An attendee walks past Ukraine’s booth at the Web Summit 2022 technology conference in Lisbon, Portugal. Patricia De Melo Moreira | afp | Getty Images LISBON, PORTUGAL — As the war in Ukraine rages on, the country’s tech entrepreneurs are trying to stay positive. “I don’t think there’s anything in the world that can kill … Read more
Trades on the floor of the NYSE, October 28, 2022. Source: NYSE Here are the key news investors need to start their trading day: 1. Green October US stock markets are poised to wrap up a great month as October comes to a close. The Dow may actually reach its best month since 1976, while … Read more
Stocks are set to exit October with a tail wind but will immediately face a Federal Reserve meeting in the first days of November that could help decide the course of trading for the rest of the year. The Fed is widely expected to raise its target fed funds rate by three-quarters of a point … Read more
Apple’s earnings received a drastically different reaction from investors than its Big Tech peers Amazon, Google, Microsoft and Facebook. Shares of Apple were up about 7% Friday morning, the day after Apple reported earnings that showed 8% annual sales growth and despite misses on estimates for iPhone and services revenue. Apple looks like a “relatively … Read more
Dealer on the floor of the NYSE, October 25, 2022. Source: NYSE Here are the key news investors need to start their trading day: 1. Time to call IT The stocks were on their way to Wednesday. The major US indices had another big day on Tuesday, with stocks’ winning streak extended to three days. … Read more
Sundar Pichai speaks on stage during the first day of Vox Media’s 2022 Code Conference in Beverly Hills, California. Jerod Harris | Getty Images Entertainment | Getty Images Alphabet reports third-quarter earnings Tuesday after 1 p.m. Here’s what Wall Street expects. Earnings per share (EPS): $1.25 according to Refinitiv estimates. Income: $70.2 billion, according to … Read more
Equities are expected to take a cue from the bond market in the coming week as investors weigh earnings from bullish Apple, Microsoft and Alphabet. Strategists continue to watch the market’s trading patterns for signs that a bottom is forming after the washout on Oct. 13, when the market first fell and then rallied sharply … Read more
Texas Attorney General Ken Paxton speaks during a news conference after the U.S. Supreme Court heard oral arguments in President Joe Biden’s attempt to overturn a Trump-era immigration policy that forced migrants to stay in Mexico to await U.S. hearings on their asylum applications, in Washington. United States, April 26, 2022. Elizabeth Frantz | Reuters … Read more
Kodiak Robotics truck in front of an IKEA store. Source: Kodiak Robotics Self-driving truck startup Kodiak Robotics said it has begun a pilot program with IKEA in Texas. A semi truck equipped with the Kodiak’s autonomous driving system makes daily trips from an IKEA warehouse near Houston to a store near Dallas, about 300 miles … Read more
Investors looking for bargains may have trouble finding them in today’s market — even though the S & P 500 is down 23% from its January peak, stocks are historically expensive, according to Goldman Sachs’ David Kostin. Still, there are a few places the firm recommends investors look for value and grab stocks that are … Read more