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Market Highlights ๐ก- 17 April 2024
$AAPL: Bounce Back or Bust This Week ?
2.Here are the stocks mentioned by the above Tigers: $Constellation Energy Corp(CEG)$ $United Continental(UAL)$ $Boeing(BA)$ $US2Y(US2Y.BOND)$ $Tesla Motors(TSLA)$ $Apple(AAPL)$
(Not investment advice)
And let's congratulate these Tigers for winning 5-40 Coins: @SPOT_ON @Mrzorro @Omega88
Below are Today's Key Takeaways.
Top News Move the Market
U.S. stocks closed lower on Wednesday as crude prices tumbled and investors weighed cautious U.S. Federal Reserve commentary and ongoing geopolitical strife against mixed quarterly earnings.The Dow Jones Industrial Average fell 45.66 points, or 0.12%, to 37,753.31, the S&P 500 lost 29.2 points, or 0.58%, to 5,022.21 and the Nasdaq Composite dropped 181.88 points, or 1.15%, to 15,683.37.
United Airlines posted an adjusted first-quarter loss of 15 cents a share, much narrower than analystsโ estimates that called for a loss of 58 cents, and revenue jumped 10% to $12.5 billion on strong travel demand. The carrier also forecast second-quarter earnings of $3.75 to $4.25 a share, higher than analystsโ estimates, and maintained its full-year forecast for adjusted earnings of $9 to $11 a share. The stock jumped 17%.
Trump Media & Technology Group rose 16% after shares of the parent company of the Truth Social platform fell 14% on Tuesday and 18% on Monday. The company on Tuesday said it was planning a new livestreaming network to be delivered via its app and eventually on TV.
ASML Holding fell 7.1% after first-quarter orders missed analystsโ expectations. The Dutch company, which provides semiconductor-making equipment to chip makers, posted net bookings in the first quarter of โฌ3.61 billion, or $3.84 billion, below consensus estimates of nearly โฌ5.10 billion.
Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs.
The Google spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal roles, but did not specify the number of employees impacted nor the teams involved.
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๐๐๐ Bet on TSMC Stock Movement and Win Tiger Coins!
Click here to vote! Guess how will $Taiwan Semiconductor Manufacturing(TSM)$ move today? If you get the correct answer, you may divide 1000 Tiger Coins among other Tigers.
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i voted down less than 3% ... based on technicals.... think the stock had peaked!
@Melson
@RonL
@Success88
@MHh