Welcome to the ‘Roaring ’20s’: Here’s how this earnings season will keep the bull market strong
Stay with the AI trade and overweight technology stocks, according to one earnings expert.
Markets
Property taxes are poised for major midterm elections ballot battles across many U.S. states
When they head to the polls in November, Americans will have a rare opportunity to use their voting power to directly shape tax policy. Ballooning government spending and growing tax burdens across the U.S. have led to …
Cattle Look to Tuesday After Bouncing to Start the Week
Live cattle futures are closed the session with contracts $2.10 to $3.10 higher on Monday. Open interest was down 2,412 contracts, mainly in the front months. Cash trade has yet to get kicked of this week with Monday co…
Intel's foundry lands first named customer under CEO Lip-Bu Tan, as Fortinet signs on for security chips
While Intel continues to pursue a marquee customer for its foundry services, the chipmaker has landed a notable client from the cybersecurity space.
Hasbro (HAS) Surpasses Q2 Earnings and Revenue Estimates
Hasbro (HAS) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.3 per share a year ago. These figures are adjusted for non-recur…
Adobe stock has been crushed by AI fears. Now Morgan Stanley has cut its rating to underweight.
Morgan Stanley has downgraded Adobe to underweight, slashing its price target to USD 240 amid fears that AI and a freemium pivot are destroying revenue.
ITA, GD, TDG, NOC: Large Outflows Detected at ETF
Looking at the chart above, ITA's low point in its 52 week range is $190.16 per share, with $251.49 as the 52 week high point — that compares with a last trade of $231.32. Comparing the most recent share price to the 20…
Bitdeer Bitcoin Output Jumps 388% as AI Cloud Utilization Hits 95%
Bitdeer Technologies Group (NASDAQ: $BTDR) mined 990 bitcoin in June, extending a sharp production rebound while higher GPU utilization pushed its AI Cloud annualized recurring revenue to approximately $76 million.
As the U.S.-Iran war heats up again, these parts of the stock market and economy could be affected
A ramp-up in fighting between the U.S. and Iran over the weekend has left Wall Street reconsidering its expectations for the war's economic impact.
The co-founder of Stocktwits dumped chip stocks before a 20% slide. Where he’s putting his money now.
Paypal and Cintas were among the best-performing stocks, while semiconductor stocks SanDisk, Marvell Technologies dropped.
Two in five Americans believe stock market only serves the top 1%
Exclusive Harris poll for Guardian reveals Americans’ assumptions about stock market and wider economy
KeyCorp (KEY) Beats Q2 Earnings Estimates
KeyCorp (KEY) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-rec…
Greer hints new Trump tariffs coming on dozens of countries: 'Expect action soon'
U.S. Trade Representative Jamieson Greer on Tuesday signaled another round of President Donald Trump's tariffs is on the way.
Wheat Slips Back on Monday
The wheat complex was mostly lower on Monday, with winter wheat falling and spring wheat holding up. Chicago SRW contracts were 4 1/4 to 8 3/4 cents in the red at the close. KC HRW futures were down 4 1/4 to 8 1/2 cents…
Why GM's memory chip guidance could help stabilize stocks like Micron and Sandisk
Perhaps those worried about the sell-offs in momentum memory chip stocks such as Micron (MU) and Sandisk (SNDK) should read the second quarter earnings release from auto giant General Motors (GM).
If timing the stock market were easy, the Iran war would have proven it. It’s done the opposite.
“Let the oil flow!” With those words on Sunday evening, US President Donald Trump announced that the United States had reached an agreement to end the war with Iran after more than one hundred days and open the Strait o…
Stocks Pressured as Middle East Hostilities Boost Inflation Risks
The S&P 500 Index ($SPX) (SPY) on Monday closed down -0.19%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.59%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.04%. September E-mini S&P futures (ESU2…
Time to buy the dip in momentum stocks after a punishing July drawdown? Here’s what history tells us.
Time to buy the dip in momentum stocks after a punishing July drawdown? Here’s what history tells us. Investors who can stomach a little short-term volatility are often rewarded. Read at source
Another major stock exchange moves toward 24-hour trading
If the closing bell has long been a business model, then 24/7 trading is an attempt to break it. As the NYSE, Nasdaq, CME and Cboe race to introduce round-the-clock trading, the question is who stands to gain and who co…
Equifax (EFX) Tops Q2 Earnings and Revenue Estimates
Equifax (EFX) came out with quarterly earnings of $2.25 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $2 per share a year ago. These figures are adjusted for non-recurr…
Rolls-Royce needs UK decision on narrowbody engine soon, says CEO
What do you do if you are the chief executive of a company whose share price has risen by more than 1,200% since you took the job?
Boeing and Airbus prepare for next narrow-body battle – but airlines aren’t pushing for new jets yet
Boeing and Airbus are starting to map out the next generation of narrow-body aircraft, but the world's two dominant planemakers say their airline customers are more concerned with getting today's jets delivered than pre…
Novo Nordisk sues Eli Lilly, alleging misleading GLP-1 advertising
Novo Nordisk on Tuesday filed a lawsuit against Eli Lilly, alleging that its advertising campaigns for its blockbuster obesity and diabetes drugs are designed to mislead consumers about their superior efficacy relative …
Why is Taiwan Semiconductor Manufacturing stock surging today?
Two of the biggest names in chip manufacturing, Taiwan Semiconductor Manufacturing Co. and ASML, both reported strong earnings this week as demand for artificial intelligence chips remains sky high.