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Page 11 - Wall Streets

Boeing surprises with positive cash flow in Q2 but misses estimates

Boeing Co. reported a $193 million profit for shareholders in the second quarter, but the results fell short of Wall Street targets for earnings and revenue as its defense business weakened

Boeing surprises with positive cash flow in Q2 but misses estimates
Updated On : 27 Jul 2022 | 8:03 PM IST

Wall Street: Tesla keeps Nasdaq afloat, AT&T forecast weighs on S&P 500

Tesla shares rise as profit tops expectations; airlines slide after United, American report earnings; energy stocks lead sectoral declines

Wall Street: Tesla keeps Nasdaq afloat, AT&T forecast weighs on S&P 500
Updated On : 21 Jul 2022 | 10:17 PM IST

Netflix faces tough road ahead despite low second-quarter subscriber loss

Netflix Inc may have calmed investors' worst fears with a second-quarter subscriber loss that was better than expected

Netflix faces tough road ahead despite low second-quarter subscriber loss
Updated On : 21 Jul 2022 | 9:30 AM IST

Netflix is in rough shape. Q2 earnings will determine its future: Report

Netflix, once a darling of Wall Street, is suddenly on the ropes, media reports said.

Netflix is in rough shape. Q2 earnings will determine its future: Report
Updated On : 17 Jul 2022 | 10:33 PM IST

Wall Street week ahead: Recession fears loom over US value stocks

BofA Global Research on Thursday cut its year-end target price for the S&P 500 to 3,600 from 4,500 previously and became the latest Wall Street bank to forecast a coming recession

Wall Street week ahead: Recession fears loom over US value stocks
Updated On : 17 Jul 2022 | 6:46 PM IST

JPMorgan, Morgan Stanley earnings bode badly for Wall Street dealmakers

Both lenders attributed the slump to the challenging macroeconomic environment, including soaring volatility sparked by the conflict in Ukraine

JPMorgan, Morgan Stanley earnings bode badly for Wall Street dealmakers
Updated On : 14 Jul 2022 | 10:25 PM IST

Cloudy valuations give investors pause in buying beaten-up US stocks

Market volatility and a rapidly changing macroeconomic landscape have clouded metrics that investors typically use to value stocks

Cloudy valuations give investors pause in buying beaten-up US stocks
Updated On : 19 Jun 2022 | 7:07 PM IST

Wall Street slips heading into Fed's big rate decision; FedEx, Oracle rise

FedEx jumps after lifting quarterly dividend by more than 50%; Oracle rises as sales, profit top estimates on cloud boom; Continental Resources jumps on buyout proposal from founder

Wall Street slips heading into Fed's big rate decision; FedEx, Oracle rise
Updated On : 14 Jun 2022 | 10:50 PM IST

Charles Schwab subsidiaries to pay $187 mn to settle US SEC charges

SEC slams 'egregious' allocations of customer money that extracted 'hidden costs'

Charles Schwab subsidiaries to pay $187 mn to settle US SEC charges
Updated On : 13 Jun 2022 | 11:38 PM IST

Markets tumble worldwide, bear market growls on Wall St; Dow falls 738 pts

Wall Street is tumbling even more Monday, sending the S&P 500 down more than 20% from its record, on worsening fears about a possible recession given how stubborn inflation has become. The S&P 500 was 3.3% lower in investors' first chance for trading after getting the weekend to reflect on the stunning news that inflation is getting worse, not better. The Dow Jones Industrial Average was down 738 points, or 2.4%, at 30,653, as of 10:30 a.m. Eastern time, and the Nasdaq composite was 3.9% lower. The center of Wall Street's focus was again on the Federal Reserve, which is scrambling to get inflation under control. Its main method is to raise interest rates in order to slow the economy, a blunt tool that risks a recession if used too aggressively. Some traders are even speculating the Fed on Wednesday may raise its key short-term interest rate by three-quarters of a percentage point. That's triple the usual amount and something the Fed hasn't done since 1994. Traders now see a ...

