Stock market today: Indexes end lower as tech slips and bond yields rise after PPI
Indexes dropped after wholesale inflation data. Adobe's sharp decline after earnings weighed on the Nasdaq, while Nvidia and Tesla shares also ended lower.
Indexes dropped after wholesale inflation data. Adobe's sharp decline after earnings weighed on the Nasdaq, while Nvidia and Tesla shares also ended lower.
Broadcom shares surged in extended trading Thursday after the chipmaker reported better-than-expected earnings and issued a rosy outlook amid robust AI sales growth. Monitor these important price levels.
Many Wall Street bears have retreated in the face of this year's blistering stock rally. The few that remain see a steep correction on the horizon.
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamPakistan Stock Exchange Ltd. is looking to give traders the option of settling futures de
Here's what could happen next to Amazon shares.
Bullishness is soaring as the market wraps up 2024. "It is reasonable to wonder who might be left to push the market higher."
"Either this time is different, or the US might just be slip-sliding into a profits crushing recession," SocGen's Albert Edwards said.
Indexes dipped slightly on Thursday, with the Nasdaq pulling back from records. A slightly hot PPI report didn't derail the outlook for a rate cut next week.
(Bloomberg) -- When the Tokyo Stock Exchange unveiled a campaign to whip poorly managed companies into shape two years ago, investors responded by piling into companies with the lowest valuations.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamThe investment thesis was that management could
Software giant Oracle (ORCL) naturally stole the spotlight after releasing its earnings results for its fiscal second quarter. It was a disappointing outing, with earnings per share of $1.47 missing the consensus target by a penny. Also, revenue of $14.06 billion fell short of the $14.10 billion that experts anticipated. Given the lackluster performance, there may be a natural tendency to consider shorting ORCL stock with the purchase of put options. With the broader tech sector having enjoyed r