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BlackBerry reports fiscal second-quarter earnings per share of 7 cents from sales of $163.3 million. Wall Street was looking for 4 cents and $142.5 million, respectively.
If you want to know what's going on in the stock market any given day, the answer of late has overwhelmingly been: the bond market. The Nasdaq Composite was down 0.1%. All three major indexes were faring far better until bond yields and oil prices took a chunk out of stocks.
Forgent stock had a successful IPO, but the AI infrastructure stock is down sharply ahead of its upcoming earnings report.
Planet Labs reported fiscal second-quarter sales of $116.1 million Thursday afternoon. Wall Street was looking for $104.5 million.
Planet Labs reported fiscal second-quarter sales of $116.1 million Thursday afternoon. Wall Street was looking for $104.5 million.
While Broadcom and Hewlett Packard Enterprise posted disappointing results, sending shares lower overnight, Dell shares surged after blockbuster results.
The Dow Jones and Nasdaq 100 fell below their 50-day lines as oil prices jumped. Dell, Palo Alto and Credo were earnings movers late.
Nvidia Stock Leads Tech Rally After Results and Guidance Beat Forecasts
Growth and value stocks were neck and neck yesterday, but Nvidia’s earnings has Wall Street picking a favorite again. The iShares Russell 1000 Growth ETF was up 1.4%, while the Invesco S&P 500 High Beta ETF was up 0.4%. On the flip side, the value-focused and low-volatility counterparts of both indexes were down on the day.
futures were stronger, up 1%, thanks to Nvidia’s strong quarterly results. Nvidia stock rose nearly 7% in premarket trading after better-than-expected earnings and strong guidance. Wednesday evening, Nvidia reported second-quarter earnings per share of $2.22, better than the $2.09 Wall Street expected.
SpaceX. tock rose early Thursday, helped, like much of the market, by Nvidia’s earnings. Shares of Elon Musk’s rocket and AI company rose 0.6% to $140.47 in premarket trading, while futures were up 0.4% and futures were down 0.1%. futures were the strongest, up 1%, thanks in part to Nvidia’s strong quarterly results.
Shares of Elon Musk’s rocket and AI company rose 0.6% to $140.47 in premarket trading, while futures were up 0.4% and futures were down 0.1%. futures were the strongest, up 1%, thanks in part to Nvidia’s strong quarterly results. Nvidia stock rose nearly 7% in premarket trading after better-than-expected earnings and strong guidance.
Nasdaq 100 and S&P 500 futures jumped Thursday as AI-tied shares surged following a blowout earnings report from chipmaking giant Nvidia.
U.S. tech futures jumped after Nvidia’s bumper earnings and software shares surged premarket after earnings quieted investor pessimism on the sector.
Stocks looked set to rally on Thursday after chip maker Nvidia’s solid second-quarter earnings helped breathe some life back into the artificial-intelligence trade. S&P 500 futures rose 0.5%. Nasdaq 100 futures jumped 1.
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
A late-afternoon recovery fell short for the S&P 500 ahead of a major earnings test for the AI stock rally. The Nasdaq Composite was down 0.1%. An eclectic mix of moment, growth, quality, value, and risk stocks helped propel the market on an otherwise rudderless day.
The company posted second-quarter Ebitda of $315.5 million. Wall Street was looking for $297 million.
Stock futures were heading for a negative open early Wednesday ahead of crunch earnings from chip maker Nvidia that will give a steer on artificial intelligence spending—a major headache for markets. Nvidia will report after trading closes today.
Dow Jones AI giant Nvidia stock is trying to find support at a key level. Nvidia earnings are due Wednesday after the close.
Bitcoin crossed above $80,000 as U.S. stock futures pointed higher after a tech-led slide on Monday
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