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Miah Alom
2023-11-22

Post-Bell | S&P 500, Nasdaq Close Down, Ending 5-Session Winning Streaks; Palantir Tumbles 7%

U.S. stocks retreated on Tuesday, with the S&P 500 and Nasdaq snapping five-session winning streaks as retailers declined after some disappointing outlooks and as technology shares fell.Market Snapsho

Post-Bell | S&P 500, Nasdaq Close Down, Ending 5-Session Winning Streaks; Palantir Tumbles 7%

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A group led by the company received a contract from England’s National Health Service but the value of the contract was seen as less than expected and there were more partners involved than earlier thought.</p><p><strong>Lowe’s Cos. (LOW)</strong> - the home-improvement retailer, reported third-quarter revenue that missed analysts’ estimates and a same-store sales decline of 7.4%, wider than forecasts. The company also reduced fiscal-year guidance. The stock fell 3.1%.</p><p><strong>Dick’s Sporting Goods (DKS)</strong> - Dick’s Sporting Goods reported third-quarter adjusted earnings of $2.85 a share, well above analysts’ estimates, and raised its fiscal-year earnings forecast. The stock was up 2.2%.</p><p><strong>Broadcom (AVGO), VMware (VMW)</strong> - Broadcom plans to close on its merger with VMware on Wednesday after getting conditional approval for the deal from China’s antitrust regulator. Broadcom shares declined 1.5%, while VMware declined 5%.</p><p><strong>Kohl’s (KSS)</strong> - Third-quarter earnings at Kohl’s topped forecasts but same-store sales at the retailer fell 5.5%, worse than the expected 3.8% decline. Shares declined 8.6%.</p><p><strong>American Eagle Outfitters (AEO)</strong> - American Eagle Outfitters dropped 15.8% after the company issued a fourth-quarter operating income forecast range that at the midpoint missed Wall Street expectations.</p><p><strong>Analog Devices (ADI)</strong> - Analog Devices was down 1.4% after the semiconductor company issued fiscal first-quarter guidance below analysts’ estimates.</p><p><strong>Burlington Stores (BURL)</strong> - Burlington Stores surged 20.7% after the discount apparel retailer beat profit and same-store sales expectations in the third quarter.</p><p><strong>Symbotic (SYM)</strong> - Symbotic jumped 40.2% after the robotics warehouse automation company reported an increase of 25% in fiscal fourth-quarter revenue and reported its first quarter of adjusted profit. The company also said it expects first-quarter revenue of $350 million to $370 million, up from $206.3 million a year earlier, and higher than analysts’ forecasts.</p><p><strong>Agilent Technologies (A)</strong> - Agilent Technologies reported fiscal fourth-quarter adjusted earnings and revenue that beat analysts’ estimates and shares of the maker of laboratory instruments were up 8.7%.</p><p><strong>Nvidia (NVDA)</strong> - Nvidia is expected by analysts to report third-quarter adjusted earnings of $3.37 a share on revenue of $16.19 billion. The chip maker, which is a leading maker of processors that drive artificial-intelligence applications, reports earnings after the close of trading Tuesday. The key question for investors is what management will say about Nvidia ‘s progress in alleviating supply constraints to meet rising demand, particularly for graphic processing units. The stock was down 0.9% ahead of the earnings report.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/26d5af349cc46b32a35f341b7e598409\" tg-width=\"1080\" tg-height=\"1920\"/></p><h2 id=\"id_3479401677\">Market News</h2><h3 id=\"id_2321541735\" style=\"text-align: start;\">Fed Minutes Show Unity on Cautious Approach to Future Rate Hikes</h3><p>Federal Reserve policymakers at their most recent meeting united around a strategy to “proceed carefully” on future interest-rate moves and base any further tightening on progress toward their inflation goal.</p><p style=\"text-align: start;\">“All participants agreed that the committee was in a position to proceed carefully and that policy decisions at every meeting would continue to be based on the totality of incoming information,” according to minutes of the Oct. 31-Nov. 1 Federal Open Market Committee meeting released in Washington Tuesday.</p><h3 id=\"id_1411418586\" style=\"text-align: start;\">Nvidia Fails to Satisfy Lofty Investor Expectations for AI Boom</h3><p>Nvidia Corp. investors gave a cool reaction to its latest quarterly report, which blew past average analysts’ estimates but failed to satisfy the loftier expectations of shareholders who have bet heavily on an artificial intelligence boom.</p><p style=\"text-align: start;\">Revenue in the current period will be about $20 billion, the world’s most valuable chipmaker said Tuesday in a statement. Though that topped the average Wall Street prediction of $17.9 billion, some projections reached as high as $21 billion.