Biggest S&P 500 Movers on Thursday

Advancers

• ServiceNow shares (NOW) jumped 15.5%, notching the top performance in the S&P 500, after the cloud-based enterprise software firm topped sales and profit forecasts 澳洲幸运5官方开奖结果体彩网:with its first-quarter results. ServiceNow indicated that tariffs, trade negotiations, and government efficiency efforts represent an opportunity, rather than a headwind, for its products designed to help organizations automate and modernize their processes. 

• Hasbro (HAS) reported 澳洲幸运5官方开奖结果体彩网:better-than-expected sale𝕴s and profits for the first quarter, and shares of the toymaker surged 14.6%. The home to brands like Nerf and Play-Doh also maintained its full-year guidance, despite uncertainties about the potential impact of tariffs. In addition, Hasbro announced an extension of its licensing deal with Disney (DIS), meaning the company will continue producing toys for the entertainment giant's popular franchises such as Marvel and Star Wars.
• Semiconductor manufacturer Microchip Technology (MCHP) unveiled a new power module designed to improve power management for data centers and industrial automation processes. Microchip's new product aims to boost efficiency and minimize power loss with a compact solution that requires less board space. Microchip shares advanced 12.4% on Thursday. 

Decliners

• Shares of financial technology firm Fiserv (FI) plunged 18.5%, suffering the steepest drop of any S&P 500 constituent, following a mixed quarterly earnings report. Although profits topped expectations, revenue fell short of forecasts, reflecting slower growth in the company's Clover point-of-sale business and lower payment processing activity in its merchant solutions segment. Fiserv also announced an agreement to acquire Brazilian fintech firm Money Money, aiming to supplement Clover's operations by providing financing to small businesses in the country.
• Auto parts provider LKQ (LKQ) also missed quarterly sales estimates, and its shares skidded 11.6%. Adjusted earnings per share (EPS) were down year-over-year, and LKQ reported negative free cash flow (FCF) during the period. Although the company left its guidance unchanged, it is monitoring possible tariff impacts, indicating that it formed a dedicated task force to evaluate potential challenges and opportunities related to the shifting global trade environment.
• Although International Business Machines (IBM) posted better-than-expected quarterly sales and profits, the tech giant's top executive warned that 澳洲幸运5官方开奖结果体彩网:customers could rein in th꧋eir spending as they navigate economic uncertainty and transformations in government policy. IBM shares sank 6.6% on Thursday.

-澳洲幸运5官方开奖结果体彩网:Michael Bromberg

Major Indexes on Track for Winning Week

With three straight days of big gains unde🍸r their belt, major U.S. stock indexes are on track to post weekly gains for the second time in the last three weeks.

Through Thursday's close, the Dow has gained 2.4% so far this week, while the S&P 500 and Nasdaq Composite have added 3.8% and 5.4%, respectively. Though sizable, this week's gains are still lower than those recorded the week before last.

﷽ The indexes are still in the red for the month, though the Nasdaq is just barely so.

Intel Tumbles in After-Hours Trading as Forecast Disappoints

Intel (INTC) issued a quarterly outlook that fell short of analysts’ expectations, sending shares lower in extended trading Thurs𝔉day.

The chipmaker projected second-quarter revenue of $11.2 billion to $12.4 billion, well below the analyst consensus compiled by Visible Alpha. Intel's projection of breakeven adjusted earnings per share also trailed analysts' forecasts.

Shares of Intel were down about 5% in after-hours trading after climbing more than 4% in Thursday's regular session. The stock was up about 7% for 2025 through Thursday’s close.

Intel reported first-quarter revenue of $12.67 billion, down less than 1% year-over-year and above the analyst consensus. Adjusted net income of $580 million, or 13 cents per share, compared to $759 million, or 18 cents per share, a year earlier, also topping Wall Street’s estimates. Intel's foundry division, which makes chips for other companies, delivered revenue of $4.7 billion, beating projections.

“The first quarter was a step in the right direction, but there are no quick fixes as we work to get back on a path to gaining market share and driving sustainable growth,” said CEO Lip-Bu Tan, who took over the company in March. Tan added that he is "taking swift actions to drive better execution and operational efficiency."

