Oracle’s profit is higher than expected
Key points: Oracle beat forecasts for quarterly profit. The S&P 500 and Nasdaq indexes fell slightly. Shares of chip companies ext…
Stock market and company news
Earnings, dividends, corporate deals and market-moving events selected by ParadNEWS to help investors understand what is driving stock prices.
The Nasdaq closed 1.5% higher
Key points: The S&P 500 broke a record, rising 1% to close at 5,157.36. The Nasdaq rose 1.5%, led by technology and growth stocks.…
Tesla shares fall due to weaker demand
Key points: Tesla shares fell for the third day in a row; the electric vehicle manufacturer left the top 10 most valuable US companies…
Indices are down, Nasdaq is under pressure
Key points: All three major Wall Street indexes fell more than 1%. The Nasdaq Composite fell 1.65%, hit hardest by declines in Apple a…
Markets decline amid Chinese policy
Key points: Global stocks fell below recent highs due to the lack of large-scale economic stimulus from China. China has set a GDP gro…
Is the S&P 500 rally only thanks to AI?
Key points: Recent gains in sectors such as industrials and materials could be a sign that the S&P 500’s rally extends beyon…
Startup Figure raised $675 million
Key points: Nvidia, Microsoft, and Amazon.com have invested in the robotics startup Figure. The company’s AI models are based on…
Nasdaq reaches record closing level
Key points: The Nasdaq Composite Index broke a closing record of 16,091.92 for the first time in 2.5 years. The rise of 0.90% (144.18 …