Stocks making the biggest move premarket: AAPL, SBUX, BABA, NWL, KORS & more
Check out the companies making headlines before the bell: Apple – Apple reported quarterly profit of $2.91 per share, above the consensus estimate of $2.78 a share. Revenue also beat expectations, however its shares are being pressured by weaker-than-expected iPhone...
Exxon Mobil shares gain after quarterly profits beat Wall Street’s expectations
Exxon Mobil reported quarterly profit and revenue that beat Wall Street’s expectations, even as the oil major saw another drop in total oil and gas production. The latest report reversed a series of earnings disappointments for Exxon. Prior to this...
Apple has ‘something to hide’: Here’s what every major analyst had to say about its earnings report
Apple’s stock sank in Friday’s premarket, a day after the company reported disappointing iPhone shipment data and provided guidance for its first fiscal quarter that fell short of analyst expectations. But Wall Street analysts told clients on Friday they were...
Since WWII, history suggests 100% chance of post-midterm election rally
A long-time Wall Street market watcher is offering investors encouragement. According to LPL Financial’s Ryan Detrick, the stock market’s wild swings will likely fade following Tuesday’s midterm elections. His case stems from history. He went back to World War II,...
China’s answer to Las Vegas has one of the world’s biggest per-person economies
Macau, known as China’s answer to Las Vegas, is one of the wealthiest places in the world. In fact, according to the International Monetary Fund, it’s expected to surpass Qatar in 2020 as the location with the highest gross domestic...
Investor sentiment in Europe is sinking despite a solid earnings season
European equities lost ground in October despite solid third-quarter results for most companies across the region. Europe’s benchmark Stoxx 600 index fell 6 percent for the month, despite a strong 1.7 percent rally on the final session of trade. This...
Trump has reportedly asked officials to draft a possible trade deal with China
U.S. President Donald Trump has asked officials in his administration to start drafting the terms of a possible trade deal with China, Bloomberg reported Friday, citing four unnamed sources familiar with the matter. A major remaining issue is intellectual property...
Trump is showing he ‘actually wants’ a trade deal with China, Stanford expert says
Despite ramping up his complaints about Beijing and lobbing new threats of additional tariffs on Chinese imports, U.S. President Donald Trump wants to seal a trade deal with China, according to one expert. Trump’s Thursday Twitter post is evidence of...
Wells Fargo: A double-digit market rally is coming
A monster rally for the stock market is coming, Wells Fargo’s head of equity strategy, Chris Harvey, told CNBC on Thursday. He says the recent sell-off has unlocked value and created a “great opportunity.” “People act as if this was...
Stocks making the biggest moves after hours: Apple, Starbucks and more
Check out the companies making headlines after the bell: Apple shares fell nearly 5 percent in after-hours trading despite releasing its fiscal fourth-quarter earnings report that beat expectations on the top and bottom lines. The company reported earnings of $2.91...
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Trading education
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