The results follow a report this week that Intel plans to cut 澳洲幸运5官方开奖结果体彩网:more than 20% of its workforce, as part of a🌄 bid to streamline its operations

-澳洲幸运5官方开奖结果体彩网:Andrew Kessel

Alphabet Jumps in Extended Trading on Strong Earnings

Google parent Alphabet (GOOGL) reported first-quarter revenue and prof♕it that exceeded analysts’ expectations, sendi✅ng shares higher in extended trading Thursday.

The tech titan reported revenue of $90.23 billion, up 12% year-over-year and above the analyst consensus from Visible Alpha. Net income of $34.54 billion, or $2.81 per share, compared to $23.66 🐷billion, or $1.89 per share, a year earlier, also topping Wall Street’s estimates. Google Cloud revenue rose 28% to $12.3 billion, while Search & Other segment revenue grew 10% to $50.7 billion.

CEO Sundar Pichai said Search growth was driven by "engagement we’re seeing with features like AI Overviews, which now has 1.5 billion users per month."

The company also raised its quarterly dividend by 5% to 21 cents, and announced an additional $70 billion in 澳洲幸运5官方开奖结果体彩网:stock buybacks.

Alphabet shares were up nearly 5% in re⛎cent after-hours trading. The stock was down about 16% for 2025 through Thursday’s close.

-澳洲幸运5官方开奖结果体彩网:Andrew Kessel

Airlines Hit by a 'Very Rapid' Drop in Domestic Demand

The skies aren't looking so friendly these days.

Southwest, American and Alaska were the latest aiಌrlines to express c☂aution about the rest of the year, pulling their outlooks for 2025 and beyond amid flagging demand for domestic flights.

Southwest Airlines (LUV) CEO Bob Jordan said Thursday the drop-off in business detecteꦆd in Feb💃ruary was one the most pronounced he has seen. “That is a very rapid fall-off," he said on CNBC. "It’s probably the most that I have seen absent COVID."

The carrier believes economic unease, rather than Southwest's plans to 澳洲幸运5官方开奖结果体彩网:charge baggage fees or assign customers seats, has weighed on saleꦓs, Jordan said.

“A lot of that is, I think, the consumer reaction to the tariffs," he said on CNBC: "Some of that could be front-running the tariffs in terms of spending money in🐼 other locations. So it could snap back.”

American and Alaska also adjusted their outlooks, joining other carriers—including United (UAL) and Delta (DAL)—in making similar adjustments. (United recently 澳洲幸运5官方开奖结果体彩网:offered "bimodal" guidance that accounted for the possibility of a recession, while Delta 澳洲幸运5官方开奖结果体彩网:declined to affirm its projections for the year ahead.)

Southwest on Wednesday 澳洲幸运5官方开奖结果体彩网:pulled its annual targets for 2025 and 2026 and announced plans to "proactively" r🎃educe capacity. Domestic travel is a bigger part of Southwest’s business than its competitors, it said in a press release.

American (AAL) 澳洲幸༺运5官方开奖结果体彩网:also withdrew its full-year gui𒆙dance on Thursday. The company cited weak domestic sales, particularly in the main cabin and from third-party online travel sites—often used to comparison-shop—on an earnings 🍌conference call Thursday. (Executives estimate a fatal crash in January was responsible for $200 million of the $473 million loss last quarter, but they no longer anticipate it affecting sales.)

Those are “our most price-sensitive customers,” Chief Strategy Officer Stephen Johnson said, according to a transcript made available by AlphaSense. “We’d like to think that’s demand that’s not been lost, but demand that’s 澳洲幸运5官方开奖结果体彩网:on the sidelines waiting to🎃 unde🐎rstand which direction the economy is going.” 

Delta CEO Ed Bastian in early April said Americans were 澳洲幸运5官方开奖结果体𝓰彩网:behaving as if they were in a recession. Although cheaper seats have gone unfilled, premium and international tickets 澳洲幸运5官方开奖结果体彩网:bought more often by the well-off have continued to 澳洲幸运5官方开奖结果体彩网:sell well, Delta, United and other carriers have said.

-澳洲幸运5官方开奖结果体彩网:Sarina Trangle

Pepsi Slides as Profit Outlook Cut Over Tariffs

PepsiCo (PEP) shares tumbled Thursday after th🔯e beverage and snack food giant lowered its full-year earnings outlook because of tariffs.

The company reported core, or adjusted, 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $1.48 on sales of $17.92 billion. Analysts surveyed by Visible Alpha had expected $1.50 and $17.79 billion, respectively.

