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Positive U.S. data and earnings flip sentimentBut falling yields suggest lingering virus concernsHong Kong’s Hang Seng dropped 3% after reopening post-holidayKey EventsU.S. index futures,...
Global financial markets were whipsawed this week, with Wall Street suffering its most crushing selloff in about four months on Jan. 27, as concerns grow over the coronavirus outbreak centered in...
* Reports 4Q 2019 results on Wednesday, Jan. 29, after the close* Revenue expectation: $20.88B * EPS expectation: $2.52 When Facebook (NASDAQ:FB) reports its fourth quarter earnings tomorrow, they...
The Dow Jones Industrial Average fell 1.57% yesterday, the sharpest drop since Oct. 1, wiping out all its 2020 gains. The combination of a deadly virus — whose potential damage to the economic...
Investors regained some confidence after global effort to limit China virus spreadDespite virus headlines, week full of important earnings and central banks policiesTechnically, U.S. stocks have...
Could the simple laws of physics be applied to the cannabis sector? Namely, as 2019 showed, marijuana stocks that go up – way up – can have the equal and opposite reaction, and go down...
Based on logic, palladium prices should have continued crashing with stocks, oil and other assets carrying risk related to China and its debilitating coronavirus. Yet, from what we know — or, at...
The Fed's policymaking, Federal Open Market Committee (FOMC) will undergo a significant shift at its January meeting this week, as four new regional chiefs rotate into voting positions.Also on the...
Facebook (NASDAQ:FB) is due to release earnings after market close on Wednesday, Jan. 29, for the fiscal quarter ending December 2019. The forecast is for EPS of $2.52 on revenue of $20.88 billion, up...
Fears rippled through Asia as the spread of the virus escalated, with 80 deaths so far All four major U.S. futures contracts are signaling an exacerbated selloff for underlying benchmarks Oil...
When Abdulaziz bin Salman delivered his surprise production choke to oil bears in December, the Saudi Energy Minister was only concerned about turbo-charging oil prices as much as possible for the...
* Reports Q1 2020 results on Tuesday, Jan. 28, after the close * Revenue expectation: $88.38B * EPS expectation: $4.54 No other earnings report is as important to investors as the one which the iPhone...
The European Central Bank (ECB) left monetary policy unchanged last week even as its president, Christine Lagarde, launched the first strategic review of the central bank's targets and tools in 16...
S&P 500, Russell 2000 suffer worst selloff since October Treasurys rise as yields fall to a three-month low Past virus outbreaks had no lasting impact, but after strong equity performance a...
In a week that's packed with a variety of mega earnings reports, there's one fear that is likely to keep investors distracted: the coronavirus from China that has so far killed at least 56 people and ...
* Reports 4Q 2019 results on Wednesday, Jan. 29, after the close* Revenue expectation: $6.95 billion * EPS expectation: $1.64 Looking at the share price of Tesla (NASDAQ:TSLA), it doesn’t seem...
Being the first to call something is a privilege — especially if you’re right.So when Olivier Jakob of Zug, Switzerland-based oil risk consultancy PetroMatrix termed the new coronavirus...