May 18, 2024
Investors

AMAT Stock: Applied Materials Posts Beat-And-Raise Report

Semiconductor equipment vendor Applied Materials (AMAT) late Thursday beat estimates for its fiscal second quarter and guided above views for the current period. But AMAT stock fell in extended trading. X The Santa Clara, Calif.-based company earned an adjusted $2.09 a share on sales of $6.65 billion in the quarter ended April 28. Analysts polled

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Investors

Dow Jones Rises Again; Nvidia Chipmaker Taiwan Semi On Tap With 5 AI Stocks Near Buy Points

Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. Nvidia (NVDA) chipmaker Taiwan Semiconductor (TSM) will announce sales data Friday. X The stock market rally had a solid Thursday, with the Dow Jones rising for a seventh straight session. Leading stocks showed bullish or constructive action. Nvidia stock fell slightly

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Investors

Dow Jones Futures: Stock Market Rally Has Solid DAy; Reddit, AI Plays Lead Earnings Movers Late

Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. Coupang (CPNG), Arista Networks (ANET) and recent IPOs Reddit (RDDT) and Astera Labs (ALAB) were among the notable earnings reports. X The stock market rally was narrowly mixed on Tuesday. Palantir (PLTR) and Datadog (DDOG) weighed on software plays, but

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Investors

AstraZeneca Stock Flirts With Breakout As Cancer Drug Sales Shine; Sanofi, Bristol Stocks Diverge

AstraZeneca (AZN) stock bolted higher Thursday — and is now within striking distance of a breakout — after its cancer treatments propelled a first-quarter beat. X The Cambridge U.K.-based drugmaker reported almost $5.11 billion in sales of its cancer drugs. Sales rocketed 23% on a strict, as-reported basis and 26% when excluding the impact of

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Investors

Dow Jones Futures Loom After Nvidia, Super Micro Plunge; Tesla Slashes Prices With Earnings Due

Dow Jones futures rose slightly Sunday night, along with S&P 500 futures and Nasdaq futures. Earnings from Microsoft (MSFT), Meta Platforms (META) and many more are on deck. Tesla, which reports Tuesday, slashed EV and FSD prices over the weekend. X The stock market suffered sharp losses in the past week. The Dow Jones actually

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Investors

Accenture Stocks Tumbles On Lowered Fiscal Year Revenue Guidance

Accenture early Thursday reported fiscal second-quarter earnings that topped estimates amid its acquisition spree. The company lowered its full fiscal year revenue outlook, sending Accenture stock lower. X Accenture earnings for the quarter ended Feb. 29 fell 3% to $2.77 per share on an adjusted basis, said the Dublin-based global tech services and consulting firm.

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