What to watch today: Dow to rise, big Apple earnings and possible impeachment witnesses

  • 📰 CNBC
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

U.S. stock futures are pointing to a higher open despite ongoing coronavirus concerns, following Wall Street's strong Tuesday rebound.

struck in the Caribbean Sea between Jamaica and eastern Cuba, shaking a vast area from Mexico to Florida and beyond, but there were no reports of casualties or heavy damage. The quake was centered 86 miles northwest of Montego Bay, Jamaica, and 87 miles west-southwest of Niquero, Cuba. Starbucks came in 3 cents ahead of estimates with adjusted quarterly earnings of 79 cents per share, while revenue was essentially in line with forecasts.

Advanced Micro Devices beat estimates by a penny with adjusted quarterly profit of 32 cents per share, with the chipmaker's revenue slightly above forecast as well. However, AMD gave a current quarter revenue forecast that falls below estimates, with demand from videogame console makers slowing ahead of the launch of new systems.

EBay came in 5 cents ahead of consensus with adjusted quarterly earnings of 81 cents per share, with revenue also exceeding forecasts by a small margin. However, the e-commerce company also gave a weaker-than-expected outlook, and analysts have expressed concern that eBay is losing ground to new competitors.

Match Group CEO Mandy Ginsberg is stepping down, with the Wall Street Journal reporting that Ginsberg is facing a variety of challenges in her personal life. The dating service will promote President Shar Dubey to take over as CEO. Beyond Meat's plant-based sandwiches have been removed from Tim Hortons restaurants in the Canadian provinces of Ontario and British Columbia, with the chain saying the products did not prove as popular as it had anticipated. Tim Hortons had pulled the products from other Canadian locations in September.

 

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

What to watch today: Dow to rise, big Apple earnings and possible impeachment these dudes I know

Oh, and Bibi indicted for corruption. So, so more US aid for them! Right?

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:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

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

World stocks skid on growing virus fears; Dow drops 500BREAKING: U.S. stocks tumble following a sell-off in Europe and Japan as the coronavirus outbreak grows. The Dow Jones Industrial Average drops 500 points in early trading as travel company stocks sink. god we're just experiencing the entire 1920s all at once aren't we Trump me... Brokers need cash
Source: AP - 🏆 728. / 51 Read more »

Stocks in Asia set to open lower as Dow plunges amid coronavirus fearsStocks in Asia were set to decline at the open on Tuesday following an overnight plunge of the Dow Jones Industrial Average as fears surrounding the ongoing coronavirus outbreak continue to grip investors.
Source: CNBC - 🏆 12. / 72 Read more »

US stocks set to open higher after Dow posts worst day since OctoberU.S. stock index futures were higher on Tuesday morning after the Dow posted its worst trading day in about three months.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow futures up 140, airlines rebound, Cramer's takeLive updates of what's moving the market now and what's being talked about on Wall Street, including the latest on coronavirus and the yield curve. The Nazi Coronavirus is an insider trading hoax...
Source: CNBC - 🏆 12. / 72 Read more »