Markets are trending up, aside from the Dow which is on track to close lower for the second straight day, behind mostly positive earnings beat this week. Yesterday, earnings from Facebook and Microsoft topped expectations and supported markets while Visa was able to beat expectations but saw shares lower. Major earnings to monitor today include […]
Major U.S. indices started the day trading lower before leveling out ahead of a bevy of big-name earnings set to release today, while one major earnings report already released. Boeing first-quarter earnings were released before market open today as well as Facebook, Microsoft, and Tesla after market close. Other notable reports set to release today […]
Markets modestly trade today ahead of the biggest week of earnings this quarter thus far, with over 500 reports set to release. Industry leaders Amazon, Boeing, Facebook, Microsoft, Twitter, as well as other notable market influencers, will report their first-quarter earnings while Q1 U.S. GDP is due Friday. Oil’s recent surge can be attributed to […]
RoboStreet – April 18, 2019 All Things 5G are the Focus of Attention The bulls have managed to maintain the upper hand with the market’s near-term momentum, even as the healthcare sector has come under severe selling pressure in reaction to the “Medicare For All” campaign. The rhetoric surrounding single-payer health insurance is sending shock […]
U.S. stocks and major indices were trending up today behind impressive earnings and today’s positive retail data. Philip Morris, Honeywell, and American Express reported earnings before market open today while recent moves by Pinterest, Uber, and Lyft are also worth noting. Today, the Department of Justice released the Mueller report which was partially redacted and […]
Markets are struggling for direction today behind underwhelming Netflix guidance and a troubling IBM earnings report. Apple and Qualcomm headline today’s news after settling all outstanding disputes the two rivals had in three continents, creating slight gains for Apple while Qualcomm shares soared, currently up over 10%. Other major earnings in play today include PepsiCo, […]
Major U.S. indices are trading modestly lower today on the first day of a shortened trading week with markets closed on Friday for Good Friday observance. Last week, major earnings season kicked off with a few big name banks topping expectations only to see shares slide. Today, Citigroup and Goldman Sachs reported first-quarter earnings, while […]
RoboStreet – April 11, 2019 America’s Heavyweight Big Box Retailer When asked about who dominates the retail sector, most investors will say either Amazon.com (AMZN) or Walmart Inc. (WMT) – arguably the two 800-pound gorillas by sheer size. Amazon.com is the de-facto online e-commerce giant and no one occupies more retail brick and mortar floor […]
Major U.S. indices surprised investors yesterday by closing higher following the release of the March FOMC meeting minutes, after trending down for most of the day. Today, indices return to negative territory and are trading slightly lower. Yesterday’s rebound was likely sparked by the confirmation within the policy update that there will likely be no […]
U.S. Stocks are trading modestly higher after positive inflation sentiment made rounds following today’s release of March CPI, slightly up behind gas and electricity spikes but pointing to an overall slowdown of inflation. Today’s major news to monitor includes major bank CEO’s meeting in D.C. to testify before the House Committee of Financial Services as […]
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