U.S. stocks struggle for direction at the open as investors weigh Goldman, Morgan Stanley earnings

Amesite Inc

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Consumer Discretionary : Diversified Consumer Services | Small Cap Value

Company profile

Amesite, Inc. is an artificial intelligence software company. The Company is engaged in offering a cloud-based platform and content creation services for business and university-delivered education and upskilling. It uses artificial intelligence technologies to provide customized environments for learners, easy-to-manage interfaces for instructors, and accessibility for learners in the United States education market. Its code architecture offers accessibility and agility for engineers, using languages for both client and server-side functions. It delivers Learning Community Environments (LCESMs) to businesses and educational institutions (EIs) that enable them to offer branded learning products to their students, professional learners or employees with ease. It offers its platform to its customers, which include universities, museums, businesses and government agencies. Its customers offer learning to their users, who are students, professional learners and / or their own employees.

U.S. stocks struggle for direction at the open as investors weigh Goldman, Morgan Stanley earnings

9:34 am ET January 17, 2023 (MarketWatch) Print

U.S. stocks struggled for direction at the open on Tuesday, as investors weighed earnings from Goldman Sachs Group Inc. and Morgan Stanley as trading resumed following a three-day weekend honoring Martin Luther King Jr. The Dow Jones Industrial Average was down 0.2% soon after the opening bell, while the S&P 500 edged up 0.1% and the Nasdaq Composite was trading about flat, according to FactSet data, at last check. Goldman Sachs and Morgan Stanley on Tuesday reported their results for the fourth quarter, with Goldman missing earnings estimates while Morgan Stanley beat analysts' forecasts. In economic data released Tuesday, the New York Fed's Empire State business conditions index, a gauge of manufacturing activity in the state, tumbled to the lowest level since the worst of the pandemic in 2020.

-Christine Idzelis

(END) Dow Jones Newswires

January 17, 2023 09:34 ET (14:34 GMT)