings, even after its revenue growth slowed to 35% on the year, from over 50% in the first half. The company also announced a $50 billion increase to its stock buyback program. Uber (NYSE:UBER) stock rose 0.5% after the ride-hailing […] More
General Market Facebook earnings Facebook Inc (NASDAQ:FB) will report its third-quarter numbers after the closing bell Monday. The social media giant is seen reporting a revenue of $29.58 billion and profit per share of $3.19, according to analysts tracked by Investing.com. Google earnings Google-parent Alphabet (NASDAQ:GOOGL) Inc Class C (NASDAQ:GOOG)’s third-quarter revenue is seen at […] More
By 9:45 AM ET (1345 GMT), the Dow Jones Industrial Average was down 37 points, or 0.1%, at 35,640 points. The S&P 500 was also down 0.1% and the Nasdaq Composite was flat. Facebook (NASDAQ:FB) will be the first of the megacaps to report, having lost its $1 trillion moniker in recent weeks under a […] More
Market analysis The S&P 500 closed down 0.1% at 4,544.98 just shy of its closing record of 4,549.78, the Dow Jones Industrial Average added 0.2%, or 74 points, the Nasdaq Composite slipped 0.82%. Apple (NASDAQ:AAPL) announced earlier this year that, as part of the iOS 14 update, it will give users the option to block […] More
By 9:40 AM ET (1340 GMT), the S&P 500 was up 4 points, or 0.1%, at 4,554 points, while the Dow Jones Industrial Average was up 118 points, or 0.3%. By contrast, the NASDAQ Composite was down 0.2%, as poor results from Intel (NASDAQ:INTC) and Snap (NYSE:SNAP) weighed on a technology sector whose valuation doesn’t […] More
Market close Amazon.com (NASDAQ:AMZN), Facebook (NASDAQ:FB), and Microsoft (NASDAQ:MSFT) closed higher, while Apple (NASDAQ:AAPL) and Alphabet (NASDAQ:GOOGL) were flat. IBM (NYSE:IBM), however, slumped nearly 9% after third-quarter revenue fell short of expectations amid a weakness in its legacy technology services business. Energy stocks threatened to spoil the record-setting day on Wall Street, falling about 2% […] More
Today we are highlighting three exchange-traded funds (ETFs) that may appeal to readers seeking passive-income stocks and funds for long-term portfolios. 1. Invesco High Yield Equity Dividend Achievers ETF Current Price: $20.51 52-Week Range: $14.35 – $21.85 Dividend Yield: 3.85% Expense Ratio: 0.53% per year The Invesco High Yield Equity Dividend Achievers™ ETF (NASDAQ:PEY) currently […] More
Market close By 2:49PM ET, the Dow Jones Industrial Average rose 148.19 points, or 0.42%, to 35,605.5, the S&P 500 gained 15.13 points, or 0.33%, to 4,534.76 and the Nasdaq Composite dropped 13.52 points, or 0.09%, to 15,115.57. Eight of the eleven major S&P 500 sector indexes were trading higher, led by healthcare stocks,up 1.6%, […] More
Earnings on Netflix, Tesla, Facebook & IBM Netflix (NASDAQ:NFLX) earnings disappoint as Squid Game fails to translate immediately into a revenue bump. Tesla (NASDAQ:TSLA) and IBM (NYSE:IBM) report after the bell, while NextEra Energy (NYSE:NEE), and Verizon (NYSE:VZ) head a full early slate of earnings. Netflix stock traded down in Wednesday’s premarket after becoming the […] More
General Market Stock indexes around the world jumped on Tuesday as U.S. technology shares extended recent gains and earnings reports were upbeat, while the 10-year U.S. Treasury yield rose to its highest in more than four months. The U.S. dollar was lower on the day as other currencies, including sterling, were supported by investor expectations […] More