Microsoft (NASDAQ: MSFT), along with the vast majority of other tech companies, is not expected to be immune to the effects of an economic downturn. Yet, its resilience and growth could cement their ...
Tag: Stock
Stock futures extend Dow rally as Netflix earnings beat estimates
U.S. stock futures traded higher on Wednesday morning after a sharp rally for the three major indexes during Tuesday’s regular trading session. Dow Jones Industrial Average futures rose 83 point...
Netflix stock is gaining momentum; Here’s what boosted its performance
The highly expected Netflix (NASDAQ: NFLX) earnings had numerous areas to cover, which were of the utmost importance for the future of the company. Subscriber numbers, the potential launch of advertis...
Bitcoin mining stock report: Monday, July 18
Most bitcoin mining stocks went up on Monday, as bitcoin’s price temporarily surpassed $22,000. As of press time, the price was around $21,600, according to TradingView. Some stocks rose by doub...
Exxon stock outlook: Piper Sandler sees a 25% upside
Exxon Mobil Corp (NYSE: XOM) down 15% from its year-to-date high is a fantastic opportunity to hope onto a stock that’s ripe for a rebound, says Ryan Todd. He’s a Senior Research Analyst a...
Netflix Stock Surges On Q2 Profit Beat, Subscriber Growth Forecast
Updated at 5:17 pm EST Netflix Inc. (NFLX) – Get Netflix Inc. Report posted better-than-expected second quarter earnings Tuesday, but lost nearly 1 million subscribers and forecast softer near-...
Boeing Stock Continues Ascent As Order Pipeline Swells At Farnborough Airshow
Boeing stock popped to a two-month high Tuesday as the embattled plane maker disclosed a swelling order book at the Farnborough International Airshow. X Boeing (BA) on Tuesday announced orders for fiv...
Why the stock market still hasn’t priced in a full recession
Recession calls are growing by the day, but the stock market remains wary of fully pricing in this scenario for the economy. Despite enduring the worst start to a year since 1970, the benchmark S&...
AT&T Looks Impressive to a T Ahead of Earnings
AT&T (T) has struggled and made missteps in the past but we want to be forward looking. The company is scheduled to report earnings before the opening of trading Thursday, so let’s check out...
LMT Stock: Lockheed Slashes Guidance After Earnings Miss As Defense Giants Wipe Out Ukraine Invasion Gains
Lockheed Martin (LMT) on Tuesday reported second-quarter earnings and revenue came in below analyst expectations, and the defense giant also slashed guidance. LMT stock closed flat on Tuesday after br...
Skechers stock could tank as much as 50% from here: short-seller warns
Skechers USA Inc (NYSE: SKX) is already down nearly 30% versus its year-to-date high but Spruce Point Capital Management warns the stock could continue to plunge moving forward. Skechers stock could p...
The Stock Market May Have Hit Bottom. Here’s Why.
Text size Commodity prices have tumbled in the past month, with oil and copper down 17% and 33%, respectively. Michael M. Santiago/Getty Images It never feels good when the stock market turns big gain...
Halliburton shares jump 3% at open as HAL stock beats earnings
On July 19, Halliburton (NYSE: HAL) reported earnings for the second quarter, beating the earnings-per-share (EPS) estimates of $0.49 by $0.04. The company announced a net income of $109 million, or $...
IBM stock tanks after reporting earnings
International Business Machines (NYSE: IBM) reported quarterly earnings on July 19, garnering attention from market participants. With over 60 companies reporting earnings this week, a common thread o...
One gaming stock that could perform well during a sluggish market
With talks of an ensuing recession looming above the markets, investors may be looking for industries and stocks that could be resilient during a downturn. The answer to these issues could be located ...
Scaramucci Halts Withdrawals in a Fund After Stock, Crypto Swoon
(Bloomberg) — Anthony Scaramucci’s Skybridge Capital suspended redemptions in one of its funds after sharp declines in stocks and cryptocurrencies, according to people familiar with the decision...
CZ: As ‘Pure Web3 Company,’ Binance Has No Plans to Offer Stock Trading
Regardless of how many new users it could attract, Binance isn’t interested in offering users the ability to trade stocks. CEO Changpeng Zhao told Decrypt on the latest gm podcast that cryptocurrency ...
Stock Futures Rise amid Generally Bleak Market as Goldman Sachs Posts Better-than-Expected Earnings
The stock futures tied to all three major indexes advanced after Goldman Sachs’ latest earnings report came in better than expected. Goldman Sachs (NYSE: GS) finally released its anticipated earnings ...
One video game stock to see you through a dull market
With talks of an ensuing recession looming above the markets, investors may be looking for industries and stocks that could be resilient during a downturn. The answer to these issues could be located ...
Lockheed and Pentagon near $30 billion deal; What it could mean for LMT stock?
Lockheed Martin (NYSE: LMT) is looking to provide the U.S. government with roughly 375 F-35 fighter jets over a three-year period. Namely, reports surfacing on July 18 pointed to the U.S. Department o...
Dow Jones Futures Rise After Stock Market Stages Nasty Reversal With Netflix, Tesla Earnings Due
Dow Jones futures were higher following Monday’s nasty stock market reversal ahead of Netflix earnings, due out Tuesday. Tesla earnings are on deck for Wednesday. X Earnings season continues, wi...
Binance CEO Says They Have No Plans to Offer Stock Trading, Will Remain Pure Web 3 Company
Binance CEO said that his company aims to remain a pure Web 3 company and would not just take bets for the sake of it. Binance is also eyeing some potential acquisitions in this bear market. Binance C...
Nancy Pelosi’s husband buys millions in Nvidia stock before semiconductor vote
The husband of House Speaker Nancy Pelosi just bought as much $5 million worth of stock in software and computer-chip company Nvidia, publicly available financial disclosures show. According to the di...
GE Is Splitting Its Businesses. Does That Make the Stock a Buy?
General Electric (GE) – Get General Electric Company Report stock is rallying on July 18, up about 2% amid a broader market rally. But company-specific news is driving it higher as well. While ...
Nancy Pelosi’s husband just bought over $1 million of this chip stock right before a $52 billion subsidy vote — is there still time to tag along?
Nancy Pelosi’s husband just bought over $1 million of this chip stock right before a $52 billion subsidy vote — is there still time to tag along? If Keith Gill, wallstreetbets, and GameStop are names ...
Stock futures are flat after Dow reverses course to start busy earnings week
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Stock futures were flat after the Dow Jones Industrial Average slumped mor...
Boeing stock is an ‘attractive investment’ for the next twelve months
Boeing Co (NYSE: BA) will take at least three years to return to its pre-pandemic stock price, but it’s still a fantastic investment for the next twelve months, says Colin Scarola. He’s a Senior Equit...
Delta Air Lines could be a $57 stock: Citi analyst
Shares of Delta Air Lines Inc (NYSE: DAL) are up roughly 6.0% on Monday after a Citi analyst opened a 90-day “positive catalyst watch” on the legacy U.S. air carrier. Delta Air Lines stock...
Boeing Stock Leaps After 130 737 Max Order From Delta Air Lines
Updated at 10:42 am EST Boeing (BA) – Get The Boeing Company Report shares powered higher Monday after Delta Air Lines (DAL) – Get Delta Air Lines Inc. Report said it will buy at least 1...
Google’s stock split won’t matter in a recession, analyst says
Shares of Alphabet Inc. slumped Monday, with MKM Partners analyst Rohit Kulkarni saying the impact of an economic slowdown could offset the benefits from the long-waited stock split taking effect. The...