Electronic Arts tumbles after cutting guidance because of underperformance in its soccer game titles, while Arm Holdings and Nvidia give back gains following sharp moves higher after the announcement of the Stargate AI initiative.
U.S. stock index futures showed mixed trends, with Dow E-minis slightly up while S&P 500 and Nasdaq 100 E-minis were down. Investors focused on GE Aerospace's positive 2025 profit forecast and American Airlines' negative outlook.
GE Aerospace on Thursday forecast a stronger profit for the year after its fourth-quarter earnings exceeded Wall Street estimates as strong travel demand amid persistent shortages of new aircraft bolstered sales of its high-margin parts and services.
US markets ended higher on Thursday, shrugging off early weakness as investors digested President Donald Trump's remarks to the World Economic Forum
U.S. stock markets experienced mixed movements as investors digest a combination of corporate earnings and President Trump's ambiguous trade policy remarks at the World Economic Forum. The S&P 500 index approaches a record high,
The Dow Jones index rose but other indexes lagged in the stock market today. Yield rose as investors awaited Trump's Davos address.
Stock via Getty Images The latest gathering of the world's political and business elite, plus the usual smattering of celebrities, is
GE Aerospace is significantly overvalued, with a trailing P/E ratio of 40x and stretched fundamental comparisons vs. peers. Overly optimistic Wall Street growth forecasts and potential economic ...