</p><p style=\"text-align: start;\">After sliding as much as 6.3% in late trading, the shares settled down to a decline of about 1%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Post-Bell | S&P 500, Nasdaq Close Down, Ending 5-Session Winning Streaks; Palantir Tumbles 7%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPost-Bell | S&P 500, Nasdaq Close Down, Ending 5-Session Winning Streaks; Palantir Tumbles 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-11-22 07:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks retreated on Tuesday, with the S&amp;P 500 and Nasdaq snapping five-session winning streaks as retailers declined after some disappointing outlooks and as technology shares fell.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average fell 62.75 points, or 0.18%, to 35,088.29, the S&amp;P 500 lost 9.19 points, or 0.20%, to 4,538.19 and the Nasdaq Composite dropped 84.55 points, or 0.59%, to 14,199.98.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5902bc2819fcdc372224d26da112a3aa\" title=\"\" tg-width=\"393\" tg-height=\"205\"/></p><h2 id=\"id_3350154466\">Market Movers</h2><p><strong>Palantir Technologies (PLTR)</strong> - Palantir fell 7.2%. A group led by the company received a contract from England’s National Health Service but the value of the contract was seen as less than expected and there were more partners involved than earlier thought.</p><p><strong>Lowe’s Cos. (LOW)</strong> - the home-improvement retailer, reported third-quarter revenue that missed analysts’ estimates and a same-store sales decline of 7.4%, wider than forecasts. The company also reduced fiscal-year guidance. The stock fell 3.1%.</p><p><strong>Dick’s Sporting Goods (DKS)</strong> - Dick’s Sporting Goods reported third-quarter adjusted earnings of $2.85 a share, well above analysts’ estimates, and raised its fiscal-year earnings forecast. The stock was up 2.2%.</p><p><strong>Broadcom (AVGO), VMware (VMW)</strong> - Broadcom plans to close on its merger with VMware on Wednesday after getting conditional approval for the deal from China’s antitrust regulator. Broadcom shares declined 1.5%, while VMware declined 5%.</p><p><strong>Kohl’s (KSS)</strong> - Third-quarter earnings at Kohl’s topped forecasts but same-store sales at the retailer fell 5.5%, worse than the expected 3.8% decline. Shares declined 8.6%.</p><p><strong>American Eagle Outfitters (AEO)</strong> - American Eagle Outfitters dropped 15.8% after the company issued a fourth-quarter operating income forecast range that at the midpoint missed Wall Street expectations.</p><p><strong>Analog Devices (ADI)</strong> - Analog Devices was down 1.4% after the semiconductor company issued fiscal first-quarter guidance below analysts’ estimates.</p><p><strong>Burlington Stores (BURL)</strong> - Burlington Stores surged 20.7% after the discount apparel retailer beat profit and same-store sales expectations in the third quarter.</p><p><strong>Symbotic (SYM)</strong> - Symbotic jumped 40.2% after the robotics warehouse automation company reported an increase of 25% in fiscal fourth-quarter revenue and reported its first quarter of adjusted profit. The company also said it expects first-quarter revenue of $350 million to $370 million, up from $206.3 million a year earlier, and higher than analysts’ forecasts.</p><p><strong>Agilent Technologies (A)</strong> - Agilent Technologies reported fiscal fourth-quarter adjusted earnings and revenue that beat analysts’ estimates and shares of the maker of laboratory instruments were up 8.7%.</p><p><strong>Nvidia (NVDA)</strong> - Nvidia is expected by analysts to report third-quarter adjusted earnings of $3.37 a share on revenue of $16.19 billion. The chip maker, which is a leading maker of processors that drive artificial-intelligence applications, reports earnings after the close of trading Tuesday. The key question for investors is what management will say about Nvidia ‘s progress in alleviating supply constraints to meet rising demand, particularly for graphic processing units. The stock was down 0.9% ahead of the earnings report.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/26d5af349cc46b32a35f341b7e598409\" tg-width=\"1080\" tg-height=\"1920\"/></p><h2 id=\"id_3479401677\">Market News</h2><h3 id=\"id_2321541735\" style=\"text-align: start;\">Fed Minutes Show Unity on Cautious Approach to Future Rate Hikes</h3><p>Federal Reserve policymakers at their most recent meeting united around a strategy to “proceed carefully” on future interest-rate moves and base any further tightening on progress toward their inflation goal.</p><p style=\"text-align: start;\">“All participants agreed that the committee was in a position to proceed carefully and that policy decisions at every meeting would continue to be based on the totality of incoming information,” according to minutes of the Oct. 31-Nov. 1 Federal Open Market Committee meeting released in Washington Tuesday.</p><h3 id=\"id_1411418586\" style=\"text-align: start;\">Nvidia Fails to Satisfy Lofty Investor Expectations for AI Boom</h3><p>Nvidia Corp. investors gave a cool reaction to its latest quarterly report, which blew past average analysts’ estimates but failed to satisfy the loftier expectations of shareholders who have bet heavily on an artificial intelligence boom.</p><p style=\"text-align: start;\">Revenue in the current period will be about $20 billion, the world’s most valuable chipmaker said Tuesday in a statement. Though that topped the average Wall Street prediction of $17.9 billion, some projections reached as high as $21 billion.