Market News
Alphabet shares spike after earnings show Q1 revenue hit wasn't as bad as expected
CNBC - 29 Apr 2020 16:27
CFO Ruth Porat said there was an "abrupt" drop-off in ad revenues in March but Alphabet has yet to see "further deterioration."
Time for a Faster Turnaround at Ford
Wall Street Journal - 29 Apr 2020 15:47
The upheaval caused by Detroit's coronavirus shutdowns may offer Ford Chief Executive Jim Hackett his last chance to show investors he can turn the U.S. industrial icon around.
Auto Loans Are Running on Fumes
Wall Street Journal - 29 Apr 2020 13:00
Auto loans are emerging as one the of hardest-hit categories of credit amid the coronavirus pandemic.
On The Rebound: Industries To Watch (and Avoid) As Markets Move Higher
Forbes - 29 Apr 2020 02:21
As this recovery progresses, investors should emphasize long-term growth sectors and stocks and avoid areas of the market that are likely to lag.
With BTS Concerts At A Standstill, Agency Behind The World's Most Popular Boy Band Faces Its Biggest Challenge Yet
Forbes - 29 Apr 2020 23:35$5 Stocks Becoming $10 Stocks
Forbes - 29 Apr 2020 23:23
Ragamuffins unite! You've nothing to lose but $5 a share. During the coronavirus-press of heightened volatility, I owned trillion-dollar market capitalizations like Amazon and Microsoft. But I also mothered half a dozen ...
Microsoft's stock rises after company reports 15% sales jump and says coronavirus had 'minimal' impact on revenue
CNBC - 29 Apr 2020 23:07
Microsoft beat estimates on the top and bottom lines, and it said coronavirus impact was minimal.
Facebook soars after reporting 'stability' in ad revenue after fall in March
CNBC - 29 Apr 2020 22:55
Facebook shares rose as much as 10% in after-hours trading on Wednesday after the company announced its first-quarter results.
Qualcomm rises after earnings, but sees 30% drop in phone shipments in future
CNBC - 29 Apr 2020 22:55
The chip maker is being closely watched because it sells parts and licenses technology to most of the world's top smartphone makers.
These 10 U.S. States Are Best Prepared For A Deep Recession
Forbes - 29 Apr 2020 22:38
By some estimates, states could be facing their deepest budget shortfall on record due to the COVID-19 crisis.
Facebook Shares Jump 10% After Reporting 'Signs Of Stability' In Ad Sales
Forbes - 29 Apr 2020 22:21
The company saw a decline in advertising revenue in March due to the coronavirus, but said April was off to a better start.
Fed Will Leave Rates At Zero As Powell Vows Continued Aggressive Action To Prop Up Economy
Forbes - 29 Apr 2020 22:03
There were no new policy actions from the central bank on Wednesday, but Chairman Powell says he expects previously announced corporate credit facilities to launch very soon.
Monthly Outlook For Gold And Yields
Forbes - 29 Apr 2020 21:28
It has been quite a month for the financial markets and technical analyst Tom Aspray shares his monthly analysis of the gold futures and the outlook for interest rates.
Bitcoin Surges 15% In A Day--But Why?
Forbes - 29 Apr 2020 21:01
Bitcoin prices have been climbing back in recent weeks, after cratering last month. When will the digital asset hit the $9,000 level again?
How Real Is The Inflation Risk?
Forbes - 29 Apr 2020 21:00
Should investors be worried about runaway inflation? Commonwealth CIO Brad McMillan says we're not there yet.
U.S. Treasury Yields Climb After Fed
Wall Street Journal - 29 Apr 2020 20:38
U.S. government-bond yields rose after the Federal Reserve held interest rates steady and signaled it would continue to do so until the economy is back on track.
CFRA Analysts Highlight 6 Health Sector Buys For Your Portfolio
Forbes - 29 Apr 2020 19:31
In spite of Covid-19 and global recession concerns, we have a positive outlook on the biotechnology sub-industry; we expect to see a ramp-up in new drug sales; the continued development of many new, innovative therapies;...
China Manufacturing Profit In 'Deep Contraction'
Forbes - 29 Apr 2020 19:20
China's recovery is now more dependent on the U.S. and Europe getting over the new SARS coronavirus.
Blue Apron Has Too Few Cooks in the Kitchen
Wall Street Journal - 29 Apr 2020 19:19
Meal-kit provider Blue Apron is cooking up safe-at-home specialties, but the tables have already emptied.
Wall Street's Long-Term Disconnect From Main Street Portends Tough Times Ahead
Forbes - 29 Apr 2020 19:13
This morning's release of Gross Domestic Product (GDP) - the standard measure of a nation's economic activity - contains an important warning that equity market investors would do well by heeding.
Barclays Makes Case for Unloved Universal Banking
Wall Street Journal - 29 Apr 2020 18:14
Investment banking turned out to be a useful string in Barclays' bow during the turbulent first quarter. That might not end arguments over the British lender's strategy, though.
Why the Economy Was Even Worse than the GDP Report
Wall Street Journal - 29 Apr 2020 18:14
The government has reported that in the first quarter the economy experienced its sharpest contraction since 2008. The reality was likely even worse.