The Dow Jones rose Thursday on surprise weekly jobless claims and GDP data. Tesla stock reversed lower on earnings.
Dow Jones futures rose Thursday after higher-than-expected initial unemployment claims. Nvidia stock sold off, while Tesla reversed higher.
Earnings and guidance still matter most when it comes down to real decisions about buying, holding and selling stocks. An old-school big tech stock was among the day's biggest upside movers, while a major e-commerce player led to the downside.
Thursday's coverage included more tech earnings, focus on Trump's latest on potential tariffs and more analysis around Monday's DeepSeek Dive.
By Amanda Cooper and Lawrence Delevingne LONDON/BOSTON (Reuters) -Wall Street shares advanced on Thursday as investors cheered updates from Meta and Tesla , while the dollar dipped, further boosting
Dow Inc.’s stock shed early gains to trade down 6% Thursday, after the material-sciences company latest earnings miss and news it’s cutting 1,500 jobs as part of a cost-reduction program aiming to save $1 billion in savings.
US equity indexes traded mixed after midday on Thursday as a lighter-than-expected advance reading for Q4 economic growth and lower jobless claims accompanied a mixed share-price performance of technology mega-caps.
U.S. stocks are off to a strong start in 2025, despite a few bumps in the road. With only one trading session left in the month, the S&P 500 has risen by nearly 3% since the start of January. The Dow Jones Industrial Average,
DeepSeek, which overtook rival ChatGPT to become the top-rated free application on Apple (NASDAQ: AAPL )'s App Store in the U.S., says it uses lower-cost chips and less data, challenging a bet in markets that AI will drive demand along a supply chain from chipmakers to data centers.
Dow Inc.’s fourth-quarter profits came in well below Wall Street expectations and the material sciences company said Thursday that it is slashing 1,500 jobs globally in an effort to cut costs as sales stagnate.
Major indices were mostly higher early on Thursday as market participants digested quarterly earnings from several big-name tech firms.
Initial jobless claims fell by 16,000 to 207,000 in the week that ended Jan. 25, the Labor Department said Thursday. It’s the lowest level in in three weeks.