Tuesday, August 21: Trump criticizes Fed and Powell for raising rates, Microsoft says it stopped Russian hacking group from hacking two conservative think tanks using fake domain names, and Netflix is running promo spots in between episodes that it says are not “ads.” Yahoo Finance's Dan Roberts reports.
Shares of Super Micro Computer (SMCI) fell sharply Friday after the company opted not to pre-announce its first-quarter results. This development comes as the semiconductor sector undergoes a sector-wide correction. Bernstein Managing Director and Senior Analyst Stacy Rasgon joins Market Domination to provide insights into this situation. Rasgon acknowledges that while the chip sector is undergoing a correction, "outside of AI" the industry has not been performing well. He notes that other segments of the sector, such as automotive, data centers, PCs, and smartphones, "are not all that great," which could be contributing to the sector-wide pressure, in addition to the disappointing earnings from major players. Rasgon shifts the focus to the question of "the pace of the recovery," noting that the stocks have held up "remarkably" despite the revisions, suggesting this is "a delayed reaction." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
KANSAS CITY, Mo., April 19, 2024--Evergy, Inc. (NASDAQ: EVRG) announced today it will release its 2024 first quarter earnings Thursday, May 9, 2024, before market open. The company plans to host its quarterly conference call and audio webcast to discuss the results Thursday, May 9, 2024.
Yahoo Sports national MLB insider Russell Dorsey’s Best Thing in Baseball this week is Andrew McCutchen’s 300th career homer in a 9-2 Pirates victory over the Phillies.
The Nasdaq had its worst week since 2022 as AI stocks Nvidia and Super Micro flashed sell signals. Tesla, Microsoft, Meta lead earnings on tap.
NFM Lending and Main Street Home Loans (a division of NFM Lending) are proud to announce that the Maryland Mortgage Program (MMP) has recognized them as Gold Tier lenders.Linthicum, MD, April 19, 2024 (GLOBE NEWSWIRE) -- NFM Lending and Main Street Home Loans (a division of NFM Lending) are proud to announce that the Maryland Mortgage Program (MMP) has recognized them as Gold Tier lenders. This prestigious acknowledgment underscores their commitment to providing exceptional mortgage solutions to
‘The Jinx’ director spoke to ‘The Independent’ about Durst’s ability to lie instantly
VIRGINIA CITY, Nev., April 19, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” or the “Company”) is pleased to announce that its Executive Chairman, Director & CEO, Corrado De Gasperis, and its COO, William McCarthy, will be presenting an overview of the Company’s 1Q24 financial results, upcoming milestones, and how the Comstock’s systemic platform is optimizing results on Tuesday, April 30, 2024, via a webinar. Investors and all other interested parties are invited to register b
Millburn, NJ, April 19, 2024 (GLOBE NEWSWIRE) -- The Partnership for a Drug-Free New Jersey (PDFNJ), along with Horizon Blue Cross Blue Shield of New Jersey and the Opioid Education Foundation of America, hosted the "Keeping New Jersey Youth Athletes Safe" conference at the Golden Nugget Hotel & Casino in Atlantic City on Friday. The event gathered coaches, athletic directors, teachers, school nurses, and others involved in youth sports to discuss the link between athletics and opioid misuse. "I
Mr Blinken says he is focused on ‘work to deescalate tensions’ along with his fellow G7 foreign ministers
The NYPD identified the man as Maxwell Azzarello, 37, who is now in critical condition in Cornell burns unit. He has a long history of posting conspiracy theories and railing against the rich and powerful
Allstate is IBD Stock Of The Day as insurers rise thanks to premium increases and higher interest income.
Justin Pippen, the youngest son of NBA legend Scottie Pippen, announced he will be playing college basketball next season at Michigan.
The man was later identified by the New York Police Department as 37-year-old Max Azzarello from St Augustine Florida
Five final alternate seats were filled on Friday, teeing up the first-ever criminal trial of an American president
The Nasdaq and the S&P 500 ended lower on Friday as Netflix shares weighed, but American Express kept the Dow afloat after quarterly earnings from both companies, while growing pessimism that the Federal Reserve would cut interest rates soon also dented sentiment. Netflix slumped as one of the bigger drags on the benchmark S&P index and Nasdaq after the video streaming company's second-quarter revenue view fell short of analysts' expectations while the company also unexpectedly said it would no longer provide subscriber counts.
Bank of Mexico Deputy Governor Jonathan Heath said on Friday the benchmark interest rate is likely to remain unchanged for longer than expected by markets, noting it would likely stay put at 11% at the May policy meeting and that the June decision would be data dependent. Speaking to Reuters on the sidelines of the International Monetary Fund and World Bank spring meetings, Heath underscored the importance of waiting until service sector inflation demonstrates a clear downward trajectory, suggesting the possibility of two to four rate cuts this year depending on evolving economic conditions. "Either we meet our inflation target and maybe we could cut, or we don't meet our inflation target and we don't cut," Heath said.
WASHINGTON, April 19, 2024--As part of The Walt Disney Company and National Geographic’s ourHOME campaign, Earth Day 2024 will be commemorated with an unprecedented rollout of content to celebrate the beauty and awe of ourHOME. Beginning April 19 through April 22, Earth Day-themed content will be spotlighted across ABC News, Disney+, Disney Channel, Disney Junior, Freeform, FX, FXX, Hulu, National Geographic, Nat Geo WILD and Nat Geo Mundo, with ourHOME collections on Disney+ and Hulu.
HOUSTON, April 19, 2024--Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of mechanical and electrical contracting services including heating, ventilation, air conditioning, plumbing, electrical, piping and controls, announces that it has scheduled its quarterly conference call and webcast for Friday, April 26, 2024, at 10:00 a.m. Central Time to discuss first quarter 2024 financial results. The results will be released after the market closes on Thursday, April 25, 2024.
(Bloomberg) -- Netflix Inc. shares tumbled the most in two years on Friday as a weak forecast for revenue and a warning that the streaming giant will stop reporting subscriber numbers in 2025 overshadowed an otherwise strong start to the year.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemDubai Grinds to Standstill as Flooding Hits City‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapIsrael Reported to Have
Canada's main stock index edged higher on Friday as energy and interest rate sensitive shares notched gains, with the index outperforming Wall Street and clawing back some of its weekly decline. The Toronto Stock Exchange's S&P/TSX composite index ended up 98.93 points, or 0.5%, at 21,807.37, its third straight day of gains. The Nasdaq and the S&P 500, two major U.S. benchmark indexes, fell after mixed corporate earnings and amid growing pessimism that the Federal Reserve would cut interest rates soon.
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