[BRIEFING.COM] S&P futures vs fair value: +35.00. Nasdaq futures vs fair value: +173.00. The S&P 500 futures are up 35 points and are trading 0.7% above fair value, the Nasdaq 100 futures are up 173 ...
Like Meta Platforms (META), which saw its stock dive lower yesterday after sharply raising its FY24 capex guidance, Google (GOOG) is ramping up its investments to build out its AI technologies, ...
You need a lot of computing power to get through this week's news flow, which is still flowing in a market-moving way. Yesterday was about Meta Platforms (META) and the Q1 GDP Report. Today is about ...
While KLAC is still facing a volatile demand environment in 2024, investors remain optimistic about a robust recovery in 2025. Management commented that given its conversations with customers, it ...
Microsoft (MSFT +3%) is trading higher after posting an impressive Q3 (Mar) report last night. The software giant reported its fifth consecutive double-digit EPS beat with nice revenue upside. The Q4 ...
Unlike in Q4, SNAP pounced on a healthy advertising market in Q1, expanding total revs by 20.9% yr/yr, a 16 pt jump over last quarter's growth, to $1.2 bln. To start 2024, SNAP was focused on ...
Shares of Whirlpool (WHR -11%) are sinking today despite the household appliance manufacturer beating Q1 earnings and revenue estimates and reiterating its FY24 financial targets. Given its ties to ...
IBM (IBM -9%) is trading sharply lower despite reporting a nice EPS beat and reaffirming its FY24 outlook for FCF at $12 bln and constant currency (CC) revenue growth in the mid-single digits.
[BRIEFING.COM] S&P futures vs fair value: -35.00. Nasdaq futures vs fair value: -175.00. The S&P 500 futures are down 35 points and are trading 0.7% below fair value, the Nasdaq 100 futures are down ...
Meta Platforms' (META) CEO Mark Zuckerberg is turning the page on the "year of efficiency", shifting the company back into the aggressive spending mode that sunk the stock in 2H21 and 2022. The ...
Lam Research (LRCX +2%) tacks on modest gains today following its impressive outperformance in Q3 (Mar), topping earnings and revenue estimates handily. The wafer fab equipment (WFE) supplier also ...
[BRIEFING.COM] Things are little changed at the index level recently. Mega cap stocks and semiconductor-related shares continue to outperform the broader market, but stocks from the spaces have pulled ...