eBay, one of the leading online e-commerce marketplaces, experienced a decline in shares during late trading. The drop was a result of the company's disappointing forecasts for the upcoming December holiday quarter. eBay specifically highlighted signs of weakness in its European business as a contributing factor. In terms of financial performance, eBay reported a revenue of … [Read more...] about eBay Shares Drop After Disappointing Forecasts for Holiday Season
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Warning Signs in S&P Semiconductors Index
The S&P Semiconductors Select Industry Index is experiencing a significant downturn, and this could spell trouble for the overall stock market. Breaking the Trend Both in terms of price and relative strength, the index has reached its peak. What's more concerning is that it has now broken the uptrend that started from its low in October. An Important Indicator Unlike … [Read more...] about Warning Signs in S&P Semiconductors Index
Apple Shares Struggle as iPhone 15 Fails to Boost Stock
Apple's shares, represented by the ticker symbol AAPL, have been experiencing a downturn, making it the worst month for the technology giant so far in 2023. Surprisingly, even the introduction of the highly anticipated iPhone 15 hasn't managed to reverse the trend. In premarket trading on Thursday, Apple shares saw a marginal increase of 0.3% and were priced at $169.99. … [Read more...] about Apple Shares Struggle as iPhone 15 Fails to Boost Stock
Auto Strikes Cause Stock Market Struggles
Shares of industrial and transportation companies took a nosedive as auto strikes threatened to expand. The United Auto Workers union intensified its strike by targeting a Ford Motor factory in Chicago and a General Motors plant in Michigan. The reason behind the escalation is the lack of progress at the bargaining table. UAW President, Shawn Fain, spoke out during a livestream … [Read more...] about Auto Strikes Cause Stock Market Struggles
Microsoft Corp. Shares Experience 1.92% Increase
Microsoft Corp. (MSFT) saw its shares rise by 1.92% on Monday, reaching $321.80. This gain took place amidst a mixed trading session for the stock market. Overall Market Performance During the trading session, the S&P 500 Index (SPX) experienced a slight increase of 0.01%, reaching 4,288.39. However, the Dow Jones Industrial Average (DJIA) had a decrease of 0.22%, closing … [Read more...] about Microsoft Corp. Shares Experience 1.92% Increase
