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US stock futures steady as Wall St extends record run amid softer inflation
Investing.com-- U.S. stock index futures steadied in evening deals on Thursday after strength in technology shares saw Wall Street extend a recent run of record highs as data showed some cooling in in
Investing.com
Jun 13, 2024
Adobe delivers upbeat earnings guidance as Q2 results top estimates
Investing.com - Adobe reported Thursday better-than-expected second-quarter results and upbeat earnings guidance, shrugging off a weaker backdrop for enterprise software.Adobe Systems Incorporated (NA
Investing.com
Jun 13, 2024
Federal Government to revise Medicare Advantage Plans ratings
Investing.com - The US federal government is set to revise this year's quality ratings of private Medicare plans, according Wall Street Journal report.This action could lead to substantial additional
Investing.com
Jun 13, 2024
BofA: Tight used car market favors AutoNation over CarMax
Investing.com - Bank of America (NYSE:BAC) (BofA) analysts have expressed their preference for AutoNation Inc (NYSE:AN) over CarMax Inc (NYSE:KMX) in a research note on Thursday.The sourcing envir
Investing.com
Jun 13, 2024
Jefferies Predicts 6% upside for Russell 2000 despite tough period for small caps
Investing.com - Analysts from Jefferies revealed renewed optimism for small caps on Wednesday, despite a challenging period for the market.In its mid-cap strategy report, the firm has revised its year
Investing.com
Jun 13, 2024
Databricks predicts 60% sales growth, anticipates $2.4 billion annualized revenue
Investing.com - Databricks, a leading data analytics software provider and one of the highest valued private tech firms in the US, has projected an impressive sales growth of over 60%, anticipating an
Investing.com
Jun 13, 2024
Gamestop delays shareholder meeting following tech issue
Investing.com -- Gamestop delayed its annual shareholder meeting due Thursday by a day after its servers were overwhelmed by a flurry of shareholders trying to access the livestream."Unprecedented dem
Investing.com
Jun 13, 2024
Key player in gigafactory Mexico leaves Tesla on Elon Musk's big day, what now?
Investing.com - On Wednesday, Eugenio Grandio, the Business Policy and Development Advisor for Latin America at Tesla (NASDAQ:TSLA), announced his departure after 8 years at the electric vehicle manuf
Investing.com
Jun 13, 2024
US Treasury sells $22B 30Y bonds at lower-than-expected yield on stronger demand
Investing.com -- The U.S. government sold $22 billion of 30-year notes on Thursday at a lower-than-expected yield, driven by stronger demand. The notes were awarded at 4.403%, below the pre-sale, or w
Investing.com
Jun 13, 2024
JPM: May sees healthy net sales across equity, fixed income, and money funds
Mutual funds staged a recovery in May, with healthy net sales across equity, fixed income, and money market funds, according to a report from JPMorgan (NYSE:JPM).Overall, May saw inflows of $133 billi
Investing.com
Jun 13, 2024
Higher rates for longer: What this means for markets
Investing.com - The US Federal Reserve had hoped that 2024 would be a year for cutting interest rates. However, with inflation proving more persistent than almost anyone had expected, these expectatio
Investing.com
Jun 13, 2024
Opportunities are in cyclicals, BofA’s quant model shows
Robust job numbers and continued disinflation in recent weeks are favorable for equities. However, consumers feel worse than the aggregated economic data suggests, Bank of America (NYSE:BAC) strategis
Investing.com
Jun 13, 2024
Broadcom, Tesla, GameStop rise premarket; Dave&Buster's falls
Investing.com -- U.S. stock futures traded in a mixed fashion Thursday, as investors digested a hawkish message from the latest Federal Reserve as well as cooler than expected inflation data.Here are
Investing.com
Jun 13, 2024
To avoid another crisis, regional banks must triple investment into digital apps
Recent reports revealed the number of weak US banks rose to 52 in the last three months of 2023, representing the largest jump since Silicon Valley Bank’s collapse. Meanwhile, the FDIC found earlier t
Investing.com
Jun 13, 2024
BlackRock warns: Here’s how this intense election year can affect the market
Investing.com - "Over half the world's population goes to the polls in 2024. We watch for investment implications. We think governments and candidates have limited solutions to key financial issues fo
Investing.com
Jun 13, 2024
Here are several 10%+ rallies you may be missing out on
Investing.com - After an impressive performance in May, in which several picks rallied in the double digits, our AI rebalanced in June for continued outperformance.In fact, currently, ten of our picks
Investing.com
Jun 13, 2024
AI theme less dominant for European equities than in US, says UBS
The impact of artificial intelligence (AI) on European equities is less pronounced compared to the US, UBS strategists said in a Thursday note.While European stocks considered AI beneficiaries have pe
Investing.com
Jun 13, 2024
Jefferies: This top AI pick is 'going for AI gold, not silver'
Investment bank Jefferies believes that its top AI pick, Microsoft (NASDAQ:MSFT), is "going for AI gold, not silver," according to a note from its analysts following several meetings with the company
Investing.com
Jun 13, 2024
FTSE 100 down; U.K. shares mixed at market open
Investing.com - U.K. equities started with both gains and losses on Thursday, with rises in Mobile Telecommunications, Electronic & Electrical Equipment and Personal Goods sectors; and falls in In
Investing.com
Jun 13, 2024
European stocks retreat after hawkish Fed; more inflation data in focus
Investing.com - European stock markets fell Thursday as a hawkish Federal Reserve raised concerns about the additional easing of monetary policy going forward.At 03:05 ET (07:05 GMT), the DAX index in
Investing.com
Jun 13, 2024
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