Marvell (MRVL -6%) is under pressure after the chip company missed slightly on both EPS and revenue for Q3 (Oct). However, the Q4 (Jan) guidance was even more troubling with EPS and revs both well ...
Ulta Beauty (ULTA -1%) is no longer looking as radiant as it did immediately after reporting exceptional Q3 (Oct) numbers, including a triple-digit earnings beat, accelerated comps, and raised FY23 ...
Initial jobless claims for the week ending November 26 decreased by 16,000 to 225,000 (Briefing.com consensus 238,000). Continuing claims for the week ending November 19 increased by 57,000 to 1.608 ...
The November ISM Manufacturing Index dropped to 49.0% (Briefing.com consensus 49.8%) from 50.2% in October. The dividing line between expansion and contraction is 50.0%, so the sub-50.0% reading for ...
How Does Inflation Affect Stocks?
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U.S. Treasuries have seen very little movement since our last update, leaving the 10-yr note and shorter tenors firmly in the red while the long bond has backed down from its morning high, returning ...
[BRIEFING.COM] S&P futures vs fair value: +7.30. Nasdaq futures vs fair value: +49.80. The S&P 500 futures are up 7 points and are trading 0.2% above fair value. The Nasdaq 100 futures are up 43 ...
[BRIEFING.COM] The major averages opened on a mixed note. The S&P 500 and Nasdaq sport losses, but are climbing off opening levels. Meanwhile, Dow sits in positive territory. Mega cap stocks are a ...
[BRIEFING.COM] The stock market continues to pullback ahead of the close. Ahead of Tuesday's open, Walmart (WMT), Home Depot (HD), KE Holdings (BEKE), Tencent Music (TME), Aramark (ARMK), Sea Limited ...
[BRIEFING.COM] The Dow Jones Industrial Average (+0.87%) is still atop the major averages on Monday afternoon, within reach of today's highs. Meanwhile, athletic apparel company Nike (NKE 93.07, -2.72 ...
[BRIEFING.COM] In the last half hour the S&P 500 (+0.74%) hit session highs, still firmly in second place. Meanwhile, Virginia-based shipbuilder Huntington Ingalls (HII 226.35, -17.82, -7.30%) is ...