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Reports Q1 results on Wednesday, May 5, after the market close Revenue Expectation: $3.3 billion EPS Expectation: Loss of $0.54 Ride-hailing services have become a key indicator for the revival of...
What could have prompted yesterday’s Amazon (NASDAQ:AMZN) selloff? The stock lost almost 2.4% during Monday trade.Indeed, since its Apr. 29, blowout earnings report, which initially took the...
Where there is smoke, as the saying goes, there is fire. But not always, when it comes to cigarette-makers as it turns out. At least not when they are eyeing the cannabis sector of late.As the...
Inflation concerns persist Pressure on tech sector Dollar recovers Key EventsFutures on the Dow, S&P, NASDAQ and Russell 2000 as well as European shares paused on Tuesday, ahead of the US session...
Exchange-traded funds (ETFs) with thematic strategies have become popular among retail investors. A number of these funds mainly concentrate on disruptive trends, which "offer a revolutionary change...
U.S. Treasuries appear to be treading water. That's keeping yields on the 10-year benchmark at about 1.60% despite the usual fluctuations.Investors have priced in robust economic news, but a bullish...
With palladium smashing the $3,000-an-ounce barrier last week, forecasts are calling for $4,000 record highs by September for the autocatalyst metal that’s in dire short supply.As probable as...
Reports Q1 results on Wednesday, May 5, before the market open Revenue Expectation: $33 billion EPS Expectation: $1.05 It has been a remarkable start to the year for General Motors (NYSE:GM). The...
The price of oil has been ranging, as market worries whipsaw between optimism on a reopening global economy versus the resurgence of COVID-19 in many parts of the world which might delay the...
Russell 2000 futures point to resumption of Reflation Trade Oil’s improving demand outlook has reversed its technical trajectory Key EventsShares in Europe followed US contracts for the Dow...
Numerous stock return patterns correlate to the annual calendar and make headlines every few months—think of the "Santa Rally" or "January Effect." Most investors are likely to have also heard...
Even the normally unflappable Warren Buffett is getting worried about inflation.“We are seeing substantial inflation," Buffett said during the virtual annual shareholder meeting for his...
Reports Q1 results on Tuesday, May 4, before the market open Revenue Expectation: $13.67 billion EPS Expectation: $0.78 Despite developing the first authorized COVID-19 vaccine to be used in the U.S....
Largest monthly increase in US personal incomes on record Fed’s Kaplan calling to consider tapering QE earlier than expected Forecasts for earnings growth during the current reporting...
Stocks on Wall Street slipped on Friday, with the major averages all ending down, but within sight of their recent records amid ongoing optimism over the economic recovery. The coming week is expected...
Equity Investors should brace for another busy week as some of the largest U.S. companies report quarterly earnings amid strong signs that the country's economic rebound is helping businesses get back...
Recent increases in economic activity in the U.S. show consumers have been spending part of their incomes, savings and the latest round of stimulus checks.According to the “Monthly Economic...