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Stocks Pause On Dismal Consumer Confidence; Yields, Dollar Rise As Inflation Expectations Kick Higher, Bitcoin Sinks: What's Driving Markets Friday? (CORRECTED)
Editor’s note: This story has been updated to correct an error in the price action of Charter Communications stock.
Victoria's Secret Surprises with Preliminary Q1 Results: CEO Bullish Amid Tough Retail Climate
Victoria's Secret reported strong first-quarter FY24 preliminary results with adjusted EPS of $0.07-$0.12, sales growth of (3%)-(4%), and reaffirmed FY24 revenue outlook of $6 billion.
NCR Voyix Q1 2024: Mixed Bag With Revenue Dip, Profit Beat
NCR Voyix Corp reports 6% decline in Q1 FY24 revenues to $862M, surpassing consensus. Software & Services revenue grows 2%. Outlook reiterated.
SolarEdge's Q1 Results Cast Shadow With Revenue Decline, But CEO Remains Optimistic
SolarEdge Technologies, Inc. (NASDAQ: SEDG) announced its first quarter FY24 results, with revenues of $204.4 million and a net loss of $(1.90) per share. The company also repurchased shares and expects improvement in revenues as installations increase and new products are released.
Stocks Falter As Fed Signals Need For Higher-For-Longer Rates; Uber Crashes, Energy Sector Loses Ground: What's Driving Wednesday's Market?
Wednesday witnessed a tempering of the bullish sentiment that had buoyed Wall Street in recent sessions, with major indices showing slight declines around midday trading in New York.
Biden Administration Tightens Grip On China's Huawei, Revokes Key Export Licenses From US Chipmakers
The Biden admin revoked export licenses to Intel and Qualcomm, escalating US efforts to curb Huawei's tech ascent due to national security concerns.
Stocks On Track For Third Green Session, Palantir Ignites Rally In Chipmakers, Commodities Rebound: What's Driving Markets Monday?
The stock market is poised to mark a third consecutive session of gains, with major indices all trading in the green during midday trading in New York on Monday, as traders continue to react positively to quarterly earnings and the Federal Reserve’s unexpectedly dovish stance
Electric Services Company ALLETE Going Green And Private: Details
ALLETE to be acquired by CPP Investments and GIP for $6.2 billion. Deal expected to close mid-2025.
Stocks Rally As Jobs Report Rekindles Rate Cut Hopes, Apple Rockets, Bitcoin Soars Above $61,000: What's Driving Markets Friday?
A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year.
Organon Beats On Q1, Women's Health Leads the Charge
Organon reported 5% increase in Q1 2024 revenue of $1.622 billion, beating consensus. EPS of $1.22 and dividend of $0.28 declared.
April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market
Performance in April 2024: Utilities lead, real estate lags. S&P 500, Nasdaq 100, Dow Jones Industrial Average, small-cap and large-cap indices all decline.
Stocks Dive On Fears Of Hawkish Fed; Treasury Yields Rise, Bitcoin Tumbles To $60,000: What's Driving Markets Tuesday?
Investor apprehension grips Wall Street with major indices showing midday losses on Tuesday in New York trading, ahead of the Federal Reserve’s potentially hawkish pivot in Wednesday’s meeting.
US Home Prices Rocket In February For Strongest One-Month Increase In 2 Years: Real Estate Stocks React
Home prices defied high mortgage costs and surpassed expectations with a 1.2% month-over-month growth, the largest increase since Apr 2022.

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