Warren Buffett, chairman and CEO of Berkshire Hathaway David A. Grogan | CNBC Warren Buffett’s Berkshire Hathaway this week again added to his already-enormous stake in Bank of America at a time when the coronavirus pandemic dampens the economic outlook and interest rates hold near record lows. A Securities and Exchange Commission filing showed Buffett’s
Month: July 2020
Amazon, Facebook, and Apple are only the most recent examples of a notable trend: earnings much better than expected. The reopening story may be getting rocky, but one pleasant surprise has been earnings. They are far noisier than normal, but in general they have been better than expected. Much better. And that is one of
Take a look at some of the biggest movers in the premarket: Caterpillar (CAT) – The heavy equipment maker reported quarterly earnings of $1.03 per share, beating the 64 cents a share consensus estimate. Revenue also topped forecasts. The beat came even as sales tumbled from a year ago due to a pandemic-related slump in
Just like flying, Spirit Airlines (NYSE:SAVE) is the best bargain when it comes to airline stocks. And did you know, SAVE stock has been one of the best performers over the past few months? Source: Markus Mainka / Shutterstock.com Over the past one and three months, Spirit stock is down 11% and up 20%, respectively.
What in store for American Airlines (NASDAQ:AAL) post-pandemic? Sure, a rapid comeback in AAL stock is possible. But, compared to other airline plays, it faces a tougher road ahead. Source: GagliardiPhotography / Shutterstock.com How so? Firstly, one could argue that low-cost carriers like Southwest (NYSE:LUV) are better airline recovery plays. Secondly, the airline faces more
During its third quarter earnings results on Thursday Apple said that the company’s shareholders approved a four-for-one stock split. Stock splits are cosmetic, meaning they do not change anything about a company’s underlying fundamentals. They can lead to renewed interest from smaller investors by making the shares — which are now cheaper — more accessible.
A woman works at a distrubiton station at the 855,000-square-foot Amazon fulfillment center in Staten Island, New York, on February 5, 2019. Johannes EIsele | AFP | Getty Images Check out the companies making headlines after the bell: Facebook — The social media giant’s stock surged 6% in extended trading following the release of the company’s
Intel (NASDAQ:INTC) shares fell off a cliff last week after management announced production and shipment delays for the company’s next-gen 7-nanometer chip. These delays mean the biggest headwind for INTC stock will persist. And its competition will keep leveraging superior products to steal market share. Source: Sundry Photography / Shutterstock.com Needless to say, Wall Street
The U.S. has been using natural gas for two centuries, making natural gas stocks a source of profits for a long time. Prices of energy commodities like natural gas are important for consumers and investors alike. Earlier in the year, natural gas prices in the U.S. dropped to 25-year lows. As a result, in early
If ever there was a symbol of Robinhood traders, beleaguered car-rental company Hertz (NYSE:HTZ) would be it. Hertz stock defied convention, as it unexpectedly spiked soon after the company filed for bankruptcy protection. While the firm itself has laid out 18 specific reasons why its stock has become a risky bet, investors are still piling
After a rough open on the downside, equities coasted higher throughout Thursday’s trading session. That said, here’s a look at a few top stock trades amid a busy earnings week. Top Stock Trades for Tomorrow No. 1: Apple (AAPL) Apple (NASDAQ:AAPL) is set to report earnings after the close on Thursday. It will be joined
The market expected a 32 bcf build Natural gas has been trying to recover A $2 target, but the bears will return with a vengeance Since late June, the natural gas futures market is attempting to establish a pattern of higher lows and higher highs. The energy commodity received a vote of confidence from none
Tonight on Thursday Night Stock Charts Live we discuss Amazon and Facebook earnings and we will look at their charts. We will also discuss if we are seeing the large cap stock market names getting ready to break down. So, is it time to short the stock market or is now a good time to
CNBC’s Jim Cramer said President Donald Trump’s Thursday morning tweet that suggested delaying the November election could cause problems for equity investors. “It sows chaos, and chaos is bad for the stock market,” Cramer said on “Squawk on the Street.” Dow futures extended their fall slightly in the wake of Trump’s tweet. They then made
Jason Gorevic, CEO, Teladoc Scott Mlyn | CNBC Earnings reports are coming in fast and furiously, and with a large percentage of companies declining to provide guidance, reporters and analysts are combing through corporate press releases and earnings calls for signs of how business is doing. Semiconductors continue to be the all-round winner Equipment maker
Take a look at some of the biggest movers in the premarket: Procter & Gamble (PG) – The consumer products company earned $1.16 per share for its fiscal fourth quarter, 15 cents a share above estimates. Revenue came in above forecasts as well. Organic sales rose 6%, with particular strength in cleaning products boosted by
Some companies seemed to come out of the woodwork during the spread of the novel coronavirus. Alpha Pro Tech (NYSEAMERICAN:APT), for example, was relatively unknown to the trading community prior to this year. Today, APT stock is not only heavily traded, but it’s also starting to look expensive. Source: Pavel Kapysh / Shutterstock.com By that
Not that long ago, Tesla (NASDAQ:TSLA) was struggling to prove the concept of electric vehicles. Today, seemingly everyone wants to get in on the action. The latest to intrigue speculators is Fisker. Currently, the automaker is negotiating a merger deal with Spartan Energy (NYSE:SPAQ), a Special Purpose Acquisition Company (SPAC). Although SPACs have distinct risks,
In our live stream Swing Trading. Today we discuss if it is time to sell silver, gold and the gold mining stocks. We will do some Technical Analysis to determine resistance levels on the stock charts. ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video
The stock market is holding up well because it believes three things are happening: A vaccine is coming, there will be almost infinite stimulus from the Federal Reserve, and the second quarter was the worst for corporate profits and those profits will slowly improve. But there’s a subtext to much of the belief in higher
- 1
- 2
- 3
- …
- 16
- Next Page »