Netflixwas the biggest gainer in the index, surging 18% on the back of astrong quarterly printand subscriber numbers.ASMLalso gained 14% after the semiconductor equipment stock posted solid earnings. Other major winners includedFortinetandPaccar, last up about 9% and 8% respectively.ComcastandCons...
Tesla's stock has been helped by the reopening in China, the break in rising rates and an improving landscape for growth stocks. The move higher also comes after the companycut prices for some vehicles, setting off what some have called apricing warin the electric vehicle market. But some ...
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Current stock prices reflect an assumption that loan loss provisions will reach 1% of average loan ratios “across the group for 2024, which is 2x levels seen during the Tech Bubble and 3x [the] 2015-2016 peak,” and twice Morgan Stanley’s own assumptions for next year, the analysts said...
So far this week, the S&P 500 is down 2%, with three out of four days in the red. The 30-stock Dow has lost roughly 3% week to date, while the Nasdaq has dipped 2% through Thursday’s close. Fed Chairman Jerome Powellon Wednesdaymaintained that while there is still room for interest...
“When you think about the world today, what we create at the Walt Disney Company has never been more necessary or more important,” he added. Disney did not give updates on how the coronavirus would impact their domestic parks or their films. One such film that could be disrupted by the...
The stock market’s roller coaster week continues as investors continue to worry about the coronavirus outbreak. Go here for the latest updates on the Dow, S&P 500, companies and more.
Today's market rebound is a 'dead cat bounce,' says Nouriel Roubini From CNN Business' Anneken Tappe Stock futures point to a strong rebound rally today after Monday’s dramatic losses. But can these gains be sustained? Many market participants are skeptical. After all, the fundamentals –...