Nvidia is set to join the Dow Jones Industrial Average, replacing $Intel (INTC.US)$, effective before market open on Nov. 8, S&P Dow Jones Indices announced Friday.
Nvidia Poised to Overtake Apple as Most Valuable Company
Following the announcement, $NVIDIA (NVDA.US)$ shares surged over 2.5% in premarket trading Monday. This trajectory could bolster its market cap to $3.4 trillion at the open, potentially overt...
Nvidia Poised to Overtake Apple as Most Valuable Company
Following the announcement, $NVIDIA (NVDA.US)$ shares surged over 2.5% in premarket trading Monday. This trajectory could bolster its market cap to $3.4 trillion at the open, potentially overt...
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$Palantir (PLTR.US)$ is set to report third-quarter earnings after the closing bell on Monday, Nov.4, with investors likely to be watching for commercial segment growth and updates about the demand for the data analytics company's artificial intelligence (AI) platform.
Consensus Estimate
● Analysts expect Palantir Technologies to report a profit of $0.04 per share, up 40.67% from the year-ago quarter.
● The Consensus Estimate for rev...
Consensus Estimate
● Analysts expect Palantir Technologies to report a profit of $0.04 per share, up 40.67% from the year-ago quarter.
● The Consensus Estimate for rev...
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Apple's fiscal fourth-quarter earnings surpassed Wall Street's expectations in terms of revenue and earnings per share, although net income declined due to a one-time charge related to a tax ruling in Europe.
In the September quarter, Apple's revenue reached a record $94.9 billion, marking a 6% increase year over year. iPhone sales also set a September quarter record with revenues of $46.2 billion, up 6% from the previo...
In the September quarter, Apple's revenue reached a record $94.9 billion, marking a 6% increase year over year. iPhone sales also set a September quarter record with revenues of $46.2 billion, up 6% from the previo...
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$Amazon (AMZN.US)$ reported better-than-expected third-quarter earnings after the market closed on Thursday.
Amazon's Q3 net sales rose 11% from a year earlier to $158.9 billion, surpassing the $157.29 billion estimate. For Q4, Amazon forecasts net sales between $181.5 billion and $188.5 billion, indicating a 7% to 11% growth. The midpoint of $185 billion slightly trails the $186.2 billion predicted by analysts.
Operatin...
Amazon's Q3 net sales rose 11% from a year earlier to $158.9 billion, surpassing the $157.29 billion estimate. For Q4, Amazon forecasts net sales between $181.5 billion and $188.5 billion, indicating a 7% to 11% growth. The midpoint of $185 billion slightly trails the $186.2 billion predicted by analysts.
Operatin...
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Microsoft released its first-quarter earnings report for the fiscal year 2025 after the close of U.S. stock markets on Wednesday. The data revealed that Microsoft's quarterly revenue reached $65.585 billion, a 16% increase year-over-year, with earnings per share at $3.30, up 10% from the previous year. Both figures surpassed market expectations. Notably, Microsoft's cloud business grew rapidly by 22% year-o...
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Columns October US Nonfarm Payrolls Preview | Employment May Be Temporarily Disrupted Due to the Hurricane
October nonfarm payrolls report will be released at 8:30 a.m. ET this Friday. The median forecast of analysts for the upcoming nonfarm employment is 115K, downfrom 254K in August. The unemployment rate is expected to remain at 4.1%.
Although analysts might attribute the economic weakness to temporary weather conditions, cyclical factors are also significant contributors. The manufacturing sector, a ...
Although analysts might attribute the economic weakness to temporary weather conditions, cyclical factors are also significant contributors. The manufacturing sector, a ...
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Meta Platforms Inc., the parent company of Facebook, reported its earnings after the market closed on Wednesday.
Revenue for the third quarter reached $40.59 billion, marking a 19% increase from the previous year and exceeding analysts' projections of $40.26 billion. Meta anticipates fourth-quarter revenue between $45 billion and $48 billion, compared to the earlier analyst estimate of $46.1 billion.
Net income climbed 35% ...
Revenue for the third quarter reached $40.59 billion, marking a 19% increase from the previous year and exceeding analysts' projections of $40.26 billion. Meta anticipates fourth-quarter revenue between $45 billion and $48 billion, compared to the earlier analyst estimate of $46.1 billion.
Net income climbed 35% ...
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$Alphabet Inc (GOOG.CA)$, Google's parent, reported third-quarter earnings Tuesday after the market closed, for the period ending Sept. 30. Revenue climbed 15% year-on-year to $88.27 billion, while net income jumped 33.6% to $26.3 billion, surpassing forecasts. At Wednesday's open, shares rose over 5%.
Google Ad Revenue Rises 10% as AI Enhancements Pay Off
Google’s advertising division, which generates more than 70% ...
Google Ad Revenue Rises 10% as AI Enhancements Pay Off
Google’s advertising division, which generates more than 70% ...
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On Monday, former President Donald Trump surpassed Vice President Kamala Harris in polling support for the first time since August. This follows betting markets indicating a higher probability of a Trump victory in the upcoming election.
The U.S. stock market is witnessing a revival of the "Trump Trade." Shares in Trump's social media venture, $Trump Media & Technology (DJT.US)$ , have soared more than 220% since October, while $Phunware (PHUN.US)$ has jumpe...
The U.S. stock market is witnessing a revival of the "Trump Trade." Shares in Trump's social media venture, $Trump Media & Technology (DJT.US)$ , have soared more than 220% since October, while $Phunware (PHUN.US)$ has jumpe...
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Apple is set to release its Q4 FY'24 financial results on October 31, reporting on a quarter that witnessed the launch of the new iPhone 16 devices. Apple's stock has performed well this year, climbing approximately 23% since the beginning of January, and is currently trading near its all-time highs.
Analysts estimate Apple to post revenue of $94.32B for 2024 Q4, up 5.38% YOY; EPS is estimated to be $1.53, up 4.77% YOY. The company has consistently ...
Analysts estimate Apple to post revenue of $94.32B for 2024 Q4, up 5.38% YOY; EPS is estimated to be $1.53, up 4.77% YOY. The company has consistently ...
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