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Uneven October: The S&P 500 and Nasdaq Composite dropped on Thursday due to disappointing earnings from major tech companies. The S&P 500 declined by 1.86%, Nasdaq Composite by 2.76%, and the Dow by 0.9%, wrapping up a volatile October. Tech Divide: Amazon and Apple both reported earnings, with...

Key Financial Results: Revenue: $2.17 billion, marking a 4.4% decline from $2.27 billion in Q3 2023. Revenue was in line with analyst expectations but reflects a challenging period for the company. Net Income: Reported a significant net loss of $2.96 billion, contrasting sharply with a $363...

Financial Performance: Intel reported third-quarter 2024 revenue of $13.3 billion, representing a 6% decline compared to the same period last year. The company posted a significant GAAP loss per share of $(3.88), heavily influenced by impairment and restructuring charges totaling $18.7 billion...

Summary: In a significant legal victory, Google has successfully defended itself against a trademark lawsuit filed by Shorts International, a British company specializing in short films. The lawsuit, initiated last year, claimed that Google's use of the term "Shorts" for its short video platform...

Stock futures are lower as Wall Street digests a mixed week of earnings and inflation data. Futures for the Dow, S&P 500, and Nasdaq are down, with major tech companies like Amazon and Apple set to report earnings today. The September personal consumption expenditures price index will be...

Tech Watch: The Nasdaq Composite rose 0.78% Tuesday, reaching a new high as tech stocks strengthened. Alphabet shares increased over 5% in premarket trading after strong earnings. Meta and Microsoft are reporting earnings Wednesday, with Apple and Amazon following Thursday. Alphabet’s Earnings...

1. Earnings Expectations Stock futures were mostly stable as investors anticipated key corporate earnings. Nasdaq 100 futures rose slightly, while Dow Jones and S&P 500 futures fell slightly. Companies like Pfizer and McDonald's reported before the bell, while Alphabet, Snap, Reddit, Chipotle...

Tech Sector Leads Futures Futures are trading higher, driven by tech. The Nasdaq 100 is up 0.8%, S&P 500 futures 0.6%, and Dow 0.5%. The Nasdaq Composite reached a new all-time high, while the Dow and S&P recently snapped six-week winning streaks. Peak Earnings Week This is the busiest week for...

Economic Releases and Major Earnings to Watch This Week This week, investors are set for a data-heavy period, with critical economic releases and earnings from some of the world's largest companies, which could shape market sentiment heading into the Federal Reserve's November meeting. Key...

Market Performance: The S&P 500 rebounded on Thursday, gaining 0.21% after a three-day losing streak, while the Nasdaq Composite rose 0.76%. The Dow, however, fell 140.59 points (0.33%), marking its first four-day losing streak since June. Treasury yields decreased after reaching three-month...

1. Boeing Strike Extended Union machinists at Boeing rejected a contract proposal, prolonging their six-week strike. The rejected contract included a 35% pay increase over four years. Boeing's third-quarter loss also contributed to the company’s stock dropping by 4% in premarket trading. 2...

Coca-Cola (KO) outperformed market expectations in its third-quarter earnings, delivering revenue of $11.9 billion, above analysts’ estimates of $11.61 billion. Although this figure represents a slight decrease from the $12 billion reported in the same period last year, the company managed to...

McDonald's Stock Sinks on E. Coli Outbreak: McDonald's (MCD) shares are down 7% in premarket trading due to a fatal E. coli outbreak potentially linked to its Quarter Pounder. The CDC has reported 49 cases, including one death. McDonald's is pulling Quarter Pounders and slivered onions from...

Overview: Genuine Parts Company (NYSE: GPC), a leading retailer of automotive and industrial parts, delivered a mixed performance in its Q3 2024 earnings report. While the company’s revenue of $5.97 billion aligned with Wall Street’s expectations, its adjusted earnings per share (EPS) fell...

GE Aerospace (GE) delivered a robust third-quarter performance, significantly surpassing market expectations. The company reported $9.84 billion in revenue, exceeding analysts' consensus estimate of $9.55 billion, driven by strong demand for airplane engines and aerospace components. Net income...

Kimberly-Clark (NYSE), a leading household products company, reported mixed financial results for Q3 CY2024. While the company fell short of Wall Street's revenue expectations, it exceeded profit estimates, showcasing strong operational efficiency. Key Financial Highlights: Revenue: $4.95...

Stock Market Trends: Dow Jones ended its three-day winning streak, falling over 344 points on Monday. The S&P 500 declined 0.2%, while Nasdaq rose by 0.3%. Investors are focused on third-quarter earnings, with over 70% of reporting companies beating estimates. GM Beats Earnings Expectations...

Stock Market Rally: The S&P 500 and Dow Jones Industrial Average are on six-week winning streaks, closing at record highs last Friday. Earnings reports and the upcoming presidential election will play a key role in determining whether stocks continue to rise. Earnings Season: About 20% of S&P...

This week brings a combination of pivotal earnings reports, key economic data, and remarks from Federal Reserve officials that could shape market sentiment and economic expectations. Investors will be closely watching corporate performance, monetary policy signals, and the health of key sectors...

Markets: Stock futures are steady with small gains for S&P 500 (+0.12%) and Nasdaq 100 (+0.29%), while the Dow is flat. Earnings reports from American Express and Procter & Gamble are being watched closely. Netflix Shares Jump: Netflix's third-quarter earnings beat expectations, reporting $5.40...