MT Newswires1d agobearish
US Equity Indexes Mixed This Week After Soft Inflation Prints, Slumping Retail Sales Set to Restrain Fed Policy HawksUS equity indexes were mixed this week as easing inflation and a drop in retail sales boosted the od
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Reuters Videos1d agoneutralVIDEO
S&P 500 notches record-high close as rate-hike worries ease<body><p>VIDEO SHOWS: N/A</p><p>STORY: Wall Street's main indexes ended higher on Thursday, with the Dow ticking up marginally, the S&P 500 adding nearly two-thirds of a percent to close at a record high, and the tech-heavy Nasdaq climbing more than eight-tenths of a percent.</p><p>Several chip stocks led the way, with shares of Sandisk surging nearly 14% after the memory chip maker said it expects revenue to grow at a mid-to-high-teens percentage rate from fiscal years 2028 to 2030, encouraged by strong demand amid rapid AI infrastructure buildout. </p><p>On the flip side, shares of Cisco fell more than 8% despite the AI infrastructure company a day earlier forecasting fiscal 2027 revenue above Wall Street expectations.</p><p>Eric Diton is president and managing director of The Wealth Alliance.</p><p>"Sandisk up double digits with just great numbers, great expectations for future revenue for margins, which by the way is what took Cisco down today. Cisco beat on earnings, beat on revenue, but the street focused on a little over a 2% drop in margin, and they beat up the stock pretty well. But generally speaking, the Nasdaq's having a great day, up roughly three quarters of a percent, led by the chips."</p><p>Elsewhere in the market, shares of Netflix climbed more than 5% after billionaire investor Bill Ackman unveiled a new holding in the streaming company as part of Pershing Square's biggest portfolio overhaul in years.</p><p>And shares of Tapestry plunged more than 16% after the Coach owner forecast muted annual revenue growth.</p><p>Meanwhile, fresh data showed U.S. producer prices were unchanged in July, while the number of Americans filing claims for unemployment benefits increased moderately last week, pointing to a stable jobs market.</p><p>Traders are pricing in a more than 60% chance that the Federal Reserve will keep interest rates unchanged at its meeting next month, according to CME's FedWatch tool.</p></body>
Kiplinger2d agobullish
S&P 500 Hits a New High as Sandisk, Micron Soar: Stock Market TodayInflation, earnings and chip stocks were top of mind for investors on Thursday.
MT Newswires2d agoneutral
Update: US Equity Indexes Mixed as Soft Wholesale Inflation Helps Lift Bets for Fed Policy Pause(Updates with index/price moves, macroeconomic data and company/geopolitical news from the first par
Yahoo Finance2d agoneutral
Stocks rise on broad sector strength: AlphaCheckStocks opened in the green on Thursday after another inflation reading led traders to pare back bets of a Federal Reserve rate hike in September.
Investor's Business Daily2d agoneutral
Stock Market Today: Dow Rises On Surprise Inflation Data; Cisco, AI Name Cerebras Plunge On Earnings (Live Coverage)Stock Market Today: The Dow Jones index rises Thursday after surprise key inflation data. Cisco and AI stock Cerebras plunge on earnings.
MT Newswires2d agoneutral
US Equity Futures Rise Slightly Pre-Bell as Traders Await Further Inflation DataUS equity futures were edging slightly higher pre-bell Thursday as traders awaited another key infla
Investing.com2d agobullish
Accelerant, Harmonic surge, Cisco slides premarket on margin outlookInvesting.com - U.S. stock index futures pointed higher on Thursday, as investors digested fresh corporate earnings and deal news while continuing to assess the outlook for inflation and interest rates.
Barrons.com2d agoneutral
Stock Markets Beware: AI Funding Plans Have Shades of the Financial CrisisCisco benefits from AI demand, Musk is optimistic about Starlink, inflation hasn’t thrown cold water on stock market rally, and more news to start your day.
InvestorsHub2d agobullish
Cisco’s AI-Driven Profit Jump; PPI Ahead – What’s Moving Markets: Dow Jones, S&P, Nasdaq, Wall Street FuturesU. S. stock futures moved modestly higher on Thursday as investors looked ahead to another important inflation reading while assessing a fresh round of technology earnings.
Simply Wall St.3d agoneutral
Does Cisco’s Expanded AI Infrastructure Orders and Employee Agents Change The Bull Case For Cisco Systems (CSCO)?Cisco Systems recently briefed investors and industry audiences on its AI and networking ambitions through conference presentations in Taipei and Santa Clara, while preparing to release its fiscal Q4 2026 results after the market close on August 12. At the same time, Cisco has begun rolling out personalized AI agents to its roughly 90,000 employees and raised its full-year AI infrastructure order outlook, underscoring how deeply AI is being woven into both its operations and revenue...
Investor's Business Daily3d agobullish
Stock Market Today: Dow Rises On Key Inflation Data; Nvidia Partner CoreWeave Soars On Results (Live Coverage)Stock Market Today: The Dow Jones index rises on a key CPI inflation report. Nvidia partner CoreWeave soars on earnings.
MT Newswires3d agoneutral
US Equity Futures Higher Pre-Bell as Traders Await Inflation ReportUS equity futures were edging higher pre-bell Wednesday as traders looked forward to the latest nati
The Wall Street Journal3d agoneutral
Inflation Figures, Earnings: What to Watch the Rest of the WeekToday Inflation data: Consumer price index for July, 8:30 a.m. ET Other data: EIA petroleum status report, Treasury budget Bond auctions: 10-year Treasury note Earnings: Cisco Systems, Stubhub, Coherent, Air Canada Thursday Economic data: Producer price index for July, Jobless claims, EIA natural-gas storage report Earnings: Applied Materials, Tapestry Federal Reserve speakers: Cleveland Fed President Beth Hammack, one of three Fed regional bank heads to dissent from last month’s rate decision.
Yahoo Finance Video3d agoneutralVIDEO
CPI, Cisco earnings, and more: What investors need to watch WednesdayAsking for a Trend Host, Josh Lipton previews what investors should watch on Wednesday, August 12, including the latest Consumer Price Index (CPI) report, which will offer a fresh look at inflation and the health of the consumer. Cisco (CSCO) reports fiscal fourth-quarter results, while Bloomin' Brands (BLMN) also reports earnings.
The Wall Street Journal4d agoneutral
Inflation Figures, Earnings: What to Watch the Rest of the WeekToday Economic data: NFIB small-business index for July, existing home sales Earnings: Cardinal Health, Lumentum, CoreWeave, Super Micro, On Holding, Smithfield Foods Wednesday Inflation data: Consumer price index for July, 8:30 a.