Stocks
Goldman Sachs Group Inc (NYSE:GS) stock is inching higher today, up 0.3% to trade at $472.51 at last glance and extending last session’s bounce after the sector was hit hard on Tuesday. GS could extend its rebound, too, as it is now flashing a historically bull signal on the charts.The…
Thursday’s market has seen notable movements among stocks, with significant activity in both the mega-cap and large-cap categories. While Nvidia Corp (NASDAQ:) and Avago Technologies (AVGO) have shown strong upward trends, Moderna (NASDAQ:) and Sirius Satellite Radio Inc (SIRI) experienced declines. Here is a closer look at some of the…
By Douglas Gillison(Reuters) – Wall Street’s top regulator is due to vote next week on proposed new regulations to allow the pricing of stocks in increments of less than a penny, part of a pending structural overhaul of equities markets, a Thursday scheduling announcement showed.The five-member U.S. Securities and Exchange…
By Aditya Kalra NEW DELHI (Reuters) – An Indian antitrust investigation has found U.S. e-commerce giant Amazon (NASDAQ:) and Walmart (NYSE:)’s Flipkart violated local competition laws by giving preference to select sellers on their shopping websites, according to confidential reports seen by Reuters. The Competition Commission of India (CCI) in…
Chemicals Company Dow Cuts Outlook Amid Production ChallengesDow Inc. (NYSE:DOW) shares are trading lower after it revised its third-quarter outlook.The company lowered its guidance for revenue to around $10.6 billion (vs. consensus $11.0 billion) from $11.1 billion earlier and expects operating EBITDA of around $1.3 billion.The revised outlook reflects a…
Investing.com – Germany stocks were higher after the close on Thursday, as gains in the , and sectors led shares higher. At the close in Frankfurt, the gained 0.97%, while the index added 0.43%, and the index gained 0.84%. The best performers of the session on the were Siemens Energy…
Jeffrey Dean / Bloomberg via Getty ImagesKey TakeawaysKroger shares surged Thursday after the supermarket chain better-than-expected adjusted profit for the second quarter.Diluted EPS and revenue missed analysts’ consensus estimates.CEO Rodney McMullen said the chain is “confident in the facts and the strength of our position” as it fights the FTC’s…
ServiceNow (NYSE: NYSE:), during its recent earnings call, outlined an ambitious goal to become the most valuable enterprise software company by 2030, with CEO William McDermott highlighting the company’s innovation and culture as key drivers. McDermott emphasized the success of the Xanadu release and the introduction of RaptorDB, along with…
Legacy chipmaker Intel (INTC) has shed 60% on a year-to-date basis due to the company’s lackluster performance in 2024 and the sizable losses it has been posting. While the bulls think Intel is a hidden gem with deep value, the bears believe it’s a value trap. So, what is it…
By Patrick Wingrove (Reuters) -Moderna pushed its break-even goal by two years as it delayed the timeline for developing several key products and predicted 2025 sales below its forecast for this year, sending its shares down to a four-year low. Shares of the vaccine maker tumbled 17.6% to $65.50 in…
