Friday's big stock stories: What's likely to move the market in the next trading session
Publishing timestamp: 2024-08-08 19:58:11
Summary
E.l.f. Beauty, Paramount Global, and Sweetgreen saw positive results in their earnings reports, while Dropbox and Archer Aviation had mixed results. Home renovation trends in the U.S. are on the rise, and investors may need to look for new sources of yield as the Federal Reserve potentially prepares for a rate cut. Various bond funds are listed as options for investors. Several tech stocks, including Nvidia, Meta Platforms, Tesla, Alphabet, Amazon, Apple, and Microsoft, saw gains on Thursday. CrowdStrike experienced a tech outage that cost an airline $380 million, leading to a sell-off in the stock. Ulta Beauty, Estee Lauder, and Coty are also mentioned in the article.
Sentiment: MIXED
Tickers: PARA, AMZN, LOW, ELF, AAPL, ACHR, NVDA, BAGIX, HD, GOOGL, COTY, AMC, .SPX, EL, CRWD, SG, TSLA, MSFT, US3M, DBX, META, ULTA,
Keywords: meta platforms inc, blackrock total return etf, home depot inc, crowdstrike holdings inc, vanguard core bond fund investor shares, baird aggregate bond fund class institutional, vanguard core-plus bond fund investor shares, elf beauty inc, archer aviation inc, tesla inc, amazon.com inc, nvidia corp, apple inc, ulta beauty inc, s&p 500 index, paramount global, microsoft corp, dropbox inc, coty inc, u.s. 3 month treasury, stock markets, business news, estee lauder companies inc, amc entertainment holdings inc, fidelity intermediate bond fund, alphabet inc, lowe's companies inc, investment strategy, sweetgreen inc,
Source: https://www.cnbc.com/2024/08/08/fridays-big-stock-stories-whats-likely-to-move-the-market.html