Occidental Petroleum (OXY) Declines More Than Market: Some Information for Investors
ZACKS· 2025-09-17 22:50
In the latest trading session, Occidental Petroleum (OXY) closed at $47.19, marking a -1.19% move from the previous day. This change lagged the S&P 500's daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.57%, and the technology-centric Nasdaq decreased by 0.33%. Shares of the oil and gas exploration and production company have appreciated by 8.64% over the course of the past month, outperforming the Oils-Energy sector's gain of 3.89%, and the S&P 500's gain of 2.57%.Market participants w ...
Procter & Gamble (PG) Rises As Market Takes a Dip: Key Facts
ZACKS· 2025-09-17 22:50
Procter & Gamble (PG) closed at $160.33 in the latest trading session, marking a +1.44% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.1%. Meanwhile, the Dow gained 0.57%, and the Nasdaq, a tech-heavy index, lost 0.33%. The world's largest consumer products maker's stock has dropped by 0.22% in the past month, exceeding the Consumer Staples sector's loss of 2.31% and lagging the S&P 500's gain of 2.57%.The investment community will be paying close attention to the ea ...
Kinder Morgan (KMI) Ascends While Market Falls: Some Facts to Note
ZACKS· 2025-09-17 22:50
In the latest close session, Kinder Morgan (KMI) was up +1.32% at $27.57. This change outpaced the S&P 500's 0.1% loss on the day. Meanwhile, the Dow gained 0.57%, and the Nasdaq, a tech-heavy index, lost 0.33%. Shares of the oil and natural gas pipeline and storage company have appreciated by 3.07% over the course of the past month, underperforming the Oils-Energy sector's gain of 3.89%, and outperforming the S&P 500's gain of 2.57%.Analysts and investors alike will be keeping a close eye on the performanc ...
Wall Street hates the Fed’s rate cut for crypto: ‘Short-lived..'
Yahoo Finance· 2025-09-17 22:50
The U.S. Federal Reserve cut its benchmark interest rate by 25 basis points on Sept. 17, lowering the federal funds rate to a new range of 4.00% to 4.25% — its first reduction in nine months. The move, backed by 11 of 12 voting members, came amid weaker labor market data, slower consumer spending, and an uptick in unemployment. Markets had fully priced in the cut. Prediction markets on Polymarket showed a 93% probability ahead of the decision, leaving little surprise for traders. Related: What are yield ...
Why the Market Dipped But Take-Two Interactive (TTWO) Gained Today
ZACKS· 2025-09-17 22:50
Take-Two Interactive (TTWO) closed at $250.52 in the latest trading session, marking a +1.13% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.1%. At the same time, the Dow added 0.57%, and the tech-heavy Nasdaq lost 0.33%. The publisher of "Grand Theft Auto" and other video games's shares have seen an increase of 8.48% over the last month, surpassing the Consumer Discretionary sector's gain of 1.05% and the S&P 500's gain of 2.57%.The investment community will be payi ...
QuickLogic (QUIK) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2025-09-17 22:50
QuickLogic (QUIK) closed the most recent trading day at $5.53, moving -5.47% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.1%. Elsewhere, the Dow saw an upswing of 0.57%, while the tech-heavy Nasdaq depreciated by 0.33%. Heading into today, shares of the maker of chips for mobile and portable electronics manufacturers had gained 4.09% over the past month, lagging the Computer and Technology sector's gain of 5.94% and outpacing the S&P 500's gain of 2.57% ...
Disney to Pull Jimmy Kimmel's Show After Kirk Remarks
WSJ· 2025-09-17 22:49
Disney said it is pulling ABC late-night host Jimmy Kimmel's show in the wake of remarks he made about the killing of conservative activist Charlie Kirk. ...
ABC pulls 'Jimmy Kimmel Live' off air 'indefintely' over Charlie Kirk comments
CNBC· 2025-09-17 22:49
On Tuesday, May 13, 2025 at North Javits in New York City, an incredible roster of all-star talent will tout their connections to storytelling, Disney, and each other while showcasing their latest projects for the upcoming year.ABC on Wednesday night pulled the "Jimmy Kimmel Live!" late-night show off the air "indefinitely" after controversial comments by its host about the slain conservative activist Charlie Kirk, and hours after the head of the Federal Communications Commission suggested ABC's broadcast l ...
Visa (V) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2025-09-17 22:46
Visa (V) closed the most recent trading day at $346.20, moving +1.81% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 0.1% for the day. Elsewhere, the Dow saw an upswing of 0.57%, while the tech-heavy Nasdaq depreciated by 0.33%. Shares of the global payments processor witnessed a loss of 0.71% over the previous month, trailing the performance of the Business Services sector with its gain of 1.53%, and the S&P 500's gain of 2.57%.Analysts and investors alike wil ...
Why the Market Dipped But Verizon Communications (VZ) Gained Today
ZACKS· 2025-09-17 22:46
Company Performance - Verizon Communications closed at $44.21, marking a +1.07% change from the prior day, outperforming the S&P 500's daily loss of 0.1% [1] - The upcoming earnings per share (EPS) is projected at $1.2, indicating a 0.84% increase year-over-year, with revenue expected to be $34.05 billion, reflecting a 2.15% increase compared to the same quarter last year [2] - Full-year Zacks Consensus Estimates predict earnings of $4.7 per share and revenue of $138.17 billion, representing year-over-year changes of +2.4% and +2.51% respectively [3] Analyst Forecasts - Recent revisions to analyst forecasts for Verizon are crucial as they indicate changing business trends, with upward revisions suggesting analysts' optimism about the company's profitability [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Verizon at 3 (Hold), indicating a neutral outlook [6] Valuation Metrics - Verizon is trading with a Forward P/E ratio of 9.3, which is a discount compared to the industry average Forward P/E of 21.29 [7] - The PEG ratio for Verizon is 3.37, aligning with the industry average, which also reflects the company's expected earnings growth trajectory [7] Industry Context - The Wireless National industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 171, placing it in the bottom 31% of over 250 industries [8]