|Bid||157.00 x 800|
|Ask||159.00 x 1200|
|Day's Range||156.22 - 163.00|
|52 Week Range||117.72 - 178.95|
|Beta (3Y Monthly)||1.54|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 21, 2019 - Aug 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||183.83|
Wall Street's major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors. Trump said late on Thursday that he saw a resolution to the trade war with China "happening fast." He added that Chinese telecom equipment company Huawei Technologies Co Ltd, which the White House has blacklisted, could also be included in a trade deal.
Stocks rose Friday on low trading volume, as investors took a momentary respite from worries about the U.S.-China trade war, which have dragged down major indexes this week.
U.S. stocks gained on Friday, ahead of a long Memorial day weekend, after U.S. President Donald Trump predicted a swift end to the ongoing trade war with China. The S&P 500 index is on pace to end the week 1% lower, which would make it the third straight week of losses for the benchmark index, as markets worried that the trade war would result in a global economic slowdown.
Autodesk’s CEO says he sees no softening of end-market demand, but one analyst expresses concern after similar softness at competitors.
Check out the companies making headlines midday Friday:Foot Locker FL — Shares of Foot Locker were down 16% after the shoe retailer reported adjusted quarterly earnings per share that were 7 cents below expectations.
U.S. stocks gained on Friday, ahead of a long Memorial day weekend, as investors breathed a sigh of relief after President Donald Trump indicated that the protracted trade war with China could end soon. Trump said on Thursday that Huawei Technologies Co Ltd could be included in the trade deal. The S&P 500 index is on pace to end the week 1% lower, which would make it the third straight week of losses for the benchmark index, as markets worried that the trade war would result in a global economic slowdown.
U.S. stocks posted broad-based gains on Friday, ahead of a long weekend, as sentiment was buoyed by optimistic comments by President Donald Trump that the protracted trade war with China could soon end. Trump said on Thursday that Huawei Technologies Co Ltd could be included in the trade deal.
U.S. stocks were set to open modestly higher on Friday after a sell-off, on cautious optimism after President Donald Trump predicted a swift end to the tariff war with China and a resolution to complaints against Huawei Technologies Co Ltd. Trump said on Thursday that Huawei could be included in the U.S.-China trade deal. Trump will meet his Chinese counterpart Xi Jinping at the G20 meeting next month in Japan.
Autodesk's (ADSK) first-quarter fiscal 2020 results benefit from higher subscription revenues, gross margin expansion and lower operating expenses.
The athletic footwear and apparel retailer reported adjusted quarterly profit of $1.53 per share, missing estimates by 7 cents a share. Revenue also came in below forecasts, and a comparable-store sales increase of 4.6% was below the 5.1% estimate of analysts surveyed by Refinitiv. Hibbett Sports HIBB — Hibbett Sports earned an adjusted $1.61 per share for the first quarter, 29 cents a share above estimates.
Semtech's (SMTC) differentiated growth drivers and diversification strategy are likely to drive fiscal first-quarter 2020 results. However, exposure to seasonality and competition remain concerns.
Shares of HP Inc. HPQ rose more than 1% in extended trading after the software company reported second-quarter earnings that beat expectations. The company reported earnings of 53 cents per share on revenue of $14.04 billion, while analysts polled by Refinitiv had expected earnings of 51 cents per share on revenue of $13.97 billion. Shares of HP Enterprise HPE fell nearly 1% after the information technology company reported mixed second-quarter earnings.
Autodesk missed on earnings and revenue for the quarter. Autodesk ADSK shares fell more than 9% in extended trading on Thursday after the company, whose design software is used in the construction and entertainment industries, reported lower-than-expected revenue and profit in the fiscal first quarter. Autodesk's revenue grew 31% in the quarter, the company said .
Investing.com - Autodesk (NASDAQ:ADSK) reported first quarter earnings that matched analysts' expectations on Thursday and revenue that fell short of forecasts.