Categories Analysis, U.S. Markets News
US pre-market news: Dow Jones, NASDAQ, S& P updates for Apr. 23, 2021
Reports of Joe Biden’s tax hike plans had a negative impact on the markets yesterday. The marginal rate of capital gains tax could rise to 39.6%, compared to the current base rate of 20%, and would only apply to those earning more than $1 million a year. US stock futures opened positive on Friday, recovering slightly from the previous session’s sharp losses with investors being careful of the potential for a hike in capital gains tax.
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Broadcom (AVGO) reports higher Q3 revenue and profit; results beat estimates
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) reported higher revenues and adjusted earnings for the third quarter of 2024 amid continued strong demand. The Q3 numbers also topped expectations. Earnings, excluding
Key takeaways from Hewlett Packard’s (HPE) Q3 2024 earnings report
Hewlett Packard Enterprise (NYSE: HPE) has delivered stronger-than-expected third-quarter results amid significant conversion in AI system revenues. The prospects for the company's AI server and edge computing businesses look promising
Hormel Foods (HRL): Factors that put a damper on the food company’s Q3 performance
Shares of Hormel Foods Corporation (NYSE: HRL) were up over 2% on Thursday. The stock is recovering from a fall it took a day ago after the company delivered mixed
