Independent thinking for complex markets and current events
April 28 (Reuters) – Seagate Technology forecast fourth-quarter revenue and profit above Wall Street expectations on Tuesday, betting on strong demand for its data-storage hardware as enterprises ramp up adoption of artificial intelligence. Shares of the company surged around 16% in extended trading, fueling a rise in rivals’ stock. Western Digital jumped 11% and SanDisk …
Feb 10 (Reuters) – The U.S. Food and Drug Administration will not review Moderna’s (MRNA) approval application for its influenza vaccine, the company said on Tuesday, sending its shares down 8% in extended trading. In its refusal-to-file letter, the FDA said Moderna’s choice to compare mRNA-1010 to an already licensed standard-dose seasonal influenza was the …
Nvidia $NVDA is no longer allowed to sell to China AND they’re slapped with a $5.5B fine… Yikes. 😬 pic.twitter.com/RlrnfCdSmg — Just a Dude Who Invests (@DudeWhoInvests) April 15, 2025 Market HATES this news, Nvidia $NVDA down 5% after-hours and the fine will be reflected in the current quarterly earnings. https://t.co/P0nW1Z2Pqe pic.twitter.com/Qy6YE8y3iC — Just a …
If we continue repeating the 2020 pattern a rally should begin today and last until August 18th OpEx. I'm guessing Apple and Amazon's after-hours earnings reports will be the narrative. https://t.co/KjjSGWQMd0 — Financelot (@FinanceLancelot) August 3, 2023 The narrative for market crashes must have 3 elements: 1) It affects everyone2) Generates widespread fear3) It's something …