Day: January 30, 2025
Nasdaq 100 futures rise after Apple earnings; investors await inflation data: Live updates
Traders work at the New York Stock Exchange on Jan. 30, 2025. NYSE Stock futures edged higher Thursday night as investors analyzed earnings reports from Apple and other well-known companies ahead of the release of a closely followed inflation report. Futures tied to the S&P 500 ticked higher by 0.2%, while Nasdaq 100 futures gained […]
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Instagram tests Reels pause feature as TikTok remains in limbo
Nurphoto | Nurphoto | Getty Images Meta is testing a long-awaited pause feature on Instagram Reels that will allow users to start and stop videos with just one tap. The new feature is the latest sign that Meta is looking to capitalize on TikTok’s uncertain future in the U.S. after it briefly went dark earlier […]
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FDA approves Vertex’s non-opioid painkiller, first new kind of pain medicine in decades
A sign hangs in front of the world headquarters of Vertex Pharmaceuticals in Boston. Brian Snyder | Reuters The Food and Drug Administration on Thursday approved Vertex Pharmaceuticals’ non-opioid painkiller pill, a new alternative for pain relief that comes without the risk of addiction. Vertex is now the first drugmaker in decades to gain U.S. […]
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Apple’s gross margin hits record as services business keeps growing
Omar Marques | Lightrocket | Getty Images Apple is struggling to squeeze growth out of its flagship iPhone unit, but its profit margin keeps going up thanks to a flourishing services business. In its fiscal first-quarter earnings report on Thursday, Apple reported a gross margin — the profit left after accounting for the cost of […]
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Stocks making the biggest moves after hours: Apple, Intel, Atlassian, Deckers and more
Check out the companies making headlines in after-hours trading: Apple — Shares slipped 1% as investors parsed the personal technology giant’s earnings report. While the company beat expectations for the fiscal first quarter on both lines, closely followed iPhone revenue came in below Wall Street’s forecast. Intel — Shares rose 1.4% after the chipmaker beat […]
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D.A. Davidson tech analyst discusses megacap stocks making headlines this week
After a storm of technology news and earnings this week, D.A. Davidson’s Gil Luria suggests ways to play key names in the sector. The firm’s head of technology research joined CNBC’s “Three-Stock Lunch” segment on Thursday to break down his views on Microsoft , Apple and Nvidia . Microsoft and Apple are reporting results this […]
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Intel issues weak forecast, citing seasonality and an uncertain economy
Michelle Johnston Holthaus, Intel’s co-CEO and then executive vice president and general manager of the company’s Client Computing Group, holds a Intel Core Ultra processor as she speaks during the Intel AI Everywhere event in New York on Thursday, Dec. 14, 2023. Victor J. Blue | Bloomberg | Getty Images Intel issued disappointing quarterly guidance […]
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Utilities have surged over the past 12 months. How the search for dividends on the cheap has changed
Utilities – once a sleepy corner of the stock market – have been surging over the past year, but the sector’s success may complicate the search for cheap dividend-paying names. The Utilities Select Sector SPDR Fund (XLU) is up 26% over the past 12 months, lifted by excitement around the companies’ role powering the boom […]
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OpenAI in talks to raise funding that would value AI startup at up to $340 billion
Key Points OpenAI is in talks to raise new capital at a valuation of up to $340 billion valuation, CNBC has confirmed SoftBank would contribute $15 billion to $25 billion of the roughly $40 billion being invested. OpenAI faces growing competition in the generative artificial intelligence market, including from China’s DeepSeek. Source
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These stocks reporting earnings next week typically beat analyst estimates
A handful of stocks that are set to release earnings have a track record of beating Wall Street estimates. So far, 113 companies in the S & P 500 index, or roughly 22% of the total, have reported earnings for the December quarter as of Wednesday. Collectively, companies have so far posted earnings growth of […]
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