U.S. stock index futures showed little movement on Wednesday, stabilizing after a downbeat session on Wall Street. Investors remained cautious ahead of the release of key inflation data that could provide insights into the Federal Reserve’s interest rate trajectory. Wall Street indexes ended Tuesday lower, weighed down by continued weakness in technology stocks following disappointing […]
Today’s Stocks to Watch: Oracle and Sony
Key Points To Watch Out For: Oracle (ORCL): Earnings Miss Expectations Oracle, the cloud software company, reported adjusted quarterly earnings that fell below analysts’ estimates. This caused its shares to drop more than 8% in pre-market trading, highlighting ongoing challenges within its core business segment. HealthEquity (HQY): Weak Forecasts Drag Shares HealthEquity, a firm specializing […]
U.S. Stock Markets Weaken, Oracle Declines Ahead of CPI Data
U.S. stock index futures traded within narrow ranges on Tuesday, stabilizing after a sharp pullback in technology stocks drove Wall Street away from its all-time highs. Investors are turning their attention to upcoming inflation data for further clues on the Federal Reserve’s next moves. Losses in the technology sector weighed on Monday’s trading, with the […]
Today’s Stocks to Watch: Super Micro, Tesla, and Macy’s
Key Points To Watch Out For: Super Micro (SMCI): Extraordinary Extension from Nasdaq Super Micro Computer (SMCI) secured an extraordinary extension from Nasdaq to file its overdue annual report. This development fueled investor optimism, propelling the stock up by 10% in pre-market trading. Renowned for its expertise in developing artificial intelligence servers, Super Micro continues […]
U.S. Stock Markets Down, Watch Out for Inflation
U.S. stock index futures were slightly lower on Monday as investors consolidated recent gains ahead of the release of key inflation data this week, seeking more clarity on interest rates. Futures dipped after Wall Street indexes hit record highs on Friday, driven by a tech stock rally, while better-than-expected nonfarm payrolls data did little to […]
Today’s Stocks to Watch: Salesforce and Marvell
Key Points To Watch Out For: Salesforce (CRM): AI-Driven Growth Highlighted Enterprise software provider Salesforce raised its annual revenue forecast, citing the success of its “agent” artificial intelligence system. This innovation drove better-than-expected quarterly sales, sending shares soaring by more than 10% in premarket trading. Marvell Technology (MRVL): Strength in the Chip Market Chip producer […]
U.S. Stock Markets Rise Ahead of Powell Speech, Salesforce Stands Out
U.S. stock index futures rose on Wednesday, with investors focusing on Federal Reserve Chairman Jerome Powell’s upcoming speech, hoping for additional signals regarding interest rate policies. Wall Street indexes traded within narrow ranges on Tuesday, starting the new month on a subdued note. This followed strong gains earlier in November, spurred by optimism after Donald […]
Today’s Stocks to Watch: Tesla, Super Micro, and U.S. Steel
Key Points To Watch Out For: Tesla (TSLA): Legal Uncertainty Over Executive Compensation Elon Musk faces renewed legal challenges over his multibillion-dollar pay plan, which has created uncertainty about how Tesla will navigate this situation. Tesla shares have fallen by more than 1% in pre-market trading, reflecting investor concerns. The ruling could significantly affect Tesla’s […]
The Fed and Interest Rates: In Everyone’s Sights
U.S. futures showed minimal movement on Tuesday morning, following record highs for the S&P 500 and the Nasdaq in the previous session. The Dow Jones closed the day down by more than 100 points (approximately 0.3%). Meanwhile, S&P 500 futures stabilized at 6,059.50 points, while Nasdaq 100 futures dipped 0.1% to 21,192.50 points. Dow Jones […]
Today’s Stocks to Watch: Stellantis and Volkswagen
Key Points To Watch Out For: Stellantis (STLA): Stocks Fall on CEO’s Resignation Stellantis, the automotive group behind brands like Chrysler and Jeep, saw its stock plummet by over 8% in Milan following the unexpected resignation of CEO Carlos Tavares. This sudden leadership change has raised concerns among investors about the company’s future direction. Adding […]