International Business Machines Corp
Stock futures slide after S&P 500 posts first back-to-back decline since early September: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. Brendan McDermid | Reuters Stock futures fell on Tuesday evening after the S&P 500 posted its first back-to-back loss since early September. Futures linked to the broad market index lost nearly 0.14%. Dow futures slid […]
Read More
Stock futures are lower as earnings season gains steam: Live updates
A trader works on the floor of the New York Stock Exchange during morning trading on Aug. 23, 2024. Michael M. Santiago | Getty Images Investor attention remains fixated on third-quarter earnings season, with about one-fifth of the S&P 500 slated to report results this week. Zions Bancorporation popped about 3% after the bell Monday […]
Read More
5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Can stocks keep rising? U.S. stocks have carved out a winning streak. The S&P 500 and Dow Jones Industrial Average have posted six straight positive weeks. Both indexes closed at record highs on Friday. A busy week of earnings, […]
Read More
Earnings next week will determine whether stocks still have further to run
Earnings next week will be key to where stocks head from here. There will be a significant jump in the number of companies set to report third-quarter results in the days ahead. While roughly one-tenth of S & P 500 companies reported over the past week, about 20% of the broader index plans to report […]
Read More
A recession is imminent and favored tech stocks set to crater like the ‘Nifty Fifty’ did, BCA Research says
The rise and fall of the “Nifty Fifty” stocks in the 1970s is a cautionary tale for investors in the Magnificent Seven craze, according to BCA Research. The “Nifty Fifty” refers to a loose group of stocks including Coca-Cola , IBM , Xerox and Pfizer , that rose to prominence in the 1970 to 1973 […]
Read More
Investors are ignoring 2 big risks to markets, says CIO, naming stocks that are bond ‘substitutes’
Investors are ignoring two major risks to the market, according to Vahan Janjigian, chief investment officer at Greenwich Wealth Management. The first is the U.S. national debt, he told CNBC’s ” Street Signs Asia ” last week. “I think another major risk that investors are ignoring is the massive amount of debt in the United […]
Read More
Top Wall Street analysts are bullish on these dividend stocks
The U.S. stock market has been under pressure recently due to fears of an economic slowdown, but dividend-paying names can help smooth the ride for investors. Investors can consider the recommendations of top Wall Street analysts as they search for stocks that are backed by strong financials and the ability to pay dividends consistently. Here […]
Read More
Microsoft fires back at Delta after massive outage, says airline declined ‘repeated’ offers for help
Delta Airlines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Microsoft fired back at Delta Air Lines on Tuesday after the carrier said it would seek damages from the software giant and CrowdStrike for thousands of flight cancellations in the wake of a […]
Read More
These stocks have strong balance sheets as broader market sells off
Companies with stronger balance sheets may give investors a leg up when markets become tumultuous — and Wolfe Research has a few stocks that could fit the bill. A combination of disappointing tech earnings, uncertainty around the presidential election this November and an imminent rate-cutting cycle sent investors scurrying out of megacap tech titans and […]
Read More
Stocks making the biggest moves midday: Ford, Viking Therapeutics, ServiceNow and more
Check out the companies making headlines in midday trading: Ford Motor — The automaker’s stock fell more than 17% after reporting second-quarter earnings that missed Wall Street’s expectations. Ford posted adjusted earnings per share of 47 cents compared to the consensus forecast of 68 cents, according to LSEG. However, automotive revenue of $44.81 billion came […]
Read More