The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
wall street drifts as investors await key inflation data
Wall Street remained quiet as investors awaited key inflation data, with the S&P 500 unchanged and the Dow Jones down 139 points. Oracle's stock fell 9.2% after disappointing growth results, while Alaska Air Group surged 12.2% on strong holiday demand forecasts. Treasury yields rose slightly ahead of upcoming inflation reports, as the Federal Reserve prepares for its next meeting amid ongoing interest rate cuts.
US stocks opened mixed, with the Nasdaq gaining 0.42% driven by a 4.7% rise in Google after its new quantum computing chip announcement. The Dow fell 0.33%, while Oracle's shares dropped 8.4% due to disappointing quarterly profits. Alaska Air Group surged 14% on a positive earnings outlook, and Boeing rose 2.8% after resuming 737 MAX production.
wall street drifts as investors await key inflation data
Wall Street remained quiet as investors awaited key inflation data, with the S&P 500 unchanged and the Dow Jones down 139 points. Oracle's stock fell 9.2% after disappointing growth results, while Alaska Air Group surged 12.2% on a positive profit forecast. Treasury yields edged higher ahead of upcoming inflation reports, influencing expectations for the Federal Reserve's interest rate decisions.
Wall Street drifts as investors await key inflation data updates
Wall Street remained quiet as investors awaited inflation data, with the S&P 500 unchanged and the Dow Jones down 139 points. Oracle's stock fell 9.2% after disappointing growth, while Alaska Air Group surged 12.2% on a positive profit forecast. Treasury yields edged higher ahead of key inflation reports, as the Federal Reserve prepares for a potential interest rate cut.
wall street drifts as investors await key inflation data
Wall Street remained subdued as investors awaited key inflation data, with the S&P 500 nearly unchanged. Oracle's stock plummeted 9.2% after disappointing growth results, while C3.ai fell 6.9% despite a smaller-than-expected loss. In contrast, Alaska Air Group surged 12.2% on a positive profit forecast, and Eli Lilly rose 1% after increasing its dividend and stock buyback plan.
wall street drifts as investors await key inflation data
U.S. stock indexes are drifting ahead of key inflation data, with the Dow Jones down 139 points and Oracle's shares falling 9.2% after disappointing growth results. Treasury yields rose slightly as investors await inflation reports that could influence the Federal Reserve's interest rate decisions. Meanwhile, Alaska Air Group surged 12.2% on strong holiday demand forecasts.
wall street remains steady as investors await key inflation data
Wall Street remained quiet as investors awaited key inflation data, with the S&P 500 unchanged and the Dow Jones down 139 points. Oracle's stock fell 9.2% after disappointing growth results, while C3.ai dropped 6.9% despite a smaller-than-expected loss. Treasury yields rose slightly ahead of upcoming inflation reports, as the Federal Reserve prepares for a potential interest rate cut next week.
Alaska Airlines' stock surged 13% to $62.50, its highest in three and a half years, following an upgraded profit forecast for Q4, now expected between $0.40 and $0.50 per share, up from $0.20 to $0.40. This increase is attributed to strong travel demand and improved pricing power, as airlines have significantly reduced capacity after earlier oversupply led to price cuts.
small business optimism surges as economic outlook improves post election
Small business owners are optimistic about economic growth, with expectations rising significantly. Meanwhile, Mizuho recommends buying shares of Ball, citing a favorable long-term outlook despite recent capacity closures. Nvidia faces scrutiny in China, impacting its stock, while Broadcom is expected to exceed fiscal fourth-quarter estimates. South Korean markets surged amid political turmoil, contrasting with European stocks that opened lower following disappointing trade figures from China. In extended trading, Oracle's shares fell after missing earnings estimates, while MongoDB and Vail Resorts saw gains due to positive forecasts and narrower losses, respectively.
ubs initiates coverage on us airlines forecasting profit growth and risks
UBS has initiated coverage on U.S. airlines, projecting stronger revenue growth and improved profit margins by 2025. It has given "buy" ratings to Alaska Air Group, United Airlines, and Delta Air Lines, while assigning "neutral" ratings to American Airlines, Loyalty Ventures, and Frontier Group. Southwest Airlines and JetBlue Airways received "sell" ratings due to concerns over profit margins and financial stability.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.