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The S&P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting.
The S&P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting.
Technology stocks were little changed, giving back most of their earlier surge and with the SPDR Technology Select Sector ETF (XLK) rising 0.3% while the Philadelphia Semiconductor Index was advancing 1.1% this afternoon.
Prominent U.S. business leaders expressed support for key parts of President Joe Biden's proposed $1.75 trillion spending bill on climate and social programs even as it faces an uncertain future in Congress.
The video gaming industry continues to gain amid the health crisis as consumers spend generously, hitting record-breaking highs in 2021. Market experts are positive about the strength that the video gaming industry is witnessing in the terms of solid sales growth despite
Wall Street was mixed on Wednesday, surging but then paring earlier solid gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting.
Technology stocks were surging Wednesday, with the SPDR Technology Select Sector ETF (XLK) rising 3.2% while the Philadelphia Semiconductor Index was advancing 4.7% this afternoon.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Chipotle Mexican Grill Inc (Symbol: CMG), where a total of 4,997 contracts have traded so far, representing approximately 499,700 underlying shares. That amounts to abou
The First Trust Lunt U.S. Factor Rotation ETF is seeing unusually high volume in afternoon trading Wednesday, with over 654,000 shares traded versus three month average volume of about 186,000. Shares of FCTR were up about 1% on the day.
Microsoft MSFT reported second-quarter fiscal 2022 earnings of $2.48 per share, which beat the Zacks Consensus Estimate by 8.3%. The bottom line surged 22% on a year-over-year basis.Revenues of $45.3 billion increased 20.1% year over year and surpassed the Zacks Consensus
What happened
Many growth stocks and speculative names in the electric vehicle (EV) sector have been pummeled as the Nasdaq Composite index ventured into correction territory to start this year. But investors are buying back in today, and speculative stocks in the EV sector like
Microsoft (NASDAQ: MSFT) is buying Activision Blizzard (NASDAQ: ATVI) in a deal valued at over $70 billion. The purchase isn't just delivering a bigger gaming catalog for the software titan, though.
Wall Street's main indexes climbed on Wednesday after two turbulent sessions and ahead of the outcome of a Federal Reserve policy meeting, with a stellar outlook from Microsoft boosting technology stocks.
Electronic Arts (NASDAQ: EA) is scheduled to report fiscal 2022 third-quarter earnings on Feb. 1. The video game developer is having great success as hit titles resonate with gamers worldwide.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core Dividend Growth ETF (Symbol: DGRO) where we have detected an approximate $152.9 million dollar inflow -- that's a 0.7% increase week ov
Israeli spyware firm NSO Group said on Wednesday it is in talks with a number of U.S. funds over "various financial moves", confirming media reports that it was discussing a sale of its assets.
Stellar outlook from Microsoft put U.S. stock indexes on course for a stronger open on Wednesday after two sessions of turbulent trading and ahead of the outcome of a Federal Reserve policy meeting.
Investors were pleased to see the Nasdaq Composite (NASDAQINDEX: ^IXIC) finally appear ready to mount a sizable comeback on Wednesday morning. As of 8:15 a.m. ET, Nasdaq futures were up more than 2%.
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