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Alex Vellor
Author: Alex Vellor
09:00am, Wednesday, Jul 17, 2024
Johnson & Johnson (NYSE: JNJ) surpasses Q2 estimates with $2.82 EPS and $22.45B revenue, raising the full-year 2024 outlook. Shares rise 2.1% on strong performance.
08:32am, Wednesday, Jul 17, 2024
Explore Onto Innovation's (NYSE: ONTO) stock performance, financial health, and potential as a strong momentum play in the semiconductor industry.
07:51am, Wednesday, Jul 17, 2024
Essential insights for Wednesday: Dow hits record highs, rate cut anticipated, Amazon Prime Day sales surge, and crude prices rise due to tight U.S. supplies.
03:26am, Wednesday, Jul 17, 2024
UK inflation remains steady at 2.0%, dampening hopes for a Bank of England rate cut next month. Key inflation drivers include rising hotel prices and steady services inflation at 5.7%. Rate futures now show a diminished one-in-three chance of a rate cut.
10:02am, Tuesday, Jul 16, 2024
U.S. stocks climbed Tuesday, buoyed by optimism over possible rate cuts despite stagnant June retail sales. Dow gained 235 points, S&P 500 up by 18 points, and NASDAQ rose 70 points. Bank of America shares surged 3% on strong earnings, while Morgan Stanley and Charles Schwab dipped. Match Group j...
09:53am, Tuesday, Jul 16, 2024
Morgan Stanley (NYSE: MS) beats Q2 earnings and revenue estimates, driven by strong trading and investment banking performance, despite wealth management challenges.
04:03am, Tuesday, Jul 16, 2024
Analysts anticipate Interactive Brokers (NASDAQ: IBKR) Q2 earnings of $1.69 per share, reflecting a 28% increase YoY. Key metrics and forecasts analyzed.
09:18am, Monday, Jul 15, 2024
Discover why this stock is worth watching for value investors, boasting a Golden Star Signal and strong growth potential.
08:50am, Monday, Jul 15, 2024
Dow surpasses 40,000, Google considers a major acquisition, earnings season heats up, and crude prices dip on weak Chinese data in Monday's market recap.
07:28am, Monday, Jul 15, 2024
BlackRock (BLK) hits an unprecedented $10.65 trillion in AUM, driven by ETF inflows and bullish market sentiment. Q2 highlights include an 8% revenue jump to $4.81 billion and $81.57 billion in net inflows. Shares rose 1.2% pre-market.
08:59am, Friday, Jul 12, 2024
Lufthansa (ETR: LHAG) slashed its 2024 EBIT forecast to €1.4-1.8 billion from €2.2 billion due to weaker airline performance, causing shares to dip 2.74% to €5.63. Q2 2023 adjusted EBIT fell to €686M from €1.1B, driven by lower average revenues, notably in Asia.
08:54am, Friday, Jul 12, 2024
Citi (NYSE: C) reported a robust second quarter, with investment banking revenue surging 60% and total revenue rising 4% to $20.1 billion, driven by gains from Visa stock sales. Net earnings reached $3.2 billion or $1.52 per share, up from $2.9 billion last year. CEO Jane Fraser's reform plan aim...
08:21am, Thursday, Jul 11, 2024
Thursday markets: S&P 500 reaches new high led by chip stocks, Costco (COST) increases membership fees, and PepsiCo (PEP) underperforms on Q2 revenue.
