(Bloomberg) — Saudi Aramco unexpectedly increased its dividend and said it would boost spending as it looks to deploy an avalanche of cash generated by last year’s surge in oil and gas prices. M...
Tag: Blowout
SVB Blowout Is Wake-Up Call for Stock Bulls on Banking Risks
(Bloomberg) — Stock market investors just got a harsh reminder about the risks posed by banking industry turmoil. Most Read from Bloomberg US stocks are heading for the worst week of the year af...
China Debt Blowout Rings Alarm Bells as Leadership Meets
(Bloomberg) — When China’s leaders gather in Beijing for the annual parliament next week, one of the biggest economic risks they’ll need to tackle is the mounting debt of provinces. Most Read fr...
Mobileye Stock Gains After Blow-Out Earnings Show Growth in Self-Driving Cars
Car owners who want their vehicles to drive them around have been burned by years of overpromising by the auto industry. There are no truly self-driving cars. Autonomous-driving technology is getting ...
How To Bet Against A Blowout On Citigroup’s Earnings
Citigroup (C) will report its fourth-quarter earnings on Jan 15. Earnings per share are estimated at $1.22 on revenue of $17.929 billion, extending a streak of declining profits. X The options market ...
Wall Street Sees Blowout Jobs Data as ‘Wrong Report at the Wrong Time’
(Bloomberg) — The latest US jobs report doused nascent optimism that the American economy was weakening enough to warrant a go-slower approach by the Federal Reserve in its battle against inflat...
Stocks stage blowout rally after milder CPI print
U.S. stocks posted outsized gains Thursday, logging their biggest one-day climb in two years, as Wall Street cheered lighter-than-expected inflation data and monitored midterm election tallies. The Co...
California’s Gasoline Price Blowout Is A Problem Of Its Own Making
SACRAMENTO, CALIFORNIA – SEPTEMBER 18: California Gov. Gavin Newsom speaks during a news conference … [+] at the California justice department on September 18, 2019 in Sacramento, Californ...
Turkey’s Inflation Exceeds 80% in Worst Price Blowout Since 1998
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Turkish inflation exceeded 80% for the first time since Se...
Bond markets complicate Fed moves after blowout jobs report
Bond yields ripped higher after new employment data showed the U.S. economy adding a breakneck 528,000 jobs in the month of July. Emily Roland, co-chief investment strategist at John Hancock Investmen...
Are Terra, GBTC Trades The Reason For Fund Blowout?
Kyle Davies and Su Zhu, the fund’s creators, recently acknowledged they incurred losses of over $200 million in connection with LUNA. Zhu believes that what they didn’t understand was that...
Apple’s Huge Buyback Will Need to Come With Blowout Earnings
(Bloomberg) — A massive buyback may not be enough for Apple Inc. investors amid the worst month for big tech since the global financial crisis. The market’s reaction to Alphabet Inc.’s report sh...
Investors Are Eyeing Coca-Cola After A Blowout Quarterly Earnings Report
Getty Images Key Takeaways During the Coca-Cola earnings call on Monday, the beverage company reported quarterly numbers that topped expectations Net revenues grew 16% to $10.5 billion, while per-shar...
Disney’s blowout earnings: 3 hot takeaways
Traders are tuning into Disney after a comeback quarter for the entertainment beast. Shares surged 8% in pre-market trading Thursday to $158.62 as the company smashed analyst sales estimates by more t...
Alphabet Surges 7% After Blowout Earnings, Here’s What The 20:1 Stock Split Means For Investors
Topline Shares of Google-parent Alphabet surged over 7% on Tuesday after the company reported stellar fourth quarter earnings and announced a 20:1 stock split, following in the footsteps of tech giant...
Apple’s Blowout Earnings Prove Its Shares Are Cheap
Apple takes a shot at rivals such as Google on the data privacy front at the major Consumer … [+] Electronics Show (Photo by Glenn CHAPMAN / AFP via Getty Images) AFP via Getty Images Don’t beli...
Blowout Loss Latest Setback As Bucks Navigate “Dog Days” Of The Season
MILWAUKEE, WISCONSIN – JANUARY 30: Bones Hyland #3 of the Denver Nuggets is fouled by Jordan Nwora … [+] #13 of the Milwaukee Bucksduring the second half of a game at Fiserv Forum on Janua...
Apple’s blowout earnings could mean another huge year for the iPhone maker
Apple (APPL) helped kick off Big Tech’s earnings season on Thursday with its best quarter in history. Revenue came in at $123.95 billion, an 11% jump over last year’s Q1 revenue, which itself was a re...
New England Patriots’ Blowout Playoff Loss Is For The Best Moving Forward
Mac Jones and the New England Patriots will be better off following their 47-17 loss to the Buffalo … [+] Bills in the playoffs. (Photo by Barry Chin/The Boston Globe via Getty Images) Boston Gl...
Boeing Stock Gets Bump as Analyst Sees Blowout Deliveries in December
Text size Boeing stock has begun 2023 in the green. Jason Alden/Bloomberg Boeing finished out 2022 strong and the new year is looking up, causing one analyst to hike his price target on the shares. He...