Stocks lowered following the conclusion of the two-day FOMC meeting which introduced an interest rate cut. The Federal Reserve decided to cut rates by a quarter percentage point and indicated more rate cuts could follow in the upcoming Federal Open Market Committee meetings. Fed Chair Powell met with the press following the policy update release, […]
Major U.S indices are trading to mixed results today as China and U.S. trade representatives meet in Shanghai for the first face to face since both Presidents met in Japan during the G20 summit. This comes in the midst of Q2 earnings season where stocks have reached record highs. Major earnings to monitor this week […]
RoboStreet – July 25, 2019 5G Stocks Leading Tech Sector Higher The Nasdaq traded to a new all-time high this week, thrust higher by strength in the semiconductor sector where 5G technology is all the rage. The Philadelphia Semiconductor Index (SOX) rose 15% in just one week, hitting a fresh all-time high as well. Chip […]
After closing to mixed results yesterday, major U.S. indices opened lower today ahead of today’s significant Q2 earnings data. Google parent company Alphabet Inc, Amazon, and Intel are due to release their corporate earnings after the market closes. Also reporting today will be Comcast, Starbucks, 3M, T-Mobile, and Raytheon. Also influencing markets today are reports […]
Major U.S. index futures are split today following disappointing Boeing and Caterpillar earnings, released before the market opened. After the market closes, look for Facebook and Tesla earnings while tomorrow we will see Amazon, Google, Intel, and Comcast report Q2 earnings. Yesterday, shares rose off impressive earnings data from Snap, Coca-Cola, and Chipotle. PayPal, Spirit […]
Major U.S. indices are trading modestly higher today after closing lower on Friday, with focusing firmly shifting to Q2 earnings this week. Following Halliburton’s pre-market release today, this week will feature several big-name earnings reports, including Coca-Cola, Visa, Facebook, Boeing, Comcast, Starbucks, McDonald’s, Twitter, and Amazon. U.S home sales, both existing and new, and Q2 […]
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 […]
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