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Forget the ‘Magnificent 7,’ buy these high-quality alternatives instead, Piper Sandler says
While the “Magnificent Seven” helped lead the market higher in 2024, accounting for more than half the S & P 500’s 23.3% gain, there are some stocks investors should eye for 2025 instead, according to Piper Sandler. “Even though the Magnificent 7 are some of the most successful companies in the world, they don’t outperform […]
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Stocks making the biggest moves midday: Hanesbrands, Reddit, Nvidia, Applovin and more
Check out the companies making headlines in midday trading. Robinhood – Shares of the digital trading platform jumped 11% following its stronger-than-expected fourth-quarter revenue. Robinhood reported revenue of $1.01 billion in the period, topping the consensus estimate of $944.6 million from analysts surveyed by LSEG. Hanesbrands – The apparel stock fell around 18% after fourth-quarter […]
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OpenAI partners with U.S. National Laboratories on scientific research, nuclear weapons security
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. Carlos Barria | Reuters OpenAI on Thursday said the U.S. National Laboratories will be using its latest artificial intelligence models for […]
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Stocks making the biggest moves midday: General Motors, Lockheed Martin, Nvidia and more
Check out the companies making headlines in midday trading: JetBlue — Shares plunged 26% after the airline shared a disappointing cost outlook . JetBlue estimated that its unit costs, excluding fuel, could rise as much as 7% year over year in 2025 and 10% year over year for the first quarter. Despite this, JetBlue beat […]
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Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history
Nvidia CEO Jensen Huang holds a Blackwell GeForce RTX 50 Series GPU (L) and a RTX 5000 laptop as he delivers a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia lost close to $600 billion in market cap […]
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Stocks making the biggest moves midday: Lululemon, Hewlett Packard Enterprise, Rubrik, AMC Entertainment and more
Check out the companies making headlines in midday trading: Lululemon — The athleisure retailer soared more than 18% after topping Wall Street’s estimates for the fiscal third quarter and issuing in-line guidance for the holiday season. Petco — Shares jumped more than 16.7% after the pet retailer reported a smaller-than-expected loss for the third quarter. […]
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Stocks making the biggest moves after hours: Ulta Beauty, GitLab, Lululemon, DocuSign and more
Check out the companies making headlines in after-hours trading. Ulta Beauty – The beauty retailer jumped 12% after posting beats on the top and bottom lines in the fiscal third quarter. Ulta reported earnings of $5.14 per share on revenue of $2.53 billion. That topped analysts’ forecast for earnings of $4.54 per share and revenue […]
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Stocks making the biggest moves premarket: American Eagle Outfitters, Five Below, MicroStrategy & more
Check out the companies making headlines before the bell. American Eagle Outfitters — Shares of the apparel retailer sank nearly 14% on disappointing holiday guidance . For the period, American Eagle Outfitters expects comparable sales to rise 1% and total sales to decline 4%. That’s below the 2.2% comparable sales growth expected by StreetAccount. Five […]
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Stock futures are little changed after S&P 500, Nasdaq notch new closing highs: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on November 26, 2024 in New York City. Michael M. Santiago | Getty Images U.S. stock futures were relatively unchanged on Wednesday night following a record day for stocks. Futures tied to the Dow Jones Industrial Average fell 18 points, or […]
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HP forecasts Q1 profit below estimates on sluggish demand in PC market
A sign is posted in front of a Hewlett-Packard (HP) office on May 29, 2024 in Palo Alto, California. Justin Sullivan | Getty Images HP forecast its first-quarter profit below Wall Street expectations on Tuesday, in a sign of persistent choppiness in demand in the personal computers market. PC makers have seen demand retreat from […]
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