Stocks Roar Back as Beaten-Down Tech Sector Rebounds
View original at nasdaq.comStocks Roar Back as Beaten-Down Tech Sector Rebounds The S&P 500 Index ($SPX) (SPY) on Friday closed up +1.97%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +2.47%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.15%…
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It's paramount for the Fed to keep monetary policy in a restrictive posture so that we get inflation back to 2%
80% confidenceFed Vice Chair is cautiously optimistic about US economy outlook and strong productivity growth could help return inflation to Fed's 2% target
80% confidenceS&P earnings growth expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth
80% confidenceDoximity forecasts full-year revenue of $642.5 million to $643.5 million
80% confidenceFDA will take swift action against companies mass-marketing illegal copycat drugs claiming they are similar to FDA-approved products
80% confidenceCentene forecasts full-year revenue of $186.5 billion to $190.5 billion
80% confidenceGen Digital forecasts full-year adjusted EPS of $2.54 to $2.56
80% confidenceExcluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%
80% confidenceBill Holdings raised full-year adjusted EPS forecast to $2.33 to $2.41 from previous forecast of $2.11 to $2.25
80% confidenceRoblox forecasts full-year bookings of $8.28 billion to $8.55 billion
80% confidenceMolina Healthcare forecasts full-year adjusted EPS of at least $5.00
80% confidenceCitigroup upgraded Estee Lauder to buy from neutral with price target of $120
80% confidenceCICC recommends outperform rating on Caterpillar with price target of $800
80% confidenceGoldman Sachs upgraded Vistra to buy from neutral with price target of $205
80% confidence