Treasury Yields Rise, Tesla Jumps On Cheaper Model Pledge, Yen Plummets To 34-Year Lows: What's Driving Markets Wednesday?

The S&P 500 fell 0.4% in midday trading in New York. The yield on the 30-year Treasury bond has surged to 4.79%, the highest level since early November. The Japanese yen tumbled to the lowest level since June 1990. Tesla Inc. Posted lower-than-expected results last quarter, but shares rose 10%.

All S&P Utility stocks are above 50-day MA, less than 10% of Info Tech names are

AT&T's Q1 Operating Cash Flow and Free Cash Flow Got A Boost - Does It Make A Case For Higher Dividends?

AT&T Inc. Reported fiscal first-quarter 2024 operating revenues of $30.03 billion, down 0.4% year over year and missing the consensus. The results reflected declines in Mobility equipment revenues and lower Business Wireline revenues. The adjusted EPS of $0.55 beat the consensus of $.54.

Stocks Rally On Weaker PMI Data, Tech Earnings Optimism, Dollar Falls: What's Driving Markets Tuesday?

The S&P 500 rose 1.2% in midday trading on Tuesday, its best performance in over a month. The Nasdaq 100 outperformed the broader market, up 1.5%. Economic data indicated a deceleration in private sector growth in April. Fears for a potential Federal Reserve rate cut by the end of the summer jumped to 72% from 67% on Monday.

Top high growth investment ratio stocks from each sector - GS

Goldman Sachs analysts listed the top stocks in each sector with the highest growth investment ratio. Analysts said they forecast capex and R&D growth to slow from about 10% in 2023 to about 7% in 2024. Growth investment ratio is defined as a company's capex less depreciation plus R&d as a share of its cash flow.

U.S. equities see the largest net buying since late February - GS

U.S. Equities see the largest net buying since late February - Goldman Sachs. The S&P 500 was down for the third straight week and traded lower for six straight sessions. Bitcoin-sensitive stocks, winners of the last 12 months underperformed. Overall U.S.-based equities saw the biggest net buying of the year.

Goldman’s buybacks basket: Buyback growth will be 13% in 2024

Goldman’s buybacks basket: Buyback growth will be 13% in 2024. Goldman Sachs analysts rebalanced their “buybacks basket” as 2024 buyback growth is forecasted to be 13%. S&P 500 (SP500) cash spending grew by 4% to $3.4T last year.

Goldman’s debt issuers stocks basket

Weekly Report: what happened at XLC last week (0415-0419)?

Wall Street's April pullback intensifies as S&P 500 notches worst week in over a year

The S&P 500 on Friday retreated 3.05% for the week to end at 4,967.23 points. The benchmark gauge posted its worst weekly performance since early March last year. This week's retreat was driven by stronger-than-anticipated economic data and hawkish Fedspeak. Geopolitical concerns over Israel and Iran along with a stubborn bond sell-off also put pressure on equities.

S&P 500 Nears 6-Day Slide, Nasdaq 100 Faces Worst Week Since Late 2022: What's Driving Markets Friday?

U.S. Stocks are on track to end another week of declines. The Nasdaq 100 has dropped over 5% this week, while the S&P 500 faces its sixth consecutive day of losses. Semiconductor stocks are down 2.7%, and gold prices surged to $2,400 per ounce.

First Week of December 20th Options Trading For The Materials Select Sector SPDR Fund (XLC)

Notable ETF Outflow Detected - XLC, EA, T, CHTR

Stocks Edge Higher As Earnings Provide Support, Tesla Sinks To 15-Month Lows, Bitcoin Rebounds: What's Driving Markets Thursday?

All major indices were in the green during midday trading in New York on Thursday. S&P 500 index aiming to snap a four-day losing streak. Airline stocks continued their upward momentum, with the U.S. Jets ETF climbing 2.7%. Bitcoin rallied 4% to reach $63,700 ahead of the halving event.

Google's Strategic Job Cuts Reflect Ongoing Cost-Cutting Measures, Affecting Real Estate and Finance Departments

Alphabet Inc’s (NASDAQ:GOOG) Google has commenced another round of employee layoffs. The real estate and finance departments are among the sectors within Google experiencing job cuts. The company confirmed that this latest round of job cuts is selective and not widespread.

Meta's Strategic AI Investments Enhance Ad Targeting, Boosting Revenue Projections: Analyst

Truist Securities analyst Youssef Squali maintained Meta Platforms Inc (NASDAQ:META) with a Buy and raised the price target from $525 to $550. The analyst raised his first-quarter and fiscal 2024 estimates for META to reflect improving pricing and monetization. Meta stock gained over 126% in the last year.

14 companies with a near-term catalyst around 1Q earnings - MS

New constituents of Goldman Sachs’ ROE growth basket

Meta's Threads Introduces Real-Time 'Recent' Filter to Enhance Search Experience

Meta Platforms Inc’s (NASDAQ:META) Threads is introducing a “Recent” filter for sorting search results by the most recent posts. The new feature is part of a limited test available to a select group of users. The initiative aims to facilitate users’ finding relevant search outcomes in real-time.

Meta to Suspend Threads in Turkey Amid Regulatory Challenges, Aims for Future Reinstatement

Meta Platforms will cease operating Threads in Turkey starting Monday, April 29. The move is in response to an interim order from the Turkish Competition Authority. Meta will notify all Turkish Threads users of this change before the shutdown date to ease the transition. The company will shut down in Turkey.