The Nasdaq 100 futures dipped over 1% in pre-market trading, with Microsoft and Meta dropping around 4%, contributing significantly to the index’s slide. According to Bloomberg, these two tech giants alone accounted for roughly half of the losses in Nasdaq futures. Later today, Amazon and Apple are expected to report their earnings, adding to market … Read more
Pfizer Inc. (NYSE: PFE) reported a robust third-quarter performance, driven by stronger-than-anticipated sales of its COVID-19 antiviral treatment Paxlovid. The drugmaker’s total revenue reached $17.7 billion, a 31% increase compared to last year’s third quarter, surpassing analysts’ projections of $14.92 billion. Adjusted earnings per share came in at $1.06, well above the expected $0.61. Why … Read more
PayPal (PYPL) saw its stock decline by 6.6% in pre-market trading after the company provided a lower-than-expected revenue forecast for the fourth quarter. While PayPal is known for its rapid expansion, it is now shifting focus to high-margin business areas, a move that some investors view cautiously. What Q3 Earnings Of Sofi Technology Says Strategic … Read more
Shares of SoFi Technologies (SOFI) rose in pre-market trading after the fintech company reported impressive Q3 results. SoFi managed to swing to profitability in the third quarter, posting earnings of $0.05 per share, which exceeded analysts’ expectations of $0.04 per share. The upbeat earnings report suggests strong growth potential for the company, particularly in its … Read more
Bank of Baroda recently reported robust earnings that exceeded market expectations, driven primarily by higher recoveries from previously written-off accounts. The bank’s performance has also shown improvements in return on assets (ROA), credit costs, and loan growth, solidifying a positive outlook for the next target for Bank of Baroda. Instagram Experiences Widespread Outage: Users Unable … Read more
The latest Instagram outage is affecting thousands of users globally. The article focuses on the nature of the service disruption, user reactions, and updates from monitoring platforms. It has been crafted for easy readability and a professional tone, suitable for Google News and Google Discover. Key highlights and reactions are organized under specific headings for … Read more
The global economic landscape is in focus as a range of events and data releases over the next 10 days may help analysts understand the driving factors behind the significant rise in U.S. Treasury yields. With ongoing discussions about inflation, the Federal Reserve, and economic conditions, here’s a breakdown of the main contributors to the … Read more
U.S. stock markets opened with gains on Monday as the NASDAQ, Dow Jones, and S&P 500 indices all saw technical upward movements. Investor optimism is growing, yet volatility persists in the broader market. Here’s a technical overview of each index and key levels to watch. NASDAQ 100 Technical Outlook The NASDAQ 100 surged at the … Read more
The U.S. stock market saw mixed results Friday as the Nasdaq continued its rally, setting a new record intraday before retreating slightly. Meanwhile, the Dow marked its fifth straight loss. Investors faced shifting dynamics in treasury yields and interest rate expectations from the Federal Reserve. Here’s a look at the key financial movements from the … Read more
ETF monthly income strategy is the next level strategy. Start investing in an ETF when the RSI of the Relative Strength Index is 30 or below 30 in the 1-hour time frame in the starting month and just put your stake in every drop in a month. Let’s talk about it and understand this unique … Read more