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Midday stock updates: Apple, Amazon, Monolithic Power, Reddit and others

Midday stock updates: Apple, Amazon, Monolithic Power, Reddit and others

Market Update At midday, Kimberly Clark, a major player in consumer products, saw its shares climb about 4% thanks to guidance that exceeded expectations for the year. The company is anticipating earnings per share to grow, perhaps in the low to medium percentage range, whereas analysts had predicted a downturn of roughly 2.6%. Meanwhile, Marvell […]

Recent updates reveal that the US added 258,000 fewer jobs than initially stated.

Recent updates reveal that the US added 258,000 fewer jobs than initially stated.

According to federal data released Friday, the US economy added 258,000 jobs in May and June. The Bureau of Labor Statistics (BLS) made a notable revision to its employment growth report for those months, which shifts the overall picture of the US economy quite significantly. The BLS noted that only 14,000 jobs were added in […]

S&P 500 futures decline as traders anticipate major jobs report: Live updates

S&P 500 futures decline as traders anticipate major jobs report: Live updates

Market Update Traders at the New York Stock Exchange (NYSE) were active on the floor as they digested the latest earnings from major tech companies and awaited the July employment figures. On Thursday night, futures for the S&P 500 dipped by 0.2%. Meanwhile, Nasdaq 100 futures dropped by 0.3%. Futures for the Dow Jones Industrial […]

Stock Market Today: Mixed Results as Investors Wait for Trade Deal Updates and Prepare for Major Tech Earnings and Fed Announcement Later This Week

Stock Market Today: Mixed Results as Investors Wait for Trade Deal Updates and Prepare for Major Tech Earnings and Fed Announcement Later This Week

The Expectations for UnitedHealth Following Earnings Report UnitedHealth Group (UNH) is set to unveil its second-quarter results before the market opens on Tuesday. There’s a lot of anticipation about how the company’s shares will react throughout the week. Recent options trading suggests that UnitedHealth’s stock could see a swing of more than 7% by the […]

Significant IRS Updates Expected for Business Tax Audits in 2025

Significant IRS Updates Expected for Business Tax Audits in 2025

IRS Announces Changes to Corporate Tax Audits The Internal Revenue Service (IRS) has unveiled new guidance aimed at significantly reducing the time corporate taxpayers spend during audits. This initiative, revealed on Friday, is intended to make the audit experience more collaborative and efficient. The updated interim guidance will be in effect from 2025 through 2026, […]