© Reuters. FILE PHOTO: A U.S. Dollar banknote By Saikat Chatterjee LONDON (Reuters) – The U.S. dollar held firm at a four-week high against its rivals on Monday as an undercurrent of risk aversion swept through currency markets in the backdrop of weak U.S. economic data, knocking the AustralianRead More →
© Reuters. FILE PHOTO: The Tesla logo is pictured on an electric car at Brussels Motor Show (Reuters) – Shares of Tesla (O:) surged 10% to a record high on Monday, extending their rally to nearly 40% in five sessions after analysts raised their price targets on the electricRead More →
An earlier version of this report misstated Sonos’ year-ago Ebitda figure. The correct amount is $87 million. Sonos Sonos said it’s getting more effective with its promotions. Sonos Inc. had a stronger-than-expected holiday quarter fueled by new products like a portable speaker and a partnership with IKEA. The company toppedRead More →
© Reuters. By Geoffrey Smith Investing.com — Stocks in focus in premarket trade on Monday, 13th January. Please refresh for updates. 9 AM ET: Renewable energy generator TerraForm Power (NASDAQ:) stock was up 9.9% after the company said it had received an unsolicited offer from Brookfield Renewable Partners (NYSE:) forRead More →
Better late than never. It’s a cliché, of course, but it summed up the year for “No-Nonsense Investing.” Some big, bold predictions as 2019 began fell flat, while columns written later in the year were on target. Generally I did better when I was bullish or ignored the cacophony ofRead More →
CrowdStrike Holdings Inc. fielded praise from analysts Friday after the cybersecurity company reported a strong quarter and outlook, but a drop in the stock from recent highs and a looming post-IPO lock-up period expiration may make the stock volatile in the short term. CrowdStrike CRWD, -3.89% shares closed down 3.9%Read More →
Nvidia Corp. has completely escaped the crypto hangover. The question now is what happens on the other side. Nvidia projected Thursday that revenue will begin growing again in the current period, after four consecutive quarters of year-over-year declines, but that is mostly because the quarter a year ago was intenselyRead More →
© Reuters. Traders work on the floor at the NYSE in New York (Reuters) – U.S. stocks opened slightly higher on Thursday after strong quarterly reports from Apple (NASDAQ:) and Facebook (NASDAQ:) but uncertainty around a potential trade deal between the United States and China capped gains. The Dow JonesRead More →
With so many conflicting signals about markets, the economy in the U.S. and abroad, the impact of the China-U.S. trade war, and more, what’s an investor to think? Through all the noise, there’s one measure that bears watching. Even investors who don’t trade currencies should pay attention to the strengthRead More →
By Jesse Cohen Investing.com – Wall Street’s third-quarter earnings season has gotten off to a strong start so far, with companies like Netflix (NASDAQ:), JPMorgan Chase (NYSE:) and UnitedHealth (NYSE:) all blowing past analysts’ expectations. Earnings for the are expected to decline by 4.1% for the third quarter, according toRead More →
“One swallow does not a summer make, nor one fine day”, as Aristotle once said. The US labor market saw the best jobs growth of the year in June, but markets are still see a 100% probability of an interest rate cut at the Federal Reserve’s next meeting on JulyRead More →
© Reuters. FILE PHOTO: Traders work on the main trading floor after opening bell at New York Stock Exchange (NYSE) in New York By Amy Caren Daniel (Reuters) – U.S. stock index futures dipped on Friday, after a strong rally in the prior session that helped the S&P 500 hitRead More →
Bloomberg News Shoppers walk past stores at a mall in Chicago. The numbers: Reports of the death of the American consumer were greatly exaggerated as the May retail sales data rose at a solid pace and the decline in the prior month was revised to show a gain. Retail salesRead More →
The economy is doing great, according to most estimates. Jobless claims dipped to 228,000 in early May and the U.S. labor market is on track to break the record for the longest expansion on record. Mortgage rates have hit their lowest level this year. Consumer sentiment rose to a 15-yearRead More →
© Reuters. Illustration photo of a Lenovo logo By Sijia Jiang HONG KONG (Reuters) – China’s Lenovo Group reported a more than three-fold increase in its quarterly profit as strong computer sales helped the world’s largest personal computer (PC) maker to beat market expectations. Lenovo’s net profit in the quarterRead More →
© Reuters. FILE PHOTO: FILE PHOTO: An investor looks at an electronic board showing stock information at a brokerage house in Shanghai By Andrew Galbraith SHANGHAI (Reuters) – Asian stock markets edged up on Monday after surprising strong U.S. first-quarter economic growth boosted the to a record high, but gainsRead More →
GW Pharmaceuticals PLC shares were a standout among cannabis stocks Wednesday, after the company reported a strong start for Epidiolex, the first cannabis-based drug to win regulatory approval as a treatment for a severe form of childhood epilepsy. GW Pharma shares GWPH, +13.55% were up 14% in early trade, puttingRead More →
© Reuters. FILE PHOTO: Rain clouds pass over Canary Wharf financial financial district in London By Iain Withers LONDON (Reuters) – Britain’s banks would be resilient to a chaotic Brexit, even if this leads to a spike in bad loans that hits their profits, credit rating agency Moody’s said. Lenders’Read More →
© Reuters. People experience new Apple’s iPhone XS and iPhone XS Max during a media tour at an Apple office in Shanghai By Stephen Nellis (Reuters) – Apple Inc (NASDAQ:) plans to cut the price of some of its flagship iPhones for only the second time in the device’s 12-yearRead More →
© Reuters. FILE PHOTO: A bird flies next to the logo of IL&FS installed on the facade of a building at its headquarters in Mumbai MUMBAI (Reuters) – India’s heavily indebted Infrastructure Leasing & Financial Services (IL&FS) said on Wednesday it has received more than 30 expressions of interest forRead More →
