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Software Earnings

All articles tagged with #software earnings

finance2 years ago

"Stock Market Pauses Amid Inflation Data and Fed Comments, Software Earnings Loom"

The Dow Jones Industrial Average gained 170 points as investors awaited a key inflation report and two Federal Reserve officials clashed on the direction of interest rates. Software earnings are also looming, with companies like Salesforce, CrowdStrike, Intuit, Workday, and Splunk set to report. The housing market showed positive signs in September, and the personal income and outlays report for October is expected to show a decrease in the key inflation gauge.

via Investor's Business Daily|
#dow-jones-industrial-average#federal-reserve#finance
finance2 years ago

"Market Rally Gains Momentum Despite Mixed Stocks and Rising Unemployment: Weekly Review"

The stock market rally gained momentum as Treasury yields slid, with major indexes reclaiming their 50-day lines. Salesforce, MongoDB, and CrowdStrike reported strong software earnings. Amazon and Shopify rebounded after announcing a deeper partnership. Tesla launched an upgraded Model 3 and slashed prices on higher-end vehicles. China's EV sales remained strong, with Li Auto, Nio, XPeng, and BYD reporting solid deliveries. Dell Technologies exceeded expectations and cited artificial intelligence as a long-term tailwind. Chipmakers Broadcom and Ambarella disappointed with their guidance. Ollie's Bargain Outlet surged after beating expectations, while Dollar General and Five Below tumbled. Bitcoin and related stocks jumped after a federal appeals court ruled on Grayscale Investments' bid for a bitcoin ETF.

via Investor's Business Daily|
#china-ev-sales#finance#software-earnings
finance2 years ago

Stocks surge as debt crisis eases and tech giants approach record highs.

The Dow Jones Industrial Average rose 0.6% while the Nasdaq and S&P 500 made larger gains. Apple is near record highs, trading at a level last seen in January 2022. Fresh jobs data shows sticky inflation. The House passed the debt-ceiling bill in a 314-117 vote. In retail, Macy's pared early losses after the retailer cut its outlook for the year. Some key software earnings reports are on deck after today's close.

via Investor's Business Daily|
#apple#dow-jones#finance