Alphabet Inc Class CArticle mentions Alphabet as one of the tech giants reporting earnings after close, but no specific news about the company is given; market awaits results.
U.S. stocks showed a lack of direction on Wednesday, with the major averages turning in a mixed performance ahead of key earnings reports from tech giants Alphabet, Tesla, and IBM after the close. The Dow rose 77.21 points or 0.2 percent to 52,301.85, while the S&P 500 slipped 1.37 points or less than a tenth of a percent to 7,507.83, and the Nasdaq fell 72.09 points or 0.3 percent to 25,765.11. Traders are focused on whether earnings can justify elevated valuations and the scale of AI-related investment, with analysts noting that strong results could keep technology shares resilient despite higher oil prices. Meanwhile, U.S. crude oil futures spiked nearly 3 percent to their highest levels in over a month amid escalating U.S.-Iran tensions, as U.S. Central Command conducted an 11th consecutive evening of strikes against Iranian military targets. In sector news, gold stocks surged 4.3 percent and computer hardware stocks jumped 4.4 percent, while software stocks moved notably lower.
Alphabet Inc Class CArticle mentions Alphabet as one of the tech giants reporting earnings after close, but no specific news about the company is given; market awaits results.
International Business MachinesArticle mentions IBM as one of the tech giants reporting earnings after close, but no specific news about the company is given; market awaits results.
Tesla IncArticle mentions Tesla as one of the tech giants reporting earnings after close, but no specific news about the company is given; market awaits results.