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Thu 16 Nov 2023, 04:25PM | GE Stock Breaks Out To Highest Level Since Breakup Set In Motion Six Years Ago — Is It A Buy? | The "new GE," GE Aerospace, will emerge in 2024. GE stock has rallied due to momentum in General Electric's aviation unit. | GE | General Electric Company | Industrials | Aerospace & Defense | 0.826954 |
Thu 16 Nov 2023, 04:22PM | Walmart warns of a more cautious consumer ahead of the holiday shopping season | TheStreet's J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Thursday, November 16. Full Video Transcript Below: J.D. DURKIN: I'm J. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | 0.597078 |
Thu 16 Nov 2023, 04:20PM | Deflation is shaking things up for retailers, analyst says | Walmart (WMT) beat third-quarter earnings estimates but softened its guidance for the remainder of the year, claiming cautious optimism for the upcoming holiday season as inflation remains an issue for consumers. On the earnings call, Walmart CEO Doug McMillon said “we may be managing through a period of deflation in the months to come [in the US]," referring to the prices of groceries and other select goods. Piper Sandler Managing Director and Senior Research Analyst Ed Yruma joins Yahoo Finance to discuss how deflation can affect retailers like Walmart, Target (TGT), and TJX Companies (TJX), and what challenges they face for the upcoming holiday season. "TJX continues to take market share. They had very strong results yesterday, they're taking share within apparel, they're taking share within home, we think from some of these Bed Bath & Beyond stores that have closed..." Yruma says on which retailer may be in the best position to handle said challenges. "So I think someone like a TJX, because the consumer wants these products, they want apparel, they want beauty, they want home, they want this for the holiday. But, they want to be careful with what they spend and I think TJX offers consumers great value." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | 0.597078 |
Thu 16 Nov 2023, 04:18PM | These Stocks Moved the Most Today: Walmart, Alibaba, Cisco, Palo Alto, Plug Power, Intel, Sonos, and More | Walmart's guidance disappoints, Alibaba tumbles after saying it won't be spinning off its cloud division because of troubled U.S.-China relations, and Cisco falls after reducing its fiscal-year outlook. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | 0.597078 |
Thu 16 Nov 2023, 04:18PM | These Stocks Moved the Most Today: Walmart, Alibaba, Cisco, Palo Alto, Plug Power, Intel, Sonos, and More | Walmart's guidance disappoints, Alibaba tumbles after saying it won't be spinning off its cloud division because of troubled U.S.-China relations, and Cisco falls after reducing its fiscal-year outlook. | INTC | Intel Corporation | Technology | Semiconductors | -0.383233 |
Thu 16 Nov 2023, 04:18PM | These Stocks Moved the Most Today: Walmart, Alibaba, Cisco, Palo Alto, Plug Power, Intel, Sonos, and More | Walmart's guidance disappoints, Alibaba tumbles after saying it won't be spinning off its cloud division because of troubled U.S.-China relations, and Cisco falls after reducing its fiscal-year outlook. | CSCO | Cisco Systems, Inc. | Technology | Communication Equipment | 2.236979 |
Thu 16 Nov 2023, 04:17PM | How major US stock indexes fared Thursday, 11/16/2023 | The Dow slipped 45 points, and the Nasdaq composite rose 0.1%. The Dow Jones Industrial Average fell 45.74 points, or 0.1%, to 34,945.47. The Nasdaq composite rose 9.84 points, or 0.1%, to 14,113.67. | DOW | Dow Inc. | Basic Materials | Chemicals | 0.693968 |
Thu 16 Nov 2023, 04:15PM | Transcript: What does Walmart know? | This is an audio transcript of the Unhedged podcast episode: ‘What does Walmart know?’[MUSIC PLAYING]Ethan WuWalmart, America’s biggest retailer, is worried about the US consumer. The stock fell 7 per cent despite pretty good earnings because of scary guidance. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | 0.597078 |
Thu 16 Nov 2023, 04:15PM | IMAX TO PRESENT AT THE 7TH ANNUAL WELLS FARGO TMT SUMMIT | IMAX Corporation (NYSE: IMAX) today announced that the Company will participate in the 7th Annual Wells Fargo TMT Summit. | WFC | Wells Fargo & Company | Financial Services | Banks—Diversified | 0.817054 |
Thu 16 Nov 2023, 04:14PM | GM, UAW deal ratified in a close vote | Autoworkers narrowly voted to approve a new labor deal with automaker General Motors (GM), with just 54.7% in favor ahead of a 4pm Friday deadline. The Arlington, Texas GM plant backed the agreement following earlier rejections at other large facilities. However, dissatisfaction persists among longtime GM factory workers over issues like wages and temporary worker benefits under the contract terms. Ford (F) and Stellantis (STLA) union members continue voting on their own tentative agreements. Yahoo Finance's Pras Subramanian analyzes the split ratification vote and ongoing votes at Ford and Stellantis. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 0.873521 |
Thu 16 Nov 2023, 04:14PM | Walmart CEO Says Shoppers Could See Falling Prices in Coming Months | (Bloomberg) -- The head of the world’s largest retailer just used the D word on an earnings call: deflation.Most Read from BloombergHamas Mastermind Who Tricked Israel Is Top Target in Gaza Tunnels‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers: Markets WrapApple Plans to Make It Easier to Text Between iPhones and AndroidsBiden, Xi Declare Progress After Concluding Four-Hour SummitXi Says China Seeks to Be Friends With US, Won’t Fight ‘Hot War’“In the US, we may be managing through a period of | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | 0.597078 |
Thu 16 Nov 2023, 04:12PM | Cisco Stock Plunges As Earnings, Revenue Outlook Miss Estimates | Cisco reported fiscal Q1 earnings that topped expectations as product orders fell as expected. Guidance for CSCO stock badly missed estimates. | CSCO | Cisco Systems, Inc. | Technology | Communication Equipment | 2.236979 |
Thu 16 Nov 2023, 04:12PM | Boeing Dominates Orders In Dubai; Airbus Rebounds After Emirates Engine Rift | Boeing stock rallies this week as the Dow Jones jet manufacturer lands major deals in Dubai. Airbus secures Emirates order after engine feud. | BA | The Boeing Company | Industrials | Aerospace & Defense | 1.255817 |
