Latest Market News
Intel Corp.’s INTC, +10.16% stock rose before market open Friday, lifted by the chip maker’s third-quarter earnings beat and PC-chip sales that were slightly higher than expected. The company’s shares were up 6.2% premarket, after ending Thursday’s session down 3.5%. Intel earned 25 cents a share on net income of $1.01 billion, compared with earnings […]
Charter Communications Inc. CHTR, +4.32% saw an increase in its count of residential internet customers during the latest quarter, but the cable giant fell short of expectations on earnings. The company recorded third-quarter net income of $1.19 billion, or $7.38 a share, compared with $1.22 billion, or $6.69 a share, in the year-earlier period. Analysts […]
Colgate-Palmolive Co. stock CL, +0.56% slid 0.4% in premarket trade Friday, after the consumer goods giant missed sales estimates for the third quarter as inflationary pressures pushed costs higher and the strong dollar weighed. The company posted net income of $618 million, or 74 cents a share, for the quarter, compared with $634 million, or […]
U.S. stocks opened mixed Friday after a reading from the Federal Reserve’s preferred inflation gauge showed that the cost of living is still running hot. The blue-chip gauge Dow Jones Industrial Average DJIA, +1.82% rose 0.5% soon after the opening bell, while the S&P 500 SPX, +1.53% gained 0.1% and technology-heavy Nasdaq Composite COMP, +1.72% […]
Despite the bad numbers of daily trading, there are some signs of market revival, at least for Bitcoin-based products. 1457 Total views 56 Total shares As the crypto market shows signs of a gradual recovery, with Bitcoin (BTC) holding above the psychologically important $20,000 level after its initial crash to $17,600 in June, this month […]
Finally, investors are happy with what Intel Corp.’s INTC, +7.77% earnings report. The semiconductor maker’s stock rallied 7.4% to pace the Dow Jones Industrial Average’s DJIA, +1.20% premarket gainers, after the company reported late Thursday third-quarter profit and revenue that beat expectations and announced plans for layoffs. That would snap a nine-quarter streak in which […]