Stocks News

Nvidia joins the Dow, replacing Intel in a major AI-driven shift as its market cap soars, reflecting tech’s dominance in the stock market.

U.S. October jobs report shows only 12,000 new jobs, missing forecasts. Unemployment steady at 4.1%—what’s driving the labor market slowdown?

Apple, Amazon, and Intel earnings reveal key industry trends as growth in cloud, iPhone sales, and AI position these tech giants for 2024 competition.

Microsoft’s cloud growth boosts earnings, Meta outperforms but misses user targets, and Starbucks strategizes for recovery after sales drop.

U.S. Q3 GDP grew 2.8%, missing the 3.1% forecast as consumer spending slowed. Rising imports and weak housing investment also dampened growth.

October’s ADP report surprises with 233,000 private jobs added, driven by health, trade, and hospitality sectors—beating forecasts by over 100,000.

U.S. home prices rose 4.2% YoY in August, while 20 major cities saw a 5.2% gain. High mortgage rates continue to dampen demand and growth.

Pfizer Q3 earnings beat expectations, driven by Paxlovid sales. Cost-saving goals aim for $4B by 2027 as Covid demand slows. Investor concerns rise.

Robinhood launches political betting, but Jones says neither Trump nor Harris can solve the U.S. fiscal crisis—a threat bigger than the election itself.

U.S. Durable Goods Orders fell 0.8% in September, defying forecasts for a deeper drop and signaling resilience in the manufacturing sector.

U.S. jobless claims fall unexpectedly to 227,000, signaling labor market resilience, but rising unemployment benefits hint at economic cooling.

Southwest, American Airlines, UPS, and Honeywell post mixed Q3 results, with Southwest and UPS beating earnings, while Honeywell misses revenue targets.

Tesla’s profit surge and IBM’s AI push drive tech growth, while Mattel struggles with weak toy demand ahead of the holidays. Read our full earnings breakdown.

U.S. existing home sales hit a 14-year low in September as high mortgage rates and elevated prices keep buyers cautious. Explore the key factors and market outlook.

IMF boosts U.S. 2024 growth to 2.8%, citing strong consumption, while cutting China to 4.8%. Geopolitical and trade risks still threaten global recovery.

GM surpasses Q3 expectations and raises 2024 earnings forecast, driven by strong North American sales and higher vehicle prices. Read the full analysis.

US Leading Economic Index drops 0.5% in September, signaling slower growth ahead. Learn how key economic indicators point to recession risks in 2025.

Building permits fell 2.9% to 1.428M, and housing starts dipped 0.5% to 1.354M in September. Housing completions surged 14.6% year-on-year to 1.680M.

Netflix adds 5.1M subscribers, beating Q3 expectations with $9.83B revenue, boosting shares 4%, while TSMC’s 54% profit surge on AI demand sends stock up 10%. Elevance Health drops 10% after Q3 earnings miss.

U.S. retail sales rose 0.4% in September 2024, driven by strong e-commerce growth. Discover the full economic impact and market outlook in our detailed analysis.