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Wall Street stocks looked set for a weaker open on Wednesday as investors lock in profits in technology stocks ahead of crucial earnings from Google owner Alphabet and Tesla, while escalating tensions in the Middle East push oil prices to six-week highs. Dow Jones futures were down 0.2%,...
SpaceX launched the Northrop Grumman MRV-MEP mission to geosynchronous transfer orbit from Cape Canaveral in Florida on Tuesday evening—and it highlights another growth opportunity for the company. Elon Musk’s rocket and AI company has lots of opportunities, from the mundane—launching satellites into space and providing space-based broadband business—to those straight out of sci-fi, like low-cost orbital data centers and travel to Mars.
Brent crude briefly topped $95 a barrel Wednesday after an 11th consecutive night of U.S. strikes against Iran, with Fed rate hike odds climbing
TE Connectivity reported better-than-expected quarterly earnings and gave solid guidance for the coming quarter.
July 22 (Reuters) - U.S. stock index futures dipped on Wednesday, pressured by weakness in chip stocks, as investors remained cautious ahead of the first batch of Big Tech earnings that could decide
Stocks were on track to open lower on Wednesday after a jump in oil prices revived fears that a flare-up in inflation could drag down the market. Nasdaq 100 futures fell 0.8%. Stocks looked set to give up some of those gains on Wednesday amid a rally in oil prices, after the U.S. launching strikes against Iran for an 11th straight night.
Inflation has become a broad-based problem, according to one of the 12 voting members of the Federal Open Market Committee (FOMC).
Asian shares were mostly higher Wednesday following a rally on Wall Street, despite concerns about higher oil prices and inflation. Japan's benchmark Nikkei 225 rose 1.9% to 67,511.12, after the government reported that both imports and exports rose last month from a year earlier, as the weakening yen raised the value of both when converted from dollars to yen. More gains for makers of computer chips and other companies benefiting from the artificial-intelligence boom carried Wall Street higher.
The Dow Jones Industrial Average added 0.7% while the S&P 500 rose 0.9% and the Nasdaq Composite gained 1.3%. Semiconductor stocks logged their best day in a month. Overall, traders “shrugged off the news from the War in favor of buying the chip makers again, presumably on the hope that the AI hyperscalers, when they report second-quarter earnings over the next few days, will also report large capital spending plans,” wrote Macquarie Strategist Thierry Wizman.
3M (MMM) raised its 2026 profit forecast on July 21, as stronger demand and price increases helped its safety and industrial business post a better second quarter. The company reported adjusted earnings of $2.40 a share on sales of $6.5 billion. It now expects full-year adjusted earnings of $8.80 ...
Dimon said he wouldn't do one thing in particular right now.
In the closing of the recent trading day, Zoetis (ZTS) stood at $75.35, denoting a -1.12% move from the preceding trading day.
Sigma Lithium Corporation (SGML) closed at $10.48 in the latest trading session, marking a +2.85% move from the prior day.
Phillips 66 (PSX) closed at $212.27 in the latest trading session, marking a +1.66% move from the prior day.
Waste Management (WM) closed at $233.18 in the latest trading session, marking a -2.46% move from the prior day.
NXP Semiconductors (NXPI) closed at $273.15 in the latest trading session, marking a +2.23% move from the prior day.
In the latest trading session, Intrusion Inc. (INTZ) closed at $0.86, marking a -6.71% move from the previous day.
The Philadelphia Semiconductor Index jumped over 5%, its best single-day gain in a month, as bargain buyers piled onto semiconductor stocks.
<body><p>STORY: U.S. stocks closed higher on Tuesday, with the Dow gaining roughly three-quarters of a percent, the S&P 500 adding nearly nine-tenths of a percent and the Nasdaq climbing about 1.3%.</p><p>Gains in recently battered semiconductor stocks pushed the Philadelphia Semiconductor Index more than 5% higher. It was the index's second consecutive advance after ending Friday more than 20% below its record high, reached in late June.</p><p>Meanwhile, investors looked past a 2% rise in oil prices as well as a fresh tariff battle, after President Donald Trump slapped a 50% duty on a wide range of imports from Canada.</p><p>Eric Parnell is chief market strategist at Great Valley Advisor Group.</p><p>"It's another day in the market and it's another tariff headline coming out of Washington, DC... But we've been down this road many, many times with tariffs over the last 12 to 18 months. And on a micro level, we can dissect what's the implication going to be for the beverage industry or the food industry associated with some of these tariffs. But what we've really seen, and we've also seen it with the Iran conflict, once the market gets comfortable with its reaction function, then it largely dismisses these headlines. And I think we should continue to expect this going forward."</p><p>Stocks on the move Tuesday included Super Micro Computer, which closed 7% higher and climbed another 16% in extended trading after the AI server maker said it expects gross margins for the quarter to be above its previous forecast.</p><p>Shares of 3M gained more than 7% after the industrial giant lifted its full-year profit forecast.</p><p>And shares of Hasbro jumped nearly 9% after the company raised its annual revenue and profit forecasts, betting on demand for its digital gaming and "Magic: The Gathering" products.</p><p>The focus this week now turns to results from tech giants Alphabet, Tesla and Intel.</p></body>
Twilio (TWLO) closed the most recent trading day at $196.22, moving 4.39% from the previous trading session.
Wingstop (WING) closed the most recent trading day at $134.95, moving 4.36% from the previous trading session.
Tyson Foods (TSN) concluded the recent trading session at $57.05, signifying a -1.64% move from its prior day's close.
In the closing of the recent trading day, Western Union (WU) stood at $8.47, denoting a -2.19% move from the preceding trading day.
In the latest trading session, Quanta Services (PWR) closed at $639.2, marking a +1.05% move from the previous day.
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