Thu 16 Nov 2023, 04:11PM | Nvidia Stock Rises In Buy Range After Microsoft AI Chip Entry — Is It A Buy? | Nvidia, a giant in data centers and gaming, is supercharging investor interest in artificial intelligence. Is Nvidia stock a buy after breaking out, with earnings due soon? On Nov. 13, Nvidia unveiled the highly anticipated H200, its latest graphics processing unit for training AI (artificial intelligence) models. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -0.978331 |
Thu 16 Nov 2023, 04:11PM | Nvidia Stock Rises In Buy Range After Microsoft AI Chip Entry — Is It A Buy? | Nvidia, a giant in data centers and gaming, is supercharging investor interest in artificial intelligence. Is Nvidia stock a buy after breaking out, with earnings due soon? On Nov. 13, Nvidia unveiled the highly anticipated H200, its latest graphics processing unit for training AI (artificial intelligence) models. | NVDA | NVIDIA Corporation | Technology | Semiconductors | 0.515411 |
Thu 16 Nov 2023, 04:11PM | Target gains $9 billion in market cap despite falling sales last quarter, as Wall Street gets an up-close look at the health of the American consumer | But Target's 20% stock bump from its earnings still leaves it 14% down from the beginning of the year, or $17 billion. | TGT | Target Corporation | Consumer Defensive | Discount Stores | 0.788096 |
Thu 16 Nov 2023, 04:11PM | Target gains $9 billion in market cap despite falling sales last quarter, as Wall Street gets an up-close look at the health of the American consumer | But Target's 20% stock bump from its earnings still leaves it 14% down from the beginning of the year, or $17 billion. | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.426142 |
Thu 16 Nov 2023, 04:10PM | The Home Depot Declares Third Quarter Dividend of $2.09 | The Home Depot®, the world's largest home improvement retailer, today announced that its board of directors declared a third-quarter cash dividend of $2.09 per share. The dividend is payable on December 14, 2023, to shareholders of record on the close of business on November 30, 2023. This is the 147th consecutive quarter the company has paid a cash dividend. | HD | The Home Depot, Inc. | Consumer Cyclical | Home Improvement Retail | 0.550232 |
Thu 16 Nov 2023, 04:10PM | Mastercard and CARE Partner To Launch Strive Women | New program will focus on women as it aims to reach 6 million entrepreneurs in key regions, including APEC economies of Peru and VietnamThe Mastercard Center for Inclusive GrowthNORTHAMPTON, MA / ACCESSWIRE / November 16, 2023 / At the APEC CEO Summit ... | MA | Mastercard Incorporated | Financial Services | Credit Services | 0.954907 |
Thu 16 Nov 2023, 04:06PM | Intel jumps to 17-month high after Mizuho analyst upgrade | NEW YORK (Reuters) -Shares of Intel rose by nearly 7% on Thursday, hitting their highest level in 17 months, after Mizuho Securities upgraded its rating on the semiconductor maker's stock to "buy," citing prospects of increased revenue from forthcoming chips and new production facilities. Intel is set to unveil a new data center and artificial intelligence chips in 2024, expected to be one of its most "prolific product launch in years", as well as open new chip-making facilities called foundries, Mizuho analysts, led by automotive and semiconductor specialist Vijay Rakesh, said in an investor note on Wednesday. Mizuho upgraded Intel's stock to "buy" from "neutral" and raised its price target on the shares to $50 from $37. | INTC | Intel Corporation | Technology | Semiconductors | -0.383233 |
Thu 16 Nov 2023, 04:00PM | Carvana Stock, CarMax Sink As Amazon Enters Online Car Sales | The e-commerce giant said its digital vehicle sales will start with Hyundai cars sold by dealerships. "This new shopping experience will create another way for dealers to build awareness of their selection and offer convenience to their customers," Amazon said in a blog post. As part of the deal, South Korea's Hyundai will integrate Amazon's Alexa voice assistant into its cars beginning in 2025. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | 1.61676 |
Thu 16 Nov 2023, 04:00PM | REFILE-US STOCKS-Wall St dips, rally takes breather as Cisco and Walmart drag | The Dow Jones Industrial Average closed down slightly on Thursday, with pressure from Cisco and Walmart after disappointing forecasts. Shares of Cisco Systems tumbled as the communications and networking technology company cut its full-year revenue and profit forecasts on slowing demand for its networking equipment. Also in technology, Palo Alto Networks shares fell after its forecast late Wednesday for second-quarter billings that missed expectations. | CSCO | Cisco Systems, Inc. | Technology | Communication Equipment | 2.236979 |
Thu 16 Nov 2023, 04:00PM | REFILE-US STOCKS-Wall St dips, rally takes breather as Cisco and Walmart drag | The Dow Jones Industrial Average closed down slightly on Thursday, with pressure from Cisco and Walmart after disappointing forecasts. Shares of Cisco Systems tumbled as the communications and networking technology company cut its full-year revenue and profit forecasts on slowing demand for its networking equipment. Also in technology, Palo Alto Networks shares fell after its forecast late Wednesday for second-quarter billings that missed expectations. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | 0.597078 |
Thu 16 Nov 2023, 03:56PM | The 3 Most Undervalued EV Stocks to Buy Now: November 2023 | Tesla (NASDAQ:TSLA) currently trades at 8.6x sales. TSLA shares are up more than 127% year-to-date. If I’m considering undervalued EV stocks to buy, Tesla would not be it. Who are the undervalued EV stocks to buy? Well, they trade for less than 8.6x sales. An appropriate criterion for a cut-off point would be a P/S ratio of half that amount. InvestorPlace - Stock Market News, Stock Advice & Trading Tips So, I’m searching for an automotive stock that trades for less than 4.3x sales. According to | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -0.219651 |
Thu 16 Nov 2023, 03:53PM | Amazon Shoppers Can Buy a Hyundai Online Starting Next Year | (Bloomberg) -- Amazon.com Inc. customers will be able to buy Hyundai Motor Co. vehicles on the e-commerce giant’s website starting next year.Most Read from BloombergHamas Mastermind Who Tricked Israel Is Top Target in Gaza Tunnels‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers: Markets WrapApple Plans to Make It Easier to Text Between iPhones and AndroidsBiden, Xi Declare Progress After Concluding Four-Hour SummitXi Says China Seeks to Be Friends With US, Won’t Fight ‘Hot War’Currently shoppers | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | 1.61676 |
