All three major indexes are higher this afternoon
Wall Street is higher this afternoon and headed for its second consecutive winning week, as investors continue unpack this morning's inflation reading and more major corporate earnings. At last check, the Dow Jones Industrial Average (DJI) was just above breakeven, while the S&P 500 Index (SPX) was deep in the black, and the Nasdaq Composite (IXIC) boasted a triple-digit lead.
Continue reading for more on today's market, including:
Intel Corp (NASDAQ:INTC) has already seen more more than 221,000 calls and 94,000 puts traded -- 3 times the average intraday volume -- after earnings, with the most activity taking place at the weekly 1/31 20-strike call. The chipmaker just posted earnings per share of 13 cents, which beat estimates by 1 cent. At last check, INTC was down 0.9% at $19.83, putting it marginally lower in 2025.
Atlassian Corp (NASDAQ:TEAM) is one of the top stocks on the Nasdaq today, last seen 18.1% higher at $315.13 -- earlier hitting a nearly three-year high of $324.37. The software firm posted quarterly earnings and revenue that soared passed estimates, as well as revenue guidance that beat forecasts. Over the last six months, TEAM is 120.2% higher.
Walgreens Boots Alliance Inc (NASDAQ:WBA) stock is one of the worst on the Nasdaq today, last seen 14.8% lower at $9.76. Share are falling after the embattled pharmacy chain said it would suspend its quarterly cash dividend, and said "long-term turnaround efforts" are in the works. WBA is now down 58.4% over the last 12 months.