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Wall Street ends sharply higher as Powell cements September rate cut hopes

US STOCKS-Wall Street ends sharply higher as Powell cements September rate cut hopes Fed's Powell says 'time has come' to cut interest rates Small caps, regional banks surge Workday jumps after Q2 revenue beat, $1 bln share buyback plan Indexes up: Dow 1.14%, S&P 500 1.15%, Nasdaq 1.47% Adds details after market close By Stephen Culp NEW YORK, Aug 23 (Reuters) - U.S.
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Wall Street ends sharply higher as Powell cements September rate cut hopes

US STOCKS-Wall Street ends sharply higher as Powell cements September rate cut hopes Fed's Powell says 'time has come' to cut interest rates Small caps, regional banks surge Workday jumps after Q2 revenue beat, $1 bln share buyback plan Updates to market close By Stephen Culp NEW YORK, Aug 23 (Reuters) - U.S. stocks rallied on Friday as dovish remarks from U.S.
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Workday Inc WDAY.OQ +12.4% Warner Bros Discovery Inc WBD.OQ +7% Tesla Inc TSLA.OQ +4.5% Arm Holdings PLC ARM.OQ +4.0% NVIDIA Corp NVDA.OQ +3.9% Bottom Performers Percent Change Intuit Inc INTU.OQ -7.0% PDD Holdings Inc PDD.OQ -5.3% Micron Technology Inc MU.OQ -2.3% Synopsys Inc SNPS.OQ -1.5% Intuitive Surgical Inc ISRG.OQ -0.9% The Nasdaq 100 .NDX gained 184.39 points, or 0.95%, t
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Wall Street surges as Powell cements September rate cut hopes

REFILE-US STOCKS-Wall Street surges as Powell cements September rate cut hopes Corrects typo in paragraph 11 Fed's Powell says 'time has come' to cut interest rates Small caps, regional banks surge Workday jumps after Q2 revenue beat, $1 bln share buyback plan Indexes up: Dow 0.90%, S&P 500 0.88%, Nasdaq 1.21% By Stephen Culp NEW YORK, Aug 23 (Reuters) - U.S.
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U.S. STOCKS US banks, LGI Homes, Intuit

BUZZ-U.S. STOCKS ON THE MOVE-US banks, LGI Homes, Intuit Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 All three major U.S. stock indexes gained more 1% on Friday, with the benchmark S&P 500 nearing an all-time high, after Federal Reserve Chair Jerome Powell said "the time has come" to reduce interest rates.
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S&P 500 nears record high as Powell signals rate cut imminent

REFILE-US STOCKS-S&P 500 nears record high as Powell signals rate cut imminent Adds dropped word 'than' in paragraph 1 and corrects instrument code for Apple in paragraph 12 Fed's Powell says 'time has come' to cut interest rates Workday jumps after Q2 revenue beat, $1 bln share buyback plan Wall St's fear gauge eases after Powell's comments Indexes up: Dow 1.17%, S&P 500 1.14%, Nasdaq 1.49% By Medha Singh and Johann M Cherian Aug 23 (Reuters) - All three major U.S.
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U.S. STOCKS Workday, Roku, Dexcom

BUZZ-U.S. STOCKS ON THE MOVE-Workday, Roku, Dexcom Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's stock indexes jumped on Friday, with the benchmark S&P 500 index nearing a record high, after U.S. Federal Reserve Chair Jerome Powell said "the time has come" to reduce interest rates.
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Intuit falls after Q1 revenue forecast below expectations

BUZZ-Intuit falls after Q1 revenue forecast below expectations ** Shares of TurboTax parent Intuit INTU.O down 5.1% at $631.65 ** Company expects Q1 revenue growth of 5% to 6%, below expectations of 13.1% ** INTU expects transition of QuickBooks desktop products to a recurring subscription model to lower Q1 revenue by about $160 million ** Still, Q
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U.S. Advance Auto Parts, Chewy, Workday

U.S. RESEARCH ROUNDUP-Advance Auto Parts, Chewy, Workday Aug 23 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Advance Auto Parts, Chewy and Workday, on Friday. HIGHLIGHTS * Advance Auto Parts Inc AAP.N : JP Morgan cuts target price to $43 from $55 * Chewy CHWY.N : Piper Sandler raises to overweight from neutral * Intuit Inc INTU.O : Jefferies raises target price to $790 from $770 * Williams-Sonoma Inc WSM.N : TD Co
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Intuit forecasts annual revenue above estimates on driven financial tools

UPDATE 1-Intuit forecasts annual revenue above estimates on AI-driven financial tools Updates shares in paragraph 3 By Jaspreet Singh Aug 22 (Reuters) - Intuit INTU.O forecast fiscal 2025 revenue above Wall Street estimates on Thursday, banking on growing demand for its AI-driven financial management tools amid recent price increases. Intuit, known for products like TurboTax, Credit Karma, and QuickBooks, has benefited from growing demand for its AI-powered offerings, which provide personalized
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Intuit rises after upbeat annual revenue forecast