Thu 16 Nov 2023, 03:52PM | Starbucks Workers Go On ‘Red Cup’ Strike. The Stock Is Up. | The Workers United union has been organizining baristas over the past two years. It has yet to reach a contract with the coffee chain. | SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | -0.825439 |
Thu 16 Nov 2023, 03:46PM | Amazon & Hyundai partnership, SoFi, Alibaba: Trending Stocks | Amazon (AMZN) announces a partnership with Hyundai Motor Company (HYMTF) as the online retailer will let auto dealers to sell cars through its website and app. The Korean automaker will be the first car brand available through the new feature. Online auto dealer stocks like CarMax (KMX) and Carvana (CVNA) are sinking Thursday afternoon amid this news. SoFi Technologies (SOFI) shares trend lower ahead of the closing bell as investors react to the fintech company's confirmation of a loss-sharing agreement in its loans. Lastly, Alibaba (BABA) stock continue into the red after scrapping its plans for a cloud spin-off on the pressure of the Biden administration's chip export restrictions. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | 1.61676 |
Thu 16 Nov 2023, 03:38PM | EMERGING MARKETS-Brazil rally supports Latam stocks; Colombia, Peru FX drop after weak GDP data | * Latam Stocks up 0.4%, FX flat * Peruvian sol, Colombian peso drops after Wednesday GDP data * Falling oil prices weigh on commodity currencies (Updated at 3pm ET/2000 GMT) By Siddarth S Nov 16 (Reuters) - Latin American stocks advanced for a fifth straight session on Thursday, boosted by heavyweight Brazilian shares, while the currencies of Peru and Colombia dropped over 1% each after weak economic data in both countries spurred concerns about growth. MSCI's basket of regional Latin American equities rose 0.4%, with the index trading around its highest since early August. | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.426142 |
Thu 16 Nov 2023, 03:35PM | Amazon Will Allow Car Sales on Its Website. CarMax and Carvana Stocks Are Down. | Amazon (ticker: AMZN) said Thursday that it will begin online sales of vehicles next year. The car maker named Amazon Web Services as its preferred cloud-computing provider to facilitate the online transformation. “Amazon is the ideal partner to help realize our vision of progress for humanity, including improving how people and goods move more efficiently and sustainably,” Hyundai Chief Executive Jaehoon Chang said in the news release. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | 1.61676 |
Thu 16 Nov 2023, 03:28PM | Dow Jones Falls Amid Walmart's Deflation Warning; Microsoft Up Again As It Enters Silicon Warpath | Dow Jones fell Thursday. Walmart CEO warned of deflationary trends on the earnings call. Microsoft entered silicon wars with its new custom designed AI chip. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -1.181166 |
Thu 16 Nov 2023, 03:28PM | Dow Jones Falls Amid Walmart's Deflation Warning; Microsoft Up Again As It Enters Silicon Warpath | Dow Jones fell Thursday. Walmart CEO warned of deflationary trends on the earnings call. Microsoft entered silicon wars with its new custom designed AI chip. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.299059 |
Thu 16 Nov 2023, 03:23PM | Amazon tries a Target-style celebrity move | The online giant has studied something that has been really successful for its rival and has its own version of it. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | 1.25731 |
Thu 16 Nov 2023, 03:23PM | Amazon tries a Target-style celebrity move | The online giant has studied something that has been really successful for its rival and has its own version of it. | TGT | Target Corporation | Consumer Defensive | Discount Stores | 0.733544 |
Thu 16 Nov 2023, 03:18PM | Soon, You'll Be Able to Buy a Car on Amazon. Should You? | Given Amazon's vast range of inventory, it's hard to believe the online retail giant was once nothing more than a humble online bookseller. Amazon has launched a new partnership with Hyundai Motor Company that will allow consumers to shop for a car online in 2024. Customers will be able to go onto Amazon and search for available vehicles in their area based on different preferences, including model, color, and features. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | 1.25731 |
Thu 16 Nov 2023, 03:18PM | Dow Slides in Afternoon Trading | Why Is the Dow Down? Blame Cisco and Walmart. The Dow Jones Industrial Average was down 128 points, or 0.4%, as the final hour of trading approached. Cisco Systems and Walmart were the difference between a day of gains and the current decline. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.299059 |
Thu 16 Nov 2023, 03:18PM | Dow Slides in Afternoon Trading | Why Is the Dow Down? Blame Cisco and Walmart. The Dow Jones Industrial Average was down 128 points, or 0.4%, as the final hour of trading approached. Cisco Systems and Walmart were the difference between a day of gains and the current decline. | CSCO | Cisco Systems, Inc. | Technology | Communication Equipment | 1.963965 |
Thu 16 Nov 2023, 03:14PM | Stock Market Today: Stocks lower amid Treasury rally, Walmart slump weighs on Dow | Markets are holding on to solid November gains in early Thursday trading following weaker-than-expected job market data and a cautious holiday outlook from Walmart. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.299059 |
Thu 16 Nov 2023, 03:07PM | Maxine Waters Keeps Pressure on Citigroup Over Armenian-American Discrimination | Citigroup is facing more heat Thursday [for discriminating against Armenian Americans.]( | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.343376 |
Thu 16 Nov 2023, 03:07PM | Maxine Waters Keeps Pressure on Citigroup Over Armenian-American Discrimination | Citigroup is facing more heat Thursday [for discriminating against Armenian Americans.]( | C | Citigroup Inc. | Financial Services | Banks—Diversified | 0.82794 |
Thu 16 Nov 2023, 03:03PM | Chart of the Day: We're Seeing a Refreshing Change for Pepsi | Pepsi has seen a large fall from its highs, but the stock has managed to consolidate and "tighten up" around the upper $150s. Of course, that can change with some news, but for now, the buyers are certainly coming at Pepsi. The Moving Average Convergence Divergence (MACD) oscillator is on a buy signal crossover here, too. | PEP | PepsiCo, Inc. | Consumer Defensive | Beverages - Non-Alcoholic | -0.775196 |
