Markets

Amazon Stock hits mixed earnings report and weak forecast. AWS also missed.

Text size Investors are looking for evidence that Amazon.com has made progress in its efforts to contain costs. David Ryder/Bloomberg Amazon . com fell late in trading Thursday after the company reported mixed fourth-quarter results, with better-than-expected sales growth but weaker-than-expected earnings, largely due to a loss on the the company’s stake in electric truck …

Amazon Stock hits mixed earnings report and weak forecast. AWS also missed. Read More »

Wall Street analysts bullish on META, NVDA and FSLR

Here are Thursday’s biggest calls on Wall Street: JMP downgrades Peloton for market performance to outperform JMP downgraded the stock primarily on valuation. “We are downgrading our rating on Peloton shares from Market Outperform to Market Perform as Peloton hit our previous price target of $16 while we leave our FY2024 estimates largely unchanged following …

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Nasdaq 100 futures rise after Meta beats quarterly earnings

Nasdaq 100 futures were higher overnight Wednesday. Nasdaq 100 futures gained 1.4%, helped by Meta shares. S&P 500 futures jumped 0.5%. Futures contracts linked to the Dow Jones Industrial Average fell 45 points, or 0.13%. Meta jumped more than 19% in extended trading after reporting a pace of fourth-quarter revenue growth and announcing a $40 …

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Gold demand hits 11-year high on ‘colossal’ central bank buying

Bars of 99.99% pure gold are placed in a work room at the Krastsvetmet precious metals factory in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. Alexander Manzyuk | Reuters Gold demand hit an 11-year high in 2022 thanks to “colossal central bank buying, aided by vigorous buying by retail investors,” according to the …

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Central banks set to signal path of sliding interest rates in crucial week

A screen displays the Fed’s rate announcement as a trader works on the floor of the New York Stock Exchange (NYSE), November 2, 2022. Brendan McDermid | Reuters The US Federal Reserve, European Central Bank and Bank of England are all expected to raise interest rates again this week as they make their first policy …

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Stock futures fall as traders await latest Federal Reserve rate hike decision

Traders on the NYSE floor Source: NYSE Stock futures fell Tuesday night as investors anticipated Wednesday’s Federal Reserve meeting. Futures contracts linked to the Dow Jones Industrial Average lost 48 points or 0.14%. S&P 500 futures and Nasdaq Composite futures were down 0.20% and 0.37%, respectively. The moves come after stocks surged to end January …

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Asia-Pacific stocks, Fed, earnings, economic data

CNBC Pro: What a tech fund manager expects from Apple and Alphabet’s earnings this week Microsoft released a disappointing earnings forecast last week, but its stock has since risen. What does this mean for other Big Tech companies that should report earnings? Technology fund manager Jeremy Gleeson, who manages the £1.1 billion ($1.5 billion) AXA …

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China returns from New Year, CSI 300, New Zealand trade, Fed meeting

Visitors on the central street of Taipa village in Macao, China, on Wednesday January 1. 25, 2023. Tourism and spending are picking up in Macau as the Lunar New Year holiday spurred a surge in visitors after the easing of pandemic travel restrictions between the territory and mainland China. Bloomberg | Bloomberg | Getty Images …

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