IT services provider Accenture (ACN) projected annual revenue growth largely above estimates on Thursday, as growing adoption of artificial intelligence offsets sluggish growth in enterprise spending and a strong dollar. Shares of the company rose more than 6% in premarket trading, after having fallen about 19% this year on market expectations for subdued IT services […]
(Bloomberg) — Goldman Sachs Group Inc. strategists have boosted their year-end target for the S&P 500 Index for a third time, reflecting Wall Street’s optimistic outlook for earnings growth and the US economy. Most Read from Bloomberg The bank’s equity strategists led by David Kostin now see the US stock benchmark index finishing the year […]
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Share markets have started the week in a positive mood, helped in part by signs of accelerating factory activity across Asia where the private Caixin survey showed China’s main factory index hitting a two-year top. Factory […]
(Reuters) – Zscaler forecast fourth-quarter revenue and profit above estimates on Thursday, as businesses spend more on cybersecurity and networking solutions to combat complex online threats, sending its shares up 14% after the bell. Cybersecurity has become more crucial in the recent years amid rising online threats and a rapid rise in artificial intelligence that […]
(Bloomberg) — Cisco Systems Inc. gained about 5% in extended trading after giving a solid sales and profit forecast for the current quarter, indicating that customers are beginning to invest in their computer networks again. Most Read from Bloomberg Sales will be $13.4 billion to $13.6 billion in the fiscal fourth quarter, which ends in […]
(Bloomberg) — Apple Inc. shares jumped in late trading after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, sparking optimism that a slowdown is easing. Most Read from Bloomberg Though revenue fell 4.3% to $90.8 billion in the March quarter, that was better than the $90.3 […]
Western Digital Q3 Earnings: Revenue Beat, Higher ASP, Upbeat Q4 Guidance And More Western Digital Corporation (NASDAQ:WDC) reported third-quarter financial results after the bell on Thursday. Here’s a look at the highlights. Western Digital reported earnings of 63 cents per share, which is not comparable to the consensus of 20 cents. It clocked quarterly sales of $3.46 billion, beating […]
US stocks opened higher on Monday, rebounding from their worst week of the year, with the S&P 500 turning upbeat as investors braced for a flood of corporate earnings. The S&P 500 (^GSPC) gained 0.5% to rise back above 5,000, after closing below the key level on Friday for the first time since February amid […]
Mining stocks have underperformed bitcoin this year. The CEOs of these companies remain upbeat ahead of the halving citing stronger balance sheets, the report said. Some CEOs noted the potential for consolidation in the sector, Bernstein said. Bitcoin {{BTC}} miners may have underperformed the cryptocurrency this year, but their CEOs remain upbeat as the reward […]
Description: Sanctuary Clothing Wrap Dress Upbeat Size 8 Brown Plaid Long Sleeve New Price : $ 16.99 ⭐⭐⭐⭐⭐ View on ↗ clothing for women 63861
By Leika Kihara TOKYO (Reuters) -The Bank of Japan cut its economic assessment for most regions on Thursday but signalled its confidence that wage hikes were broadening, leaving scope for another hike in the country’s still-low interest rates. In a quarterly report on regional economies, the central bank said there was hope that smaller firms […]
Bitcoin fell below $66,500 during the Asian hours as the dollar index rose above 105.00 for the first time since mid-November. Data released on Monday shows that U.S. manufacturing activity unexpectedly picked up the pace in March. June Fed rate cut probability dipped below 50% after the manufacturing data. Bitcoin {{BTC}} faced selling pressure during […]