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Market News

Location American Market News for 26 July 2018
Many tech companies were seen as immune from trade tensions, but Facebook released a worrying outlook just as that benefit may wane.
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The coffee giant has struggled with sales in the U.S. for several quarters.
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Intel beat expectations but still saw its stock fall on second-quarter earnings results amid delays of technology for upcoming products and a pending CEO search.
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Amazon misses on revenue but earnings came in more than double what the Street expected
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Exxon Mobil To Report A Strong Quarter Backed By Higher Price Realization Exxon Mobil (NYSE:XOM), the world's largest publicly traded oil and gas company, is set to report its June quarter financial performance on 27th July 2018. The market expects the company to post a solid performance drive...
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System Admins Provided The Key Insight To Advanced Micro Devices Yesterday, AMD reported impressive Q2 results, and today the stock is up over 13%. Tony Mitchell thinks AMD has a lot more upside and is not selling.
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A Ramp Up In Keytruda Sales Will Likely Drive Merck's Q2 Earnings Growth Merck (NYSE:MRK) is set to report its Q2 2018 earnings on July 27, and we expect the company to post steady growth, primarily led by its Oncology drug Keytruda. Among other segments, Anti-Infectives will likely remain sl...
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How Did Boeing Perform In Q2?

Forbes - 26 Jul 2018 20:34
How Did Boeing Perform In Q2? Boeing (NYSE:BA) posted good results this time around. The company managed to beat both the revenue and earnings consensus estimates, by a comfortable margin. That said, profits in the quarter came in significantly lower...
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HDFC AMC's IPO subscribed 5.52 times on second day

livemint.com - 26 Jul 2018 20:15
HDFC AMC's IPO subscribed 5.52 times on second day By 5pm today, the portion of shares reserved for institutional investors was subscribed 5.89 times, while the portions reserved for retail investors, HNIs were subscribed 3.5 times and 13.91 times respectively
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Reiterating $19 Price Estimate For UBS Despite Lukewarm Q2 UBS reported lukewarm results for the second quarter of the year earlier this week, as net outflows from its cornerstone wealth management division coupled with a one-time jump in interest expenses muted the impact of st...
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CRISPR Chaos: 3 Shorts And A Buy In Gene Editing MoneyShow contributor John McCamant issues short sale recommendations for three stocks in the gene-editing biotech space. The editor of The Medical Technology Stock Letter talks about recent news and repeats a Strong Buy...
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Was Facebook's Stock Plunge Warranted?

Forbes - 26 Jul 2018 19:40
Was Facebook's Stock Plunge Warranted? Facebook announced its second quarter results on Wednesday, July 25, reporting a massive 42% year-over-year increase in revenues to $13.2 billion. In addition, its operating income jumped 33% to $5.8 billion, and net inc...
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2 Cybersecurity Names For Contrarian Stock Traders Cybersecurity stocks Fortinet and CyberArk landed on a list of stocks to buy
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Is This The Dot-Com Bubble Revisited? Sure Looks Like It As many times as I try to convince myself that today's stock market environment is not eerily similar to those that preceded multiple years of financial pain for the overconfident or unaware investor (or financial adviso...
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Indian funds lack expertise in turning around stressed assets: Reshmi Khurana of Kroll The Sunil Mehta Committee does not address the fundamental reasons why India has such high level of NPAs, says Reshmi Khurana, MD and head of South Asia, Kroll
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For Bitcoin 'Moon,' Just Wait Till Institutional Investors Show Up When moon, as cryptocurrency enthusiasts often ask each other. Soon as institutional investors come in.
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Comcast's Vision For Its Future

Forbes - 26 Jul 2018 17:40
Comcast's Vision For Its Future Comcast Corp reported earnings before Thursday's open and explained why it walked away from the bidding war with Disney and outlined its vision for the future.
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5 Reasons Dunkin' Donuts is Dominating Starbucks Dunkin' Donuts just posted earnings that beat Wall Street expectations. How is Dunkin' doing with customers in comparison to it's much larger rival Starbucks?
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Intel Earnings Preview: CEO Out, Stock Has Been Beating S&P 500 Intel Corporation's earnings are scheduled to be released after the closing bell on Thursday, July 26. Here's a look at what might be expected from the semiconductor giant's report.
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Facebook shares plunge to historic low as data scandals take a toll Facebook shares plunged as much as 20% Thursday, wiping out more than $120 billion in market cap--the largest ever loss of value in one day for a US traded company
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Social Setback: Facebook's Disappointing Results Might Weigh On Nasdaq The market might get pulled in different directions today, with tech licking its wounds after Facebook's results but other sectors perhaps getting a lift from improved trade tidings. Keep an eye out for Amazon after the ...
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AMD stock rises on strong earnings

CNBC - 26 Jul 2018 15:35
The chipmaker beat estimates for both revenue and earnings per share.
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