Key Points To Watch Out For: Cal-Maine Foods (CALM): Profits Boosted by Price Hike Cal-Maine Foods, the largest U.S. egg producer, saw a 4% increase in after-market trading following better-than-expected quarterly earnings. This performance was driven by elevated egg prices due to the avian flu outbreak, which significantly reduced the poultry population. The company’s resilience […]
U.S. stock index futures rose on Wednesday, recovering from significant losses driven by increased uncertainty surrounding the Federal Reserve’s pace of future interest rate cuts. Dow Jones futures climbed about 135 points, or 0.3%, S&P 500 futures gained 20 points, or 0.4%, and Nasdaq 100 futures added 87 points, or approximately 0.4%. On Tuesday, Wall […]
U.S. stocks rose on Tuesday, extending a rally in technology stocks as investors awaited crucial economic data. In Tuesday trading, the Dow Jones Industrial Average was up nearly 100 points, or 0.2%, the S&P 500 Index was up nearly 23 points, or 0.4%, and the NASDAQ Composite was up 65 points, or 0.3%. Wall Street […]
Key Points To Watch Out For: Nvidia (NVDA) Fuels Tech Sector Momentum Nvidia CEO Jensen Huang unveiled a suite of new artificial intelligence products at a technology event in Las Vegas, drawing significant market attention. The announcement pushed Nvidia shares up by 1% in pre-market trading, extending Monday’s bullish streak. Nvidia continues to solidify its […]
Key Points To Watch Out For: Foxconn (TW:2317): Dominating in AI Technology Foxconn, officially known as Hon Hai Precision Industry, achieved record-breaking quarterly revenues, propelled by surging demand for servers that power artificial intelligence (AI) technologies. These results underscore the transformative impact of technological advancements on global supply chains. Foxconn shares gained 2% following the […]
U.S. stock index futures rose on Monday, beginning the week on a positive note as investors anticipate the release of vital employment data later this week. Dow Jones futures were up 40 points, about 0.1%, S&P 500 futures were up 30 points, 0.5%, and Nasdaq 100 futures were up 180 points, 0.9%. Last Thursday, the […]
Key Points To Watch Out For: Honda Motor (HMC): Merger Plans Boost Shares Honda’s shares rose after the announcement that its board of directors agreed to evaluate a potential merger with Nissan. Additionally, the company reaffirmed its share buyback program, sparking optimism in the market and boosting investor confidence. Novo Nordisk (NVO): Regaining Ground After […]
U.S. stock index futures rose on Monday as Wall Street reacted positively to softer inflation data at the beginning of a holiday-shortened week. In Monday’s trading, Dow Jones futures were up 5 points, or 0.1%, S&P 500 futures were up 10 points, or 0.2%, and Nasdaq 100 futures gained about 60 points, or 0.3%. Trading […]
Key Points To Watch Out For: Honda (HMC) and Nissan (NSANY): Merger Rumors Shake the Market Honda Motor shares fell by 3% in Tokyo, while Nissan Motor shares surged by an extraordinary 24%, triggering a suspension of their trading. This volatility stems from the announcement that the two Japanese automakers are considering an eventual strategic […]
U.S. stock index futures rose on Wednesday, showing signs of recovery from the previous day’s decline on Wall Street, as investors eagerly anticipated the Federal Reserve’s long-awaited rate cut. Markets have almost fully priced in a 25 basis point reduction at the conclusion of the Fed’s meeting on Wednesday. Attention will now shift to signals […]
