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S&P 500 Closes at Record High, Made to Wait for 4,000; Tech Bulls Return By Investing.com

By Yasin Ebrahim Investing.com – The S&P 500 closed at a record high Wednesday, as technology stocks were back in vogue among traders as a volatile quarter drew to a close.   The S&P 500 rose 0.44%, to close at a record of 3,976.11, the Dow Jones Industrial Average fell 0.26%, or 85 points, the Nasdaq Composite was up 1.5%. Tech closed the quarter...

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Micron Earnings, Revenue Beat in Q2 By Investing.com

By Yasin Ebrahim Micron (NASDAQ:MU) reported Wednesday second-quarter results that topped expectations. Micron announced earnings per share of 98 cents on revenue of $6.24 billion. Analysts polled by Investing.com anticipated EPS of 93 cents on revenue of $6.16 billion. The company previously guided fiscal second-quarter EPS of 68 cents to 82 cents, above estimates for EPS of 64 cents, and revenue of $5.6...

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Micron Earnings, Revenue beat in Q2 By Investing.com

Micron (NASDAQ:MU) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. Micron announced earnings per share of $0.98 on revenue of $6.24B. Analysts polled by Investing.com anticipated EPS of $0.9336 on revenue of $6.16B. Micron shares are up 17% from the beginning of the year and are trading at $88.21 , down-from-52-week-high.They are...

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Global M&A sets first-quarter record as dealmakers shape post-COVID world By Reuters

By Joshua Franklin and Pamela Barbaglia BOSTON/LONDON (Reuters) - Mergers and acquisitions (M&A) activity surged globally in the first quarter of 2021 to a year-to-date record, as companies and investment firms rushed to get ahead of changes in how people work, shop, trade and receive healthcare during the COVID-19 pandemic. While the number of deals was up only 6% from a...

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Canada shares higher at close of trade; S&P/TSX Composite up 0.37% By Investing.com

Investing.com – Canada equities were higher at the close on Wednesday, as gains in the Healthcare, IT and Materials sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite gained 0.37%. The biggest gainers of the session on the S&P/TSX Composite were Lithium Americas Corp (TSX:LAC), which rose 12.27% or 2.22 points to trade at 20.31 at...

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Ford to provide update on financial impact of chip shortage on April 28 By Reuters

DETROIT (Reuters) - Ford Motor (NYSE:F) Co said on Wednesday it would provide an update on April 28 to the expected hit to its 2021 profits because of the global chip shortage. The U.S. automaker previously said its operating profit would be reduced by $1 billion to $2.5 billion. The update to that forecast will be provided when Ford reports...

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Dua Lipa, Celeste and Arlo Parks lead BRITs nominations By Reuters

LONDON (Reuters) - Singers Dua Lipa, Celeste and Arlo Parks led nominations for the BRITs on Wednesday, with the three female singers scoring three nods each at Britain's pop music honours, organisers said. The three British women are all nominated in the female solo artist and album categories, with Lipa's "Future Nostalgia", Celeste's "Not Your Muse" and Parks' "Collapsed in Sunbeams" records...

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Kroger Falls on Guidance Miss, Plans to Boost Wages By Investing.com

By Dhirendra Tripathi Investing.com – Kroger (NYSE:KR) shares were trading 4% weaker Wednesday after its 2021 guidance missed expectations and the company said it would increase wages. Full-year earnings per share are expected at $2.75 to $2.95, compared to the $2.81 consensus, according to Seeking Alpha. Operating profit is expected in the range of $3.3 billion to $3.5 billion and profit between $3.30...

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S&P 500 on Cusp of Historic 4,000 Level as Tech Leads Advance By Investing.com

By Yasin Ebrahim Investing.com – The S&P 500 hit a record high on Wednesday, led by a jump in growth stocks as investors swooped in to take advantage of beaten down tech stocks as U.S. bond yields trickled lower. The S&P 500 rose 0.89% to hitting a record high of 3,994.03, the Dow Jones Industrial Average rose 0.20%, or 65 points, the Nasdaq...

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