Wall Street is finding some traction for Tuesday, as investors wade through big earnings and ample, gloomy distractions. Fighting has ramped up again in Ukraine as the battle begins for the country’s ...
Tag: Markets
IBM Sales Growth Tops Estimates, Powered by Software and Consulting
Text size IBM has a dividend yield of 5.2%, the highest of any stock in the Dow Jones Industrial Average. Ethan Miller/Getty Images IBM posted better-than-expected first-quarter financial results, as ...
Natural Gas Markets Get Clobbered
Natural Gas Technical Analysis Natural gas markets have gotten crushed during the trading session on Tuesday to break down and test the $7.00 level. While I would not go so far as to say this is the e...
Cramer cites 3 reasons why the market rallied on a day it had no business doing so
Wall Street should have been down Tuesday, yet the stock market had a great run. The usual suspects — tons of negative analyst notes, rising bond yields, mixed earnings, light housing data and spiking...
Bank of America CEO says spending is healthy despite roaring inflation
Bank of America CEO Brian Moynihan told CNBC’s Jim Cramer on Tuesday that Americans are spending heartily, even as inflation continues to roil the economy. “In the month of March ’22...
Johnson & Johnson Suspends Vaccine Sales Guide, Boosts Dividend
Updated at 12:46 pm EST Johnson & Johnson (JNJ) – Get Johnson & Johnson Report posted stronger-than-expected first quarter earnings Tuesday but lowered its full-year profit forecast, an...
Netflix, IBM, Disney and more
Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Check out the companies making headlines after the bell: Netflix — Shares of the streaming giant plummeted 25% after reporting a...
Fed’s Bostic expresses caution about the pace of interest rate hikes
Atlanta Federal Reserve President Raphael Bostic on Tuesday expressed concern about the impact that rate hikes could have on the U.S. economic recovery, saying the central bank shouldn’t move so...
Institutional Investors Turn Cautious As Crypto Markets See Second Straight Week of Capital Outflows: CoinShares
According to a leading crypto asset manager, institutional investments in digital asset products have been declining for the second week in a row, suggesting investors are getting cautious. In the lat...
Robinhood to launch in UK with deal to buy crypto app Ziglu
A woman holds a smartphone with the Robinhood logo in the background. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Robinhood said Tuesday it has agreed to buy Ziglu, a London-based finte...
Crypto markets bounce from early week lows | Trading Ideas| OKX Academy
Cryptocurrencies surged on Tuesday, despite a grim start to the week’s price action. The total cryptocurrency market is up almost 2% today after BTC gained 6% and ETH jumped more than 7%. NEAR is outp...
Twitter, Johnson & Johnson, WeWork and more
Vials labelled “COVID-19 Coronavirus Vaccine” and syringe are seen in front of displayed Johnson & Johnson logo in this illustration taken, February 9, 2021. Dado Ruvic | Reuters Check...
Markets Wait For PBOC, Internet Stocks Play Catch Up
China Last Night KraneShares Key News There was a strong storm in NYC last night. The wind howled like a hurricane, waking me up several times. My patchy sleep was similar to Asian markets, which were...
Saxo Markets Selects Ken Shih to Lead Digital Wealth Services in Greater China
Saxo Markets, the licensed subsidiary of Saxo Bank, a fintech specialist that connects people to investment opportunities in global capital markets, has appointed Ken Shih the Head of Wealth Managemen...
Gold House launches $30 million fund to invest in entrepreneurs of Asian descent
Megan Ruan knows firsthand how representation can impact funding for entrepreneurs. She recalled being the only woman of color working at a family office earlier in her career and running a portfolio ...
Netgear, Zendesk, WeWork and more
Take a look at some of the biggest movers in the premarket: Netgear (NTGR) – Netgear tumbled 10.6% in premarket trading after the networking equipment maker reported weaker-than-expected preliminary r...
Investors cautious on China markets amid growth concerns, delisting fears
While mainland Chinese stock fund held onto inflows, European stock funds saw billions of dollars in net outflows in the first quarter, with declines in Japanese stock funds as well, according to EPFR...
U.S. to end anti-satellite ASAT testing; calls for global agreement
A Standard Missile-3 (SM-3) launches from the U.S. Navy’s USS Lake Erie at a non-functioning National Reconnaissance Office satellite on Feb. 20, 2008 as an anti-satellite weapons U.S. Departmen...
Spectrum Markets Sees188% Rise in Q1 2022 Trading Turnover
Spectrum Markets, which offers securities derivatives trading services across Europe, reported a 44 percent year-over-year increase in its trading volume in the first three months of 2022. The press r...
Elon Musk Hints At $42 Billion Tender Offer In Latest Twitter Twist
Updated at 3:50 pm EST Twitter (TWTR) – Get Twitter, Inc. Report shares moved higher Monday, but still sit well below the takeover price offered by Tesla (TSLA) – Get Tesla Inc Report CE...
Market will break out of slump due to peaking inflation: Evercore ISI
The market slump may be in its final innings. According to Evercore ISI’s Julian Emanuel, stocks should start grinding higher due to peaking inflation. He cites a positive trend going back to th...
Algorithm Known for Outperforming Crypto Markets Favors Ethereum (ETH), Terra (LUNA), Solana (SOL) and One Additional Altcoin
A robot that’s earned a reputation for outperforming the markets is revealing its latest crypto portfolio allocations. Every week, the Real Vision Bot conducts surveys of cryptocurrency-related data i...
Southwest Gas Stock Soars. It’s Exploring a Sale and Other Alternatives.
Text size Flared natural gas being burned off. Spencer Platt/Getty Images Southwest Gas said Monday its board authorizedthe review of a full range of strategic alternatives, includinga sale of the com...
Nelson Peltz hosted Joe Manchin for fundraiser featuring Republican megadonors
Nelson Peltz, left, and Joe Manchin CNBC; Reuters Wall Street veteran Nelson Peltz hosted a $5,000 a plate fundraiser for Sen. Joe Manchin at the billionaire’s sprawling Florida estate last mont...
Twitter, Bank of America, Charles Schwab and more
In this photo illustration, the Twitter logo is displayed on the screen of an iPhone in front of a computer screen displaying Twitter logos. Chesnot | Getty Images Check out the companies making headl...
IBM Reports Earnings Tuesday. What to Expect.
Text size Wall Street projects IBM will post revenue of $13.8 billion for its first quarter. MIGUEL MEDINA/AFP via Getty Images When IBM reports first-quarter earnings on Tuesday, Wall Street will be ...
Natural gas surges to highest level since 2008 as Russia’s war upends energy markets
A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas prices su...