The company said it now expects core constant currency EPS to be roughly flat year-over-year, down from its previous outlook of a mid-single-digit increase. PepsiCo cited "expected higher supply chain costs related to tariffs, elevated macroeconomic volatility, and a subdued consumer backdrop" as reasons for the outlook cut.

"As we look ahead, we expect more volatility and uncertainty, particularly related to global trade developments, which we expect will increase our supply chain costs," PepsiCo CEO Ramon Laguarta said. "At the same time, consumer conditions in many markets remain subdued and similarly have an uncertain outlook."

On Tuesday, the Department of Health and Human Services and Food and Drug Administration said that they plan to phase out a number of food dyes. Some of the dyes are used in popular snack foods like Frito-Lay's Cheetos products, making the change likely to impact PepsiCo's manufacturing process and sales once the new rules are in effect.

PepsiCo shares were down 5% in late trading. The stock has lost 11% since the start of t😼he year, outpacing the decline of the S&P 500 so far in 2025.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Comcast Drops as Broadband, Cable Subs Decline

Comcast (CMCSA) shares fell Thursday as a continued declinജe in broad🎶band and cable users offset stronger-than-expected quarterly earnings and a jump in Peacock subscribers.

The media company posted first-quarter adjusted澳洲幸运5官方开奖结果体彩网: earnings per share (EPS) of $1.09 on revenue of $29.89 billion, compared to adjusted EPS of $1.04 on revenue of $30.06 billion a year ago. Analysts polled by Visible Alpha had projected $0.99 and𒁃 $29.8 billion, respectively.

Comcast said it lost 199,000 U.S. broadband subscribers from a year earlier, as well as 427,000 video customers, as more cable TV consumers left. The Los Angeles fires earlier in the year also weighed on attendance at its theme parks, with revenue d✃own 5.2%. 

“Theme Parks remain on an incredible growth trajectory,” Comcast CEO Brian L. Roberts said, however, adding that the company is opening its Epic Universe theme park🦹 in Orlando next month and plans to build one in the U.K.

Comcast’s Peacock streaming service and mobile service business, Xfinity Mobile, added customers. Peacock subscribers rose over 20% to 41 million subscribers, wh𒅌ile Comcast said it added 323,000 domestic wireless lines from a year ago.  

Comcast shares were d🎃own more than 3% in late tradingꦚ, pushing their year-to-date decline to about 11%.

-澳洲幸运5官方开奖结果体彩网:Nisha Gopalan

American Airlines Joins Rivals in Withdrawing Outlook

American Airlines (AAL) on Thursday became the latest big U.S. carrier to pull its🦂 2025 outlook amid economic uncertainty🍸.

The Fort Worth, Texas-based carrier joined rivals 澳洲幸运5官方开奖结果体彩网:Delta Air Lines (DAL) and 澳洲幸运5官方开奖结果体彩网:Southwest Airlines (LUV) in withdrawing its 2025 projections, saying it "intends to provide a full-year update as the economic outlook becomes clearer." It did provide a current-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) proje💃ction of between $0.50 and $1, mostly below the Visible Alpha consens𒅌us of $0.95.

For the first quarter, American posted an adjusted loss of $0.59 per share on operating revenue of $12.55 billion. Analysts polled by Visible Alpha had expected an adjusted loss of $0.69 per share on revenue of $12.53 billion.

Last month, American announced it was widening its Q1 adjusted loss forecast to $0.60 to $0.80 per share from $0.20 to $0.40, and lowering its revenue outlook to flat from up about 3% to 5% from the $12.57 billion recorded in Q1 2024. The company attributed the lower forecast "due to the impact of 澳洲幸运5官方开奖结果体彩网:Flight 5342 and꧙ soft𓆏ness in the domestic leisure segment."

American Airlines shares were up 2.5% in recent trading. They entered the day down mo༒re than 45% in 2025ꦓ.

-澳洲幸运5官方开奖结果体彩网:Aaron Rennie

An Apple Bull Trims Price Target on the Stock

One of Wall Street's Apple bulls pared their optimism on the tech giant's shares today. 

Bank of America analysts on Thursday maintained their "buy" rating on Apple (AAPL) stock, but they also trimmed their price target by $10, lowering it to $240. (That's still above the Street's mean near $234, according to Visible Alpha.) Their reasons: tariff-related costs that could weigh on margins, along with concerns that 澳洲幸运5官方开奖结果体彩网:delayed AI features could dent device demand.

