The attack led Israeli Prime Minister Benjamin Netanyahu to declare his country is at war. More than 700 Israelis have been killed in what Hamas is calling Operation Al Aqsa Flood, with at least 687 Palestinians killed in retaliatory Israeli strikes on the Gaza Strip, according to latest figures. Stocks were under pressure earlier on Monday after the Israeli-Palestinian conflict escalated Saturday, with militant group Hamas staging an invasion, to which Israel was seemingly caught off guard. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Dell's revenue also exceeded expectations, coming in at $25.04 billion versus analysts' estimates of $23.39 billion.Best Debt Consolidation Loans for Bad Credit The tech company's adjusted earnings were $1.80 per share, higher than the consensus estimate of $1.63 from analysts polled by Refinitiv. It also reported revenue of $66.7 million, exceeding expectations of $64.2 million.ĭell Technologies - Dell shares gained nearly 3% after its fourth-quarter earnings and revenue topped Wall Street's estimates. The company posted a loss of 6 cents per share, compared to analysts' estimates for a 22 cent loss. Billings for Zscaler came in at $493.8 million, compared to FactSet's estimates of $491.4 million.Ĭ3.ai - The enterprise artificial intelligence company's shares jumped 15% after its fiscal third-quarter results beat Wall Street's estimates, according to Refinitiv. Though the company trounced analysts' estimates on the top and bottom lines for the fiscal second quarter, it narrowly beat expectations for billings, according to FactSet. Zscaler – Shares of the cloud security company tumbled more than 11% in after-hours trading. However, several analysts pointed to billings guidance as a sign of weakness, with Stifel analyst Adam Borg saying in a note to clients said that the guidance was "muted."Ĭheck out the companies making headlines after the bell. The company earned an adjusted 37 cents per share, above the 29 cents expected by analysts, according to Refinitiv. Zscaler - Shares of the cybersecurity company slid 11% in premarket trading despite Zscaler beating estimates on the top and bottom lines for the fourth quarter.The company also issued lackluster guidance. The electric vehicle infrastructure company posted revenue of $152.8 million in the fourth quarter, less than the forecasted $164.6 million, according to consensus estimates from FactSet. ChargePoint Holdings - Shares plummeted 11% after ChargePoint Holdings reported a quarterly revenue miss.It also reported revenue of $66.7 million, surpassing expectations of $64.2 million. The enterprise artificial intelligence company posted a narrower-than-expected loss of 6 cents per share ex-items, compared with estimates for a 22 cent loss, according to Refinitiv. C3.ai - Shares surged 17% after C3.ai reported third-quarter results that topped expectations.Here are three companies making headlines before the bell: The S&P 500 closed up 1.90% on the week and its first positive week in the last four. The Dow posted a 1.75% gain and snapped a four-week losing streak. The market is unlikely to have sustained traction until data points resume a cooling trend."Īll of the major averages notched a winning week. "There's a nervous anticipation to upcoming data releases for jobs and inflation after the difficult readings last month. "The stock market is very sensitive to bond yields at this point and looking for some respite to the recent upward moves in yields," said Yung-Yu Ma, BMO Wealth Management chief investment strategist. The 10-year Treasury is a benchmark rate that influences mortgages and car loans, so a breakout in the yield could ripple through the economy. At times this week when the 10-year rate rose above that point, stocks retreated. Traders have been watching 4% as the key level on the 10-year that could trigger another down move in stocks. The yield on benchmark 10-year Treasury note dipped below the 4% threshold. The Dow Jones Industrial Average rose 387.40 points, or 1.17%, to 33,390.97. Stocks rose Friday as Treasury yields eased from their recent highs and investors weighed the cumulative impact from Fed hikes already implemented and digested this week's comments from the central bank. Best Debt Consolidation Loans for Bad Credit
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |