Bank stocks generally moved lower Wednesday as regulators and banking leaders continued bricking up weak spots in the U.S. rampart of small and midsize banks. Financial stocks saw little change after the Federal Reserve’s critical […]
Microsoft (MSFT) is the IBD Stock Of The Day as the software giant gets a lift from artificial intelligence initiatives. MSFT stock was near a buy point on Wednesday. On Friday, MSFT stock broke out […]
Nio stock fell modestly Wednesday but is still on track for its best week since January as management reaffirmed a key financial goal. “We are very confident to achieve our sales target in 2023,” Nio […]
The stock market disapproved of the Fed’s move on interest rates and Chair Jerome Powell’s comments as stocks sold off into the close. The market soured after Powell said rate cuts should not be expected. […]
GameStop (GME) blew away expectations for fourth-quarter earnings late Tuesday, reporting its second positive period in the last 12 quarters. Expectations were low but, as one of the first in the retail trading phenomenon that […]
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. The stock market rally attempt suffered a nasty downside reversal Wednesday following the Fed meeting. The Federal Reserve raised […]
Nike (NKE) hiked its full-year revenue guidance late Tuesday after smashing earnings estimates for its fiscal third quarter, but warned on margins. NKE stock fell early Wednesday. Dow Jones footwear and apparel giant Nike is […]
Dow Jones futures were little changed early Wednesday, along with S&P 500 futures and Nasdaq futures. Nike (NKE) and GameStop (GME) reported after the close. Investors are already turning to Wednesday’s Federal Reserve rate hike […]
China EV stocks jumped Tuesday, shrugging off a report about shift cuts by Chinese EV giant BYD (BYDFF), as demand weakens in the world’s biggest and fastest-growing market for electric vehicles. XPEV stock surged but […]
Half of the companies in the U.S. devoted to climate change and biotech banked with the now-failed Silicon Valley Bank (SVB), leaving many of those companies looking for financial backers willing to take on the […]
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