The stock, meanwhile, was ticking higher as broader markets rose. Apple's shares were recently up 1% to around $207. 

Apple is set to join the parade of 澳洲幸运5官方开奖结果体彩网:Magnificent Seven tech companies to re♋port earnings, with its results due next Thursday after the closing bell. Bank of America expects some tariff-driven "pull forward" to have helped lift sales during the most recent quarter, but they're cutting longer-term sales estimates "to adjust for higher costs of navigating a more complex supply chain and for delays in launching an AI enabl🐠ed Siri."

Apple's shares are down about 17% so far this year, underperforming the benchmark 澳洲幸运5官方开奖结果体彩网:S&P 500. Research firm Vanda earlier this week noted recent net selling of Apple by retail investors even as net buying continued elsewhere—such as shares of Tesla (TSLA) and Nvidia (NVDA). 

"Individuals continue to give off capitulation-lite signals, but a full-blown unwind remains moderately far on the horizon," Vanda wrote in a Wednesday note. 

-澳洲幸运5官方开奖结果体彩网:David Marino-Nachison

What Analysts Think of Alphabet Stock Ahead of Earnings

Google parent Alphabet (GOOGL) is slated to report first-quarter results after the market closes Thursday, with analysts largely bullish on the tech giant's ability to weather 澳洲幸运5官方开奖结果体彩网:economic uncertainty.

Citi anal🤪ysts said recently they expect Google Search would be💖 “among the last platforms to experience macro impacts and among the first to recover.”

 Citi also highli༒ghted its potential for growth from the adoption of artificial intelligence tools like Google’s AI Mode in Search, as well as the latest iteration of the company’s Gemini large language mod😼el. 

Morgan Stanley also cited “AI-driven platform-level innovation” on Search and YouTube as a reason for “confidence in the durability of long term growth.” Citi and Morgan ꦺStanley gave Alphabet price targets of $195 and $185, respectively. 

Of the 19 analysts covering Alphabet tracked by Visible Alpha, 14 have “buy” or equivalent ratings for the stock, with the rest issuing “hold” rating🐓s. Their consensus price target near $194.

Shares 𝄹of Alphabet were up 2% at around $161 in early-af𒈔ternoon trading Thursday. The stock has fallen about 16% since the start of 2025.

During the company's earnings call, Alphabet could face questions from analysts about a 澳洲幸运5官方开奖结果体彩网:U.S. District Court ruling t🦹hat Google has illegally maintained monopolies in the online advertising industry. Citi analysts said they “wouldn’t be surprised to se๊e Google ultimately spin off its ad network,” as a result of the ruling, but that Google’s core businesses would likely not be as impacted.4

Alphabet is expected to report fiscal first-quarter revenue of $89.16 billion, up about 11% year-over-year, and net income of $24.68 billion, or $2 per share, up from $23.66 billion, or $1.89 per share, a year ago.

-澳洲幸运5官方开奖结果体彩网:Andrew Kessel

Hasbro Jumps on Strong Earnings, Disney Licensing Extension

Hasbro (HAS) shares surged Thursday after the toy maker posted better-than-expected results for the first quarter and agreed to extend a licensing deal with Disney (DIS).

The toy and board game giant reported adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $1.04 on revenue that jumped 17% year-over-year to $887.1 million, topping analysts' estimates compiled by Visible Alpha.

CEO Chris Cocks said the company's new "Playing to Win" strategy that it 澳洲幸运5官方开奖结果体彩网:unveiled last quarter, with plans to generate consistent revenue growth through 2027, is "delivering in a challeꦯnging environment" so far this year.

"Given the uncertainty of the current tariff environment," Hasbro said it is not yet changing the full-year forecasts it announced in February. At the time, Hasbro said it expected "slight" revenue growth in 2025, with adjusted EBITDA&🐓nbsp;forecast between $1.1ꦿ billion and $1.15 billion.

Separately Thursday, Hasbro said it agreed to extend its long-running licensing deal with Disney, allowing the toy compꦆany to continue making toys and games tied to Disney franchises like Marvel and Star Wars.

Hasbro shares were up 16% in recent trading, putting the stock back into positive territory for 202𝐆5.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Intel's New CEO Makes His Earnings Debut Today

Lip-Bu Tan, the microphone is yours. 

