Dow, S&P 500 eke out gains but Nasdaq slips after booking biggest dive since 2020
U.S. oil prices advance; Russia cuts gas supply to Poland, Bulgaria
U.S. oil prices advance; Russia cuts gas supply to Poland, Bulgaria
Nokia Corp. on Thursday posted a forecast-beating first-quarter net profit as demand for mobile networks remains strong, but cautioned that supply-chain constraints continued to hurt sales, in addition to the timing of patent licensing renewals.
‘Our house view is for a mild U.S. recession,’ Peter Hooper, Deutsche Bank’s global head of economic research, told MarketWatch. ‘What surprises us is that our house call hasn’t become consensus.’
After choppy after-hours session, strong forecast sends shares more than 4% higher
Shares of Metro Inc. MRU, -0.58% dropped 0.58% to C$69.83 Tuesday, in what proved to be an all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -1.53% falling 1.53% to 20,690.81.
Pummeled stocks include Netflix, PayPal and Facebook parent Meta Platforms
Investors fail to properly appreciate Snowflake’s free-cash potential and its value to startups, according to Wolfe Research
Shares of Bank of Montreal BMO, -0.82% shed 0.82% to C$141.44 Monday, in what proved to be an all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -0.82% falling 0.82% to 21,011.89.
As the meat of earnings season begins, it’s worth noting what investors have learned so far. The short version is, apart from a few isolated companies (cough, Netflix, cough), not a whole lot: the projected rise in S&P 500 earnings per share this year stands at 8.9%, compared with 8.1% at end of March, according to S&P Global Market Intelligence.
General Motors Co. is developing a hybrid version of its Chevrolet Corvette that could arrive at dealerships as early as next year.