U.S. equities have enjoyed a surge to new record highs this week amid burgeoning hopes that the Trump Administration will finally land a new trade deal with China. The chatter is that the United States is now willing to roll back trade tariffs to secure an agreement, something Beijing feels is a necessary precondition to
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Generally, people turn to large-cap stocks when the future looks uncertain. It’s almost cliche but has an element of truth to it. Large-cap stocks are generally more diversified, so if one part of the company’s portfolio gets hit, it has more to make up for it. And some even have counter-cyclical components, specifically for this
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A rally coming into this week’s data release The market expected a 54 bcf injection The EIA reported an injection of 56 bcf The realization that the winter season has arrived lifted the price of December natural gas futures over the recent trading sessions. Since mid-October, December futures have moved from $2.388 to a high
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Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Getty Images Disney shares jumped Friday as excitement around the media giant’s streaming service overshadowed a sharp profit decline
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Check out the companies making headlines before the bell: Walt Disney (DIS) – Disney reported quarterly earnings of $1.07 per share, 12 cents a share above estimates. Revenue also beat forecasts, boosted by a 52% increase in studio entertainment revenue amid a strong movie box office performance. Booking Holdings (BKNG) – Booking Holdings earned $45.36
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Give credit where credit is due. I’ve had more than my share of worries about Intel (NASDAQ:INTC) this year, but thanks to a third-quarter earnings report last month that impressed investors, Intel stock has rallied nicely. Source: Sundry Photography / Shutterstock.com And the gains are deserved. From a fundamental perspective, Intel’s Q3 was impressive. Headline
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Earlier this week Cantor Fitzgerald analysts initiated coverage of Aurora Cannabis (ACB), issuing a “neutral” rating to the stock. Meanwhile, the Canadian company has been announcing moves in the U.S. and Mexico. Company executives also made headlines this week by mispronouncing one of their flagship brands named after the California town, San Rafael. Whether this
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American companies are sitting on piles of cash, frustrating investors and leading some on Wall Street to wonder why they aren’t spending. Microsoft currently has the largest cash pile at $136.6 billion as of last quarter, according to estimates from FactSet. Berkshire Hathaway, Alphabet and Apple occupy the other top spots, with $128.2 billion, $121.2
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Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell: Zillow shares surged 14% during extended trading after the online real estate website posted a third-quarter revenue beat. Zillow reported revenue of $745 million, compared to the $718 million Wall Street expected, according to Refinitiv consensus estimates. That revenue
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Back in mid-July, I wrote on InvestorPlace that it looked like shares of beaten up pharmacy retailer CVS (NYSE:CVS) were ready to breakout higher. The headwinds, which had plunged shares into dirt-cheap territory, were going to ease going forward, meaning that there was no reason for the dirt-cheap valuation to stick around. Source: Shutterstock Fast
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I have recently had my book Income for Life published, offering myriad income-generating ideas that absolutely anyone can use. The ideas run the gamut, from earning income from ordinary activities to making better investments. It’s all built around the core principal of generating more income for anyone. I’d like to share some of the 12
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It’s been yet another volatile week in the metals complex, with gold (GLD) and silver (SLV) losing a little of their luster with renewed trade chatter. We got news this morning that China and the U.S. are open to rolling back tariffs in phases, and this certainly hasn’t done anything to prop up the fear
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A mascot of TripAdvisor is seen at its display at a trade fair. Axel Schmidt | Reuters Shares of Expedia and TripAdvisor both reached new year-to-date lows during mid-day trade Thursday, tumbling as much as 25%. The stock plunge comes after both the travel service stocks reported third-quarter earnings misses after the bell Wednesday. Expedia
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