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News Digest /
Alex Vellor
Author: Alex Vellor
09:30am, Wednesday, Sep 04, 2024
Ralph Lauren's stock offers a 2.69% dividend yield, 16.78 PE ratio, and $10.77B market cap. Find out who should watch this stock in 2024.
08:58am, Wednesday, Sep 04, 2024
Dollar Tree (NASDAQ: DLTR) faces a 14% stock drop after poor quarterly results led to lowered annual forecasts, amid fierce competition from Walmart and Target. As restructuring continues, analyst caution grows regarding volatility in the discount retail sector.
08:49am, Wednesday, Sep 04, 2024
Super Micro Computer, Inc. (SMCI) shares fell 3% after Barclays downgraded the stock to equal weight, citing declining gross margins and customer attrition. Barclays set a new price target of $438, highlighting concerns over competition and internal controls.
08:42am, Wednesday, Sep 04, 2024
Wednesday Markets: The U.S. stock market falls with Nvidia and chip stocks leading the decline. Dollar Tree lowers its outlook, and Qualcomm introduces new AI-focused PC chips.
08:25am, Tuesday, Sep 03, 2024
S&P 500 closes August with gains amid market optimism. Analysts eye key jobs data for hints of Fed rate cuts. Read on for insights into market trends.
08:07am, Tuesday, Sep 03, 2024
Nokia (NYSE: NOK) secures a major fibre network deal with AT&T (NYSE: T), aiming to enhance broadband access in the U.S. Despite a recent profit decline, CEO Pekka Lundmark forecasts a strong rebound, supported by a $42 billion government initiative.
09:03am, Monday, Sep 02, 2024
This week’s financial highlights include key labor market data and earnings from major companies like Broadcom and Hewlett Packard. Investors anticipate the August jobs report.
05:55am, Monday, Sep 02, 2024
Oil prices stabilize as OPEC+ considers a 180,000 bpd production increase amid weak Chinese demand and market volatility. Brent near $76 and WTI around $73 reflect ongoing concerns about economic challenges and fuel consumption trends.
04:55am, Monday, Sep 02, 2024
The S&P 500 rises for the fourth month in a row. Focus shifts to key labor market data, with economists anticipating a slight drop in unemployment.
08:41am, Friday, Aug 30, 2024
Stock futures climb Friday as Intel reviews strategic options. Nasdaq heads for a down August, and Euro zone inflation hits a three-year low.
08:18am, Friday, Aug 30, 2024
Can AI predict the stock market? How to use it daily? Discover the answers with practical examples on integrating AI into your trading routine.
06:27am, Friday, Aug 30, 2024
Walt Disney (NYSE: DIS) and DirecTV are urgently renegotiating their distribution deal before it expires Sunday, risking access to Disney channels, including ESPN and ABC, for millions of subscribers. This reflects the broader trend of cable companies adapting to streaming demands amidst subscrib...
09:22am, Thursday, Aug 29, 2024
This stock shows dual golden star signals, 13.81% EBITDA growth, and a 5.5% pricing increase. Could it offer solid potential for long-term investors?
08:44am, Thursday, Aug 29, 2024
Stocks pull back as Nvidia disappoints despite strong earnings. Berkshire Hathaway hits $1 trillion market cap, while Super Micro faces financial issues.
