Stock Futures Indicate a Mixed Start for Wall Street
Stock futures are pointing to a mixed start for Wall Street on Thursday as investors continue to focus on commentary about interest rates from global central bankers. S&P 500 and…
Citi Upgrades HP Inc. Stock
Citi recently upgraded HP Inc. stock, joining BofA Securities in their positive outlook for the company's sales of personal computers and free cash flow. Asiya Merchant, an analyst at Citi,…
Warner Music Group Beats Earnings Expectations
Shares of Warner Music Group Corp. (WMG) surged 2.6% towards a nine-month high following their impressive fiscal fourth-quarter earnings results. The music recorder and publisher reported a net income of…
CrowdStrike Exceeds Expectations in Q3
CrowdStrike, a leading cybersecurity firm, impressed investors with its standout performance in the third quarter. The company reported a revenue of $786 million and an adjusted profit of 82 cents…
Uber Technologies to Join S&P 500 Index
An exciting announcement is expected on Friday, as Uber Technologies prepares to become part of the prestigious S&P 500 index. This comes as a result of the quarterly index rebalancing…
MicroStrategy Smashes Q1 Earnings Expectations, Riding on the Crypto Rally
MicroStrategy, a prominent business intelligence and software group, has continuously garnered attention as a proxy for Bitcoin due to its extensive holdings in the digital currency. The company's first-quarter earnings…
Another Year of Flip-Flopping Market Narratives
The U.S. stock market is bracing for what BlackRock calls "another year of flip-flopping market narratives." The recent decline in inflation could easily reverse course and catch investors off guard,…
Dow Inc. Reports Fourth Quarter Results
Dow Inc., a leading chemicals company, announced on Thursday that it has experienced a net loss of $105 million, equivalent to 15 cents per share, in the fourth quarter. This…
KLA’s Profit Falls in Fiscal Second Quarter
The fiscal second quarter proved challenging for KLA as the company faced a decline in demand. Despite this, the Milpitas, Calif.-based company, known for producing semiconductor industry equipment, recorded a…
Telia Co. Maintains Dividend as Earnings Meet Forecasts
Telia Co., the Swedish telecommunications operator, announced that it will maintain its dividend after reporting adjusted earnings that were in line with expectations. The company's telecommunications business experienced growth, while…
ArcelorMittal’s Strong Q4 Earnings Boost Shares
Shares of ArcelorMittal, the Luxembourg-based steelmaker, saw a boost as the company reported better-than-expected earnings for the fourth quarter. At 0934 GMT, shares traded 2.6% higher at EUR25.83, reaching a…
Cloudflare Reports Q4 2023 Results
Cloud-based services provider, Cloudflare, announced its impressive Q4 2023 results, which surpassed analysts' expectations. The company reported a narrowed loss of $27.9 million, or 8 cents per share, compared to…