Tan, 澳洲幸运5官方开奖结果体彩网:named CEO of chipmaker Intel (INTC) in mid-March, hasn’t been invisible since his appointment. He gave the keynote address at a company event later that month, coming onstage in sneakers and a suit, sans ne🌄cktie, and admitting i🔴n a speech that “there are areas we have fallen short of your expectations.”

Still, this afternoon will bring the first quarterly earnings report and conference call under his leadership. Investors—who bid the stock up after he was named, but have seen the shares give up most of those gains—are eager to learn what might be next. (澳洲幸运5官方开奖结果体彩网:A rough 2024 for the company and its stock contributed to 澳洲幸运5官方开奖结果体彩网:the December retirement of the former chief, Pat Gelsinger.)

That will put the focus on Tan's next steps. Investors have been broadly excited about the possibility of deals for Intel—a while ago, there were even rumblings regarding a possible sale 澳洲幸运5官方开奖结果体彩网:of the company itself—but there 🦂has been comparatively little smoke on t﷽hat front in recent weeks.

Still, there has been news to digest. The company recently said it would 澳洲幸运5官方开奖结果体彩网:sell a 51% stake in its Altera programmable chips unit to tech-focused private equity firm Silver Lake. And reports have described a possible 澳洲幸运5官方开奖结果体彩网:chipmaking joint venture with Taiwan Semiconductor Manufacturing Co. (TSM), though ꦺTSMC threw some cold water on the idea last week.

"TSMC is not engaged in any discussion with other companies regarding any joint venture, technology licensing or technology transfer and sharing," CEO C.C. Wei said on a conference call, a transcript of which was made available by AlphaSense.

For the most recently completed quarter, Wall Street analysts expect Intel to report revenue of $12.3 billion and adjusted net income of $41.6 million, according to the mean com🧔piled by Visible Alpha.

Wall Street may re-rate the stock after today’s report, but for now the watchword seems to be caution. All the analysts following the company and tracked by Visible Alpha have neutral ratings, though their mean target just under $23 represents a roughly 10% premium to Wednesday's close at $20.59. The stock was up about 3% in recent trading ahead of the report.

-澳洲幸运5官方开奖结果体彩网:David Marino-Nachison

IBM Warns Economic Conditions May Slow Spending

IBM (IBM) shares🏅 slumped Thursda🥃y, a day after the tech giant's chief executive warned macroeconomic conditions and government policies could cause customers to pull back spending.

In prepared remarks accompanying first-quarter results released late Wednesday, CEO Arvind Krishna said that "in the near term, uncertainty may cause clients to pause and take a wait-and-see approach."

Krishna said that in conversations with clients about the current economic environment, he found some expected growth ahead, but for those "with a more direct impact from current policy, the slowdown may be more pronounced." Krishna added that "consulting is also more susceptible to discretionary pullbacks and DOGE related initiatives," referring to the Department of Government Efficiency moves to cut government spending.

The comments offset a strong quarterly report. IBM posted an adjusted profit of $1.60 per sh꧟are, $0.20 more than the average of analysts surveyed by Visible Alpha. Revenue rose 0.5% year-over-year to $14.54 billion, also ahead of forecasts.

The performance was driven by software sales, which increased 7% toꦉ $6.34 billion. However, sales declined more than 2% to $5.07 billion at its consulting unit, and fell 6% to $2.89 billion at the infrastructure division.

IBM affirmed its full-year constant currency revenue forecast of at least 5% growth, with Krishna noting that the firm has "not seen a material change in client buying behavior." It also predicted current-quarter revenue would be in the range of $16.40 billion and $16.75 billion, ahead of Visible Alpha estimates. 

IBM shares were down 6% recenetly, trimming the stock's year-to-date decline to about 5%.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

P&G Lowers Full-Year Sales, Profit Projections

Shares of Procter & Gamble (PG) fell Thursday mornin𝔍g after the consumer goods giant's fiscal third-quarter sales came in below analyꦿsts' estimates and it cut its full-year outlook.

The parent of Tide laundry detergent, Bounty paper towels, and dozens of other brands reported core, or adjusted, 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $1.54 on sales of $19.78 billion. Analystsꦡ polled by Visible 🙈Alpha had forecast $1.53 and $20.20 billion, respectively.

Net sales declined in P&G's Beauty, Grooming, Fabric & Home Care, and Baby, Feminine & Family Care segments, while they were flat in the Health Care division.

