Day: August 2, 2023
Asia marketplaces set to slide as Wall Street sees selloff immediately after U.S. credit score downgrade
A peek under the hood exhibits a broad-centered selloff in S&P 500 The selloff in the S&P 500 Wednesday was wide centered, with 413 shares declining in the broader index. There had been 87 advancers in the benchmark. The largest loser was backup electricity generator organization Generac, which was past down by extra than 23%. […]
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Inventory futures are little modified Wednesday night time following U.S. downgrade spurs a selloff: Are living updates
Traders get the job done on the flooring of the New York Stock Trade (NYSE), June 29, 2023. Brendan McDermid | Reuters Inventory futures have been small improved Wednesday as traders contended with Fitch’s current downgrade of the United States’ prolonged-phrase ranking. Futures tied to the S&P 500 received .02%, when Nasdaq 100 futures pulled […]
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Stocks making the biggest moves after hours: PayPal, Robinhood, Qualcomm, Clorox, DoorDash and more
In this article CLX QRVO ZG QCOM DASH ETSY HOOD Follow your favorite stocksCREATE FREE ACCOUNT Robinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. Andrew Kelly | Reuters Check out the companies […]
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EVgo revenue beats analyst expectations as private-label charging business booms
A view of an EVgo EV charging station on July 28, 2023 in Corte Madera, California. Justin Sullivan | Getty Images EV charging network operator EVgo on Wednesday reported second-quarter revenue that beat Wall Street’s expectations and posted a narrower-than-expected loss, as more EV drivers used its network and revenue from its private-label eXtend unit boomed. EVgo […]
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AMD forecast, U.S. credit downgrade drags down chip shares
AMD Chair and CEO Lisa Su speaks at the AMD Keynote handle for the duration of the Buyer Electronics Demonstrate (CES) on January 4, 2023 in Las Vegas, Nevada. David Becker | Getty Photos Information | Getty Photographs Chip shares dipped Wednesday, right after AMD‘s disappointing profits forecast lifted worry that fragility in the Computer […]
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Qualcomm profits and forecast come up light-weight as smartphone chip profits fall 25%
Qualcomm president and CEO Cristiano Amon speaks about Qualcomm’s know-how for automakers at a news conference all through CES 2022 in Las Vegas, Nevada, January 4, 2022. Steve Marcus | Reuters Qualcomm documented 3rd-quarter earnings on Wednesday that defeat Wall Avenue expectations, but revenue and steerage for the fourth quarter arrived up quick. Qualcomm inventory […]
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Veteran banker Jeffrey Schmid picked to lead Kansas Metropolis Fed
Key Points Schmid has held positions at the Federal Deposit Insurance plan Corporation and Mutual of Omaha Lender, which he helped create. Schmid will serve the remainder of George’s five-calendar year expression helming the Kansas Town Fed. Supply
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FDA warns some Tydemy birth control pills may not be effective, could result in unexpected pregnancy
Signage is seen outside the U.S. Food and Drug Administration headquarters in White Oak, Maryland, Aug. 29, 2020. Andrew Kelly | Reuters The U.S. Food and Drug Administration has warned that some Tydemy birth control pills may not be effective, several days after the manufacturer recalled two batches of the medication that were distributed in […]
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Humana calms Wall Street’s jitters with quarterly results, clearing way for stock to run higher
Humana (HUM) reported second-quarter results Wednesday that were much better than feared, sending its stock price soaring and giving us the confidence to stick with the jilted health insurer. Revenue for the three months ended June 30 rose 13% year-over-year, to $26.75 billion, exceeding analysts’ estimates of $26.23 billion, according to Refinitiv. Adjusted earnings-per-share (EPS) […]
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