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U.S. stocks traded mixed but mostly higher at midday Friday as crude oil retreated on hopes for an Iran-brokered reopening of the Strait of Hormuz, even as Treasury yields pushed toward their highest level since 2007 after this week's Trump-Xi trade summit. Washington and Beijing extended their trade truce without anno
Thermo Fisher Scientific Inc. (NYSE: TMO ) shares are trading higher Thursday, touching a fresh all-time high, extending gains built on a strong second-quarter earnings report and raised full-year guidance from July. Thermo Fisher Scientific shares are testing new highs. Why are TMO shares at highs? Thermo Fisher Touch
US consumer prices were slightly hotter than expected, with headline CPI rising 0.4% versus 0.4% consensus and core CPI up 0.3% versus 0.2% consensus. Fed fund futures were indicating about an 88% probability of a rate hike next week.
The article says Brent crude has again moved above $100 after the latest military action. It also cites renewed concerns over Gulf supply, strategic reserve drawdowns and rerouted flows.
U.S. stock futures were higher early Thursday after a pullback in the previous session, driven by Middle East tensions that pushed Brent crude past $101 per barrel and the 10-year Treasury yield to multi-year highs near 4.85%.As of 4:30 a.m. ET, Dow futures rose 0.4%, S&P 500 and Russell 2000 futur…
Oracle is set to report first-quarter results Thursday after the close, with analysts watching cloud growth, financing plans, OpenAI ties and data-center capacity against expectations for revenue of $19.14 billion and EPS of $1.74.
U.S. stocks fell Tuesday as crude oil extended higher, pushing the 10-year Treasury yield above 4.8% and reviving bets the Federal Reserve could raise rates next week. The Dow led declines, while Amgen was the biggest drag.
By Dan LamEquities ended last week little changed as the S&P 500 index edged up 0.1%, the Nasdaq Composite rose 0.4%, and the Dow Jones Industrial Average fell 0.3%.Stocks fell early in the week as sovereign bond yields reached more than 15-year highs in some countries including Germany, Japan, and…
Nvidia reported Q2 earnings of $2.22 a share versus $2.09 expected, with revenue of $96.2 billion versus $92.18 billion expected. It sees Q3 revenue of $108 billion, plus or minus 2%, and guided FY28 revenue growth to about 70%.
Citigroup analyst Tyler Radke kept a Buy rating on Oracle and set a $330 price target, with the call tied to a recent reset in investor expectations after a sharp summer sell-off.
The 30-year Treasury yield touched 5.33%, its highest since June 2007, while long-dated government yields also rose in Japan, Germany, France and the UK.
Mohamed El-Erian says the U.S. Treasury’s move to at least double liquidity-support buybacks for long-dated bonds is a short-term “Band-Aid,” while Treasury says the change runs Sept. 9 through Nov. 4.
US stocks extend losses on Tuesday, with the S&P 500 down 0.5%, the Nasdaq off 1.6% and the Dow down 150 points as long-term Treasury yields hit multi-year highs.
ORCL highs +3%
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks finished the week on a strong note, with the Dow Jones Industrial Average climbing to fresh record highs as investors rotated into industrials and other value-oriented sectors. The S&P 5
Credo Technology Group is emerging as a key player in the AI data-center interconnect cycle with a total addressable market expected to exceed $10 billion