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Reddit Inc (NYSE:RDDT) shares jumped more than 16% on Friday after S&P Dow Jones Indices said the company will join the S&P 500 index next week. The inclusion is expected to trigger mandatory buying from institutional funds that track the benchmark. The index milestone follows a...
S&P Dow Jones Indices said late Thursday that Reddit will be added to the S&P 500 prior to the start of trading on Aug. 18.
S&P Dow Jones Indices said late Thursday that Reddit will be added to the S&P 500 prior to the start of trading on Aug. 18.
U. S. stock futures traded close to unchanged on Friday as investors assessed softer inflation data, a fresh round of technology earnings and renewed volatility across semiconductor shares.
By Amanda Cooper LONDON, Aug 14 (Reuters) - Global stocks hovered around record highs on Friday, set for a third weekly gain after benign inflation data dented expectations for a U.S. rate hike next
Blue-chip stocks were on track to slide on Friday as tensions between the U.S. and Iran drove up oil prices, adding to investors’ inflation worries. Dow Jones Industrial Average futures fell 99 points, or 0.2%. Nasdaq 100 futures climbed 0.1%.
The S&P 500 closed at a record high after soft July producer price data eased fears of a Fed rate hike in September.
Reddit Inc. will join the S&P 500 next week as part of an off-cycle change, S&P Dow Jones Indices said Thursday, sending the social networking platform’s shares surging more than 10% after the bell.
Reddit stock jumped late Thursday on news that the social media firm will join the S&P 500 index. Sun Communities will be added to the S&P MidCap 400.
Investing.com -- Jefferies said a divergence between rising earnings and falling share prices across the transport and logistics sector has created an attractive buying window, arguing the pullback reflects a position unwind rather than any deterioration in fundamentals.
Investing.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.
U. 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.
Vanguard's own 10-year forecast for U.S. stocks is 4.2% to 6.2% a year. The record behind numbers like that is worth seeing whole.
AI stocks led the market Wednesday, fueled by Nebius, Lumentum, CoreWeave and Super Micro. Cisco and Coherent were earnings movers late.
CoreWeave and Super Micro Computer earnings lifted AI-linked stocks, while cooling inflation reduced pressure on the Fed to raise rates
Stock Market Today: The Dow Jones index rises on a key CPI inflation report. Nvidia partner CoreWeave soars on earnings.
The major market indexes pulled back amid higher oil prices and upcoming CPI inflation data. Nvidia partners Lumentum, CoreWeave, Super Micro reported late.
There’s an elegant simplicity to one of the central tenets in gauging the health of the stock market and the companies that comprise its benchmark indexes: figuring out what’s in the till at the end of the day. Profit remains the most important measure of stock market health—and Corporate America is raking it in. “The greatest force behind stock markets right now is earnings, which is helping to overshadow concerns about Iran, inflation and AI [capital expenditure] spending viability,” said Dennis Follmer, chief investment officer, at Montis Financial in Waltham, Mass., to Barron’s. “Earnings have been an absolute freight train driving this market higher.”
Polymarket now prices real odds of a September rate hike, and that puts millions of investors holding the most popular dividend ETF in a position their fund was never designed to handle. Fidelity quietly built something for exactly this moment.
Babcock & Wilcox (NYSE:BW) shares surged 40. 5% to $12.
CoreWeave earnings are expected to show another quarter of triple-digit sales growth as the AI cloud company spends billions on data centers and inches toward profitability.
Roughly 80% of S&P 500 companies that have reported earnings showed positive year-on-year EPS growth.
The stock is up just 8% this year and could prove to be an undervalued buy.