BUZZ-Intuit rises after upbeat annual revenue forecast ** Shares of TurboTax parent Intuit INTU.O up 2.7% at $683 in extended trading ** Co forecast fiscal 2025 rev between $18.16 bln and $18.35 bln vs. est. of $18.18 bln - LSEG data ** INTU expects annual adj. profit per share of $19.16 and $19.36 vs. est. of $19.15 ** Q4 rev came in at $3.18 bln, beating an estimate of $3.08 bln ** Excluding items, it earned $1.99 per share, compared with an estimated $1.84 per share.
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Intuit forecasts annual revenue above estimates on driven financial tools

Intuit forecasts annual revenue above estimates on AI-driven financial tools Aug 22 (Reuters) - Intuit INTU.O forecast fiscal 2025 revenue above Wall Street estimates on Thursday , banking on growing demand for its AI-driven financial management tools amid recent price increases. Shares of the Mountain View, California-based company rose about 2% in extended trading as it also announced a new $3 billion repurchase authorization.
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What to Watch in the Day Ahead - Thursday, August 22

What to Watch in the Day Ahead - Thursday, August 22 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT On the U.S. economic radar, the Labor Department's weekly jobs report is expected to show initial jobless claims likely rose to 230,000 for the week ended Aug.
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Intuit Inc <INTU.OQ> expected to post earnings of $1.84 a share - Earnings Preview

Intuit Inc expected to post earnings of $1.84 a share - Earnings Preview Intuit Inc INTU.OQ INTU.O is expected to show a rise in quarterly revenue when it reports results on August 22 for the period ending July 31 2024 The Mountain View California-based company is expected to report a 13.6% increase in revenue to $3.082 billion from $2.71 billion a year ago, according to the mean estimate from 20 analysts, based on LSEG data.The company's guidance on May 23 2024, for the period ended July 31, wa
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U.S. earnings week ahead

DIARY-U.S. earnings week ahead Aug 16 (Reuters) - Diary of U.S. (.SPX) corporate earnings for the week ahead. ** Please Note - All times given are in U.S. EDT unless otherwise stated ** U.S. EARNINGS Start Date Start Time RIC Company Name Event Name 19-Aug-2024 AMC PANW.O Palo Alto Networks Inc Q4 2024 Palo Alto Networks Inc Earnings Release 19-Aug-2024 BMO EL Estee Lauder Companies Inc Q4 2024 Estee Lauder Companies Inc Earnings Release 20-Aug-2024 AMC KEYS Keysight Technologies Inc Q3 2024 Key
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S&P 500 ends up, win streak at 5; Nasdaq ekes out gain even as Alphabet weighs

US STOCKS-S&P 500 ends up, win streak at 5; Nasdaq ekes out gain even as Alphabet weighs S&P 500, Nasdaq extend win streaks to five U.S. CPI rises as expected in July Alphabet dips after report US mulls Google break-up VIX records fastest ever drop from high-fear range Indexes up: Dow 0.61%, S&P 500 0.38%, Nasdaq 0.03% Adds closing prices By David French Aug 14 (Reuters) - The S&P 500 ended higher on Wednesday, stretching its winning streak to five sessions, as the latest inflation data reassure
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S&P 500 closes up, win streak at 5; Alphabet weighs on Nasdaq

US STOCKS-S&P 500 closes up, win streak at 5; Alphabet weighs on Nasdaq Kellanova jumps after Mars to buy co in $36 bln deal U.S. CPI rises as expected in July Alphabet dips after report US mulls Google break-up Updates to close By David French Aug 14 (Reuters) - T he S&P 500 closed higher on Wednesday, stretching its winning streak to five sessions, as the latest inflation data reassured investors betting the Federal Reserve would start cutting U.S.
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Wall Street indexes mixed as Alphabet slips, data keeps rate-cut bets intact

US STOCKS-Wall Street indexes mixed as Alphabet slips, data keeps rate-cut bets intact Kellanova jumps after Mars to buy co in $36 bln deal U.S. CPI rises as expected in July Alphabet dips after report US mulls Google break-up Indexes: Dow up 0.64%, S&P 500 up 0.22%, Nasdaq down 0.24% Updated to 2:00 p.m. ET/1800 GMT By Shashwat Chauhan and David French Aug 14 (Reuters) - Wall Street's main indexes o ffered a mixed bag on Wednesday, as Alphabet and some megacap tech stocks traded lower but the l
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U.S. STOCKS Progressive, Serve Robotics, Palo Alto Networks

BUZZ-U.S. STOCKS ON THE MOVE-Progressive, Serve Robotics, Palo Alto Networks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed on Wednesday as Alphabet slid and as signs of moderating inflation kept bets intact that the U.S.
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U.S. STOCKS Allstate, Progressive, Serve Robotics

BUZZ-U.S. STOCKS ON THE MOVE-Allstate, Progressive, Serve Robotics Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed on Wednesday, as Alphabet slid and as signs of moderating inflation kept bets alive that the U.S.
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