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SteelDynamics

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Steel Dynamics Inc <STLD.OQ> expected to post earnings of $2.74 a share - Earnings Preview

Steel Dynamics Inc expected to post earnings of $2.74 a share - Earnings Preview Steel Dynamics Inc STLD.OQ STLD.O is expected to show a fall in quarterly revenue when it reports results on July 17 for the period ending June 30 2024 The Fort Wayne Indiana-based company is expected to report a 12.7% decrease in revenue to $4.434 billion from $5.08 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data.
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U.S. STOCKS Health insurance firms, Super Micro, Datadog

BUZZ-U.S. STOCKS ON THE MOVE-Health insurance firms, Super Micro, Datadog 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 The Dow hit a record high in Wall Street's upbeat trading on Monday, on a greater chance of presidential candidate Donald Trump winning a second term after surviving an assassination attempt, while interest-rate cut hopes also aided sentiment.
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S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Steel Dynamics Inc STLD.OQ +4.9% Halliburton Co HAL.N +4.8% Tesla Inc TSLA.OQ +4.6% Axon Enterprise Inc AXON.OQ +4.6% APA Corp (US) APA.OQ +4.5% Bottom Performers Percent Change AES Corp AES.N -9.4% First Solar Inc FSLR.OQ -8.4% Center
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Jefferies cautious on steel firms' Q2, sees demand pick-up in 2025

BUZZ-Jefferies cautious on steel firms' Q2, sees demand pick-up in 2025 ** Jefferies remains cautious into European steel sector's Q2 reporting season and says demand recovery might be pushed to 2025 ** It says steel prices are close to the bottom, and expects infrastructure related demand to pick up in late H2 2024 or in 2025, after the U.S. presidential election ** Thus it expects outlook commentary into Q3 to be cautious ** Jefferies' top picks are still ArcelorMittal MT.LU in Europe, and Cle
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Stocks to watch as Biden and Trump vie for presidency

FACTBOX-Stocks to watch as Biden and Trump vie for presidency July 3 (Reuters) - The first U.S. presidential debate saw President Joe Biden turning in a fitful performance , especially at the beginning, as he exchanged barbs with former President Trump on abortion, immigration, the wars in Ukraine and Gaza and even their golf games. Both candidates defended their handling of the economy ahead of the Nov.
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