Tag: earnings

NTD Business Full Broadcast (Oct. 14)

October 14, 2021
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Thousands of John Deere workers go on strike. Why now, and what do they want? The latest U-S social media platform to leave the Chinese market — LinkedIn says it will shut down its Chinese version later this year. But it’s still going to offer a new site with limited functions. And Several Big banks…

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Wall Street Rallies 1 Percent on Upbeat Earnings, Tech Strength

October 14, 2021
Business & EconomyCompaniesearningsEconomieseconomyInvestmentLocal NewsMarket WatchMarketsMedia & Big TechNew YorkNY NewsRegional-Local NewsstrengthTechUSUS NewsWall Street
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Wall Street’s main indexes rallied on Thursday as a surge in technology stocks and strong quarterly results helped investors to look away from inflation concerns. The biggest boost came from growth names including Facebook Inc., Microsoft Corp., Amazon.com Inc., Tesla Inc., Apple Inc., and Google-parent Alphabet, which rose more than 1 percent. Bank of America…

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Earnings Optimism Drives European Stocks to Two-Week Highs

October 14, 2021
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European stocks hit a more than two-week high on Thursday as investors hoped that a steady economic recovery from the pandemic-induced slump will support corporate earnings despite signs of elevated inflation. The pan-European STOXX 600 index rose 0.8 percent, with miners up 2.1 percent and technology stocks gaining for a second day. European semiconductor companies,…

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Wall Street Closes Lower on Jitters Ahead of Earnings, Fed Minutes

October 13, 2021
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NEW YORK—U.S. stocks finished lower on Tuesday, extending losses late as investors grew more jittery in the run up to third-quarter earnings, while a jump in Tesla shares helped support the market. Adding to investor caution, the Federal Reserve is expected to release minutes on Wednesday from its last policy meeting, which market participants will…

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Nasdaq Futures Lifted by Big Tech as Focus Turns to Earnings

October 12, 2021
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Gains in technology stocks kept Nasdaq futures afloat on Tuesday, while futures tracking the Dow and the S&P 500 were pressured by worries of higher inflation and its impact on third-quarter earnings starting this week. Mega-caps growth names including Microsoft Corp., Facebook Inc., Amazon.com Inc., Google-parent Alphabet, and Tesla inched higher in premarket trading. Tesla…

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Inflation Jitters Take Toll on European Stocks Ahead of Earnings

October 12, 2021
Business & EconomyCompaniesearningsEconomieseconomyEuropeEuropeaninflationInvestmentMarket WatchMarketsstocksUKUSUS NewsWorld
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European shares slipped on Tuesday as investors feared that soaring commodity prices would hamper a recovery in corporate profit, with fresh signs of troubles at property developer China Evergrande also hitting confidence. The pan-European STOXX 600 index was down 0.3 percent in morning trading, hovering about 5 percent below its August peak. Asian stocks also…

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Wall Street Ends Choppy Session Lower on Earnings Jitters; Financials Down

October 12, 2021
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NEW YORK—U.S. stocks ended a choppy session lower on Monday as investors grew nervous ahead of third-quarter earnings reporting season. Supply chain problems and higher costs for energy and other things have fueled concern about earnings, set to kick off with JPMorgan Chase & Co. results on Wednesday. Indexes reversed early gains after midday and…

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European Stocks Slip on Rate, Earnings Jitters

October 11, 2021
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European stocks kicked off the week slightly lower on Monday as nerves around inflation and the upcoming earnings season offset surging commodity prices that supported oil and mining shares. The pan-European STOXX 600 index slipped 0.4 percent in morning trading, with travel & leisure and real estate stocks the biggest decliners. “There is still real…

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Wall Street Week Ahead: Energy Price Spike Adds Market Risk as Earnings Arrive

October 9, 2021
Business & EconomyCompaniesearningsEconomieseconomyenergyEuropeInternationalInvestmentmarketMarket WatchMarketspriceriskspikeUSUS NewsWall StreetWorld
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NEW YORK—U.S. stock market investors are gauging whether more volatility is ahead because of surging global energy prices, which could drive up inflation, erode profit margins, and pressure consumer spending. Stocks rebounded this week after Monday’s losses left the S&P 500 down 5.2 percent from its record high hit in September. A truce in the…

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Dow Aims to Add $3 Billion to Core Earnings by 2030 With New Net-Zero Unit

October 6, 2021
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Dow unveiled on Wednesday plans to boost its core earnings by $3 billion a year over the next decade, with investments that include building a new net-zero carbon emissions ethylene and derivatives facility in Alberta, Canada. The chemicals maker, once part of DowDupont, joins a growing list of companies that have announced plans to cut…

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