Friday, April 26, 2024
Earnings Off to Weak Start as Banks Fill Rainy Day Funds

Earnings Off to Weak Start as Banks Fill Rainy Day Funds

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Earnings season began on a weak note as major banks set aside billions for credit defaults after coronavirus shut down the U.S. economy. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C) and Wells Fargo...
Apple, Tesla and the Economy Starts to Reopen: This Week Has It All

Apple, Tesla and the Economy Starts to Reopen: This Week Has It All

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The stock market is entering one of its most important weeks in years, with the S&P 500 parked at a key level. Traders may be watching for a breakout. Apple (AAPL), Microsoft (MSFT) and Amazon.com...
Giant Tech Stocks Like Facebook and Alphabet Overcome Fears: Earnings This Week

Giant Tech Stocks Like Facebook and Alphabet Overcome Fears: Earnings This Week

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It could have been a lot worse. That's the verdict after some of the most important technology companies reported earnings. Facebook (FB) and Alphabet (GOOG) rallied more than 5 percent after first-quarter revenue beat estimates....

Three Potential Signs of a Turn, Even After Stocks Had Another Bearish Week

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Editor’s note: This article was originally published on April 6, 2020. Stocks fell again last week, but there may be signs the market is starting to see light at the end of the coronavirus tunnel. The...
Naysayers Hapless as Worst-Case Scenarios Prove Elusive

Bright Spots as Big Tech Disappoints: Earnings This Week

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The last week of quarterly results featured bad news from some high-profile stocks, but other names rose in prominence. Right off the bat, Apple (AAPL) had disappointing iPhone sales and stunned investors by saying it...
E-Commerce and the Cloud Have Taken Over the World: Earnings Season Recap

E-Commerce and the Cloud Have Taken Over the World: Earnings Season Recap

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Earnings season is pretty much finished, and the main story wasn't Covid-19. Instead, it was the complete dominance of e-commerce and cloud computing. Megacap Internet companies like Amazon.com (AMZN), Facebook (FB) and Alphabet (GOOGL) climbed...
Retailer Numbers a Mixed Bag: Earnings This Week

Retailer Numbers a Mixed Bag and Chips Remain Strong: Earnings This Week

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Earnings season ended with a mixed bag as some major retailers beat estimates and others came up short. Target (TGT) was the most bullish name, continuing its transformation from big-box boutique to digital powerhouse. CEO...
Are Options Traders Bearish? Put Volume Spikes in Financial ETF

Are Options Traders Bearish? Put Volume Spikes in Financial ETF

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Financial stocks jumped yesterday, triggering a big trade in the options market. The SPDR Financial ETF (XLF) surged 5.2 percent on Tuesday, its biggest rally in more than a month. There was also heavy options...
Good News Sneaks Out for Energy Sector

Oil: What a Difference a Month Can Make

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In any normal year, the action that took place in oil markets this year would be the number one finance story hands down. With the COVID-19 pandemic, 2020 has not been a normal year,...
Another New High for Stocks as the 'Growth' Trade Makes a Comeback

Another New High for Stocks as ‘Growth’ Trade Makes a Comeback

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Investors are returning to their old favorites, growth stocks, as the market continues its breakout to new highs. The S&P 500 rose 1 percent in the Thanksgiving-shortened period between Friday, November 22, and Friday, November...
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