Text size Verizon offered better-than-expected guidance for 2022. David Paul Morris/Bloomberg Verizon Communications delivered as-expected results for the 2021 fourth quarter on Tuesday morning, and m...
Tag: S&P 500 Index
The Federal Reserve is likely to signal a March rate hike
U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, ...
Why the Floor for Bitcoin’s Price Is Zero
Text size What matters for Bitcoin is price momentum. Dreamstime A few thoughts early in the trading week: Recent crypto buyers who are sitting on deep losses surely don’t need me reminding them that ...
Crypto winter? Investors fear bitcoin has further to drop
Two commemorative bitcoins pictured in front of a Tesla car during cold weather on Jan. 7, 2022. Artur Widak | NurPhoto via Getty Images As cryptocurrency investors reel from the sharp sell-off in bit...
Growth slowdown to spark 10% stock plunge, Morgan Stanley warns
Investors may be playing with fire. According to Morgan Stanley’s Mike Wilson, the S&P 500 is vulnerable to a 10% plunge despite Monday’s late buying binge. He warns investors are dang...
Major Equity Averages Have Negative Weekly Charts
(Photo by Drew Angerer) Getty Images The five major equity averages ended 2021 with positive weekly charts. This was no longer the case after the first week of 2022. The Dow Jones Industrial Average (...
5 things to know before the stock market opens Monday, Jan. 24
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street to open lower after Nasdaq’s worst week since March 2020 Traders on the floor...
Tesla, AT&T, Apple, Microsoft, Visa, and Other Stocks to Watch This Week
Text size Uncredited It will be a packed week of fourth-quarter earnings releases, with more than 100 S&P 500 companies scheduled to report. IBM and Halliburton are Monday’s highlights, followed ...
Fastenal and 4 More Companies That Raised Their Dividends This Week
Text size Fastenal increased its quarterly dividend by 11%. Luke Sharrett/Bloomberg Fastenal , Consolidated Edison , and J.B. Hunt Transport Services were among the U.S. companies that declared divide...
Charts suggest S&P 500 may struggle through early February
CNBC’s Jim Cramer said Friday that technical analysis of Wall Street’s so-called fear gauge indicates the S&P 500 faces a challenging outlook in the near term. “The charts, as in...
Apple Stock Gets a Big Target Price Boost. Supply-Chain Problems Are Improving.
Text size Apple has faced tough supply-chain challenges. Things could be looking up. Chris McGrath/Getty Images Tech stocks were getting hammered again Friday, but there was good news on the radar for...
Why Is Ford Stock Down Again Today? A Downgrade Is Hitting Shares.
Text size Ford stock has climbed 95% over the past year. Brandon Bell/Getty Images Ford Motor stock has been been on a tear, cruising by most analyst price targets. That leaves analysts in an interest...
‘We Were Wrong’ About Exxon’s Prospects, Analyst Says
Text size Scott Olson/Getty Images A former bear on Exxon Mobil has changed his tune, and acknowledged that he underestimated the company’s comeback last year. RBC Capital Markets analyst Biraj Borkha...
Virgin Galactic Stock Is Worth Just $10, Analyst Says
Text size Virgin Galactic stock closed on Tuesday down 85% from an all-time high of almost $63 set back in February 2020. Courtesy Virgin Galactic Investors in space tourism pioneer Virgin Galactic Ho...
Jim Cramer says not all stocks are struggling to start 2022
CNBC’s Jim Cramer said Wednesday he believes it’s possible for investors to build a successful portfolio despite Wall Street’s tough start to 2022. “Real companies doing real t...
Plug Power Just Gave Bullish 2022 Sales Guidance. The Stock Is Down.
Text size Investors will be listening to Plug Power’s conference call to hear how hydrogen technology is developing and being adopted. Courtesy Plug Power Hydrogen fuel cell technology provider ...
Ford’s Rivian Stake Is Worth Billions. Why That Might Be a Problem.
Text size Ford Motor Company’ logo Jeff Kowalsky/AFP via Getty Images Despite recent stock volatility, Ford Motor is making a mint on its investment in electric truck startup Rivian Automotive ....
U.S. stock futures are little changed ahead of more earnings reports
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, January 12, 2022. Brendan McDermid | Reuters U.S. stock futures were little changed Monday night as traders braced for the ...
Is the Stock Market Open Today? These Are the Martin Luther King Jr. Day 2022 Hours.
Text size Traders work on the floor of the New York Stock Exchange. Spencer Platt/Getty Images Investors looking for a brief respite from two weeks of volatile trading on Wall Street may get one on Mo...
Banks’ Earnings Show Lenders Aren’t All the Same. It’s Time to Pick and Choose.
Text size JPMorgan Chase and Citigroup both reported declines in trading revenue. Justin Sullivan/Getty Images The time has come to take a stock-picking approach to investing in banks. That was the le...
Satellite TV Can’t Be Saved With a DirecTV-Dish Merger
Text size In some parts of the country where cable access is limited, Dish and DirecTV remain the only way to get pay-TV subscriptions. Daniel Acker/Bloomberg For 20 years now, Dish Network and rival ...
Value Gets Its Moment. Consider These Stocks and ETFs.
Buy the dip, wrote J.P. Morgan’s strategists early this past week. As calls to courage go, it wasn’t exactly Churchill during the Blitz. The dip in this case was a 2% decline, year to date, in the S&a...
Stock Market Suffers Worst Week Since 2020. Here’s What Comes Next.
Text size The decline has been painful for investors who have been trained to buy on the dips. Michael Nagle/Bloomberg A bad start to 2022 just got a whole lot worse. The Dow Jones Industrial Average ...