Thu 16 Nov 2023, 02:59PM | UPDATE 1-Apple to make messaging between iPhones and Androids easier - Bloomberg News | Apple plans to adopt a messaging standard next year that will allow for a smoother texting experience between iPhones and Android devices, Bloomberg News reported on Thursday. The company has been pushing back on the Rich Communication Services (RCS) standard for more than a year, even as Alphabet's Google and others have pressured the iPhone maker to adopt the technology, the report said. Apple did not immediately respond to a Reuters request for comment. | AAPL | Apple Inc. | Technology | Consumer Electronics | 0.132045 |
Thu 16 Nov 2023, 02:59PM | US STOCKS-Wall St dips, rally takes breather as Cisco, Walmart drop | Wall Street's main indexes were down slightly on Thursday, with pressure from Cisco and Walmart after disappointing forecasts, while a drop in Treasury yields cushioned some megacap stocks. Shares of Cisco Systems shed 11.6% as the communications and networking technology company cut its full-year revenue and profit forecasts on slowing demand for its networking equipment. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.299059 |
Thu 16 Nov 2023, 02:59PM | US STOCKS-Wall St dips, rally takes breather as Cisco, Walmart drop | Wall Street's main indexes were down slightly on Thursday, with pressure from Cisco and Walmart after disappointing forecasts, while a drop in Treasury yields cushioned some megacap stocks. Shares of Cisco Systems shed 11.6% as the communications and networking technology company cut its full-year revenue and profit forecasts on slowing demand for its networking equipment. | CSCO | Cisco Systems, Inc. | Technology | Communication Equipment | 1.963965 |
Thu 16 Nov 2023, 02:34PM | Tax Software Stock In Buy Zone As Investors Write Off Prior Slump | Intuit stock was among dozens of companies that broke out of bases over the past week, and the tax software publisher's shares remain in a buy zone. Intuit jumped above a 550.12 buy point out of a double-bottom base Tuesday, with volume that was 42% above average on the move. Intuit stock lost more than half its value in a six-month stretch. | INTU | Intuit Inc. | Technology | Software - Application | 0.380897 |
Thu 16 Nov 2023, 02:19PM | DENSO Digs Deep to Win Supplier Excellence Award from Caterpillar Inc. | DENSO, a leading mobility supplier, has won a Supplier Excellence Award 2023 from Caterpillar Inc. (NYSE: CAT), establishing it among an exceptional supplier group that met or exceeded rigorous requirements and achieved world-class certification levels. Of Caterpillar's more than 6,600 direct suppliers worldwide, only 20 earned excellence status this year. | CAT | Caterpillar Inc. | Industrials | Farm & Heavy Construction Machinery | 2.045925 |
Thu 16 Nov 2023, 02:14PM | CyberArk Joins the Microsoft Security Copilot Partner Private Preview | NEWTON, Mass. & PETACH TIKVA, Israel, November 16, 2023--CyberArk (NASDAQ: CYBR), the identity security company, today announced its participation in the Microsoft Security Copilot Partner Private Preview. CyberArk was selected based on its proven experience with Microsoft Security technologies, willingness to explore and provide feedback on cutting edge functionality, and close relationship with Microsoft. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -0.962491 |
Thu 16 Nov 2023, 02:14PM | Here's How Traders Should Approach Intel Now | Intel Corp pushed higher on the charts Thursday as Mizuho upgraded the stock to a buy recommendation. Let's check out the charts and indicators for any price targets. In this daily bar chart of INTC, below, I see a mixed picture. | INTC | Intel Corporation | Technology | Semiconductors | 1.322933 |
Thu 16 Nov 2023, 02:05PM | Wal-Mart Shares on Pace for Worst Day of the Year | Walmart stock was on track for its worst day of the year after the firm’s outlook spooked the market. Walmart stock was down 7.8% in Thursday afternoon trading, which would be its largest decline since it sank more than 11% in May 2022. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.11474 |
Thu 16 Nov 2023, 02:03PM | UPDATE 2-US wraps up antitrust case against Google in historic trial | The U.S. government hammered away at its main arguments against Alphabet's Google on Thursday, wrapping up the evidentiary phase of a court battle in which it has accused the online search leader of breaking antitrust law to stay on top. In the trial, which started on Sept. 12, the Justice Department sought to prove that Google is a monopolist and illegally abused its power to favor its bottom line. Judge Amit Mehta of the U.S. District Court for the District of Columbia said he was undecided on which way to rule. | GOOGL | Alphabet Inc. | Communication Services | Internet Content & Information | -1.164364 |
Thu 16 Nov 2023, 02:03PM | UPDATE 2-US wraps up antitrust case against Google in historic trial | The U.S. government hammered away at its main arguments against Alphabet's Google on Thursday, wrapping up the evidentiary phase of a court battle in which it has accused the online search leader of breaking antitrust law to stay on top. In the trial, which started on Sept. 12, the Justice Department sought to prove that Google is a monopolist and illegally abused its power to favor its bottom line. Judge Amit Mehta of the U.S. District Court for the District of Columbia said he was undecided on which way to rule. | GOOG | Alphabet Inc. | Communication Services | Internet Content & Information | -1.199078 |
Thu 16 Nov 2023, 02:01PM | Cisco Stock Sinks. Wall Street Is Worried About IT Spending. | Cisco stock was sinking on Thursday in response to the networking firm’s latest earnings report. Blame the outlook. Cisco stock was down 11.5% to $47.16 in Thursday afternoon trading, on pace for its worst day since May 19, 2022, when it fell 13. | CSCO | Cisco Systems, Inc. | Technology | Communication Equipment | 1.76985 |
Thu 16 Nov 2023, 01:52PM | Elon Musk No Longer an APEC CEO Summit Speaker After Controversial Comments | Elon Musk, the CEO of Tesla and owner social-media platform X, is no longer a speaker at the 2023 APEC CEO Summit in San Francisco. It wasn’t immediately clear why his name was removed from the agenda, but the change came after Musk backed a claim that Jewish communities are pushing hatred against whites. Musk had been scheduled to co-host a session with Salesforce (CRM) CEO Marc Benioff on Thursday afternoon called “a conversation on AI and the Future,” according to the agenda of the summit. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -1.808522 |
