03:36 PM EDT, 05/07/2024 (MT Newswires) -- Tech stocks were mixed late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) down 0.2% and the SPDR S&P Semiconductor ETF (XSD) adding 0.1%. The Philadelphia Semiconductor index fell 0.6%. In corporate news, Apple ( AAPL ) unveiled its latest tablets, including the iPad Pro with its new M4 chip. The...

* S&P win streak at four; Dow on best run since Dec * Disney ( DIS ) has worst day since Nov. 22 on TV, box office weakness * Tesla falls on China-made EV sales drop in April * Palantir ( PLTR ) slides on lower-than-expected annual revenue forecast * Indexes: Dow up 0.08%, S&P up 0.13%, Nasdaq down 0.1%...

May 7 (Reuters) - Occidental Petroleum ( OXY ) beat estimates for first-quarter profit on Tuesday as the oil-and-gas firm benefited from higher oil prices. Crude oil prices in the quarter mirrored prices from the previous year as production cuts by OPEC+ countries offset lower demand, helping oil producers such as Occidental. The company said quarterly average prices for oil...

04:27 PM EDT, 05/07/2024 (MT Newswires) -- US benchmark equity indexes closed mixed Tuesday, as traders weighed the latest batch of corporate earnings. The Dow Jones Industrial Average and the S&P 500 rose 0.1% each to 38,884.3 and 5,187.7, respectively, while the Nasdaq Composite fell 0.1% to 16,332.6. Materials and utilities led sector gainers, while consumer discretionary saw the steepest...