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U.S. stock futures were little changed ahead of economic data including weekly jobless claims and an updated reading of first-quarter Forex gross domestic product. Sensex extended its decline for the third straight day, falling over 300 points amid a sell-off in IT stocks.

stock market news today

Zoom is also showing that it can successfully manage its cost structure as its revenue growth decelerates. Its adjusted operating profit was essentially flat year over year at $399.6 million. Adjusted earnings per share came in at $1.03, which was well above Wall Street’s estimates of $0.87. Stocks going forward will be benefited as according to global stockbroker CLSA, easing chip supply might be a crucial catalyst nasdaq WIX for volume growth for JLR. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. However, the company trades at a forward P/E ratio of 34.8, reflecting strong growth expectations from analysts. Analysts expect Tradeweb’s earnings per share to grow 15% in 2022 and another 13% in 2023.

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Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. President Joe Biden on Wednesday said he and first lady Jill Biden “will be traveling https://dotbig.com/markets/stocks/WIX/ to Texas in the coming days” to “hopefully bring some little comfort” to families affected by the school shooting in Uvalde, Texas. Biden also reiterated his call for gun reforms and called for the Senate to confirm his nominee for leading the Bureau of Alcohol, Tobacco, Firearms and Explosives.

  • On Monday, the index closed at 3,973.75—about five hundred and eighty-seven points, or roughly seventeen per cent, above that pre-pandemic peak.
  • Dave Nadig, a financial futurist for VettaFi, joins Yahoo Finance Live anchors Dave Briggs and Seana Smith to discuss the ETF space, how investors should position their portfolios, and how Tesla was boo…
  • Tradeweb is a growth stock that has also gotten punished along with the broader market.
  • It has established itself as a leader in the industry since going public in 2019.
  • Analysts expect Tradeweb’s earnings per share to grow 15% in 2022 and another 13% in 2023.

EY CEO and Global Chairman Carmine Di Sibio spoke with Yahoo Finance anchor Brian Sozzi at the World Economic Forum in Davos, Switzerland about the state of the economy, company culture, and the ongoing… Global liquefied natural gas buyers and sellers are bracing for more uncertainty over Russian supplies and a murky demand outlook from Europe and top importer China in the run-up to peak winter se… Sign Up NowGet this delivered to your inbox, and more info about our products and services. The best 10% of Openfolio members had this return today.

Dow Finishes 450 Points Lower, Triggered By First Omicron Case In U S

Adani Power, GlaxoSmithKline Pharmaceuticals, and more figure on this list of high-growth companies. Sensex loses 207 points to 53,541 and Nifty falls 87 points to 15,938 in late morning deals. Management expects full-year revenue of approximately $4.5 billion in fiscal 2023, with adjusted operating income of about $1.5 billion. Zoom also boosted its guidance for adjusted per-share profits to between $3.70 and $3.77, up from a prior forecast of $3.45 to $3.51. With the pandemic moderating and more people returning to traditional work locations, the cloud-communication platform is adjusting its offerings to better meet the changing needs of businesses and their employees. Zoom’s revenue rose 12% year over year to $1.1 billion in its fiscal 2023 first quarter, which ended on April 30.

stock market news today

Rouse was making a point that many economists recognize but the political debate largely ignores. At the end of the first quarter of this year, total credit-card balances were eighty-six billion dollars lower than they were at the end of 2019. On February 19, 2020, about a month before the onset of the pandemic, the S. & P. 500, which includes most of the biggest corporations in the country, closed at https://en.wikipedia.org/wiki/Foreign_exchange_market 3,386.15, an all-time high. On Monday, the index closed at 3,973.75—about five hundred and eighty-seven points, or roughly seventeen per cent, above that pre-pandemic peak. The performance of the Nasdaq composite has been very similar. On Monday, the tech-heavy index closed at 11,535.27, which is also about seventeen per cent above its pre-pandemic peak of 9,817.18, which came on February 19, 2020.

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