After hours trading shows mixed movement for most active stocks on Aug 13, 2024
From Nasdaq.: 2024-08-13 16:24:54 The NASDAQ 100 After Hours Indicator is down -20.7 to 18,985.73, with a total of 84,620,344
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Key Tronic Corporation reports lower revenue due to cyberattack, but improves gross margin
From GlobeNewswire: 2024-08-13 16:08:00 Key Tronic Corporation reported total revenue of $125.7 million for the fourth quarter of fiscal year
Floki's Valhalla MMORPG launches massive ad campaign in English Premier League season 2024-25
From Investing.com. August 13, 2024 4:00:39 pm: Floki’s Valhalla MMORPG will lead a massive advertising campaign during the 2024-25 English
Chipotle CEO Brian Niccol leaves for Starbucks, stock drops 7%.
From CNBC: 2024-08-13 16:00:32 Chipotle stock dropped by 10% as CEO Brian Niccol announced his departure to become Starbucks CEO.
Mixed pre-market earnings report for various companies with some expected increase and some decrease.
From Nasdaq.: 2024-08-13 16:00:01 UBS AG is expected to report earnings on 08/14/2024 with a forecasted EPS of $0.12, a
Neutral.
From CNBC: 2024-08-13 15:52:51 Summary 1: Tesla, led by Elon Musk, is not just an automaker but a tech company
Apple will release iPhone "Air" next year, bridging gap between standard and Pro models.
From Nasdaq: 2024-08-13 15:40:47 The highly anticipated iPhone 17 “Slim” may be marketed as the iPhone “Air” to increase sales,
Investor interest in cryptocurrency is growing due to increasing adoption and positive sentiment.
From Nasdaq August 13, 2024 3:37:49 pm: Bitcoin and cryptocurrencies are rebounding this year, gaining adoption and positive sentiment after
Michael Saylor advises Bitcoin miners to hold more Bitcoin in their treasury for profits
From Investing.com August 13, 2024 3:30:40 pm: MicroStrategy’s founder, Michael Saylor, advises Bitcoin miners to maximize profits by holding more
UAW accuses Trump and Musk of intimidation towards workers, facing legal complaints
From Investing.com: 2024-08-13 15:16:37 The United Auto Workers Union files complaints against Donald Trump and Elon Musk for threatening and
OpenAI launches Gemini Live with voice mode to rival Google's LaMDA project
From Google: 2024-08-13 15:16:32 OpenAI recently rolled out Gemini Live, the live chat functionality for ChatGPT, as it competes with
Loar shares hit all-time high due to positive outlook and higher-than-expected earnings
From Google: 2024-08-13 14:53:00 Loar’s shares hit an all-time high due to a positive outlook and higher-than-expected earnings in the
Positive.
From Nasdaq: 2024-08-13 14:45:00 Walmart Inc. (WMT) shares are up 30.7% this year, outperforming the Retail – Supermarkets industry’s gain
Microsoft releases updates to enhance security intelligence and improve performance, though system deployment vulnerability exists
From Nasdaq: 2024-08-13 14:36:12 Microsoft has released updates, including a Defender Antivirus update, to enhance security intelligence in antimalware products.
Technology & Communications sector leading market with NVIDIA and Monolithic Power Systems up, positive.
From Nasdaq: 2024-08-13 14:32:29 Technology & Communications stocks, like NVIDIA Corp and Monolithic Power Systems, are leading the market, with
Key inflation data comes in cool, leading to significant gains for S&P 500 and Nasdaq
From Google: 2024-08-13 14:20:35 The S&P 500 and Nasdaq saw significant gains as key inflation data cooled, indicating a positive
Analysts predict Solana could reach $300-$1,000, but network data suggests a more realistic $190 target.
From Cointelegraph. August 13, 2024 2:16:00 pm: Analysts are predicting that the price of SOL could reach anywhere from $300
Increased electricity demand from data centers is boosting Utility ETFs like XLU, VPU, and UTES.
From Nasdaq: 2024-08-13 14:16:00 The Utilities sector leads the S&P 500, showing a 22% gain in the last six months.
Aramark stock reaches all-time high with triple-digit profit growth, positive.
From Google: 2024-08-13 14:12:00 Food service company Aramark’s stock reaches an all-time high after reporting triple-digit profit growth. The company’s
Fed interest rate cut may boost Home Depot sales, despite company forecasting a drop
From CNBC: 2024-08-13 14:01:15 Home Depot is closely monitoring the Federal Reserve’s potential interest rate cut. With homeowners holding off
Positive: NU expects 100% EPS increase, FNV beats expectations, QFIN targets industry outperformance.
From Nasdaq: 2024-08-13 14:00:01 After-hours earnings report: Nu Holdings Ltd. (NU) expects 100% EPS increase to $0.10, higher than industry
Global Aircraft Engine MRO market set to reach USD 35.6 billion by 2033 with CAGR of 3.52%.
From GlobeNewswire: 2024-08-13 14:00:00 The Global Aircraft Engine MRO Market is projected to grow from USD 25.2 billion in 2023
Nvidia stock surged 6.2% due to reduced delays in Blackwell AI processor shipments.
From Nasdaq: 2024-08-13 13:54:15 Shares of Nvidia (NASDAQ: NVDA) surged 6.2% on reports of less severe delays in Blackwell AI
World Mobile accelerates U.S. network growth with AirNode sales, aiming to expand decentralized connectivity.
From Investing.com August 13, 2024 1:30:45 pm: World Mobile’s DePIN network releases over 700 AirNodes in Northern Nevada and California,
Investors should focus on AI stocks like CXApp, AudioEye, and SoundHound for potential growth.
From Nasdaq: 2024-08-13 13:29:00 Investors should focus on the blossoming artificial intelligence (AI) revolution for sustained earnings growth. The global