Markets tumble worldwide, bear market growls on Wall St; Dow falls 738 pts
Updated On : 13 Jun 2022 | 10:46 PM IST

Wall St slips 1% as strong factory data fans fears of aggressive rate hikes

Salesforce, Capri Holdings rise after lifting profit outlook; US 10-year Treasury yields spike to two-week high

Wall St slips 1% as strong factory data fans fears of aggressive rate hikes
Updated On : 01 Jun 2022 | 11:06 PM IST

Wall Street bounces back on boost from banks, Apple; Dow rises over 2%

Major indexes are opening broadly higher on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020. The S&P 500 is up 0.9% in the early going. The tech-heavy Nasdaq is up 0.6% and the Dow Jones Industrial Average climbed 1%. European markets were also higher and Asian markets closed mixed overnight. Treasury yields are slightly higher. The yield on the 10-year Treasury note, which helps set mortgage rates, rose to 2.81%.Ware soared following a report that chipmaker Broadcom is in talks to buy it. Wall Street pointed toward gains before markets opened Monday after dipping close to the edge of a bear market to close the week Friday. Futures for the Dow Jones Industrials rose 1% and the S&P 500 climbed 1.1% in premarket trading. Benchmarks rose in Frankfurt, London and Tokyo and fell in Paris and Hong Kong. Oil prices also gained. Yet it has been a brutal stretch for major markets in the U.S. and globally. On Friday the ...

Wall Street bounces back on boost from banks, Apple; Dow rises over 2%
Updated On : 23 May 2022 | 10:05 PM IST

Wall Street rallies as growth stocks rebound, Twitter falls; Dow up 370 pts

Growth stocks such as Apple Inc, Google-owner Alphabet Inc, Amazon.com and Nvidia Corp gained between 2.2% and 6.5% after falling for most of the week.

Wall Street rallies as growth stocks rebound, Twitter falls; Dow up 370 pts
Updated On : 13 May 2022 | 8:19 PM IST

S&P 500, Dow up after inflation data, Nasdaq falls on rate hike worries

US consumer prices slow in April; inflation still high; Coinbase falls on Q1 revenue slump, net loss

S&P 500, Dow up after inflation data, Nasdaq falls on rate hike worries
Updated On : 11 May 2022 | 10:17 PM IST

Wall Street set to open higher, oil prices extend losses for second day

European stock indexes rose on Tuesday as risk appetite showed some signs of picking up again after Monday's sharp falls, but fears over economic growth still weighed on markets

Wall Street set to open higher, oil prices extend losses for second day
Updated On : 10 May 2022 | 5:04 PM IST

Wall Street tumbles again as strong jobs growth fuels rate hike fears

The Dow Jones Industrial Average was down 375.98 points, or 1.14%, at 32,621.99

Wall Street tumbles again as strong jobs growth fuels rate hike fears
Updated On : 07 May 2022 | 12:43 AM IST

US economy shrinks by 1.4% in Q1 amid Omicron variant surge

The latest data marks the economy's first contraction since the Covid-19 pandemic impacted the country in early 2020, Xinhua news agency reported

US economy shrinks by 1.4% in Q1 amid Omicron variant surge
Updated On : 29 Apr 2022 | 9:37 AM IST

US stocks mixed as Nasdaq drags on Wall Street, bond yields dip

The Dow Jones Industrial Average ended higher for the second straight day, the S&P 500 was flat, and the Nasdaq Composite fell sharply after Netflix reported it had lost subscribers for the first time

US stocks mixed as Nasdaq drags on Wall Street, bond yields dip
Updated On : 21 Apr 2022 | 6:24 AM IST

Stocks slide, commodities spike as Ukraine war shakes markets

The major U.S. stock indices declined less as Europe's dependence on Russian energy and its proximity to Ukraine has slammed the continent more than other parts of the globe

Stocks slide, commodities spike as Ukraine war shakes markets
Updated On : 05 Mar 2022 | 2:25 PM IST

Wall Street drops as Ukraine worries intensify; Dow falls 300 points

The S&P 500 lost 53.36 points, or 1.24%, to 4,251.4 and the Nasdaq Composite dropped 234.72 points, or 1.75%, to 13,146.79

Wall Street drops as Ukraine worries intensify; Dow falls 300 points
Updated On : 24 Feb 2022 | 2:26 AM IST