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.
Apple Inc (NASDAQ: AAPL) is set to report earnings for the first quarter of the fiscal year 2023 after this evening’s closing bell. As one of the world's largest and most influential tech companies, Apple's earnings report is always highly anticipated by investors and industry e
Higher stock markets showed the bulls were still in charge on Thursday as the Bank of England followed the U.S. Federal Reserve in hiking interest rates, with the European Central Bank expected to do the same shortly.
Meta Platforms Inc shares rose nearly 20% in premarket trade after the Facebook owner floored Wall Street by slashing its spending forecast and boosting its stock buyback plan by $40 billion.
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Shares of Meta Platforms Inc soared nearly 20% in premarket trading on Thursday as the Facebook parent wooed investors with plans to rein on costs and a new $40 billion share buyback.
Nasdaq futures jumped on Thursday as Meta Platforms surged after announcing rigorous cost controls, while a dovish message from Federal Reserve Chair Jerome Powell boosted bets of a softer landing for the U.S. economy.
The bulls were in charge ahead of the European Central Bank and Bank of England's first meetings of the year on Thursday, after the U.S. Federal Reserve bolstered the view that the surge in global interest rates was close to an end.
TikTok, owned by China's ByteDance, should be removed from app stores run by Apple Inc and Alphabet's Google because the short video social media app poses a risk to national security, Senator Michael Bennet, a Democrat on the intelligence committee, said in a letter dated Thursday.
Asian shares soared on Thursday while the dollar eased after Federal Reserve Chair Jerome Powell said a "disinflationary" process was underway, boosting risk appetite as investors hope the climb in U.S. interest rates will come to an end soon.
Push back? What push back? The main theme ahead of the Fed announcement was that Chair Jerome Powell would definitely, totally, absolutely push back against the recent rapid easing in market conditions given inflation was still sky high.
A gauge of global stocks rallied and the U.S. dollar slumped on Wednesday after the Federal Reserve raised its target interest rate by the expected 25 basis points but comments from Chair Jerome Powell were interpreted as dovish by the market.
The NASDAQ 100 After Hours Indicator is up 108.66 to 12,471.76. The total After hours volume is currently 102,668,208 shares traded.The following are the most active stocks for the after hours session: Meta Platforms, Inc. (META) is +27.19 at $180.31, with 10,719,344 shares trad
Samsung Electronics unveiled its latest premium smartphones with a focus on their powerful cameras on Wednesday, in a test of its brand power as the market for mobiles undergoes unprecedented contraction.
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