Thursday, April 25, 2024

Retailers Rebound as Tech Traders Sell the News: Earnings This Week

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The last week of earnings saw big rallies by old-fashioned retailers. Software companies also beat estimates, but failed to advance. Foot Locker (FL) led the...
Coronavirus Not the Worst Thing for Quarterly Results: Earnings This Week

Coronavirus Wasn’t the Worst Thing for Quarterly Results: Earnings This Week

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Coronavirus was a big theme in quarterly results over the last week, but it wasn't all bad. Companies like Shopify (SHOP), Activision Blizzard (ATVI) and...

Stocks Are Climbing an Epic Wall of Worry as Earnings Blow Past Estimates

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An old adage states that "bull markets climb a wall of worry." It's especially true now. The S&P 500 fell 1.6 percent last Monday, its...

Stocks Begin 2022 on a Bearish Note as Technology Gets Liquidated and Interest Rates...

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Stocks began the year on a bearish note as investors unloaded high-multiple Nasdaq companies before the Federal Reserve hikes interest rates. The S&P 500 slid...

Energy Led in August as Higher Rates Dragged The Stock Market Lower

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The stock market pulled back in August after a five-month rally. Energy was the only positive sector, thanks to rising oil prices. The S&P 500...

Tesla Gets a Rival on Wall Street as Traders Await Big Inflation Report

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Tesla, one of the most active stocks in the market, suddenly has a rival among traders. Rivian Automotive (RIVN) announced better-than-expected deliveries last week. That...

Recent IPOs Glowing Green

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Tech IPOs may be showing signs of life. Stocks like Huya (HUYA), Pivotal Software (PVTL) and Iqiyi (IQ) rallied hard in May and early June...

Can Stocks Hang On After Another Painful Blow from the Federal Reserve?

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Stocks are trying to hold their lows of the year after another painful blow from the Federal Reserve. The S&P 500 dropped 4.7 percent between...

Stocks Pause as Summer Begins and Central Banks Talk Tough on Inflation

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Stocks began the summer with a pause as central bankers around the world vowed to crush inflation. The S&P 500 fell 1.4 percent in the...
Stocks Break Out to New Highs as One Fear After Another Melts Away

Stocks Break Out to New Highs as One Fear After Another Melts Away

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Stocks broke out to new highs last week as economic and trade fears evaporated, drawing naysayers back to the market. The S&P 500 rose 1.5...
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