HP Inc
10 things to watch in the stock market Friday including a bullish call on Best Buy
10 things to watch Friday, Sept. 27 1. The S & P 500 was looking at a slightly higher open Friday after another record high close. The 10-year Treasury yield was finally lower following a tame August reading on the Fed’s favorite inflation gauge, the PCE price index. With just a couple trading days left […]
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Stocks making the biggest moves premarket: Bristol-Myers Squibb, Costco, Super Micro Computer and more
Check out the companies making headlines in premarket trading: Bristol-Myers Squibb — The biopharmaceutical stock jumped 5.3% after the U.S. Food and Drug Administration approved Cobenfy as a treatment of schizophrenia for adults. It marks the first new type of treatment for the mental disorder in several decades. Novo Nordisk — U.S.-listed shares of the […]
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AI gadgets have been a bust so far. Apple aims to change that
Jaque Silva | SOPA Images | Lightrocket | Getty Images In late 2022, OpenAI’s launch of ChatGPT spurred an explosion of interest in the possibilities for artificial intelligence. Within months, some of the biggest tech companies in the world, including Microsoft, Meta and Google, joined the party, launching their own AI chatbots and generative AI […]
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Stocks making the biggest moves midday: Dollar General, Affirm, Best Buy and more
Check out the companies making headlines in midday trading. Dollar General – The discount retailer’s shares tumbled nearly 30% after the company slashed its sales and profit guidance for the full year. Dollar General CEO Todd Vasos said the softer sales trends are partially attributable to a core customer who feels “financially constrained.” The retailer […]
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Stocks making the biggest moves premarket: Nvidia, Salesforce, CrowdStrike, HP Inc. and more
Check out the companies making headlines in premarket trading. Nvidia — The chip designer and artificial intelligence bellwether slipped more than 4% despite surpassing Wall Street estimates on the top and bottom line in its fiscal second quarter. Nvidia earned 68 cents per share on revenue of $30.04 billion, while analysts polled by LSEG forecast […]
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Stocks making the biggest moves after hours: Nvidia, Salesforce, CrowdStrike, Affirm and more
Check out the companies making headlines in extended trading: Nvidia — The artificial intelligence chipmaker dropped 5% even after Nvidia beat expectations in its fiscal second-quarter results. Adjusted earnings per share of 68 cents exceeded the LSEG consensus estimate of 64 cents per share. Revenue of $30.04 billion exceeded the anticipated $28.7 billion. In the […]
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Stocks making the biggest moves midday: Advanced Micro Devices, HP, Sweetgreen and more
Check out the companies making headlines in midday trading. Advanced Micro Devices — The chipmaker’s stock gained more than 2%. Advanced Micro Devices announced plans to buy server builder ZT Systems in a cash-and-stock deal totaling $4.9 billion. HP — Shares slid more than 3% after Morgan Stanley downgraded the personal computing company to equal […]
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Stocks making the biggest moves premarket: AMD, Estée Lauder, Dutch Bros., HP and more
Check out the companies making headlines in premarket trading. AMD — Shares added nearly 3% before the opening bell following news that the semiconductor company would acquire ZT Systems in a $4.9 billion deal. Estée Lauder — The cosmetics stock pulled back 4% after the the company issued a disappointing first-quarter earnings and full-year outlook, […]
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Humane, the startup behind the AI Pin, in talks with HP, telecoms to sell
Humane, the AI hardware startup founded by ex-Apple designers, is seeking a buyer after its AI Pin’s lukewarm debut, according to a source familiar with the matter. The company is currently in talks with HP and other firms, including more than one telecom company, the source told CNBC. Humane has hired investment bank Tidal Partners […]
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Stocks making the biggest moves midday: Salesforce, Kohl’s, HP, Best Buy and more
Check out the companies making the biggest moves midday: Salesforce — The cloud software vendor tumbled 20.5% after reporting weaker-than-expected revenue and issuing guidance that fell short of Wall Street’s expectations. Its fiscal first-quarter revenue was $9.13 billion, versus the $9.17 billion expected from analysts polled by LSEG. It was the first time since 2006 […]
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