Nasdaq Surges Over 600 Points; Microsoft Shares Jump After Upbeat Q4 Results
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 600 points on Thursday. Following the market opening Thursday, the Dow traded up 0.69% to 51,951.16 while the NASDAQ surged 2.54% to 25,063.22. The S&P 500 also rose, gaining, 1.29% to 7,410.80. Leading and Lagging Sectors Information technology shares jumped by 5% on Thursday. In trading on Thursday, communication services stocks fell by 3.3%. Top Headline Shares of Microsoft Corp (NASDAQ: MSFT ) jumped around 15% on Thursday after the company reported better-than-expected fourth-quarter financial results. Microsoft reported fourth-quarter revenue of $90.01 billion, up 18% year-over-year. The revenue total beat a Street consensus estimate of $87.62 billion. The company reported quarterly earnings per share of $4.74, beating a Street consensus estimate of $4.24. Equities Trading UP Nuwellis (NASDAQ: NU...
S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 600 points on Thursday. 22. 80.
Leading and Lagging Sectors Information technology shares jumped by 5% on Thursday. 3%. Top Headline Shares of Microsoft Corp (NASDAQ: MSFT ) jumped around 15% on Thursday after the company reported better-than-expected fourth-quarter financial results. 01 billion, up 18% year-over-year.
62 billion. 24. 68 as the company announced acceptance of new single-center retrospective study in Frontiers in Pediatrics Journal. 16.
PN Smart Energy completed the acquisition of Nanjing Cesun Power. 51 after the company reported better-than-expected quarterly financial results. 09 after the FDA Advisory Committee voted against its Deramiocel, an investigational cell therapy for Duchenne muscular dystrophy (DMD). 59 after the biotechnology company priced a $20 million underwritten public offering of common stock and accompanying warrants.
50 after the company reported second-quarter results. 40. 4435. Euro zone European shares were higher today.
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S. 9% gain in May. S. initial jobless claims rose by 9,000 to 197,000 in the week ending July 25, compared to market expectations of 200,000.
S. 5% rise in May. S. 1%.
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