font size Applied Materials’ fiscal third-quarter earnings beat analyst expectations. Dream time Stock futures were falling on Friday after Standard & Poor’s 500 Third consecutive losing session. Treasury yields stalled on Friday after the 10-year note closed at its highest level since 2007. These stocks were poised to make moves on Friday: Fiscal Third Quarter … Read more
font size The new iPhone 15 series is expected to be launched in September. AFP via Getty Images apple Stocks usually do well before a new iPhone is released and this year will be no different, according to a bull. Atif Malik, an analyst at Citi, maintained a Buy rating on the stock in a … Read more
font size Networking giant Cisco Systems reported fourth-quarter earnings and sales that beat analyst estimates. Gabriel Boyes/AFP via Getty Images Stock futures traded with slight gains on Thursday after Wall Street closed lower following the release of minutes from the Federal Reserve’s July meeting which indicated that officials think they may have to continue raising … Read more
font size Patrick Gelsinger, CEO of Intel, has made contract chip manufacturing an essential part of his strategy. Ting Xin/Bloomberg Intel has dropped its planned $5.4 billion acquisition of Israel Semiconductor tower . It’s a setback for Intel’s plans to expand its chipmaking business. Intel (ticker: INTC) said on Wednesday that the deal, originally agreed … Read more
font size Home Depot reported second-quarter earnings that beat analyst estimates. Justin Sullivan/Getty Images Stock futures fell on Tuesday as an increase in bond yields and growing concerns about the Chinese economy weighed on investor sentiment. Meanwhile, US retail sales in July rose 0.7%, above economists’ expectations. These stocks were poised to make moves on … Read more
font size Hawaii Electric stock was falling on Monday. Patrick T Fallon/AFP via Getty Images Hawaii Electric Industries It was falling on Monday as wildfires in Maui weighed on the company’s stock. Wells Fargo maintained the Underweight rating on Hawaiian Electric (stock ticker: HE) stock in a report, and cut its price target to $25 … Read more
font size Hawaii Electric stock was falling on Monday. Patrick T Fallon/AFP via Getty Images Hawaii Electric Industries It fell 41% on Monday as wildfires in Maui weighed on the company’s stock. Wells Fargo maintained the Underweight rating on Hawaiian Electric (stock ticker: HE) stock in a report, and cut its price target to $25 … Read more
font size Foxconn is known for assembling iPhones and is a major supplier to Apple. AFP via Getty Images Foxconn And which makes apple iPhones posted a decline in profits in the second quarter, but managed to beat expectations. Foxconn (Ticker: 2317.Taiwan), formally known as Hon Hai Precision Industry, said profits fell 1% in the … Read more
font size US Steel rejected an unsolicited buyout offer from rival Cleveland Cliffs. Sean Gallup / Getty Images Stock futures rose on Monday as markets faltered in August, adding to this year’s rally. The focus on Wall Street this week will be the minutes of the Federal Reserve’s latest policy meeting and earnings reports from … Read more