Zero Hedge Visualizing The S&P 500 In 2023 So Far With one quarter of 2023 in the books, how has the S&P 500 performed so far? The index had a tumultuous 2022, ending the year down 18%, its worst performance since 2008. But so far, despite dealing with tight monetary conditions and an unexpected banking crisis, the S&P 500 has promptly started to rebound. The animation below from Visual Capitalist''s Jan Varsava shows the stock performance of each company on the S&P 500 , categorized by sector. Biggest Gainers on the S&P 500 The S&P 500 increased 7.5% during the first quarter of 2023. Though it was led by a few big outperformers, more than half of the stocks on the index closed above their end-of-December prices. Here are the top 30 biggest gainers on the index from January 1 to March 31, 2023. Rank Company 3-Month Return 1 Nvidia 90.1% 2 Meta (Facebook) 76.1% 3 Tesla 68.4% 4 Warner Bros. Discovery 59.3% 5 Align Technology 58.4% 6 AMD 51.3% 7 Salesforce 50.7% 8 West Pharmaceuticals 47.3% 9 General Electric 46.3% 10 Catalent 46.0% 11 First Solar 45.2% 12 Monolithic Power Systems 41.8% 13 MarketAxess Holdings 40.6% 14 GE Healthcare Tech 40.5% 15 Arista Networks 38.3% 16 ANSYS Inc. 37.8% 17 Fortinet Inc. 35.9% 18 Wynn Resorts 35.7% 19 Paramount Global 33.8% 20 FedEx Corp 32.7% 21 MGM Resorts 32.5% 22 Royal Caribbean Group 32.1% 23 ON Semiconductor Corp 32.0% 24 Booking Holdings 31.6% 25 Cadence Design Systems 30.8% 26 Skyworks Solutions 30.2% 27 Pulte Group 28.4% 28 Seagate Technology 27.1% 29 Apple 27.1% 30 Lam Research 26.6% Nvidia shares gained the most of all the companies on the S&P 500 in Q1 2023, posting a staggering 90% return over three months. more…
InstaForex Investors also continue to monitor the earnings season. On Wednesday, after the market closed, Tesla released its financial results for the last quarter. The company reported a 24% drop in profits and attributed this to a reduction in electric vehicle prices. Tesla shares are down 7.5%. At the close of the New York Stock Exchange, the Dow Jones fell by 0.33%, the S&P 500 index dropped by 0.60%, and the NASDAQ Composite index fell by 0.80%. Among the growth leaders in the Dow Jones index components at the end of today''s trading were shares of Walgreens Boots Alliance Inc (NASDAQ:WBA), which rose by 0.54 points (1.55%), closing at 35.37. Visa Inc Class A (NYSE:V) quotes increased by 2.03 points (0.87%), ending the trading session at 234.60. Johnson & Johnson (NYSE:JNJ) shares rose in price by 1.05 points (0.65%), closing at 163.58. The least gainers were shares of Verizon Communications Inc (NYSE:VZ), whose price fell by 1.41 points (3.65%), finishing the session at 37.19. Cisco Systems Inc (NASDAQ:CSCO) shares rose by 1.46 points (3.04%), closing at 46.58, while The Travelers Companies Inc (NYSE:TRV) fell in price by 3.31 points (1.81%) and ended trading at 179.26. more…
Benzinga Companies Reporting Before The Bell • RELX (NYSE: RELX ) is estimated to report earnings for its Fiscal Year 2022. • Coca-Cola Europacific (NASDAQ: CCEP ) is expected to report earnings for its Fiscal Year 2022. • Golden Ocean Group (NASDAQ: GOGL ) is estimated to report quarterly earnings at $3.08 per share on revenue of $1.73 billion. • Scorpio Tankers (NYSE: STNG ) is expected to report quarterly earnings at $4.29 per share on revenue of $453.49 million. • Laboratory Corp (NYSE: LH ) is likely to report quarterly earnings at $4.11 per share on revenue of $3.74 billion. • Idacorp (NYSE: IDA ) is likely to report quarterly earnings at $0.82 per share on revenue of $284.82 million. • Autohome (NYSE: ATHM ) is projected to report quarterly earnings at $0.71 per share on revenue of $280.05 million. • Portland Gen Electric (NYSE: POR ) is expected to report quarterly earnings at $0.63 per share on revenue of $590.96 million. • Cenovus Energy (NYSE: CVE ) is expected to report quarterly earnings at $0. more…