{"id":71419,"date":"2023-10-11T11:55:28","date_gmt":"2023-10-11T15:55:28","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/nasdaq-100-sees-after-hours-surge-citigroup-and-bank-of-america-set-for-q3-earnings-reports\/"},"modified":"2023-10-11T11:55:30","modified_gmt":"2023-10-11T15:55:30","slug":"nasdaq-100-sees-after-hours-surge-citigroup-and-bank-of-america-set-for-q3-earnings-reports","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=71419","title":{"rendered":"NASDAQ 100 sees after-hours surge, Citigroup and Bank of America set for Q3 earnings reports"},"content":{"rendered":"
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\u00a9 Reuters. <\/span>
\n<\/i>\n<\/div>\n

The NASDAQ 100 After Hours Indicator experienced a slight increase, up by 1.72 to 15,133.24, with an after-hours trading volume of 77,351,054 shares. This comes as several major companies prepare to release their Q3 earnings reports.<\/p>\n

Citigroup <\/span><\/span> (NYSE:) is among the corporations set to release their Q3 earnings report. The bank is forecasting an EPS of $1.24, indicating a substantial increase from the previous year’s EPS. Similarly, Bank of America has seen three upward revisions to its earnings forecast and is now expected to report a Q3 EPS of $0.81.<\/p>\n

In the tech sector, Alphabet (NASDAQ:) saw a minor share price increase to $138.07, while Intel Corporation (NASDAQ:)’s last sale was 104.26% of its target price. Invesco QQQ Trust’s shares also increased by +0.22 to $368.81, marking a significant 45.05% increase from its 52-week low.<\/p>\n

However, not all companies experienced growth. NextEra Energy (NYSE:)’s shares dipped slightly to $51.55.<\/p>\n

In the pharmaceutical sector, Pfizer <\/span><\/span> (NYSE:) reached 74.4% of its target price. Bristol-Myers Squibb Company (NYSE:) is eyeing a target price of $71.<\/p>\n

In other corporate news, Comcast Corporation (NASDAQ:) received a “buy” recommendation while CRH (NYSE:) PLC hit a new 52-week high. American Electric <\/span><\/span> Power Company (NASDAQ:) saw an increase of +0.065, and Trip.com Group Limited is targeting a price of $50.<\/p>\n

With these developments in the market, investors will be closely watching the upcoming earnings reports and their potential impacts on share prices.<\/p>\n

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.<\/em><\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. The NASDAQ 100 After Hours Indicator experienced a slight increase, up by 1.72 to 15,133.24, with an after-hours trading volume of 77,351,054 shares. This comes as several major companies prepare to release their Q3 earnings reports. Citigroup (NYSE:) is among the corporations set to release their Q3 earnings report. The bank is forecasting […]<\/p>\n","protected":false},"author":1,"featured_media":5286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-71419","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nNASDAQ 100 sees after-hours surge, Citigroup and Bank of America set for Q3 earnings reports | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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