The dollar index (DXY00) fell to a 1.5-week low on Thursday and finished down by -0.67%. The dollar tumbled on Thursday on dovish comments from Fed Governor Christopher Waller, who said underlying inflation is better than core numbers suggest and that he will support keeping interest rates steady at this month’s FOMC meeting if next…
NetApp (NTAP) stock climbed Thursday, shaking off an initial after-hours slide that followed its fiscal first-quarter results late Wednesday. Earnings from the enterprise data storage company beat estimates. San Jose, Calif.-based NetApp reported adjusted earnings of $2.58 per share from sales of $2 billion for the July quarter. Analysts polled by FactSet were forecasting adjusted earnings…
October WTI crude oil (CLV26) closed up +0.29 (+0.32%) on Thursday, and October RBOB gasoline (RBV26) closed up +0.0311 (+1.00%). Crude oil and gasoline prices settled higher on Thursday, with crude oil posting a new 6-week high. Crude prices are climbing as the US-Iran conflict continues with no end in sight, prolonging disruptions to energy flows…
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Social Security is the retirement income lifeline for millions of Americans and garners its share of confusing headlines. From the full retirement age and cost-of-living adjustment to the rules for claiming benefits while still working, here is what’s expected to change in 2027. Changes to the full retirement age A common concern among those planning…
By Mike Dolan Sept 3 (Reuters) – Some calm has returned to world markets over the past 24 hours as oil prices steadied and the angry bond market cooled down a bit. There were no breakthroughs in the Gulf standoff between the U.S. and Iran, but President Donald Trump indicated an intention to limit the…
Investors may not be appreciating the latest earnings report from AI chip beast Broadcom (AVGO), but perhaps they should take another look, as there were some shocking numbers in there, not too different from the eye-popping ones served up by AI plays Dell (DELL) and Nvidia (NVDA) in the past two weeks. Shares of Broadcom…
Snowflake (NYSE:SNOW) shares rose 23.9% to $379.07 in premarket trading after the company reported fiscal second-quarter 2027 revenue and adjusted earnings above analyst expectations and increased its full-year product revenue guidance. Adjusted earnings per share were $0.62, compared with the consensus estimate of $0.45. Total revenue reached $1.55 billion, above the $1.48 billion analyst estimate…
Five Below (NASDAQ:FIVE) shares rose 6.2% in premarket trading after the specialty value retailer reported fiscal second-quarter results above analyst expectations and raised its full-year 2026 guidance. The company reported adjusted earnings per share of $1.68, compared with the consensus estimate of approximately $1.33. Net sales increased about 22.9% year over year to $1.26 billion,…
Hewlett Packard Enterprise (NYSE:HPE) reported quarterly revenue and earnings above expectations on Wednesday and raised its full-year guidance for both 2026 and 2027. Separately, the company expanded its collaboration with Oracle and issued warrants allowing Oracle to purchase HPE common shares. HPE shares fell nearly 5% in premarket trading on Thursday, with the source citing…
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