P&G trimmed its full-year outlook, with sales expected to be "approximately in-line" year-over-year, while core EPS is expected to grow 2% to 4%. 澳洲幸运5官方开奖结果体彩网:Last quarter, the company affirmed its fiscal 2025 guidance of 2% to 4% sales growth and core EPS increasing𒉰 by 6% to a midpoint of $6.98.

"We're making appropriate adjustments to our near-term outlook to reflect underlying market conditions while remaining confident in the longer-term growth prospects for our brands and the markets where we compete," CEO Jon Moeller said.

Shares 🎃of P&G, a Dow component, were down more 4% in recent trading. They entered the day down just over 1% since the start of the year.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Southwest Stock Falls as It Pulls Outlook, Cuts Capacity

Shares of Southwest Airlines (LUV) fell in premarket trading Thursday, a day after the carrier withdrew full-year earnings projectionsꦅ and said it was reducing capacity amid "macroeconomic uncertainty."

The Dallaওs-based airline late Wednesday reported an adjusted loss of $0.13 per share on revenue of $6.43 billion. Analysts polled by Visible Alpha expected an adjusted loss of $0.18 per share on revenue 🎃of $6.39 billion.

Although its Q1 results were stronger than anticipated, the carrier said due to "the current macroeconomic uncertainty, it is difficult to forecast given recent and short-lived booking trends," and that it is withdrawing its 澳洲幸运5官方开奖结果体彩网:earnings before interest and taxe🍰s (EBIT) outlooks for this year and next.

The report comes amid great change for the airline. Last month, Southwest said it would introduce 澳洲幸运5官方开奖结果体彩网:baggage fees and a basic economy ticket option amid pressure from 澳洲幸运5官方开奖结果体彩网:activist investor Elliott Investment Management. It previously 澳洲幸运5官方开奖结果体彩网:announced an end to its famed open seating policy last summer. Many changes are set to go into effect 澳洲幸运5官方开奖结果体彩网:late next month.

"Looking ahead, we are confident in the initiatives we have outlined and the value we expect them to produce. We are committed to executing on these plans while controlling what we can control," CEO Bob Jordan said. "To that end, we are reducing capacity in the second half of this year. These incremental schedule adjustments are in progress, and based on current estimates, we now expect our full year 2025 capacity to be up roughly 1%, year-over-year."

Southw𝓡est Airlines shares, which entered the day down nearly 25% this year, declined 4% ahead of the opening bell.

-澳洲幸运5官方开奖结果体彩网:Aaron Rennie

Watch These ServiceNow Levels as Stock Pops on Earnings

ServiceNow (NOW) shares surged in premarket trading after the enterprise software provider late Wednesday posted better-than-expected quarterly results and issued a subscription revenue&nbsꦏp;outlook that surpassed Wall Stꦰreet expectations.

Through Wednesday’s close, ServiceNow shares had lost nearly a quarter of their value since the start of the year, weighed down in part by concerns that the company’s revenue could take a hit from the Trump administration’s eff♋orts to rein in government spending.

The 澳洲幸运5官方开奖结果体彩网:uncertainty surrounding Trump's plan🔯ꦰs for tariffs is also a concern for businesses, but ServiceNow CFO Gina Mastantuono said she's “very confident" in the company's "ability to navigate these rapidly evolving times,” Barron's  reported. She added that demand signals fr🎃om business leaders remain strong.

Since completing a 澳洲幸运5官方开奖结果体彩网:double top in late January, ServiceNow shares trended lower within a 澳洲幸运5官方开奖结果体彩网:descending channel for several months before breaking out above the pattern’s upper trendline on Wednesday, setting the stage for a bullish trend reversal.

Importantly, the 澳洲幸运5官方开奖结果体彩网:relative strength index (RSI) confirms bullish momentum, though the indicator remains well below 澳洲幸运5官方开奖结果体彩网:overbought levels, gi🔯ving the s🌟tock ample room to climb.

Investors should watch crucial overhead areas on ServiceNow's chart around $900, $1,000, and $1,160, while also eyeing an important support level near $807.

ServiceNow shares were up 9% at $887 in recent premarket traꦿding.

Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

Major Stock Indexes Down Slightly

Futures tied to the Dow Jones🥂 Industrial Average were down 0.5%.

S&P 500 futures slipped 0.3%.

Nasdaq 100 futures were off 0.1%.