Home NewsStock Market News US Stocks Key News Summary December 09, 2022 | Anue Juheng – US Stocks

US Stocks Key News Summary December 09, 2022 | Anue Juheng – US Stocks

by WOOWinvest
0 comment
US Stocks Key News Summary December 09, 2022 | Anue Juheng – US Stocks

Today’s Trading Outlook

US stock earnings (after hours): Costco (COST), Broadcom (AVGO), Lululemon (LULU)

China November PPI, CPI

U.S. Core PPI in November, Michigan Consumer Confidence Index in December

US FTC files antitrust lawsuit to block Microsoft’s acquisition of Activision Blizzard

The U.S. Federal Trade Commission (FTC) voted on Thursday (8th) to file an antitrust lawsuit against Microsoft to prevent Microsoft from acquiring gaming giant Activision Blizzard (ATVI-US). The FTC, which is negotiating the acquisition, has planned to fight the legal battle. Read more…

Costco’s Q1 falls short of expectations and e-commerce sales decline, announcing 24 global exhibition stores this year

The U.S. membership retailer Costco’s last-quarter financial report fell short of analysts’ expectations, reflecting the impact of high inflation forcing consumers to cut back on spending and leading to a jump in operating costs. The stock price fell more than 100% after hours on Thursday (8th). 1%. Read more…

Broadcom’s financial forecast for this quarter is excellent, and the cash dividend is increased by 12%, after the market, it rises by more than 3%

Netcom chip giant Broadcom (Broadcom) closed on Thursday (8th) and announced its financial report for the last quarter. Except for the slightly inferior software sales revenue, its profit and financial forecast for the current quarter were both better than market expectations. It also announced an increase in cash dividends to encourage Shares rose more than 3% after hours. Read more…

Lululemon’s Q3 inventory surged, Q4 financial forecast was weak, but the full-year outlook was revised up and still fell more than 7% after the market

Lululemon, a major yoga and high-priced sportswear manufacturer, announced its third-quarter financial report after the close on Thursday (8th). fell more than 7%. Read more…

You may also like

Leave a Comment

Our Mission is to help you make better trading decisions by providing actionable investing content, comprehensive tools, educational resources and assist you in making more money in the stock market.

Latest News


Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@2022 – All Right Reserved. Designed and Developed by WOOW Invest

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy