5 things to know before the stock market opens Wednesday
Publishing timestamp: 2023-10-25 07:05:35
Summary
Markets turned positive with Dow snapping losing streak. Verizon and Spotify stocks had strong performances. Alphabet's stock dropped after its cloud business missed estimates. Microsoft's shares jumped after strong earnings report. Snap initially saw a stock increase but sentiment turned negative due to advertiser pause. Meta is being sued by attorneys general for addictive social media platforms. UAW members walked out of GM plant after record profits announcement. Fuel shortage in Gaza threatens hospitals and aid operations. No speaker of the House has been chosen yet.
Sentiment: MIXED
Tickers: MSFT, GOOGL, SNAP, META, GM, VZ,
Keywords: snap inc, labor economy, donald trump, investment strategy, general motors co, business news, tom emmer, antonio guterres, markets, economy, microsoft corp, verizon communications inc, meta platforms inc, gaza, earnings, alphabet inc, business, israel, jennifer elias,