Thu 16 Nov 2023, 01:49PM | Apple Plans to Make It Easier to Text Between iPhones and Androids | (Bloomberg) -- In a major reversal, Apple Inc. plans to adopt a technological standard next year that will allow text messaging to operate more smoothly between iPhones and Android devices.Most Read from BloombergHamas Mastermind Who Tricked Israel Is Top Target in Gaza Tunnels‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers: Markets WrapApple Plans to Make It Easier to Text Between iPhones and AndroidsBiden, Xi Declare Progress After Concluding Four-Hour SummitXi Says China Seeks to Be Friends | AAPL | Apple Inc. | Technology | Consumer Electronics | -0.034276 |
Thu 16 Nov 2023, 01:44PM | Stock Market Losses Persist; Chip Stock Rallies On An Upgrade | The stock market remained in the red across the major indexes. Intel stock rallied and led the Dow Jones on Thursday after an analyst upgrade. | INTC | Intel Corporation | Technology | Semiconductors | 1.322933 |
Thu 16 Nov 2023, 01:42PM | BlackRock Stock Is Back In Black; Poised To Pop? | BlackRock stock shows improving price performance, earning an upgrade to its IBD Relative Strength Rating. | BLK | BlackRock, Inc. | Financial Services | Asset Management | 1.14426 |
Thu 16 Nov 2023, 01:21PM | What retailers can expect from consumers during holidays | Walmart (WMT) released its third-quarter earnings Thursday morning, posting a revenue of $160.8 billion, up 5.2% year-over-year and higher than estimates of $159.13 billion. Macy's (M) saw a small boost after posting its third-quarter earnings, showing an earnings beat on the top and bottom lines. The retailer also revealed that sales fell by 7% year-over-year citing inventory backlog issues. Both retailers, among others, are gearing up for the holiday season as research from Klarna shows consumers are changing their spending habits and strategies for purchasing goods. TD Cowen Research Analyst Oliver Chen joins Yahoo Finance to discuss these companies' performances and how they might adjust for an evolving consumer. Chen also explains which retailers will have the best value from a stock perspective: "What we continue to see, Akiko, is this bifurcation theory, so owning very premium great luxury... the LVMH portfolio (MC.PA) — which includes Dior, Vuitton, and Sephora — and then also a customer that is obsessed with value, and wants opening price points and is responding to promotions. So great ideas there include Walmart and Costco (COST) because at Costco you get the treasure hunt and you get extreme value, Walmart you get everyday low value, plus you're getting a tech play..." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.254627 |
Thu 16 Nov 2023, 01:03PM | Cisco and Walmart Are Down and ... In (In the Bullpen, That Is) | Here's why we're keeping close to these two names, and how Cisco's slip could hit Marvell. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.254627 |
Thu 16 Nov 2023, 01:03PM | Cisco and Walmart Are Down and ... In (In the Bullpen, That Is) | Here's why we're keeping close to these two names, and how Cisco's slip could hit Marvell. | CSCO | Cisco Systems, Inc. | Technology | Communication Equipment | 2.419797 |
Thu 16 Nov 2023, 01:01PM | Amazon sends an important warning to shoppers ahead of Black Friday sales | Amazon is telling its shoppers to be wary of scams ahead of the major Thanksgiving shopping weekend. This year alone, the company has shutdown 45,000 phishing websites and 15,000 phone numbers that scammers have used to trick customers. The first is when scammers pose as customer representatives and tell customers that their account may be suspended if they don't update specific information, which includes log-in and payment information. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | 1.924771 |
Thu 16 Nov 2023, 01:00PM | 6 Most Affordable New Cars for the Average American | The median household income in America, according to the U.S. Census Bureau, was $74,580 in 2022. The number represents a slight decline (2.3%) from the previous year. Many Americans are forced to... | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.563117 |
Thu 16 Nov 2023, 12:53PM | Midday Movers: Cisco and Walmart Tumble, Intel Jumps | The recent rally for U.S. equities sputtered at midday on Thursday, Nov. 16, 2023 after several companies warned about customer spending. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.254627 |
Thu 16 Nov 2023, 12:53PM | Midday Movers: Cisco and Walmart Tumble, Intel Jumps | The recent rally for U.S. equities sputtered at midday on Thursday, Nov. 16, 2023 after several companies warned about customer spending. | INTC | Intel Corporation | Technology | Semiconductors | 2.39943 |
Thu 16 Nov 2023, 12:53PM | Midday Movers: Cisco and Walmart Tumble, Intel Jumps | The recent rally for U.S. equities sputtered at midday on Thursday, Nov. 16, 2023 after several companies warned about customer spending. | CSCO | Cisco Systems, Inc. | Technology | Communication Equipment | 2.419797 |
Thu 16 Nov 2023, 12:49PM | Citi to Team Up With Indian Bank to Support Female Entrepreneurs, CEO Fraser Says | (Bloomberg) -- Citigroup Inc. plans to unveil a partnership with a bank in India to fund female small-business owners in the country, part of its financing work for enterprises including automakers and parts suppliers across Asia, Central America and elsewhere.Most Read from BloombergHamas Mastermind Who Tricked Israel Is Top Target in Gaza Tunnels‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers: Markets WrapApple Plans to Make It Easier to Text Between iPhones and AndroidsBiden, Xi Declare Prog | C | Citigroup Inc. | Financial Services | Banks—Diversified | 1.180204 |
Thu 16 Nov 2023, 12:46PM | US STOCKS-Wall St rally takes breather as Cisco, Walmart drop | Wall Street's main indexes fell on Thursday, dragged down by Cisco and Walmart following underwhelming forecasts, while a drop in Treasury yields cushioned some megacap stocks. Shares of Cisco Systems shed 11.8% as the communications and networking firm cut its full-year revenue and profit forecasts on slowing demand for its networking equipment. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.254627 |
Thu 16 Nov 2023, 12:46PM | US STOCKS-Wall St rally takes breather as Cisco, Walmart drop | Wall Street's main indexes fell on Thursday, dragged down by Cisco and Walmart following underwhelming forecasts, while a drop in Treasury yields cushioned some megacap stocks. Shares of Cisco Systems shed 11.8% as the communications and networking firm cut its full-year revenue and profit forecasts on slowing demand for its networking equipment. | CSCO | Cisco Systems, Inc. | Technology | Communication Equipment | 2.419797 |
