Markets
Earnings playbook: Your guide to a busy week of earnings, including Alphabet and Tesla
Wall Street will get its first glimpse of Big Tech earnings this week. Google-parent Alphabet and Tesla are among the more than 100 S & P 500 companies slated to report. Results from Ford Motor, IBM and General Motors are also on deck. The reporting period is off to a solid start. About 14% of […]
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‘Just buying, buying, buying’: What the recent small-cap boom suggests about the appetite for risk
ETF Edge ‘Just buying, buying, buying’: What the recent small-cap boom suggests about the appetite for risk Published Sat, Jul 20 202411:00 AM EDT Ellie Stevens@elliestevens02 WATCH LIVE Source
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SunPower stock collapses below $1 as company halts leases, installations and shipments
Workers install solar panels during a SunPower installation on a home in Napa, California, US, on Monday, July 17, 2023. David Paul Morris | Bloomberg | Getty Images SunPower stock collapsed 70% this week after the company informed dealers that it will no longer support new leases, installations or product shipments, with analysts largely writing […]
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The ‘Trump trade’ has divided health-care stocks into two camps. How to play the next moves
This year’s presidential election is already sending health-care stocks on a wild ride. Historically, shifts in political control have created “increased volatility” across the sector, sending investors “to look for areas of safety,” Raymond James analyst Chris Meekins said in a July 7 note. “This election is likely to produce distinct, binary, opposing health policy […]
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Stocks making the biggest moves midday: CrowdStrike, Plug Power, Comerica and more
Check out the companies making headlines in midday trading. CrowdStrike – The stock fell more than 10% after an update by the cybersecurity firm caused a major IT outage that affected airlines, hospitals, financial services firms and other businesses . Shares of Microsoft were also marginally lower following the news that many Microsoft users around […]
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A pause to the ‘Trump trade’: The stock market impact if Joe Biden drops out of election
A potential decision by President Joe Biden to drop out of the presidential race could tap the breaks on a shift toward trades that are seen as plays on a Donald Trump victory. NBC News reported on Friday that Biden family members have talked about what a potential exit might look like, citing two people […]
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An options trade on CrowdStrike as shares tank on the outage
From investors to airline travelers, many Americans are being forced to deal with the fallout of this giant IT outage . One-time cybersecurity darling Crowdstrike (CRWD) is getting the blame. As a trader, I want to utilize the acute volatility in this historic mishap as an opportunity to produce income and potentially own the cybersecurity […]
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Stock exchanges operating normally, issue with FTSE Russell indexes resolved amid global outage
A trader works on the floor at the New York Stock Exchange on July 3, 2024. Brendan Mcdermid | Reuters A massive IT outage that is causing unprecedented global disruptions isn’t holding up business as usual in most parts of the financial markets, though one index provider did experience complications. Officials at both the New […]
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Stocks making the biggest premarket moves: CrowdStrike, American Express, SLB, Travelers and more
Check out the companies making the biggest moves in premarket trading: CrowdStrike — Shares plunged nearly 13%, paring some of its earlier losses, after an update from the cybersecurity company caused a major IT outage impacting businesses around the globe. Microsoft — The tech giant slipped 1.6% after being hit with widespread tech outages from […]
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How a software update caused one of the world’s biggest IT blackouts
George Kurtz, co-founder and CEO of CrowdStrike Inc., speaks during the Montgomery Summit in Santa Monica, California. Patrick T. Fallon | Bloomberg | Getty Images A fault with an update issued by cybersecurity company CrowdStrike led to a cascade effect among global IT systems Friday, with industries ranging from banking to airlines facing outages. Banks […]
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