It all comes back to tech, once again. Magnificent Seven earnings kick off in the week ahead, with Alphabet and Tesla the first of the megacaps to report this earnings season at a time when the artificial intelligence trade — along with strong quarterly results and economic data — is once again carrying the market…
Check out the companies making headlines in extended trading: Tesla — Shares were marginally lower in extended trading after first-quarter results missed analysts’ estimates on the top and bottom lines. The electric vehicle company earned an adjusted 27 cents per share on revenue of $19.34 billion, while analysts polled by LSEG were looking for 39…
Investors had a volatile end to January as they weighed the Federal Reserve’s pause on rate cuts, a busy earnings season and the prospect of new tariffs. Given these dynamics and the volatility in the stock market, it could be difficult for investors to pick the right stocks for their portfolios. Tracking the recommendations of…
Check out the companies making headlines before the stock market opens. Boeing — The airplane maker slipped slipped 1.3% after preliminary fourth-quarter financial results reflected ongoing struggles. Boeing said it expects to report a loss of $5.46 per share for the fourth quarter on revenue of $15.2 billion, less than analysts’ expectations, according to LSEG…
Wall Street rediscovered its winning ways last week, thanks to some promising inflation data. Investors are now focusing on Donald Trump’s first week back in the White House and another bundle of earnings. It was no surprise to see relatively muted action last Monday and Tuesday, given markets were reeling from a hot December jobs…
Next week’s Inauguration Day will finally clear up for investors what exactly Donald Trump’s return to the White House means for markets. Last year, in the immediate aftermath of Trump’s November victory, stocks rallied in a so-called “Trump bump” that lifted those parts of the market expected to benefit most from the president-elect’s pro-growth policies…
My top 10 things to watch Monday, Dec. 2 1. Spending on Black Friday was a little stronger than expected, according to Mastercard data. It was up 3.4% overall while e-commerce was up 14.6%. Brick and mortar was up just 0.7%, which jibes with the performance over the last few weeks of Best Buy ,…
The U.S. presidential election beckons and even though nearly 75 million people have already voted, according to NBC News , nothing seems to have leaked out. You would figure the hedge fund algorithms would have picked up something by now, but I haven’t seen any confirmed bets made either way. That makes trading on the…
Check out the companies making headlines before the bell: Procter & Gamble — The stock fell 0.8% after reporting weaker-than-expected revenue. The household goods maker posted $21.74 billion in revenue, while analysts polled by LSEG had estimated $21.91 billion. The company attributed the miss to lower demand in China. Adjusted earnings per share of $1.93 topped…
The good times are still rolling on Wall Street. An intensifying earnings season will put that momentum to the test. The S & P 500 ended Friday at a record high, buoyed by strong quarterly results from Club holding Wells Fargo and other major financial firms, which reinforced the idea of a healthy U.S. economy….