RoboStreet – July 18, 2019 5G Still in Early Stages of Hyper-Growth As earnings season unveils the good, bad, and ugly performing companies for the second quarter, one thing that stands out in the tech sector is: investment into 5G technology is strong. The race by service providers to have a complete footprint of 5G […]
U.S. Stocks continue to slip behind mixed Q2 corporate earnings, with all three major U.S. indices on track to close in the red. Netflix earnings did not impress investors with even lower than expected subscription data which caused shares of the streaming giant to lower by 10%. IBM, however, saw shares rise following Q2 earnings […]
All three major U.S. indices are on track to close lower today after edging lower on Tuesday. Bank of America second-quarter earnings were released this morning, topping expectations and helping shares rise. The first of FANG earnings are due to release today with Netflix reporting after the market closes. IBM and eBay are also scheduled […]
Major U.S. indices are mostly muted today, trading slight gains and slight losses in early morning trading. Several big-name banks are due to release their second-quarter corporate earnings this week, first up is Citigroup which reported before market open today. Look for Charles Schwab after market close today, while JPMorgan Chase, Goldman Sachs, and Wells […]
RoboStreet – July 11, 2019 Stocks Rally Off Strong Tailwinds From Fed Narrative Fed Chairman Jerome Powell spent this week on Capitol Hill laying out his view of the economy, addressing concerns about slowing global growth, and signaling an interest rate cut at the end of the month when the Fed meets. To what extent […]
Building off yesterday’s gains, major U.S. indices are on track to reach new records following Fed Chairman Jerome Powell’s second day of testimony in D.C., today appearing in front of the Senate Banking Committee. Yesterday, the Nasdaq was able to reach record territory by gaining over 60 points while today the S&P and Dow are […]
Markets are on the move up today following dovish comments by Fed Chairman Jerome Powell to Congress as part of a two-day testimony. Delivering the semiannual Monetary Policy Report Powell, this will be Powell’s first appearance since last month’s FOMC, which held rates at 2.25% to 2.50%, for which speculation has grown, indicating rate cut […]
Major U.S. indices retreated in early morning trading following last week’s impressive gains. The latest June employment reports produced impressive numbers and lowered investor-confidence for interest-rate cuts. Look for Fed Chair Jerome Powell to speak later this week as well as last month’s FOMC minutes to be released Wednesday, providing some guidance on future Fed […]
RoboStreet – July 4, 2019 Believe It Or Not – Bitcoin Is Back These are crazy times for stock market investors. The major averages are within a whisker of new all-time highs while global bond yields are plunging to new historic lows amid a flood of economic data pointing to a broad-based slowdown in growth […]
Markets remain on the move up this week with the S&P recorded its third straight day at an all-time high level and its fifth straight day in the green. All the three major indices are on track and closed in positive territory while the Dow set its first record day since last year. Today’s trading […]
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