Photo by TIMOTHY A. CLARY/AFP via Getty Images) The Dow fell more than 600 points on Thursday, marking its worst day of 2024. Nvidia’s solid earnings and guidance boosted its stock but the broader market saw a sharp dip. Rate cuts bets faded after services and manufacturing data pointed to still-sticky inflation. US stocks closed […]
As travelers set out on likely congested roadways for Memorial Day weekend, the extended holiday could be wet early on in the South Sound region before clearing up, with temperatures forecast in the high 60s on Monday. The National Weather Service says there is a slight chance of showers in the region on partly-sunny Saturday, […]
Shares in Arista Networks (ANET) fell on Thursday amid rosy commentary by Nvidia (NVDA) management on its networking business on the chipmaker’s first quarter earnings call. Arista stock retreated to near its 50-day moving average, a key technical level. X On the stock market today, Arista stock fell 4% to 303.69. Amid the retreat, ANET […]
Alibaba Group Holding and other e-commerce operators have released encouraging early sales data from their midyear 618 promotions – China’s biggest shopping season after Singles’ Day, and a bellwether of consumer sentiment in the world’s second-largest economy. Four hours after Alibaba’s Taobao and Tmall shopping platforms launched their sales event at 8pm on Monday, 59 […]
Des Moines is still below normal for its annual precipitation in 2024, but more is on the way, with the possibility of heavy rainfall in severe storms on Tuesday, according to the National Weather Service. What’s the outlook? The weather service says thunderstorms are likely Sunday afternoon and overnight Sunday, with gusty winds and up […]
LAS VEGAS (KLAS) — The water picture for Las Vegas is a little brighter in projections released this week by the U.S. Bureau of Reclamation. It will take a year to get there, but Lake Mead is expected to be 4 feet deeper in May 2024 than projections released just a month ago. Where is […]
Deere’s fiscal second-quarter results beat Wall Street’s expectations, but the company lowered its full-year profit forecast for a second time as farmers buy fewer tractors and other equipment as they deal with declining prices for their crops. Deere, which makes agricultural equipment, cut its profit outlook to $7 billion from a previous range of $7.50 […]
The National Hurricane Center issued its first daily tropical outlook today, May 15. The good news is that tropical cyclone activity is not expected over the next seven days. The Atlantic hurricane season officially begins June 1, but NHC forecasters begins issuing daily tropical outlooks on May 15. “This product describes significant areas of disturbed […]
(Bloomberg) — European stock futures and Asian shares gained after the latest jobs data supported the case for US interest-rate cuts. Most Read from Bloomberg The Euro Stoxx 50 contract climbed 0.2%, while US counterparts posted modest gains after the S&P 500 index closed less than 1% away from its all-time high on Thursday. Hong […]
Youth-centric video game platform Roblox (RBLX) on Thursday beat estimates for the first quarter but guided below views for the current quarter and full year. Roblox stock plummeted on the news. X The San Mateo, Calif.-based company lost 43 cents a share on bookings of $923.8 million in the March quarter. Analysts polled by FactSet […]
Shopify plunged Wednesday after the Canadian company that helps retailers with online sales warned of easing revenue growth and thinner margins in the current quarter. That caught a lot of investors off guard after the company rebounded strongly from the pandemic and started 2024 with a bang. Shopify Inc. is predicting that revenue will climb […]
Over a third of prospective homebuyers believe that a change in Government would be a good thing for the property market, while just 5 per cent believe the current Government is doing enough to help. According to the latest MyHome.ie survey, 78 per cent of respondents said they were worried about the state of the […]