Thu 16 Nov 2023, 12:43PM | Joe Rogan and The Rock have big opinions about Elon Musk's Cybertruck | Rogan had Johnson on "The Joe Rogan Experience" podcast on Wednesday, Nov. 15, and at one point the two talked cars, particularly Tesla vehicles. Johnson had apparently never seen the Cybertruck yet, so Rogan went on to show him photos of Tesla's newest vehicle. The Rock didn't necessarily affirm that he was going to purchase the vehicle, nor did he affirm whether Rogan's pitch was convincing. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -1.71678 |
Thu 16 Nov 2023, 12:26PM | Investor takeaways of Berkshire Hathaway's revised holdings | Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) has sold its stake in several major companies, including General Motors (GM) and Johnson & Johnson (JNJ). Berkshire Hathaway’s biggest holdings remain Apple (AAPL), Bank of America (BAC), and American Express (AXP) in recent 13F filings. Portfolio Wealth Advisors President and CIO Lee Munson joins Yahoo Finance Live to weigh in on the possible reasons for the firm's decision to exit its positions. Munson notes Buffett is “holding on” to investments in companies such as Bank of America due to the net profit boost a possible 2024 bond rally could bring. Munson sheds light on Buffett’s strategy which appears to be changing, insisting that “the real story is what the 13F [filing] doesn’t tell us." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | BAC | Bank of America Corporation | Financial Services | Banks—Diversified | 1.448785 |
Thu 16 Nov 2023, 12:26PM | Investor takeaways of Berkshire Hathaway's revised holdings | Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) has sold its stake in several major companies, including General Motors (GM) and Johnson & Johnson (JNJ). Berkshire Hathaway’s biggest holdings remain Apple (AAPL), Bank of America (BAC), and American Express (AXP) in recent 13F filings. Portfolio Wealth Advisors President and CIO Lee Munson joins Yahoo Finance Live to weigh in on the possible reasons for the firm's decision to exit its positions. Munson notes Buffett is “holding on” to investments in companies such as Bank of America due to the net profit boost a possible 2024 bond rally could bring. Munson sheds light on Buffett’s strategy which appears to be changing, insisting that “the real story is what the 13F [filing] doesn’t tell us." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | AXP | American Express Company | Financial Services | Credit Services | 1.350838 |
Thu 16 Nov 2023, 12:26PM | Investor takeaways of Berkshire Hathaway's revised holdings | Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) has sold its stake in several major companies, including General Motors (GM) and Johnson & Johnson (JNJ). Berkshire Hathaway’s biggest holdings remain Apple (AAPL), Bank of America (BAC), and American Express (AXP) in recent 13F filings. Portfolio Wealth Advisors President and CIO Lee Munson joins Yahoo Finance Live to weigh in on the possible reasons for the firm's decision to exit its positions. Munson notes Buffett is “holding on” to investments in companies such as Bank of America due to the net profit boost a possible 2024 bond rally could bring. Munson sheds light on Buffett’s strategy which appears to be changing, insisting that “the real story is what the 13F [filing] doesn’t tell us." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | -0.947103 |
Thu 16 Nov 2023, 12:26PM | Investor takeaways of Berkshire Hathaway's revised holdings | Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) has sold its stake in several major companies, including General Motors (GM) and Johnson & Johnson (JNJ). Berkshire Hathaway’s biggest holdings remain Apple (AAPL), Bank of America (BAC), and American Express (AXP) in recent 13F filings. Portfolio Wealth Advisors President and CIO Lee Munson joins Yahoo Finance Live to weigh in on the possible reasons for the firm's decision to exit its positions. Munson notes Buffett is “holding on” to investments in companies such as Bank of America due to the net profit boost a possible 2024 bond rally could bring. Munson sheds light on Buffett’s strategy which appears to be changing, insisting that “the real story is what the 13F [filing] doesn’t tell us." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers—General | 0.476632 |
Thu 16 Nov 2023, 12:26PM | Investor takeaways of Berkshire Hathaway's revised holdings | Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) has sold its stake in several major companies, including General Motors (GM) and Johnson & Johnson (JNJ). Berkshire Hathaway’s biggest holdings remain Apple (AAPL), Bank of America (BAC), and American Express (AXP) in recent 13F filings. Portfolio Wealth Advisors President and CIO Lee Munson joins Yahoo Finance Live to weigh in on the possible reasons for the firm's decision to exit its positions. Munson notes Buffett is “holding on” to investments in companies such as Bank of America due to the net profit boost a possible 2024 bond rally could bring. Munson sheds light on Buffett’s strategy which appears to be changing, insisting that “the real story is what the 13F [filing] doesn’t tell us." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | AAPL | Apple Inc. | Technology | Consumer Electronics | -0.265881 |
Thu 16 Nov 2023, 12:14PM | Cisco Shares Tumble as Outlook Misses Estimates After a Pullback in Orders | Cisco Systems (CSCO) shares plummeted over 11% in early trading Thursday as the computer network equipment maker’s current quarter guidance missed estimates, and it cut its full-year outlook as customers pulled back on spending. Cisco said it anticipates second quarter fiscal 2024 revenue in the range of $12.6 billion to $12.8 billion, well short of forecasts. Cisco said it saw a slowdown of new product orders in the first quarter, adding that it believes “the primary reason is that customers are currently focused on installing and implementing products in their environments following exceptionally strong product delivery over the past three quarters.” | CSCO | Cisco Systems, Inc. | Technology | Communication Equipment | 2.455124 |
