Here are five things you must know for Monday, October 10: 1. — Stock Futures Mixed As October Rally Faces Inflation Test U.S. equity futures edged lower Monday, while the dollar consolidated g...
Tag: Earnings
PageGroup share price outlook ahead of earnings
PageGroup (LON: PAGE) share price has had a difficult year as concerns about the slowing labour market. The shares have crashed by more than 40% this year and by more than 46% from its highest level i...
Stocks Face Brutal Earnings Season With All Eyes on Apple, Investors Say
(Bloomberg) — Investors expect this earnings season to pummel stocks further and will watch Apple Inc. in particular as a bellwether of global economic conditions. Most Read from Bloomberg More ...
Bank Earnings Season Starts Next Week: Remember To Breathe!
Big bank earnings could cause significant market volatility next week. Photo by Spencer Platt. Getty Images Four of the United States’ largest globally systemically important banks (GSIBs) are reporti...
These Growth Stocks Have Beaten the Market. Why It Can Continue.
The stock market has tumbled recently, but growth stocks have finally stopped getting hit the hardest. Subtle shifts in the broader investing environment are responsible. The Russell 2000 index of sm...
Memory Chip Makers Struggle With Declines in Demand, Price
Listen to article (2 minutes) The pandemic boom in memory chips is on pause. A decline in prices in recent months has led the biggest memory players—including Samsung Electronics and Micron Technology...
Bank Stocks Have Gotten Slammed. Here Are 4 Worth a Look Ahead of Earnings.
Another bank earnings season is coming upon us, and no one is feeling too excited. Yet excitement isn’t what makes stocks like Citizens Financial Group and M&T Bank attractive. Make no mistake, ba...
Tesla Challenger Polestar Looking to Deliver on Big Plans
Back in July, electric vehicle maker Polestar (PSNY) made a bold promise. The Gothenburg, Sweden-based company reported that it delivered 21,200 cars during the first six months of 2022, more than d...
S&P 500 would be in an ‘earnings recession’ if not for this one booming sector — but that may not last long
Fears of an actual recession are weighing on investors near the end of 2022, but there is another type of recession also in sight: an earnings recession. The S&P 500 index would already be in an e...
Aehr Stock Jumps On Q1 Earnings Beat
Semiconductor equipment maker Aehr Test Systems (AEHR) late Thursday beat Wall Street’s estimates for its fiscal first quarter and kept its robust growth targets for the full year. Aehr stock ju...
“Rosy” Earnings Estimates Will Hurt Bitcoin, BTC Struggles At $20K
Bitcoin continues to lose momentum on low timeframes, as bulls were unable to follow through on yesterday’s upside impulse. The cryptocurrency was rejected around the mid-area of its current levels an...
AMD Cuts Revenue Forecast Amid Worst Slump in PC Shipments in Years
Listen to article (1 minute) Advanced Micro Devices cut its revenue forecast for the most recent quarter citing weaker-than-expected demand for the personal computers that use its chips. The chip make...
AMD Revenue Warning Has Stock Falling
Advanced Micro Devices warned Thursday afternoon that it will miss its prior guidance for the September quarter, citing deteriorating demand for PCs. The chip maker’s stock is falling in after hours t...
Verizon’s ‘attractive’ dividend and growth potential earn stock an upgrade
Verizon Communications Inc. shares are fresh off their worst quarterly performance in two decades, but one analyst thinks the name deserves a fresh look. Oppenheimer analyst Timothy Horan upgraded Ver...
Expert reveals the top bank stock to own ahead of earnings
U.S. banks are scheduled to report their quarterly results next week; ahead of which, Barclays’ Jason Goldman picked Wells Fargo & Co (NYSE: WFC) as his favourite. Wells Fargo stock is more rate-s...
Where’s the beef? Rancher sentenced to 11 years for ripping off Tyson Foods of nearly $250 million in ‘ghost cattle’ scam.
A Washington state rancher has been sentenced to 11 years in prison for a nearly quarter-billion-dollar ripoff of Tyson Foods Inc. TSN, -1.22% in which it sold the meat processor more than 260,000 hea...
RBC’s Cassidy prefers ‘regionals’ over big banks ahead of earnings
Regional banks are a better pick than their bigger rivals over the next six to twelve months, says Gerard Cassidy. He’s a Senior Analyst at RBC Capital Markets. Why are the bank stocks down in 2022? B...
Twitter, Poshmark, Rivian and more
Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Che...
21 dividend stocks yielding 5% or more of companies that will produce plenty of cash in 2023
When the stock market has jumped two days in a row, as it has now, it is easy to become complacent. But the Federal Reserve isn’t finished raising interest rates, and recession talk abounds. Stock inv...
Ford’s EV Sales Nearly Tripled in September. The Stock Is Surging.
Ford Motor sales fell 9% in September but electric-vehicle sales almost tripled with the auto maker’s F-150 Lightning remaining the best-selling EV pickup truck in the U.S. The automaker said total ...
Ford’s sales up 16% in third quarter, despite September decline
Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor on Tuesday said its sales in the third quarter increased about 16% compared with a year earlier, despite a l...
U.S. auto sales fall slightly in Q3, but GM is a bright spot
DETROIT — U.S. new vehicle sales fell slightly in the third quarter, even though some automakers reported improvement in September. But there are warning signs consumers’ appetite for expensive new ca...
Tesco share price analysis ahead of interim earnings
Tesco (LON: TSCO) share price has staged an unease recovery in the past three straight days as investors wait for the upcoming earnings. The stock rose to a high of 210p, which was much higher than la...
This stock market strategist says the coming recession could be the biggest ever. ‘I recommend prayer.’
Keith McCullough, founder and CEO of Hedgeye Risk Management, isn’t one to mince words about financial markets, the Federal Reserve or the economy. Right now he has a few less-than-charitable things t...
GM third quarter sales rise 24% over 2021 totals
People look at the Cadillac Lyriq electric vehicle at the Cadillac booth at the North American International Auto Show in Detroit, Michigan on September 14, 2022. Geoff Robins | AFP | Getty Images DET...
Citi just lowered its S&P 500 price target. Here’s how likely it finds a severe recession, and what it expects from corporate earnings
Another day, another price target reduction. Strategists at Citi have reduced their year-end S&P 500 target to 4,000 from 4,200, and produced a 2023 target of 3,900. Put another way, they expect a...
Credit Suisse, Tesla, Myovant Sciences and more
Take a look at some of the biggest movers in the premarket: Credit Suisse (CS) – Credit Suisse slid 6.1% in premarket trading after the bank sought to calm the fears of investors and clients about its...
One of the world’s biggest container shipping companies is ‘too compelling to ignore,’ says analyst
With valuation at a trough and a dividend lined up for 2022, A.P. Moeller-Maersk is “too compelling to ignore” and investors should buy the shares. That’s according to analysts at Berenberg, who upgra...