Market News
Walmart Shoppers Are Perfect For New Auto Partnership
Forbes - 24 Oct 2018 14:14Antagonistic Fed, Tidal Change Toward Higher Rates At Heart Of Market's Worry
Forbes - 24 Oct 2018 13:36
Concern remains the Fed will overdo rate hikes, and cause a recession. History shows this concern to be legitimat
Foreign investors' $100 billion bet on Indian markets put to test
livemint.com - 24 Oct 2018 08:50
Foreign funds have pulled some $2.6 billion from Indian stocks this month through Monday, according to exchange data.
UPS profit gets boost from smaller tax bill, rise in online shopping
CNBC - 24 Oct 2018 13:22
UPS reported a 20 percent rise in quarterly profit as the company's tax bill nearly halved and it benefited from a boom in online shopping.
Barclays and Deutsche Bank: A Tale Of Two Investment Banks
Forbes - 24 Oct 2018 23:26
Barclays and Deutsche Bank both have struggling investment banking divisions. Perhaps it is time for them to consider a radical strategy.
The message for the Horlicks maker in the Complan deal
livemint.com - 24 Oct 2018 23:24
Horlicks maker GSK Consumer's sales growth has slowed down and it also faces similar market challenges as former Complan maker Heinz India
Challenges persist for Wipro despite healthy Q2 results
livemint.com - 24 Oct 2018 23:24
The near-term challenges shouldn't blind investors to medium-term prospects, as analysts see a strong deal pipeline helping Wipro match or exceed average peer growth rate in 2019
Expect IndiGo Q2 results to rub off on Jet Airways, SpiceJet as well
livemint.com - 24 Oct 2018 23:24
It will hardly be surprising if after IndiGo Q2 results, investors of SpiceJet and Jet Airways mark down their expectations substantially
Q2 results: Bajaj Auto's aggressive pricing strategy hits profits
livemint.com - 24 Oct 2018 23:24
Bajaj Auto's overall motorcycle market share rose by 2-3 percentage points in the September quarter, but that wasn't enough to enthuse investors as the stock tumbled 4.3% after the Q2 results
Late-Day Selloff Sends Stocks To 5-Month Low; Key Technical Levels Breached
Forbes - 24 Oct 2018 23:10
An early morning rally, helped by strong earnings from Boeing (BA), quickly faded, turning the board into a sea of red by the end of the day. The rout wiped out 2018 gains, and sent volatility soaring.
AMD plummets after giving weak fourth-quarter revenue guidance
CNBC - 24 Oct 2018 22:34
AMD is projecting fourth-quarter revenue of $1.45 billion, below consensus estimates of $1.6 billion and essentially flat from the fourth quarter of 2017.
Ford shares jump after strong truck sales help third-quarter results beat expectations
CNBC - 24 Oct 2018 22:15
The automaker faces challenges from rising materials costs and a struggling international business. But it continues to benefit from a shift toward trucks and sport utility vehicles in North America.
Microsoft rises on earnings beat, but Azure growth slows
CNBC - 24 Oct 2018 21:32
Microsoft's Azure cloud revenue growth slipped to 76 percent in the fiscal first quarter. But overall revenue and earnings were above expectations, sending shares higher after hours.
U.S. Stocks Are Nowhere Near A Bubble Today
Forbes - 24 Oct 2018 18:08
I'm going to tell you why "The Longest Bull Market Ever" narrative is nonsense. I'll also give you my blueprint for investing in today's uncharted waters that helped my RiskHedge subscribers secure double-digit gains.
Boeing's Post-Earnings Rally: Rising Above The Clouds
Forbes - 24 Oct 2018 18:00
After reporting better-than-expected third-quarter results and management raising its full-year guidance, Boeing stock rallied, washing away some of the losses from the October market correction.
AMD Earnings: Tariff Showdown Doesn't Seem To Be Impacting AMD Much So Far
Forbes - 24 Oct 2018 17:48
Chipmaker AMD reports earnings after market close on Wednesday, October 24. With the stock still up substantially in 2018, here's a look at what might be expected from the company's upcoming report.
Directions, Please? Market Seems Rudderless As Morning Earnings Look Mixed
Forbes - 24 Oct 2018 15:53
The market looks like it might struggle for direction today after yesterday's dramatic midday reversal. A strong set of numbers from Boeing contrast with mixed results from some other big names reporting early on.