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US Stocks Mixed Friday as Dow Sets Record Behind AmEx While Intel, Snap Hurt Nasdaq
4:59PM ET 10/22/2021 MT Newswires

US stocks closed mixed Friday, stalling late in the session after a relentless grind to new records over recent days. The Dow Jones Industrial Average...

ServiceNow Expected to Report 'Solid' Third-Quarter Results Despite Softer-Than-Anticipated Federal Business Trends, Oppenheimer Says
3:49PM ET 10/22/2021 MT Newswires

ServiceNow (NOW) is expected to post "solid" third-quarter results against "reasonable" estimates next week on the back of a strong enterprise spending...

Intel's Future Higher Spending to Bring Back Manufacturing 'Supremacy' Will Negatively Impact Earnings, Wedbush Says
3:29PM ET 10/22/2021 MT Newswires

Intel's (INTC) higher spending over the next few years to bring back manufacturing "supremacy" will "weigh heavily" on its per-share earnings based on the...

US Oil Rig Count Falls by Two This Week, Baker Hughes Says
2:38PM ET 10/22/2021 MT Newswires

The number of oil rigs operating in the US fell by two this week, according to data compiled by energy-services firm Baker Hughes (BKR). The count ended at...

23andMe to Acquire Telemedicine Platform Lemonaid Health to Expand Consumer Business
2:17PM ET 10/22/2021 MT Newswires

23andMe (ME) said Friday it has agreed to acquire telemedicine platform Lemonaid Health for $400 million in cash and stock to expand its consumer business...

Private Sector Growth Accelerates Faster Than Expected as Service Sector Reaches Three-Month High
1:56PM ET 10/22/2021 MT Newswires

US private sector growth accelerated in October at the fastest pace in three months as the strength in services helped offset manufacturing weakness...

VF Reaffirms Fiscal 2022 Guidance Despite Second-Quarter Miss Amid Supply Chain Disruptions
1:36PM ET 10/22/2021 MT Newswires

VF (VFC) on Friday reaffirmed its guidance for its fiscal year 2022 despite missing fiscal second-quarter Street estimates as the apparel and footwear...

Equities Mixed Midday as Social Media Slump Weighs on Nasdaq, Fed 'on Track' to Begin Asset Purchase Tapering
1:07PM ET 10/22/2021 MT Newswires

Stocks were mixed in choppy midday trading on Friday after a decline in social-media companies' shares pulled Nasdaq lower, and Federal Reserve chief...

Schlumberger Misses Third-Quarter Revenue Views Ahead of 'Exceptional' Spending Growth Cycle
12:02PM ET 10/22/2021 MT Newswires

Schlumberger's (SLB) third-quarter results rose from last year but missed analysts' expectations on revenue while the oilfield services company sees an...

HCA Healthcare Lifts Full-Year Outlook After Third Quarter Beats Street Expectations Amid Delta Variant Surge
11:44AM ET 10/22/2021 MT Newswires

HCA Healthcare (HCA) increased its full-year outlook after exceeding Wall Street's expectations for the third-quarter on Friday amid the surge of the delta...

Market Update

Close Update: US Stocks Mixed Friday as Dow Sets Record Amid AmEx Gain While Intel, Snap Hurt Nasdaq
4:56PM ET 10/22/2021 MT Newswires
US stocks closed mixed Friday, stalling late in the session after a relentless grind to new records over recent days. The Dow Jones Industrial Average still closed at an all-time high, rising 0.2% to 35,677... Read more