Thu 16 Nov 2023, 12:12PM | What Walmart, Alibaba declines tell about US, China consumer | Walmart (WMT) and Alibaba (BABA) are seeing noticeable drop-offs in their stocks on Thursday. Yahoo Finance Markets Reporter Jared Blikre analyzes what this data can help infer about American and Chinese consumers, looking at sales growth figures and China's own GDP outlook. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.308574 |
Thu 16 Nov 2023, 12:12PM | What Walmart, Alibaba declines tell about US, China consumer | Walmart (WMT) and Alibaba (BABA) are seeing noticeable drop-offs in their stocks on Thursday. Yahoo Finance Markets Reporter Jared Blikre analyzes what this data can help infer about American and Chinese consumers, looking at sales growth figures and China's own GDP outlook. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 0.343376 |
Thu 16 Nov 2023, 12:00PM | Earnings Sent Target and Walmart Stock in Different Directions. Here’s Why. | The same might be said of the big box retailers, which saw very different stock moves after reporting earnings this week. Target stock (ticker: TGT) surged double-digits in percentage terms Wednesday after a mixed report. The company’s earnings beat consensus expectations, even as its revenue was light and comparable sales fell 4.6% in its fiscal third quarter. | TGT | Target Corporation | Consumer Defensive | Discount Stores | 0.508477 |
Thu 16 Nov 2023, 12:00PM | Earnings Sent Target and Walmart Stock in Different Directions. Here’s Why. | The same might be said of the big box retailers, which saw very different stock moves after reporting earnings this week. Target stock (ticker: TGT) surged double-digits in percentage terms Wednesday after a mixed report. The company’s earnings beat consensus expectations, even as its revenue was light and comparable sales fell 4.6% in its fiscal third quarter. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.308574 |
Thu 16 Nov 2023, 11:59AM | Microsoft stock touches record on Ignite AI chip plans, Wedbush price target boost | Microsoft CEO Satya Nadella described the current AI development stage as a 'tipping point' for the tech industry at the group's flagship developers' conference. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -0.928151 |
Thu 16 Nov 2023, 11:56AM | Mastercard (MA) Eases Checkouts in Asia Pacific With Biometrics | Mastercard (MA), aided by NEC, brings its Biometric Checkout Program to the Asia Pacific. The move will aid merchants and consumers with prompt contactless checkouts and higher security in digital payments. | MA | Mastercard Incorporated | Financial Services | Credit Services | 0.659932 |
Thu 16 Nov 2023, 11:51AM | Getting to net zero will require more green products and green energy, Accenture says | We're way off track to reach net zero by 2050. But opportunities good for both planet and business still exist. | ACN | Accenture plc | Technology | Information Technology Services | 0.415526 |
Thu 16 Nov 2023, 11:50AM | UPDATE 1-US regulators push Wells Fargo to improve financial crime monitoring - WSJ | U.S. regulators are pushing Wells Fargo to improve its monitoring system to detect criminal activity at the bank, the Wall Street Journal reported on Thursday, citing people with knowledge of the matter. Regulators were focused on the bank's consumer-watching systems broadly, not any specific client or event, the report said. Despite its efforts to repair the flaws identified by regulators, a public penalty has not been ruled out for the bank, the WSJ report said. | WFC | Wells Fargo & Company | Financial Services | Banks—Diversified | 0.745471 |
Thu 16 Nov 2023, 11:46AM | GM workers at Arlington plant vote in favor of labor deal | General Motors (GM) workers at the automaker's largest US factory in Arlington, Texas have voted in majority favor of the tentative labor contract with the United Auto Workers (UAW) union. Yahoo Finance Autos Correspondent Pras Subramanian reports on how this could sway votes on whether to ratify the labor deal from other plants. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | -0.947103 |
Thu 16 Nov 2023, 11:43AM | Target reveals shocking results from anti-theft measures | The big box retailer's CEO captured a surprising sentiment after ramping up retail crime efforts in the back half of 2023. | TGT | Target Corporation | Consumer Defensive | Discount Stores | 0.508477 |
Thu 16 Nov 2023, 11:42AM | Tesla Loses Vital Supplier to GM | The giga game is changing. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -2.3469 |
Thu 16 Nov 2023, 11:42AM | Burberry Q2 sales, Gap, Alibaba scraps spin-off: Top Stocks | Markets (^DJI, ^IXIC, ^GSPC) are under a little pressure Thursday morning as Walmart (WMT) posted third-quarter earnings, softening its full-year guidance. Shares of Burberry (BRBY.L) are falling as the luxury fashion brand posted weak second-quarter sales, with only 1% growth in comparable store sales. The trend is worrying as luxury goods seem to have been hit by worrying economic trends and rising inflation. Gap (GPS) will release third-quarter earnings results after the closing bell on Thursday. The retailer has boosted revenue guidance three times over the past month. Investors still remain cautious as trends across fashion companies show a slowdown in consumer spending for the sector. Alibaba (BABA) has also taken a hit Thursday morning as the company announced it will scrap spin-off plans for its cloud unit. The Chinese company cites the Biden administration's recent restrictions on AI chip exports to China as the main reason. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -0.308574 |
Thu 16 Nov 2023, 11:40AM | Why 'Grimace' And 'Hamburglar' Crocs Are The Fashion Statement Of The Year: Announcing The McDonald's x Crocs Collection (NASDAQ: CROX) | McDonald’s and Crocs are two well-known brands that do not at first glance seem to have a connection. However, the two companies joined forces to create an exclusive shoe collection that satisfies foodies and fashionistas around the world. The McDonald’s x Crocs collection, inspired by iconic McDonald’s characters and the brand’s loyal fan base, will feature a range of shoes, socks and Jibbitz™ charms that capture the essence of McDonald’s in a fun and stylish way. Crocs Inc. acquired Jibbitz, a | MCD | McDonald's Corporation | Consumer Cyclical | Restaurants | 0.686619 |
Thu 16 Nov 2023, 11:36AM | Why Intel Stock Popped on Thursday | On a down day for the stock market, one semiconductor stock is breaking from the herd and running higher. As of 10:50 a.m. ET, Intel (NASDAQ: INTC) shares are gaining 3.2%. You can thank the friendly analysts at investment bank Mizuho & Co. for that. | INTC | Intel Corporation | Technology | Semiconductors | 1.937014 |
