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Fortinet’s stock falls 8% after cybersecurity company’s quarterly billings drop
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Dow Futures Edge Lower After 40000 Milestone
Stock futures edged lower after the Dow crossed 40000 for the first time in the previous session, while the S&P 500 and Nasdaq Composite both ended within striking distance of new records.The Wall Street Journal - World -
Why Jim Cramer says Costco is the 'stock to buy off of' Walmart's big quarterly beat
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
Eli Lilly falls on a rival's obesity study — plus, we're removing 3 stocks from our watchlist
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.MarketWatch - Business
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Musk, Bezos, Zuckerberg and other tech titans stand in the way of the common good
What better lesson in inequality is there today than that of the extraordinary rise of the tech titans, who have harnessed technology to accumulate unimaginable wealth and power and yet prevented it from benefitting the common good?MarketWatch - Business -
Technology stocks are once again leading the way in 2024. Why these ETFs tell a different story.
U.S. stocks are rallying in 2024, but some of the most popular ETFs tracking key sectors haven’t kept pace, leading to significant gaps between their returns and the indexes they are designed to mirror.MarketWatch - Business -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
‘An AI-fueled equity bubble’ will see big tech lead the charge in coming months
Big tech can once again be the market’s crown jewels says Capital EconomicsMarketWatch - Business -
Why a shift in market environment may make an ‘accident’ more likely
Markets are returning to the traditional relationship between stocks and volatility that leaves markets more prone to an accident, according to one market observer.MarketWatch - Business