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Financial technology (fintech) stocks have been hot in recent years. And the explosion of e-commerce in 2020 has put companies that facilitate digital transactions firmly in the limelight.Within the...
On Wednesday, Jan. 27, electric carmaker Tesla (NASDAQ:TSLA) is scheduled to report Q4 2020 earnings results after the closing bell. We expect an EPS of $1.04, on revenue of $10.47 billion, versus...
Reports Q4 2020 results on Wednesday, Jan. 27, after the market close Revenue Expectation: $26.31 billion EPS Expectation: $3.16 Judging by the company’s remarkable turnaround in the third...
Strong results from European financials outweigh US stimulus concerns Bitcoin lower despite positive sentiment Oil recovers Key EventsFutures on the Dow, S&P and Russell 2000 were marginally up...
Recent days saw the four major U.S. indices hit all-time highs. Yet, not every sector had a strong 2020. Namely, shares of companies in the energy, leisure, travel, insurance and real estate sectors,...
Cannabis stocks traded lower almost across the board yesterday, with some of the biggest names recording losses of 2%-7%, as investors collectively opted to cash in on gains since the beginning of the...
On his first day in office, President Joseph Biden signed a raft of executive orders to reverse actions by his predecessor Donald Trump. Conspicuously missing from the pile was an order to cancel...
Treasury yields tumbled on Monday as a raft of bad news sent investors to the safe haven of U.S. government bonds.Where to begin? It turns out Democrats don’t have as complete control of the...
On Dec. 8, we discussed the possibility of an upside breakout from a rising channel for Boeing (NYSE:BA) shares. At that time we advocated for a long position based on the technical chart, in case of...
Reports Q2, 2021 results on Tuesday, Jan. 26, after the market close Revenue Expectation: $40.23 billion EPS Expectation: $1.64 When tech giant Microsoft (NASDAQ:MSFT) releases its latest...
Supportive Fed policy joins Biden administration fiscal policy to buoy additional stimulus expectations Tencent surge sets tone for global tech shares Key EventsUS futures for the S&P 500, Dow...
Wall Street is on track this week for a flood of quarterly earnings reports from some of the US's biggest companies. Investors will be paying special attention to Big Tech and other businesses whose...
The White House’s progress on the stimulus front will likely decide the path for most commodity prices this week, including gold. But oil's ability to hit new highs may be determined more by how...
Investors will be listening carefully to the tone of remarks coming from the Federal Open Market Committee meeting this week even as they don’t expect any significant changes in monetary...
Tech sector makes a comeback on worsening economic outlook Earnings releases could provide market boost in the week ahead With the chances of political drama weighing on markets now less likely, after...
Stocks on Wall Street ended mixed on Friday, but the major averages still managed to score a winning week, as the market shifted its focus to the the start of the fourth-quarter earnings season.The...
After this past week's peaceful inauguration of the US's new President, Joseph Biden, politics now moves to the background. For markets, the coming week will be all about corporate results and the...