Traders work after the opening bell at the New York Stock Exchange (NYSE) on August 15, 2019 at Wall Street in New York City. JOHANNES EISELE | AFP | Getty Images Earnings in 2019 are setting a low bar to clear in 2020, paving the way for stocks to continue their record-setting rally, according to
A customer holds a shopping basket inside a Grocery Outlet Holding Corp. store in San Francisco, California, U.S., on Thursday, June 20, 2019. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of DXC Technology plunged 17% during extended trading after the IT company reported second
It’s a tricky time to be an investor right now. The market keeps climbing to new highs, but the threat of a recession continues to loom as political uncertainty and troubling macroeconomic factors keep investors from getting too comfortable. The result has been an unstable bull market in which traders are constantly worried about a
Kraft Heinz (NASDAQ:KHC) reported third-quarter results on Oct. 31 that were mediocre. However, it did manage to report earnings per share of 69 cents, 15 cents higher than analysts’ average estimate. Kraft Heinz stock jumped more than 13% on the positive surprise. Source: Casimiro PT / Shutterstock.com As a result of the better-than-expected earnings, my
If you bought shares of Qualcomm (NASDAQ:QCOM) stock back in 1999 at $88 a share, I feel a bit sorry for you. And if you held on to QCOM stock throughout the decades, you finally achieved break-even last week and now you’re in the green. Source: Akshdeep Kaur Raked / Shutterstock.com What a long, strange
It was a relatively quiet session in the stock market today, at least when it comes to the overall indices. However, one bit of interesting news making the rounds was the new potential leader of WeWork. When WeWork was trying to come public, we addressed it in the Stock Market Today column. The company was
With the decade drawing to a close Bank of America has identified 10 important investing themes to watch over the next 10 years. Underpinning the list is the tectonic societal shifts that the firm anticipates will play out over the next decade. The firm said that the coming decade will be “unlike any before it”
The initial public offering of Saudi Arabia’s big oil company could be priced right in the middle of what could be a volatile period for oil. Saudi Aramco intends to price its IPO on Dec. 5, the same day OPEC begins its regular two-day meeting in Vienna. The Aramco stock, equal to 0.5% of the
Everybody and his uncle was buzzing about Canopy Growth (NYSE:CGC) stock last week — and given how it shot up like Evel Kenievel out of a cannon, I can’t blame them for their enthusiasm. At the risk of burying the lead, as they say, I’d like to direct your attention to the equally important player in
Even though the U.S.-China trade war is seemingly easing, it could flare back up again at any time. As a result, many investors are still looking for defensive stocks to buy now. Of course, in the most extreme example, you can elect to go all into cash. However, history has proven that to be the
It’s already here. The sights. The sounds. The red cups. The holiday spending frenzy is once upon us — whether we are ready for it or not. For many retail stocks, this is the most critical period all year. The don’t call it Black Friday for nothing. However, the consumer spending environment continues to get
After slumping earlier in Monday’s session, the Dow Jones Industrial Average stormed back to notch a modest gain of 0.03% to start the week. That’s not spectacular, but it’s also decent considering where the blue-chip index started the day and the sheer amount of Dow-related headlines there were for market participants to digest today. Source:
Oil ministers meet in early December Russia is an influential factor Saudi Arabia has a particular reason to increase production cuts Bullish and bearish factors continue to pull the price of crude oil in opposite directions these days. The crude oil market has changed dramatically over the past years. The United States has moved towards
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on October 3, 2019 in New York City. Drew Angerer | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.)
Job seekers wait in line to enter a job fair hosted by JobExpo.com in Dallas. Ben Torres | Bloomberg | Getty Images Weekly jobless claims have been so steady, they aren’t on many investors’ radar as a major report. But if this number suddenly started rising, that’s when it’s time to worry about the economy
Behind most great companies and their stocks is an all-star management team that keeps calling the right shots. As investors, we tend to forget this. We get caught up in the quarterly earnings reports, the stock price movements, the headline announcement, so on and so forth. We often forget the people running the show. But,
Rite Aid (NYSE:RAD) has been a slow-motion train wreck for years. Since its highs of $173 in early 2017 to its less than stellar lows of $5.50, investors have left RAD stock for dead. Source: NYCStock / Shutterstock.com And, it’s all thanks to heavy competition that sent revenue streams plummeting, taking with it margins and
It was a triple-whammy on Thursday, with investors waking up to a gap-up open in the stock market today. It took The Dow Jones Industrial Average, Nasdaq Composite and S&P 500 to new all-time highs, as the bulls continue to flex their muscles. Initially, stocks surged near the open, pushing higher as China and the
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Firefighters battle a wind driven wildfire in the hills of Canyon Country north of Los Angeles, California, U.S. October 24, 2019. Gene Blevins | Reuters California’s biggest utilities aren’t the only U.S. companies grappling with the increased force and frequency of wildfires. The number of S&P 500 firms flagging “wildfire” as a potential risk factor