News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Oil jumped 4% on geopolitical tensions, but that wasn't the only story. Nvidia rallied while Microsoft slumped, and mega-cap tech earnings loom after the bell tonight.
By Lawrence Delevingne, Johann M Cherian and Gregor Stuart Hunter July 22 (Reuters) - Oil prices rose to a six-week high on Wednesday as the U.S. and Iran traded more strikes, further threatening
Momentum ETFs were living up to their names in early afternoon trading. The Invesco S&P 500 Momentum ETF, the Invesco Dorsey Wright Momentum ETF, and the iShares MSCI USA Momentum Factor ETF were gaining steam, while smaller stocks continued to lag.
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit
The stock market could face its sternest test since the Iran war recovery this week, as a key component of the tech-led rally reports second-quarter earnings. Google parent Alphabet the world’s third-largest stock, will update investors on its second quarter activity after the close of trading on Wednesday, likely a few minutes after Elon Musk’s Tesla posts results for the three months ending in June. The reports will kick off a long stretch of big-ticket earnings releases, including Microsoft Meta Platforms Amazon and Apple next week, as investors face the market’s weeks-long stall.
What was working on Wall Street was pretty much a mirrored image of yesterday’s action. The Dow was up 64 points, or 0.1%. The top strategies were pure value, low volatility, and dividend stocks, while small-caps, growth, and momentum were lagging behind.
The week’s tech stock rally hit the brakes ahead of key earnings reports from Alphabet and Tesla on Wednesday. “We are seeing a slight pause after a dramatic two-day bounce across tech and Ai winners,” writes Mizuho’s Daniel O’Regan. The iShares Semiconductor ETF was falling after marking its best day in just over a month on Tuesday.
Stock Market Today: The Dow Jones index dropped Wednesday as oil prices jumped. SMCI stock surged, with Alphabet and Tesla earnings due.
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%,...
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
Wall Street analysts reshuffled their bets on Wednesday, handing out fresh upgrades to CoreWeave and Digital Ocean while cutting Vornado and Trimble loose. Here is everything investors need to know before making a move.
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
Inflation has become a broad-based problem, according to one of the 12 voting members of the Federal Open Market Committee (FOMC).
More than 550 million viewers watched on television screens, with the Spain-Argentina final averaging 21 million viewers per minute.
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.