"The only real government news we have today is an unemployment report from the Department of Labor, which says first-time filings for unemployment benefits for the week ended November 22 were only 216,000. That's 6,000 fewer than last week, and a smaller number than the 225,000 claims that economists predicted. It's also, according to CNBC, the smallest number of new unemployment benefit claims seen since April 12."
"Last night, S&P 500 component company Autodesk ( Nasdaq: ADSK) beat forecasts by 17 cents, reporting $2.67 per share in Q3 earnings and revenue of $1.85 billion - also ahead of consensus. Autodesk guided investors to expect between $10.18 and $10.25 in full-year fiscal 2026 profit, and sales of about $7.5 billion, both well ahead of analyst forecasts. Autodesk stock is up nearly 8% premarket."
"NetApp ( Nasdaq: NTAP) - also an S&P 500 component - beat by 16 cents last night. NetApp earned $2,05 per share for fiscal Q2 2206 on sales of $1.7 billion, barely edging out the sales forecast. Guidance is for $7.75 to $8.05 in full-year profit, which is more than expected, but sales of about $6.7 billion - which would be less. NetApp stock is up nearly 5%."
VOO has recovered with back-to-back gains and was up 0.3% premarket entering the final trading day before Thanksgiving. Initial claims for unemployment benefits for the week ending November 22 totaled 216,000, 6,000 fewer than the prior week and below the 225,000 economists expected, marking the smallest weekly total since April 12. Autodesk beat Q3 forecasts with $2.67 EPS and $1.85 billion revenue and raised full-year fiscal 2026 profit and sales guidance, lifting the stock. NetApp beat on EPS, provided mixed full-year sales guidance, and rallied. Dell beat EPS and issued strong fiscal Q4 revenue guidance.
Read at 24/7 Wall St.
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