Daniel Shoch stepped up in the pocket and rolled out to his right. The quarterback at East Coweta (Ga.) High School — under pressure all night — saw his receiver open for a split second.But there was a problem. Travis Hunter was on the other team.“I threw it to where I thought only my receiver would be able to break on it fast enough to get back down to the ball,” Shoch said.Predictably, this did not end well for East Coweta.Hunter broke on the ball, snatched it out of nowhere and took it 70 yards the other way for a…
Author: usaeverydaylife
Another busy day of megacap technology earnings kicks off Wednesday with results from Meta Platforms and Microsoft after the bell. Capital expenditures spending remain top of mind for investors this reporting season after concerns about the payoffs from artificial intelligence investments dented sentiment and pressured the behemoths earlier this year. Those concerns haven’t dissipated, with D.A. Davidson analyst Gil Luria noting that capex figures are the “best indicator of NVDA demand.” Citi’s Ronald Josey thinks that these projections could, however, come in on the conservative side. Wall Street expects Meta Platforms to post third-quarter earnings of $5.25 per share, up from…
Check out the companies making headlines in midday trading. Reddit – Shares soared 41% after the social media company reported a blockbuster third-quarter report . Reddit reported earnings of 16 cents per share, while analysts surveyed by LSEG had expected a loss of 7 cents. The company’s $348.4 million revenue also exceeded consensus estimates of $312.8 million. Reddit guided fourth-quarter revenue and adjusted earnings that beat the average analyst estimate. Super Micro Computer – The AI server stock shed 30% after revealing in a regulatory filing that its auditor EY resigned after raising concerns about the board’s independence and accounting…
Microsoft CEO Satya Nadella takes part in the Partnership for Global Infrastructure and Investment Event during the G7 Summit at the Borgo Egnazia resort in Savelletri, Italy, on June 13, 2024.Mandel Ngan | AFP | Getty ImagesMicrosoft will report results for its fiscal first quarter after the close of regular trading on Wednesday.Here’s the LSEG consensus of analysts’ expectations:Earnings per share: $3.10Revenue: $64.51 billionThe revenue estimate implies 14% annual growth for the quarter, which ended on June 30.In August, Microsoft said it would revise the reporting of business segments to reflect its management approach. Mobility and security services, along with…
Tony Zhang discusses a put vertical on Lululemon. Source link
Options traders are buckling down for outsized volatility around next week’s election, according to Goldman Sachs. John Marshall of the bank’s derivatives research team said in a note to clients that options market pricing is pointing to a big move for the S & P 500 next week, and even bigger moves for certain groups of stocks that could be more reactive to the outcome of the election. “SPX options imply a +/- 2.1% move on election day. … We examine options on the top 25 macro ETFs which imply an average move of +/- 5.3% for U.S. elections when…
Aytac Unal/ | Anadolu | Getty ImagesShares of Trump Media dropped more than 22% Wednesday, pouring cold water on a remarkable rally that added billions of dollars to former President Donald Trump’s on-paper net worth in the run-up to the 2024 election.DJT stock, which closed at $51.51 per share on Tuesday, was trading under $40 around noon ET Wednesday.Trump, the Republican presidential nominee, owns nearly 57% of the company, according to recent regulatory filings.His stake as of midday Wednesday was worth around $4.5 billion — nearly $1.4 billion lower than where it stood Tuesday afternoon.Trump has vowed not to sell…
Tim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 10, 2024.Bloomberg | GettyApple on Wednesday introduced new MacBook Pro laptops with updated processors, in what is likely the company’s last major hardware announcement of the year.The new devices are equipped with Apple’s latest chip, the M4. Some models have access to more powerful versions, called the M4 Pro and M4 Max. Apple says the new chips are 1.8 times faster than the M1, which powered Apple’s 2021 MacBook Pro.Apple has also made a significant change across its entire…
The first thing you notice is how different he seems. His hair is chestnut brown. He appears polite and reserved, nothing like the imposing, often divisive figure we see today. He is not even the biggest voice in the room.It was the rather surreal day in winter 1991 when Donald Trump — the man bidding to win a second term as U.S. president in a week’s time — was the special guest on the UK football TV show Saint & Greavsie.He was there to help with the draw for the League Cup, England’s secondary domestic knockout tournament, and a three-minute…
Britain’s Chancellor of the Exchequer Rachel Reeves poses with the red budget box outside her office on Downing Street in London, Britain October 30, 2024. Maja Smiejkowska | ReutersLONDON — U.K. borrowing costs on Wednesday touched their highest level since Labour took office, after Finance Minister Rachel Reeves unveiled a vast package of tax hikes in her first budget.The yield on 10-year U.K. government bonds spiked as much as 7 basis points in the hours following Reeves’ announcements from 12:30 p.m., marking its highest level since she entered the post at the start of July. The yield had cooled to a…
