Intel stock has its best performance in some time. INTC shares lifted 8% by better Q4 guidance. Intel misses on bottom line with $-0.46 loss in Q3 Revenue was benefited by AI and Edge computing. Intel (INTC) stock surged more than 8% on Friday after the embattled legacy semiconductor firm announced major progress on […]
Micrsoft stock fell as much as 6% on Thursday after reporting fiscal Q1 earnings. CEO Satya Nadella’s company easily beat Wall Street consensus for revenue and net income. GAAP EPS climbed 10% YoY, and revenue rose 16%. MSFT stock fell due to lower projected Azure cloud growth in Q2. Microsoft (MSFT) skittered off the […]
Tesla stock garners another 3% day after historic rally. TSLA stock rose the most in one day on Thursday since May 2014. Tesla shares rose 21.9% on Thursday but fell short of stubborn $265 level. Q3 margins improve notably as Tesla becomes more efficient at production. Tesla (TSLA) stock has overcome the much-watched $265 level […]
AXP stock slips 5% on topline weakness in third quarter. Full-year revenue guidance guided down to low end of prior range. American Express bested consensus on earnings by $0.20. Credit provisions, write-offs rise moderately in Q3. American Express (AXP) stock swooned over 5% on Friday after it reported third-quarter results. The company reduced its outlook […]
TRV stock soars 8% on Thursday after delivering record Q3 earnings. Travelers adjusted EPS spiked 169% from a year earlier. Record underlying underwriting income led to the successful quarter. TRV stock could run up to $280 based on technical chart pattern. The Travelers Companies (TRV) stock has popped 8% on Thursday after its third-quarter […]
JPMorgan surges 5% on Q3 earnings beat
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JPMorgan stock sails ahead on an impressive Q3 showing. GAAP EPS arrives 10% above Wall Street consensus. Revenue benefits from investment banking, wealth management fees. Traders focus on setting new all-time high. JPMorgan (JPM) stock surged over 5% on Friday after the nation’s largest bank released earnings that strongly beat consensus. The Producer Price Index […]
UnitedHealth (UNH) closed at $597.70 on Thursday, 1.10% higher on the day. UnitedHealth’s stock price has increased 13.52% so far this year, less than the 12.64% advance registered by the overall Dow Jones Industrial Average (DJIA) index. On Thursday, the DJIA fell slightly to close at 42,454.12 points. The three leaders were UnitedHealth (UNH), Salesforce (CRM) and Amazon (AMZN), […]
Apple stock slides on lethargic iPhone 16 pre-orders. iPhone 16 first weekend pre-orders estimated down 13% from iPhone 15. Hot analyst Kuo Ming-Chi implies that Apple may need to cut prices in 2025. Kuo blames Chinese competition, late release of Apple Intelligence for reduced demand. Apple (AAPL) stock has moved lower on Monday after […]
Caterpillar benefits from solid Durable Goods Orders data on Monday. NASDAQ, growth stocks move lower on the good economic news. Dow Jones Industrial Average hits new all-time high. CAT stock looks likely to retest resistance zone in the $360s. Caterpillar (CAT) is moving higher on Monday in sharp contrast to the wider market. The […]
American Express gets uncommon downgrade from BofA Securities. AXP stock loses 3.7% on Wednesday despite index gains. BofA says that AXP is overvalued based on recent meager growth. Investors are excited about Fed Minutes and Jackson Hole Symposium this week. American Express (AXP) stock was the lowest performing member of the Dow Jones Industrial […]
QuantumScape stock rises another 17% on Friday, following Thursday’s 30% run. Wall Street cheers on battery maker, loves capital-light strategy. NASDAQ, S&P 500 advance further after June CPI falls. Volkswagen could end up producing QuantumScape batteries for as many as 1 million vehicles annually. QuantumScape (QS) stock is refusing to fade on Friday after its 30% Thursday […]
Broadcom could be the next company to join the trillion dollar club. Wednesday’s earnings release showed another beat-and-raise announcement that has become commonplace. Markets consolidate on Friday after week’s CPI-led fireworks. Michigan Consumer Sentiment drains, sending NASDAQ lower. Broadcom (AVGO) stock exploded 12% on Thursday, quite a feat for a company already valued at […]