Thu 16 Nov 2023, 11:30AM | The Bank of New York Mellon Corporation (BK) Up 7.9% Since Last Earnings Report: Can It Continue? | The Bank of New York Mellon Corporation (BK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. | BK | The Bank of New York Mellon Corporation | Financial Services | Asset Management | 0.948069 |
Thu 16 Nov 2023, 11:30AM | Why Is Bank of America (BAC) Up 8.5% Since Last Earnings Report? | Bank of America (BAC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. | BAC | Bank of America Corporation | Financial Services | Banks—Diversified | 1.448785 |
Thu 16 Nov 2023, 11:30AM | Why Is Goldman (GS) Up 11.8% Since Last Earnings Report? | Goldman (GS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. | GS | The Goldman Sachs Group, Inc. | Financial Services | Capital Markets | 0.821864 |
Thu 16 Nov 2023, 11:27AM | Cisco (CSCO) Q1 Earnings Top Estimates, Revenues Up Y/Y | Cisco's (CSCO) fiscal first-quarter results reflect strength across the Networking and Security segments, as well as gross margin expansion. | CSCO | Cisco Systems, Inc. | Technology | Communication Equipment | -9.77647 |
Thu 16 Nov 2023, 11:23AM | Nvidia stock breaks hot streak, enters overbought territory | Nvidia (NVDA) shares have begun to enter overbought territory for the first time since July of this year. Nvidia is part of an array of technology stocks rebounding amid cooling inflation and hopes that Federal Reserve interest rates have peaked. On Monday, the company announced several updates on its artificial intelligence processors, giving a boost in trading. Yahoo Finance Reporter Jared Blikre joins the Live show to break down the semiconductor giant's previous win streak. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. | NVDA | NVIDIA Corporation | Technology | Semiconductors | 0.881228 |
Thu 16 Nov 2023, 11:16AM | When to expect weight loss drugs to hit food, beverage sales | Weight loss drugs are at the forefront of demand in the pharmaceutical sector as major drug manufacturers Novo Nordisk (NVO) and Lilly (LLY) undergoing clinical trials for new GLP-1 drugs. And, one analyst says the impact could affect apparel markets, not just food sales. Bank of America Senior Analyst Geoff Meacham joins Yahoo Finance's Anjalee Khemlani to provide his take on the economic impact of weight loss drugs and how soon it could be felt in select industries. Meacham notes that while he sees various industries being impacted within the next two years, these industries "should be fine." Immediate impact is hard to gauge, according to Meacham, as a threshold would have to be reached to "move the needle" on expected hits to volumes. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Additionally, Yahoo Finance will be providing more analysis on the healthcare industry in its week-long special Healthcare: Industry Checkup. | LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | -0.143476 |
Thu 16 Nov 2023, 11:10AM | Cisco Beats on Earnings, Cuts Outlook: ETFs in Focus | Cisco Systems (CSCO) beat first-quarter fiscal 2024 estimates on both counts but cut its revenue and earnings outlook for the fiscal year, which pulled down the stock price. | CSCO | Cisco Systems, Inc. | Technology | Communication Equipment | -9.77647 |
Thu 16 Nov 2023, 11:09AM | UAW ratifies labor deal with General Motors | DETROIT (Reuters) -General Motors' tentative labor deal with the United Auto Workers (UAW) union has clinched ratification, making its workers the first of those at the Detroit Three automakers to approve the agreement. The vote locks in the UAW's tentative agreement with GM after an unprecedented six-week campaign of coordinated strikes at all three automakers that focused attention on boosting workers' wages. The UAW's GM vote tracking site shows approval of the contract leading by a 55% to 45% margin with nearly 36,000 workers having cast votes out of about 46,000 UAW-represented GM workers. | GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | -1.510303 |
Thu 16 Nov 2023, 11:05AM | UPDATE 3-UAW ratifies labor deal with General Motors | General Motors' tentative labor deal with the United Auto Workers (UAW) union has clinched ratification, making its workers the first of those at the Detroit Three automakers to approve the agreement. The vote locks in the UAW's tentative agreement with GM after an unprecedented six-week campaign of coordinated strikes at all three automakers that focused attention on boosting workers' wages. The UAW's GM vote tracking site shows approval of the contract leading by a 55% to 45% margin with nearly 36,000 workers having cast votes out of about 46,000 UAW-represented GM workers. | GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | -1.510303 |
Thu 16 Nov 2023, 10:57AM | Walmart (WMT) Q3 Earnings Match Estimates, Guidance Raised | Walmart's (WMT) third-quarter fiscal 2024 results reflect sales growth across all segments. The company gains from solid comp sales growth and a robust omnichannel model. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -7.704542 |
Thu 16 Nov 2023, 10:51AM | Housing starts, BJs Wholesale reports, stopgap funding: 3 things to watch | Investing.com -- Stocks were lower heading into the final few minutes of trading on Thursday, taking a pause in a rally after cautious words about consumer spending from the largest U.S. retailer, Walmart (NYSE:WMT). | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -7.704542 |
Thu 16 Nov 2023, 10:48AM | Jim Cramer takes shot at Bob Iger, Disney's 'disappointing' performance | If you've followed legendary stock-picker Jim Cramer over the past few years you know that he has been one of Disney's biggest boosters. Since the media conglomerate purchased Fox's movie studio and entertainment division for more than $70 billion in 2017, Cramer's base case for Disney has been that it will emerge as the media king among its rivals at Paramount Global and NBCUniversal . Disney stock is up less than 6% year to date, thanks largely to a two-week rally that has reversed the course of the stock after it hit a 10% year-to-date decline in late October. | DIS | The Walt Disney Company | Communication Services | Entertainment | 0.627817 |
Thu 16 Nov 2023, 10:44AM | Dow Jones Falls After Jobless Claims; Cisco, Walmart Dive On Earnings | The Dow Jones fell after the Labor Department's initial jobless claims. Cisco Systems and Walmart dived on earnings reports. | WMT | Walmart Inc. | Consumer Defensive | Discount Stores | -7.704542 |