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Broadcom surged 24.4% for the biggest gain in the S&P 500 after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence ...
On the losing end of Wall Street was U.S. Steel, which sank 5% after saying its fourth-quarter results will likely come in below its earlier forecast. CEO David Burritt said steel prices remain ...
Wall Street drifted through mixed trading Thursday as rising fashion and cigarette stocks worked against drops for Ford Motor and Qualcomm. The S&P 500 rose 0.4% following healthy gains for stock ...
On Wall Street, Campbell’s sank 6.2% for one of the S&P 500’s sharper losses despite increasing its dividend and reporting a stronger profit than analysts expected.
Most U.S. stocks are rising on Friday in a bounce back from Wall Street’s worst day since April. The company behind the Hoka, Ugg and Teva brands also gave a forecast for revenue this upcoming ...
Target lost more than a fifth of its value after the retailer gave a dour forecast for the holiday shopping season. Target’s 21.4% tumble followed its report showing weaker profit and revenue ...
Given his 6,100 call for the end of 2024, Belski's forecast returns in 2025 at 9.8%, right in line with the index's average historical gain. The median year-end target for the S&P 500 among ...
Macy’s slipped 0.8% after cutting some of its financial forecasts for the full year of 2024, including for how much profit it expects to make off each $1 of revenue. All told, the S&P 500 rose ...