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Welcome to Read Morning ☕️
Morning Market Snapshot & Top News on Technology, Healthcare, and Energy
William Lemanske
December 04, 2024
Good Morning!
Start your day with a quick market snapshot and the latest public market updates in Technology, Healthcare, and Energy.
📊 Market Snapshot
Index | Close | Change |
|---|---|---|
S&P 500 | 6,049.88 | 0.05% |
NASDAQ | 19,480.91 | 0.40% |
Dow Jones | 44,705.53 | -0.17% |
Fixed Income Yields | Close | Change |
|---|---|---|
2 Year | 4.1260 | 0.05% |
10 Year | 4.2250 | 0.02% |
Crypto & Commodities | Close | Change |
|---|---|---|
BItcoin | 95,840.64 | -0.24% |
Oil | 69.97 | 0.04% |
Gold | 2,668.20 | 0.01% |
💰Earnings
Company Name | Ticker | Market Cap | EPS Estimate | Revenue Estimate | Reporting Time |
|---|
Salesforce Inc | CRM | $315.47B | $2.44 | $9.35B | After Market Close |
Marvell Technology Inc | MRVL | $80.29B | $0.41 | $1.46B | After Market Close |
THE Headlines
🖥️ Technology
Apple Inc. (AAPL): Shares closed at $242.65, up 1.27%. The company is reportedly advancing in artificial intelligence by developing methods to run large language models directly on devices with limited memory, potentially transforming AI infrastructure.
Tesla Inc. (TSLA): Shares fell 1.59% to $351.42. A Delaware court upheld CEO Elon Musk's $56 billion pay package, rejecting claims of excessive compensation.
🧬 Healthcare
Johnson & Johnson (JNJ): Shares declined 1.61% to $152.36. The company is facing challenges due to increased competition in the pharmaceutical sector.
Merck & Co. Inc. (MRK): Shares rose 1.20% to $101.85. The company announced positive results from its latest clinical trials, boosting investor confidence.
⚡ Energy
Exxon Mobil Corp. (XOM): Shares dipped 0.16% to $117.67. The company is navigating fluctuating oil prices amid global economic uncertainties.
BP plc (BP): Shares increased 1.59% to $29.45. The company is expanding its renewable energy portfolio, aligning with global sustainability trends.
Thank you for reading!
Stay ahead with the latest insights. Visit us at ReadMorning.com
See you tomorrow,
The Read Morning Team
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