#nyse

Market Rally: Major indexes closed higher on Wednesday. S&P 500 gained 1.58%, Nasdaq Composite jumped 2.64%, and Dow Jones Industrial Average rose 0.24%. Megacap tech stocks, including Nvidia, Apple, Meta Platforms, and Amazon, surged. Federal Reserve Holds Rates: Fed officials decided to keep...

Market Movement: The S&P 500 and Nasdaq Composite fell on Tuesday, with declines of 0.6% and 1.2%, respectively. The Dow Jones Industrial Average rose by 0.3%. The tech sector, particularly large-cap stocks, showed weakness, while earnings season has been strong overall. Microsoft's Cloud...

Advanced Micro Devices, Inc. (NASDAQ: AMD) posted a second-quarter earnings win with a slight beat on analyst expectations, resulting in a more than 9% rise in AMD stock during premarket trading Today Key Financial Highlights: Adjusted Earnings Per Share (EPS): $0.69, just above the $0.68...

Palantir Technologies Inc. (NYSE: PLTR), a leader in AI systems for modern enterprises, has announced a multi-year partnership with Tree Energy Solutions (TES), a global leader in the production of electric natural gas (e-NG) derived from green hydrogen. The partnership aims to leverage...

Federal Reserve Rate Decision: The Federal Reserve will announce its latest rate decision on Wednesday, with no changes expected to the current 5.25%-5.5% range. Big Tech Earnings: Apple, Meta, Amazon, and Microsoft are set to report earnings this week. Additional Earnings Reports: Updates are...

STMicroelectronics NV (NYSE: STM), a key supplier for Tesla Inc (NASDAQ: TSLA) and Apple Inc (NASDAQ: AAPL), reported its fiscal second-quarter 2024 earnings, revealing a significant revenue decline of 25.3% year-on-year to $3.23 billion, slightly above the analyst consensus estimate of $3.20...

Amazon Inc (NASDAQ: AMZN) shares were rising in Wednesday’s after-hours session after the National Basketball Association (NBA) announced a deal in which Prime Video will telecast NBA games over the next decade. The NBA announced a renewal of its partnership with Walt Disney Co (NYSE: DIS), as...

Chipotle (CMG) reported strong Q2 2024 results, exceeding Wall Street's expectations across all major metrics, including revenue, earnings, and same-store sales. Key highlights from the report include: Revenue: $2.97 billion, up 18.2% year-over-year, versus the expected $2.94 billion. Adjusted...

Nike's (NYSE: NKE) stock reached an all-time high of $172.49 on November 5, 2021, buoyed by its strong recovery from the pandemic, the growth of its Nike Direct business, and robust sales in China. However, the stock is now trading nearly 60% below that peak. The following four charts explain...

Market Performance: All major indexes closed lower on Tuesday, with the S&P 500 down 0.16%, the Nasdaq Composite down 0.06%, and the Dow Jones Industrial Average down 0.14%. Earnings Reports: Tesla missed earnings expectations with adjusted EPS of 52 cents, while Alphabet's YouTube ad revenue...

Tesla's Mixed Q2 Results: Auto Gross Margin: Excluding regulatory credits, Tesla's auto gross margin was 14.6%, missing the 16.2% estimate. Regulatory Credits: Came in at $890 million, significantly higher than the $450 million consensus, potentially inflating adjusted EPS by 10 cents. Earnings...

Coca-Cola (KO) held on to its momentum to deliver another strong quarter on Tuesday. The soda giant beat Wall Street's estimates in Q2, led by global demand for its beverages, despite higher prices. Revenue grew 3% to $12.4 billion, compared to the expected $11.76 billion. Earnings per share...