Major U.S. indices are on track to close in the red, erasing yesterday’s gains, following continued uncertainty and global reactions to U.S.-China trade conflict. Several global central banks have begun adopting easy-money policies, cutting interest rates in response to the growing tensions and increase of tariffs between two of the world’s top economies. Earnings season […]
U.S. stocks are trending down on Monday as earnings season slows down and trade uncertainty continues to grow. Last week, President Trump announced an additional 10% tariffs will be added on $300 billion worth of Chinese goods which sent markets sharply lower. This week look for Disney, Marriott, Kraft-Heinz, and Uber earnings as well as […]
RoboStreet – August 1, 2019 5G Rollout Has Long Runway of Future Stellar Growth There’s a lot of buzz surrounding the advances of 5G technology and how it will provide blazing speed resulting in much smoother connectivity for streaming, downloading files, browsing, fostering data crunching for AI, boosting big data transfer, and connecting the billions […]
Following the FOMC decision yesterday to cut rates for the first time since 2008, markets lowered but have since rebounded today. All three major U.S. indices are on track to close in the green as earnings and the latest Fed moves continue to get factored into market sentiment. Verizon and General Motors reported before the […]
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 […]
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