</p><p style=\"text-align: start;\">After sliding as much as 6.3% in late trading, the shares settled down to a decline of about 1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AVGO":"博通","VMW":"威睿","BURL":"伯灵顿百货",".DJI":"道琼斯","KSS":"柯尔百货","DKS":"迪克体育用品","PLTR":"Palantir Technologies Inc.",".SPX":"S&P 500 Index","LOW":"劳氏",".IXIC":"NASDAQ Composite","SYM":"Symbotic Inc.","A":"安捷伦科技","ADI":"亚德诺","AEO":"美鹰服饰"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140634852","content_text":"U.S. stocks retreated on Tuesday, with the S&P 500 and Nasdaq snapping five-session winning streaks as retailers declined after some disappointing outlooks and as technology shares fell.Market SnapshotThe Dow Jones Industrial Average fell 62.75 points, or 0.18%, to 35,088.29, the S&P 500 lost 9.19 points, or 0.20%, to 4,538.19 and the Nasdaq Composite dropped 84.55 points, or 0.59%, to 14,199.98.Market MoversPalantir Technologies (PLTR) - Palantir fell 7.2%. A group led by the company received a contract from England’s National Health Service but the value of the contract was seen as less than expected and there were more partners involved than earlier thought.Lowe’s Cos. (LOW) - the home-improvement retailer, reported third-quarter revenue that missed analysts’ estimates and a same-store sales decline of 7.4%, wider than forecasts. The company also reduced fiscal-year guidance. The stock fell 3.1%.Dick’s Sporting Goods (DKS) - Dick’s Sporting Goods reported third-quarter adjusted earnings of $2.85 a share, well above analysts’ estimates, and raised its fiscal-year earnings forecast. The stock was up 2.2%.Broadcom (AVGO), VMware (VMW) - Broadcom plans to close on its merger with VMware on Wednesday after getting conditional approval for the deal from China’s antitrust regulator. Broadcom shares declined 1.5%, while VMware declined 5%.Kohl’s (KSS) - Third-quarter earnings at Kohl’s topped forecasts but same-store sales at the retailer fell 5.5%, worse than the expected 3.8% decline. Shares declined 8.6%.American Eagle Outfitters (AEO) - American Eagle Outfitters dropped 15.8% after the company issued a fourth-quarter operating income forecast range that at the midpoint missed Wall Street expectations.Analog Devices (ADI) - Analog Devices was down 1.4% after the semiconductor company issued fiscal first-quarter guidance below analysts’ estimates.Burlington Stores (BURL) - Burlington Stores surged 20.7% after the discount apparel retailer beat profit and same-store sales expectations in the third quarter.Symbotic (SYM) - Symbotic jumped 40.2% after the robotics warehouse automation company reported an increase of 25% in fiscal fourth-quarter revenue and reported its first quarter of adjusted profit. The company also said it expects first-quarter revenue of $350 million to $370 million, up from $206.3 million a year earlier, and higher than analysts’ forecasts.Agilent Technologies (A) - Agilent Technologies reported fiscal fourth-quarter adjusted earnings and revenue that beat analysts’ estimates and shares of the maker of laboratory instruments were up 8.7%.Nvidia (NVDA) - Nvidia is expected by analysts to report third-quarter adjusted earnings of $3.37 a share on revenue of $16.19 billion. The chip maker, which is a leading maker of processors that drive artificial-intelligence applications, reports earnings after the close of trading Tuesday. The key question for investors is what management will say about Nvidia ‘s progress in alleviating supply constraints to meet rising demand, particularly for graphic processing units. The stock was down 0.9% ahead of the earnings report.Market NewsFed Minutes Show Unity on Cautious Approach to Future Rate HikesFederal Reserve policymakers at their most recent meeting united around a strategy to “proceed carefully” on future interest-rate moves and base any further tightening on progress toward their inflation goal.“All participants agreed that the committee was in a position to proceed carefully and that policy decisions at every meeting would continue to be based on the totality of incoming information,” according to minutes of the Oct. 31-Nov. 1 Federal Open Market Committee meeting released in Washington Tuesday.Nvidia Fails to Satisfy Lofty Investor Expectations for AI BoomNvidia Corp. investors gave a cool reaction to its latest quarterly report, which blew past average analysts’ estimates but failed to satisfy the loftier expectations of shareholders who have bet heavily on an artificial intelligence boom.Revenue in the current period will be about $20 billion, the world’s most valuable chipmaker said Tuesday in a statement. Though that topped the average Wall Street prediction of $17.9 billion, some projections reached as high as $21 billion.After sliding as much as 6.3% in late trading, the shares settled down to a decline of about 1%.","news_type":1,"symbols_score_info":{"LOW":1.1,".DJI":1.1,"PLTR":1.1,"ADI":1.1,"BURL":1.1,".IXIC":1.1,"AVGO":1.1,"AEO":1.1,"VMW":1.1,"KSS":1.1,"SYM":1.1,"A":1.1,".SPX":1.1,"DKS":1.1}},"isVote":1,"tweetType":1,"viewCount":57,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}