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The cheating on OPEC oil production quotas will begin almost as soon as the Saudis turn their taps back on, says Helima Croft, global head of commodity strategy at RBC Capital Markets.While that might...
Reports Q2 2020 results on Thursday, July 16, before the market open Revenue Expectation: $17.5 billion EPS Expectation: $1.47 Perhaps now is not the time to expect a blow-out quarter from healthcare...
The Saudis are going to do what they’re going to do with their oil—nothing stopped them the last four months and nothing probably will now. Crude prices actually jumped 300% through the...
Video-conference darling Zoom (NASDAQ:ZM) fell Monday, to $15.57, or 5.6%, one of its biggest selloffs in percentage terms since the 6.4% drop on Apr. 24, when Facebook (NASDAQ:FB) launched a rival...
Global stocks fall despite on California lockdown, despite positive China data Gold pressed lower by stronger dollar Oil falls below $40 ahead of EIA report Key EventsUS futures for the S&P 500,...
Aphria stock (NASDAQ:APHA), (TSX:APHA) got a boost yesterday, after receiving an upgrade from Stifel analyst W. Andrew Carter, gaining more than 8.5% at the close on both the NASDAQ and Toronto Stock...
If you ever needed addiitonal proof that bond investors put top priority on yield, the recent strong interest in Chinese government bonds provides it.It’s not that investors ignore political...
During the bull run of the past decade, semiconductor stocks have been essential drivers of the broader technology sector's upside. Although initially, they were among those shares that sold off...
Both media giant Disney (NYSE:DIS) and the international coffee-chain Starbucks (NASDAQ:SBUX) have seen their businesses turned upside down by the global coronavirus outbreak and worldwide...
Over the past few years, Wells Fargo (NYSE:WFC) has been trading against some major headwinds, including an ongoing scandal that began in 2016 involving the creation of thousands of fake accounts...
Investors bet earnings will confirm extraordinary economic data in support of V-shaped recovery Gold continues it upward move WTI falls below $40 ahead of OPEC+ meeting Key Events US futures for the...
Oil struggles to keep to its $40 per barrel perch as expectations mount that OPEC’s super discipline in production cuts will finally unravel this week.Gold, meanwhile, is expected to stay cozy...
So far, 2020 has been a good year for gold bulls. Year-to-date, the precious metal is up about 17%. Earlier in July, the price of gold passed the $1,800 mark to reach its highest level in almost a...
As Q2 2020 earnings season kicks off this week, led by the big banks, it's likely rising loan losses and strong revenues from their trading and capital markets units will be the highlights of these...
The NASDAQ scores another record week, but momentum on the tech-heavy index slowed relative to the broader market Stocks have been rising alongside spiking cases of coronavirus Even as the US...
Investing in mega technology stocks continues to be a winning bet, as the COVID-19 pandemic rages on. Stocks on the so-called “FANG+” index, which includes behemoths such as Amazon...
The copper bulls haven’t had it this good in three years. But regardless how much better it gets for them, those holding US copper futures might not see the plum prize of $3 per lb anytime...