Stock Market Today: U.S. Futures Slip Ahead of More Big Tech Earnings

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 52%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Facebook parent Meta saw shares slide in pre-market trading a day after it spooked investors with low sales and revenue forecasts.

Global stocks were a mixed bag and U.S. futures were down on Thursday morning as investors await a flurry of earnings reports.In Japan, the country's benchmark Nikkei 225 slid 2.16 percent as the Bank of Japan's two-day monetary policy meeting kicks off. The yen fell to its lowest level against the dollar in 34 years.The U.K.'s FTSE 100 continued at record highs, boosted by strong earnings and takeover talks.

Both companies, like Meta, have invested a lot into AI technology. Indeed, it's a defining feature of the Magnificent Seven, which also includes Apple, Amazon, chip-maker Nvidia and Tesla.Elon Musk's EV maker reported dismal earnings earlier this week but shares have soared since.Another automaker, Ford, reported better than expected quarterly results Thursday and saw shares tick up in pre-market trading.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle East were weighing on sentiment across the region.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asia stocks rise with market focus on signs of interest rate cutAsia stocks are mostly higher, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve. Oil prices advanced while U.S. futures were mixed. The yen weakened, coming close to a 34-year low.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia. U.S. futures were lower while oil prices rose. China real estate developer Vanke’s Hong Kong-listed shares slumped 11.4% on Tuesday after the company reported last week of a notable decrease in profit and no dividend payout.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia.
Source: ksatnews - 🏆 442. / 53 Read more »