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Rivian (RIVN) is sharply lower after launching an underwritten public offering of 75 mln shares, with underwriters receiving an option to purchase another 11.25 mln shares. The offering follows a ...
*Semiconductor stocks are up nicely ahead of the open, with backing from a buy-the-dip trade. *Oil prices and Treasury yields are well-behaved at the moment, which is a support for the rebound action.
[BRIEFING.COM] The S&P 500 (-0.2%), Nasdaq Composite (-0.5%), and DJIA (-0.1%) are modestly lower this morning as chipmaker stocks give back some of their previous strength while the broader market is ...
General Mills (GIS) is trading higher after reporting its Q4 (May) results this morning. GIS bounced back from a rare EPS miss last quarter, with adjusted EPS of $0.95 nicely above expectations.
[BRIEFING.COM] S&P futures vs fair value: +7.00. Nasdaq futures vs fair value: +24.00. The S&P 500 futures currently trade eight points above fair value. Equity indices in the Asia-Pacific region had ...
[BRIEFING.COM] The S&P 500 (+0.4%), Nasdaq Composite (+0.7%), and DJIA (+0.1%) trade modestly higher as semiconductor stocks see an extension of yesterday's gains while the broader market is mixed.
[BRIEFING.COM] The S&P 500 (+0.5%), Nasdaq Composite (+1.0%), and DJIA (+0.3%) are improving from their opening gains as semiconductor names continue to move higher this morning. The Conference ...
[BRIEFING.COM] The major averages continue to drift higher as tech gains overshadow weakness in the broader market. AeroVironment (AVAV 159.82, +20.82, +14.98%) is soaring higher today after this ...
The Conference Board's Consumer Confidence Index increased to 91.2 in June (Briefing.com consensus 94.2) from a revised 90.6 (from 93.1) in May. In the same period a year ago, the index stood at 95.2.
[BRIEFING.COM] Stocks finished the second quarter on a strong note as another solid session across semiconductor names helped lift the S&P 500 (+0.8%), Nasdaq Composite (+1.5%), and DJIA (+0.3%). The ...