In August 2024, P&G shares were attracting a larger group of buyers as investors were preparing for an increase in volatility. The company’s stock has long been known as a “safe harbor” stock based on their stability in changing economies.
Unusual total active option classes on open include: Oracle ( ORCL ), tempus AI Inc Class A ( TEM ), Recursion Pharmaceuticals ( RXRX ), Arm Holdings PLC (ARM), Mosaic ( MOS ), XP Inc (XP), Procter & Gamble ( PG ), Ally Financial (ALLY), Dell Technologies (DELL), and Arista Networks ( ANET ).
Johnson & Johnson (NYSE: JNJ) stock fell 1.5%, weighed by a hefty dip in sales of its blockbuster psoriasis treatment Stelara, even as the pharmaceutical firm posted better-than-expected fourth-quarter adjusted earnings and sales.
Market participants were in full risk-on mode Wednesday as an AI-fueled rally in big tech stocks and a batch of upbeat corporate earnings sent stocks to fresh highs. Tech stocks dominated the list of biggest gainers after President Trump unveiled The Stargate Project,
Netflix stock soars after strong subscriber gains, Oracle teams with OpenAI and SoftBank in a $500 billion AI infrastructure partnership, and Johnson & Johnson falls after mixed guidance.
Shares of Tide and Pampers parent Procter & Gamble rose Wednesday after the consumer goods giant posted fiscal 2025 second-quarter net sales that topped Wall Street estimates.
Barclays analyst Lauren Lieberman maintained a Hold rating on Procter & Gamble (PG – Research Report) today and set a price target of
The Wall Street major averages advanced on Wednesday, with Nasdaq Composite (COMP:IND) in particular getting a big boost from Netflix (NFLX). The streaming giant popped after announcing robust quarterly results.
Earnings season is in full swing as companies report Q4 earnings results. According to Bloomberg Intelligence, analysts estimate S&P 500 earnings to grow 7.5% y/y in Q4, the second-highest pre-season forecast in the past three years.
The Dow Jones Industrial Average rose 111.36 points, or 0.25%, to 44,136.46, the S&P 500 gained 40.88 points, or 0.68%, to 6,090.12 and the Nasdaq Composite gained 252.60 points, or 1.28%, to 20,009.69.
Baystreet.ca - Equities in Toronto managed to hang onto the gains they’d generated throughout the day, as investors nerved themselves about impending tariffs in from south of the border. The TSX ended Wednesday with enough gains to boast about, 29.87 points at 25,311.50.