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The past two days are a representative example of the herd mentality that has been plaguing markets. Yesterday, stocks rose on a supposedly dovish Fed as reflected in the July meeting minutes. Today,...
* Reports Q2 2019 results on Thursday, Aug. 22, after the close* Revenue expectation: $3.95 billion * EPS expectation: $0.47 Salesforce.com (NYSE:CRM), which sells software and cloud-based services...
U.S. Commerce Secretary Wilbur Ross's 90-day Huawei reprieve, allowing the Chinese tech giant to buy equipment from U.S. suppliers, flipped the prevailing market dynamic dramatically: chipmakers...
Recession or no recession, we already have one casualty of this fear on Wall Street. And that’s banking stocks.A lingering threat to the global economy due to the U.S.-China trade war and...
Shares of the world’s largest cannabis company hit their lowest point in 2019 yesterday. The price of Canopy Growth Corp (NYSE:CGC), (TSX:WEED) stock closed at US$26.72 (C$35.66), marking a...
U.S. markets are going through an uncertain phase right now, as last week's hightened volatility showed. As such, it’s hard to predict what lies ahead. Stocks recovered some losses over the past...
Nvidia’s share price pushed higher on the back of the mixed second-quarter update last night. EPS was $1.24, and the consensus estimate was $1.15. Revenue fell by 17% compared with the same...
Are investors in the cannabis sector developing a growing sense of impatience? Could this speed up the push to profitability? There is evidence to support the theory. Just yesterday some of the major...
Cisco Systems, the San Jose-based networking products giant, is due to report Q4 2019 results on Wednesday, August 14, after the bell. Expectations are for $1.14 EPS and $2.55 billion in revenue....
Renowned value investor Warren Buffett prefers to invest in companies that are reliable money makers, businesses that can withstand economic and corporate vagaries over time. With $122 billion in cash...
It's been a mixed bag for marijuana producers this year. Though they enjoyed a strong start to 2019 due to global marijuana legalization efforts and the burgeoning use of CBD as a wellness product,...
Walt Disney Company (NYSE:DIS) shareholders may have little reason to be cheerful after seeing the company’s latest earnings report on Aug. 6. It didn’t give them what they wanted: the...
The Federal Reserve cut interest rates for the first time in more than a decade last month, lowering its Fed funds target range by 25 basis points, citing worries over “global...
* Reports Q2 2019 results on Thursday, Aug. 8, after the close* Revenue expectation: $3.31 billion * EPS expectation: -$2.1 The equation that investors in the world’s largest ride-hailing...