Previous close | 121.33 |
Open | 121.03 |
Bid | 118.70 x 800 |
Ask | 119.10 x 900 |
Day's range | 116.80 - 119.10 |
52-week range | 95.77 - 123.75 |
Volume | |
Avg. volume | 17,664,454 |
Market cap | 466.877B |
Beta (5Y monthly) | 0.96 |
PE ratio (TTM) | 13.27 |
EPS (TTM) | 8.89 |
Earnings date | 26 Apr 2024 |
Forward dividend & yield | 3.80 (3.13%) |
Ex-dividend date | 13 Feb 2024 |
1y target est | 130.84 |
The Personal Consumption Expenditure (PCE) index, the Federal Reserve's preferred measure of inflation, came in hotter-than-expected for March at 2.8%, potentially delaying the Fed's next round of rate cuts. Shares of Alphabet (GOOG,GOOGL) and Microsoft (MSFT) are trading higher on Friday morning as both companies affirm their commitment to investing in AI. The companies also reported their latest quarterly earnings, beating expectations. Shares of Exxon Mobil (XOM) and Chevron (CVX) are trading lower as both companies reported mixed earnings results for the first quarter, citing lower refining margins. Yahoo Finance reporters Jennifer Schonberger, Jared Blikre, and Ines Ferre join the Morning Brief to discuss the three things investors need to watch for the trading day. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
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