Adobe Stock Falls On Lackluster Outlook After First-Quarter Beat – Investor's Business Daily

Digital media and marketing software company adobe (adobe) late Thursday beat Wall Street’s expectations for the fiscal first quarter, but gave a tepid outlook for the current fiscal year. Adobe stock fell in after-hours trading. X The San Jose, California-based company had revenue of $5.18 billion and adjusted earnings per share of $4.48 for the […]
Soft Retail Sales Keep Alive Fed Rate-Cut Hopes – Investor's Business Daily

Retail sales rebounded weaker than expected in February, but new jobless claims fell to very low levels and prospects for Federal Reserve interest rate cuts are mixed. Producer price index data also showed a mixed picture for the Fed’s key inflation measure, the core PCE price index. X S&P 500 futures remained marginally higher after […]
Hunter Biden refuses to attend House hearing with former business associates

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Dow Jones Futures: Oracle, Nvidia Drive S&P 500 To Record Close; 5 Stocks Flash Buy Signals – Investor's Business Daily

Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. X Stock market gains defied higher-than-expected core CPI inflation on Tuesday. oracle (ORCL) There is a gap in earnings, Nvidia (NVDA) bounce. Large-cap tech stocks led the S&P 500 to a closing high, but market breadth was weak. ServiceNow (now), […]
Pfizer bets on cancer drugs to recover from COVID business declines

Pfizer is ramping up its involvement in cancer drugs after a tumultuous year marked by a rapid decline in its coronavirus business. During a four-hour investor event last week, Pfizer announced that it was advancing its efforts to “accelerate breakthroughs that help cancer patients around the world live better and longer lives.” CNBC. The company […]
Business owners threaten to stop paying taxes until Oakland addresses devastating crime

Some business owners in Oakland are threatening to stop paying taxes until the city takes action to combat worsening crime that threatens their livelihoods. Jose Ortiz, owner of La Perla Puerto Rican Cuisine, told KNTV-TV that his restaurant has been robbed at gunpoint twice in the past two years alone. He said business is down […]
Dow Jones Futures: Meta, Nvidia, Super Micro Slide; CPI Inflation Report Looms – Investor's Business Daily

Dow Jones futures, S&P 500 futures and Nasdaq 100 futures were little changed ahead of Tuesday’s stock market open.leader in artificial intelligence Nvidia (NVDA) and super microcomputer (SMCI) Magnificent Seven stock continued to fall on Monday. meta platform (Meta) sold rapidly. X Late Monday, the AI giant oracle (ORCL) became the driving force behind profits. […]
Stock Market Today: Meta Falls Hard, Nvidia Slips Again But Indexes Trim Early Losses – Investor's Business Daily

The major stock market indexes fell sharply today, but the losses were quickly reduced and the deficit was kept at a moderate level. Facebook parent meta platform (Meta) A fellow Magnificent Seven player gave me a bad blow. Nvidia (NVDA) managed to write off some of its losses after being shaken earlier. After Hours, Database […]
Rivian Gets Price Target Hike. But Can The EV Startup 'Go-It-Alone'? – Investor's Business Daily

Rivian Automotive (Riven) was handed a price hike late Friday after its stock price soared nearly 13% last week on positive sentiment surrounding the EV startup’s R2 and R3 vehicle launch events. But with EV demand sluggish, there are questions about whether the company will be able to bring new product lines to market without […]
Stock Market Today: Dow Jones Extends Losses As Bitcoin Hits Record High; Nvidia Stock Slides – Investor's Business Daily

Dow Jones futures and other major indexes risk widening losses. Nvidia (NVDA) continued to fall on the stock market today. Meanwhile, Bitcoin has soared to an all-time high. X In Monday morning trading, Dow Jones futures were down 0.5% relative to fair value, and S&P 500 futures were down as well. Futures on the tech-heavy […]