In November, investors have a range of opportunities across technology, healthcare, energy, and telecommunications with Microsoft, Amazon, Pfizer, Exxon Mobil, and Comcast. Microsoft and Amazon lead in cloud computing and e-commerce, while Pfizerâs growth is driven by strong COVID-related product sales. Exxon Mobilâs steady cash flow and investments in sustainability bolster its resilience in energy, and Comcastâs revenue gains from the Olympics and connectivity expansions enhance its media and telecom presence. These diverse stocks offer both growth and income potential, highlighting the value of a well-rounded portfolio in a shifting market.
On Friday, Alibaba Group Holding Ltd shares soared in Hong Kong, extending the positive momentum from U.S. trading overnight as investors welcomed the company's better-than-expected earnings.
In premarket trading Friday, shares of Dell Technologies Inc. rose 12% after the company reported higher first-quarter sales and lower operating expenses.
Sony Group Corp.'s gaming division will ramp up production of its PlayStation 5 console, acquire more game studios and increase investment in additional offerings, its gaming chief said recently.
On Tuesday, Nordstrom raised its forecast for earnings and revenue for the coming year ahead of analysts' expectations, sending shares up nearly 10% in premarket trading Wednesday.
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In an attempt to make up for its eroding share price, ride-hailing firm Lyft Inc. said on Tuesday that it would slow down hiring, reduce the budgets of some of its departments, and grant new stock options to some employees.
Shares of the social media company Snap Inc. plunged as much as 30% in extended trading Monday after warning that it may miss its second-quarter guidance and cut its revenue and profit forecasts below the low end of previous expectations.
Shares of VMware, the cloud-computing company backed by billionaire Michael Dell, rose 19% in premarket trading on Monday, following news reports that Broadcom Inc. is in talks to acquire the firm.
On Tuesday, Vacation rental firm Airbnb Inc. decided to vacate its Chinese operations amid stiff competition and strict lowdowns, joining a long list of Western internet platforms that have opted out of the China market.
Atlanta-based home improvement retailer Home Depot reported first-quarter earnings that topped expectations and raised its full-year profit forecast.
Earlier this week, Crypto.com, a popular cryptocurrency platform based in Singapore, announced that Shopify merchants are now able to activate Crypto.com Pay on their online storefronts.
Disappointing results from major retailers last week rattled markets already hit by uncertainty over inflation, rising interest rates, geopolitical uncertainty and the prospect of recession. Here's what's ahead of this week's markets:
Early this week, athletic apparel maker Under Armour announced the imminent and unexpected departure of its chief executive officer, Patrik Frisk.
Cisco Systems Inc. spooked investors Wednesday after generating lower quarterly revenue than analysts expected, sending shares down by as much as 17% in extended trading.
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The S&P 500 removed electric vehicle maker Tesla from its ESG Index, with the changes taking effect on May 2. In a blog post published on Wednesday, a spokesperson for the index explained why they made the changes.
Mastercard announced Tuesday it is testing new facial recognition methods to do away with actual credit cards as part of a push toward doing business in the metaverse.
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