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The stock price of the company, which helps businesses manage their customers, jumped 11%. Marvell Technology leaped even more after delivering better results than expected, up 23.2%.
So far, 37% of S&P 500 companies have reported earnings results. Of those companies, 78% beat profit estimates by a median of 6%, while 58% beat revenues estimates by a median of 2%, according to ...
The stock market has been on a tear in 2024, with the S&P 500 rising by nearly 21 percent over the first three quarters of the year. But the situation may not be so brisk over the coming 12 months ...
Stock market news live updates: Stocks slide after jobs report shocks, Big Tech results disappoint. ... Alphabet's results also missed forecasts on revenue and earnings per share, ...
Chip maker Marvell Technology also climbed 20% higher on the back of strong quarterly results, while Dollar Tree rose 2% after beating revenue and earnings expectations for the quarters.
Stocks rose Thursday as investors digested more quarterly earnings results and new data on the labor market's recovery. Stock market news live updates: S&P 500 rises to record close, Dow up 272 ...
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
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