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Continue ReadingThese companies allow investors to profit from a high-growth industry and potential dividend reinvestment...
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Continue ReadingU.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains, as investors cheered the Federal Reserve sticking to its rate-easing stance and awaited commentary from Chair Jerome Powell later in the day. All three main U.S. indexes hit fresh record closing highs in the previous session as chip stocks rallied after Micron Technology's upbeat forecast and the Fed signaled it was still on track for three interest-rate cuts this year...
Continue ReadingIt's a rough day for two athletic retail companies. Nike's (NKE) fiscal third quarter earnings and revenue topped expectations, but a weak outlook and slowing sales in China are spooking investors. Lululemon (LULU) shares are also falling this morning after the athleisure brand reported fiscal fourth quarter earnings. While earnings and revenue topped estimates, the company's guidance fell short of expectations. Social media company Reddit (RDDT) is entering its second day as a public company following a successful IPO. After pricing at $34/share, Reddit popped nearly 50% yesterday, closing the day at over $50/share. Yahoo Finance trending tickers include FedEx (FDX), Apple (AAPL), and SoundHound AI (SOUN). Key guests include:9 a.m, ET - Aneesha Sherman, Bernstein Senior Analyst10:30 a.m. ET - Pat Gelsinger, Intel CEO10:45 a.m. ET - Robert Mitchnick, BlackRock Head of Digital Assets11:40 a.m. ET - Hunter Horsley, Bitwise Asset Management Co-Founder & CEO...
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Continue ReadingTesla stock was falling Friday amid more bad news from China that has investors worried about electric-vehicle demand—again. Slowing EV demand growth, leading to lower delivery and earnings estimates from Wall Street, have weighed on investor sentiment...
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Continue ReadingFutures rose slightly early Friday with FedEx set to break out. Lululemon and Nike are earnings losers, with Tesla falling on China woes...
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