Analysts love these 5 stocks ahead of their earnings reports
A bottle of Diet Coke is pulled for a quality control test at a Coco-Cola bottling plant in Salt Lake City, Utah. George Frey | Getty Images With earnings season now in full swing, Wall Street analysts are advising clients...
Libra hearings may give bitcoin ‘much-needed political momentum’: CoinShares strategy chief
Congress is going crypto. Lawmakers from the U.S. Senate and House of Representatives heard testimony this week regarding Facebook’s Libra project in the interest of finding a way to regulate the digital payment system and ascertain how it is different...
Here’s why so many Americans can’t come up with $400 to pay for an unexpected expense
Hero Images | Hero Images | Getty Images The statistic is used to show how unequal things have become in the U.S.: Some 40% of Americans would struggle to come up with even $400 to pay for an unexpected bill....
Trump’s public attacks have ‘no effect’ on Fed policy, Rosengren says
Eric Rosengren, president and chief executive officer of the Federal Reserve Bank of Boston at the Brookings Institution in Washington, D.C., on Jan. 8, 2018. Andrew Harrer | Bloomberg | Getty Images President Donald Trump’s constant berating of the Federal...
Your first trade for Friday, July 19
The “Fast Money ” traders shared their first moves for the market open. Steve Grasso was a buyer of Zoetis. Karen Finerman was a buyer of Red Robin. Dan Nathan was a seller of Microsoft. Guy Adami was a buyer...
NY Fed clarifies Williams speech that market took as signal of a rate cut
John C. Williams, president and CEO of the Federal Reserve Bank of New York speaks to the Economic Club of New York, March 6, 2019. Lucas Jackson | Reuters When New York Federal Reserve President John Williams said central bankers...
A deep rate cut is required to battle ugly earnings trend, James Bianco says
Market researcher James Bianco believes Wall Street is teetering closer to an earnings recession. Unless the Federal Reserve intervenes with a bigger-than-expected 50 basis point cut, he’s worried that year-over-year earnings growth rates for the second and third quarters will...
Stocks making the biggest moves after hours: Netflix, IBM, eBay and more
Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Check out the companies making headlines after the bell: Netflix fell more than 12% in after-hours trading following the release of its second-quarter earnings. The streaming...
The market is nearing a milestone that could be more important than Dow 27,000, S&P 500 3000
Don’t gush over Dow 27,000. Never mind the S&P 500 summiting 3000. A more momentous milestone lies just ahead: If the S&P 500 climbs another 4%, it will have doubled the peak reached in the previous bull market. Only three...
The news on semiconductors is bad, and it will likely get worse
ASML Holding Semiconductor company logo seen displayed on smart phone. ASML is a Dutch company and currently the largest supplier in the world of photolithography systems for the semiconductor industry. ( SOPA Images | LightRocket | Getty Images Could the...
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