The Nasdaq and S&P 500 ended higher on Thursday and touched roughly five-month highs as a more dovish-than-expected message from Federal Reserve Chair Jerome Powell boosted equities and Meta Platforms shares soared on rigorous cost controls.
Federal Reserve chair Jerome Powell addressed the world economy on Wednesday and announced that he and his committee decided to raise the federal funds rate 0.25% to 4.5-4.75%. This was as expected, but the most important bits came during the press conference.
Apple Inc on Thursday reported sales and profits that missed Wall Street expectations driven by weak iPhone sales after COVID lockdowns in China disrupted production of the company's biggest seller.
The NASDAQ 100 After Hours Indicator is down -223.51 to 12,579.63. The total After hours volume is currently 129,275,042 shares traded.The following are the most active stocks for the after hours session: Amazon.com, Inc. (AMZN) is -4.09 at $108.82, with 12,401,708 shares traded
The Nasdaq and S&P 500 ended higher on Thursday and touched roughly five-month highs as a more dovish-than-expected message from Federal Reserve Chair Jerome Powell boosted equities and Meta Platforms shares soared on rigorous cost controls.
Qualcomm Inc forecast second-quarter revenue and profit below Wall Street estimates on Thursday, as the company grapples with weak demand for smartphones and a supply glut.
The Nasdaq and S&P 500 ended higher on Thursday after touching roughly five-month intraday highs as a more dovish-than-expected message from Federal Reserve Chair Jerome Powell boosted equities and Meta Platforms shares soared on rigorous cost controls.
Federal Reserve chair Jerome Powell addressed the world economy on Wednesday and announced that he and his committee decided to raise the federal funds rate 0.25% to 4.5-4.75%. This was as expected, but the most important bits came during the press conference.
The Nasdaq and S&P 500 jumped and touched roughly five-month highs on Thursday as a more dovish-than-expected message from Federal Reserve Chair Jerome Powell boosted equities and Meta Platforms shares soared on rigorous cost controls.
The following companies are expected to report earnings after hours on 02/02/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Apple Inc. (AAPL)is reporting for the quarter ending December 31, 2022. The computer company's consensus earnings per shar
The Nasdaq rose to a near five-month intraday high as Meta Platforms surged on rigorous cost controls, while a dovish message from Federal Reserve Chair Jerome Powell boosted appetite for risky assets.
What happened
Shares of Cloudflare (NYSE: NET) were up by 16.3% as of 1:20 p.m. ET on Thursday following positive analyst comments from MoffettNathson regarding the company's exposure to opportunities in the rapid adoption of artificial intelligence.
This morning, we see really terrific numbers on Q4 Productivity — the key to a strong economy outside employment levels, etc. It’s a first read, so subject to revisions in the future, but for now we’ll take it: +3.0% is half a percentage point higher than expected, and mo
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares UltraPro QQQ, where 18,450,000 units were destroyed, or a 3.4% decrease week over week. Among the largest underlying components
The Nasdaq rose more than 2% on Thursday to hit a near five-month intra-day high as Meta Platforms surged on rigorous cost controls, while a dovish message from Federal Reserve Chair Jerome Powell boosted bets of a softer landing for the U.S. economy.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio MSCI Global Stock Market ETF (Symbol: SPGM) where we have detected an approximate $109.0 million dollar inflow -- that's a 19.8% incr
In early trading on Thursday, shares of Home Depot topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.9%. Year to date, Home Depot registers a 6.8% gain.
And the worst performing Dow component thus far on the day is Travelers Co
Thursday, February 2nd, 2023This morning, we see really terrific numbers on Q4 Productivity — the key to a strong economy outside employment levels, etc. It’s a first read, so subject to revisions in the future, but for now we’ll take it: +3.0% is half a percentage point
Nasdaq futures jumped on Thursday as Meta Platforms surged on rigorous cost controls, while a dovish message from Federal Reserve Chair Jerome Powell boosted bets of a softer landing for the U.S. economy.
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