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#Japanese and #Australian_stocks fell on Wednesday, leading losses across #Asia as fears of higher-for-longer #usa_interest rates grew before the conclusion of a #Federal_Reserve meeting later in the day. Most other markets in the region were closed for the Labor Day holiday, which also kept broader trading volumes largely muted. #Risk appetite was decidedly negative […]
#Super_Micro_Computer (NASDAQ:#SMCI) reported mixed results for the fiscal #Q3 #2024 and raised revenue outlook for the full year. Shares fell 2.7% in after-hours #trading. The company posted quarterly earnings per share (#EPS) of $6.65, beating the analysts’ expectations of $5.80. However, revenue came in at $3.85 #billion, notably below the consensus estimate of $3.99
#Super_Micro Computer raises 2024 revenue outlook after earnings beat, shares down : Read More »
#Amazon reported Tuesday first-quarter results that topped #Wall_Street estimates as better-than-expected performance in its cloud business underscored renewed cloud demand from the #artificial-intelligence boom. #Amazon_Inc (NASDAQ:#AMZN) rose more than 3% in afterhours #trading following the report. #Amazon reported Q2 EPS of $0.98 on revenue of $143.31 #billion, beating estimates of $0.84 on
#amazon Q1 results top estimates as cloud demand rides AI wave higher : Read More »
The S&P 500 fell Tuesday, snapping a five-month winning streak as data pointing to wage pressure stoked inflation concerns just as the #Federal_Reserve gets its two-meeting underway. At 16:00 ET (20:00 GMT), #Dow_Jones Industrial Average fell 570 points, or 1.1%, S&P 500 dropped 1.5%, while NASDAQ Composite fell 2%. The S&P 500 posted a
S&P 500 #snaps five month #win #streak as #losses pile up in : Read More »
#usa_stock futures inch down ahead of a fresh batch of corporate #earnings, including results from tech giant #Amazon (NASDAQ:#AMZN). #Paramount_Global (NASDAQ:#PARA) announces that Chief Executive #Bob_Bakish has stepped down even as talks continue over a possible merger between the entertainment group and #David_Ellison’s #SkyDance Media. #Meanwhile, #HSBC says that boss Noel Quinn will retire
#Amazon earnings ahead, #Paramount_CEO #Bakish #steps #down – what’s moving #markets : Read More »
#usa_stock futures slipped lower Tuesday, amid caution ahead of the start of the latest #Federal_Reserve policy-setting meeting. Here are some of the biggest premarket U.S. stock movers today: #Coca-Cola (NYSE:#KO) stock fell 0.2% despite the beverage giant reporting quarterly earnings and revenue that beat expectations, and raising its full-year outlook for organic revenue. That said, sales
#EliLilly, #3M, #PayPal rise premarket; #CocaCola, #Tesla, #McDonald’s #fall : Read More »
#usa_stocks ended higher on Monday, with sharp gains for #Tesla (NASDAQ:#TSLA) and #Apple (NASDAQ:#AAPL) leading the way, as #investors looked toward what the #Federal_Reserve would say about the interest rate outlook after its policy meeting this week. #Traders expected the Fed to keep rates unchanged while striking a hawkish tone. Tesla shares surged 15.3%,
#Wall_Street_stocks #finish #higher as #investors_focus on #Fed_moves : Read More »
#New #multi_strategy hedge fund #launches accounted for less than one in 10 of new funds in the first quarter, down from about one in four in the last quarter of 2023, according to #data provider Preqin, a sign that investors witnessing higher market volatility might be seeking less risky prospects. Launches for this kind
#Multi_strategy hedge fund #launches tumble in #first_quarter, says #Preqin : Read More »
#South_Korea’s #factory output fell in March by the most in 15 months, government data showed on Tuesday, missing #market expectations. The #industrial production index fell 3.2% from a month earlier on a seasonally adjusted basis, after a gain of 2.9% in February and compared with a rise of 0.6% tipped in a #Reuters_survey of
#South_Korea March #factory output #falls most in 15 #months : Read More »
#Amy_Wang was counting on a 100,000 #yuan ($13,800) subsidy promised by authorities in the eastern Chinese city of Weifang to fit and furnish an apartment she bought two years ago. Still waiting for the money, she is yet to move in. The 30-year-old now pays 6,000 yuan of her 8,000 monthly salary on the
Strained #Chinese_cities #struggle to #pay home buying #subsidies : Read More »