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Brief synopsis and analysis of news items that are affecting the equities market. BABA’s advance reflects renewed attention on one of the company’s strongest operating assets: an AI-cloud business ...
[BRIEFING.COM] Stocks kicked off the third quarter on a relatively quiet note following a powerful second quarter for equities. The S&P 500 (-0.2%) and Nasdaq Composite (-0.7%) finished modestly lower ...
[BRIEFING.COM] The S&P 500 (+0.77%) is in second place on Tuesday afternoon, up about 57 points.
General Mills (GIS) is trading higher after reporting its Q4 (May) results this morning. GIS bounced back from a rare EPS miss last quarter, with adjusted EPS of $0.95 nicely above expectations.
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[BRIEFING.COM] Early enthusiasm around a "buy-the-dip" rebound across select tech and mega-cap stocks materialized into some nice opening gains for the major averages, with the Nasdaq Composite (+1.0% ...
[BRIEFING.COM] Another solid session for semiconductor stocks is helping push the S&P 500 (+0.7%), Nasdaq Composite (+1.3%), and DJIA (+0.3%) higher despite today's relatively light news flow and low ...
*The Q2 earnings reporting period is near and will serve as a fulcrum for this range-bound market. *The May trade deficit showed a large widening amid more demand for imports than exports. The stock ...
*Price hikes by Apple and Microsoft signal mounting gross margin pressure from rising memory and storage costs across the technology industry. *Gross margins drive operating leverage, making their ...