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Micron Earnings Ahead Please click here for an enlarged chart of Micron Technology Inc (NASDAQ: MU ). Note the following: This article is about the big picture, not an individual stock. The chart of MU stock is being used to illustrate the point. The chart shows that leading up to last quarter’s release, MU stock ran i
The S&P 500 is hovering near a record, but Michael Burry is struggling to dismiss a warning from fellow market bear Peter Schiff that the strength may be masking weakness underneath. Schiff recently pointed out on Substack that while the S&P 500 was just 0.7% below its record, 430 of its stocks were, on average, 21.7%
U.S. stocks look set for a positive opening on Friday, with futures of the Dow Jones, S&P 500 and Nasdaq Composite rising, after closing Thursday on a mixed note. Contributing to the optimism are comments from Iranian Foreign Minister Abbas Araghchi, who proposed to reopen the Strait of Hormuz and resume talks on a nuc
Good Morning Traders! Today’s economic calendar remains relatively limited, with the primary focus on the September Preliminary S&P Global Manufacturing, Services, and Composite PMIs at 9:45AM ET. These reports should provide the cleanest fresh read on current business activity across both the manufacturing and service
The national average price of a gallon of diesel has hit a record $6.51, while gasoline remains near historic highs. Yet, the U.S. economy does not seem to care. • State Street SPDR S&P 500 ETF Trust stock is moving in positive territory. Why are SPY shares climbing? The Federal Reserve Bank of Atlanta’s GDPNow model e
After the producer price index release, fed fund futures were indicating about a 70% probability of a rate hike next week. Headline PPI was 0.4% versus 0.4% consensus, while core PPI was 0.2% versus 0.3% consensus.
Mohamed El-Erian said global government-bond yields may keep rising as traditional buyers, including China, Japan and Gulf investors, pull back from U.S. Treasuries.
Broadcom is set to report third-quarter results Wednesday after the close, with analysts expecting revenue of $29.36 billion and EPS of $3.24. Investors are watching AI semiconductor revenue, VMware integration and guidance.
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%.
QQQ SPY down move from highs
Moderna and Merck say their personalized mRNA cancer vaccine intismeran with Keytruda met key endpoints in a Phase 3 melanoma trial, cutting recurrence and distant metastasis versus Keytruda alone.
U.S. stock futures trade lower as geopolitics intensify after President Donald Trump rejects extending a temporary ceasefire with Iran, while Brent crude holds above $91 and Treasury yields stay elevated.
Applied Materials is expected to report Q3 revenue of $9.00 billion and EPS of $3.39
Technology giant Alphabet Inc (NASDAQ: GOOG ) (NASDAQ: GOOGL ) is one of the larger companies to report quarterly financial results this week with an earnings report coming Wednesday after market close. Here are the earnings estimates, what experts are saying ahead of the report and the key items to watch. Alphabet Q2
U.S. stock futures advanced on Monday, as the Dow Jones, Nasdaq 100, and S&P 500 indices rose, following Thursday’s mixed close. The positive moves followed a long Independence Day weekend, which saw the Nasdaq Composite move down amid a decline in semiconductor stocks, even while the Dow Jones index surged to record h
As America approaches its 250th birthday, the Dow Jones Industrial Average — the oldest U.S. stock market index — capped a holiday-shortened week at fresh record highs, surpassing 52,500 points on Thursday. The rally reflected a great rotation from AI capex names into the blue-chip industrials, benefiting from that sam
The UK economy has largely failed to experience a post-Brexit boost, with GDP reduced by 6-8% and the pound yet to regain its pre-referendum highs
The UK economy and politics have undergone significant changes since the Brexit vote 10 years ago, with the country's GDP reduced by 6-8% and the value of sterling still below pre-referendum highs
The UK economy has largely failed to experience a post-Brexit boost after upending ties with its largest trading partner, with Brexit estimated to have reduced the UK's GDP by 6-8% by 2025