Nasdaq Gains Over 100 Points; Jabil Posts Upbeat Earnings
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining over 100 points on Wednesday. Following the market opening Wednesday, the Dow traded up 0.09% to 51,398.68 while the NASDAQ rose 0.48% to 26,926.89. The S&P 500 also rose, gaining, 0.27% to 7,691.35. Leading and Lagging Sectors Information technology shares jumped by 0.9% on Wednesday. In trading on Wednesday, real estate stocks fell by 0.6%. Top Headline Jabil Inc (NYSE: JBL ) posted better-than-expected earnings for the fourth quarter. The company reported quarterly earnings of $4.40 per share which beat the analyst consensus estimate of $4.06 per share. The company reported quarterly sales of $10.616 billion which beat the analyst consensus estimate of $9.693 billion. Jabil said it sees FY2027 adjusted EPS of $17.55, versus market estimates of $16.80. The company sees sales of $44.500 billion versus expectations of $42.643 billion. Equities Trading UP NewGenIvf Group Ltd ( NASDAQ: NIVF ) shares shot up 201% to $0.22. NewGenIvf Group shares dipped 79% on Tuesday after the company announced it priced its $1.25 million public offering of 17,857,143 share or pre-funded warrants at $0.07 per share. Shares of Co
S. stocks traded higher this morning, with the Nasdaq Composite gaining over 100 points on Wednesday. 89. 35.
9% on Wednesday. 6%. Top Headline Jabil Inc (NYSE: JBL ) posted better-than-expected earnings for the fourth quarter. 06 per share.
693 billion. 80. 643 billion. 22.
07 per share. 64 after the company announced preliminary topline data from its global Phase 2 study evaluating rademikibart. 49. 0 million registered direct offering.
Equities Trading DOWN Darkiris Inc. AI global expansion and entertainment technology ecosystem. 08. 34 after the company announced topline results from the Pivotal Phase 3 TransportNPC™ Study of Trappsol Cyclo in Niemann-Pick Disease Type C (NPC).
00. 6425. Euro zone European shares were mixed today. 4%.
07%. 4%. 7% consensus. 3% forecast.
3%. 5%. S. private businesses added 90,000 jobs in September, above market estimates of 70,000, compared to a revised 36,000 gain in August.
S. 9 billion in the previous month. 2% month-over-month in August. S.
9%, in August. Photo via Shutterstock