Wall Street ends slightly lower, capping blockbuster year
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StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
JPMorgan expects non-farm employment to increase by 150,000 in December
December 29, 2023 10:59 AM ESTJPMorgan analysts said in a note to clients that they expect nonfarm employment to have increased by 150,000 in December, with the unemployment rate rising a tenth to 3.8%.
Analyst Daniel Silver told investors that the labor market has been adding jobs at a solid pace in recent months, with a variety... More
Huawei expects 9% revenue growth in 2023 - Reuters
December 29, 2023 10:46 AM ESTAccording to Reuters, Huawei expects to report revenue exceeding 700 billion yuan ($98.5 billion) for 2023.
The publication said the company's rotating chairman, Ken Hu, revealed the number in an internal new year message, which it has seen. It represents around 9% growth compared to last year, which came in at 642.3 billion... More
Mega-cap tech 'could actually work in January' - BofA
December 29, 2023 10:08 AM ESTIn its active managers' holdings update note to clients Friday, analysts at BofA said they believe mega-cap tech "could actually work in January."
According to the bank, two in five active US large-cap funds are ahead of the benchmark in 2023, better than the average hit rate of 37%. The best and worst-performing funds of 2023 revealed... More
