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Excluding Tesla, the other "Magnificent Seven" tech stocks are expected to be the top six earnings drivers for the S&P 500, contributing year-over-year earnings growth of 53.7%. Excluding those ...
April 29, 2024 at 4:44 AM. Stocks rebounded as tech earnings spawned a rally in markets despite growing concerns that the Fed will hold interest rates higher for longer. The Nasdaq Composite ...
The July jobs report is expected to show 175,000 nonfarm payroll jobs were added to the US economy, with unemployment holding steady at 4.1%, according to data from Bloomberg. In June, the US ...
All of this will come as stocks trade at or near their highest levels on record. The S&P 500 ( ^GSPC) closed Friday at 4,839, a new record high for the benchmark average. The Dow Jones Industrial ...
Microsoft’s earnings picture appears positive among analysts, who are projecting a consensus EPS estimate of $2.19, according to Bloomberg data. In the prior reporting period, the tech behemoth ...
The stock market is still all about tech. New data from FactSet shows that while strategists have called for a broadening out of the market rally , they expect Big Tech companies to drive Q4 ...
Microsoft announced its second quarter earnings on Tuesday, beating expectations on the top and bottom lines.The company reported adjusted earnings per share of $2.93 on revenue of $62 billion ...
US stocks rose on Friday as investors continued to parse strong tech earnings and a searing jobs report, leading shares of Nvidia, Meta Platforms and Microsoft to close at fresh highs.. The Dow ...
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