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The Organization of the Petroleum Exporting Countries (OPEC) is expected to make a strong case to continue with production cuts in its monthly report due on Tuesday as dominant member Saudi Arabia...
* Reports Wednesday, May 15, before the open* Revenue Expectation: $13.47B, EPS: $0.99The Chinese e-commerce giant, Alibaba (NYSE:BABA) has a lot at stake when it reports 4Q earnings on Wednesday. Its...
Friday’s rebound was too little too late but that doesn’t mean trade will curtail the U.S. bull market Technicals show increasing red flags, with all major US indices falling below...
With U.S.-China trade tensions continuing to consume much of the market's attention, it’s tough to stay focused on earnings results and other economic indicators that, so far, have remained...
Like the Pied Piper of Hamelin, U.S. President Donald Trump rid the oil market of its excessive supply by imposing sanctions on Iran and Venezuela. Then when OPEC didn’t give him the payback he...
Uber Technologies Inc. (NYSE:UBER) produced quite a few winners yesterday after raising $8.1 billion in the biggest initial public offering of 2019. Some of Uber’s top employees, Silicon Valley...
U.S. natural gas production is hitting record highs week after week. But bets for a spike in summer heating and LNG (liquified natural gas) demand is preventing prices of the fuel from caving,...
Away from the daily market noise and volatility, there are some old-economy stocks that don’t get as much investor attention as they deserve. The new-born Dow Inc. is one such player, which...
The Reserve Bank of New Zealand today reduced its benchmark interest rate for the first time since 2016 to 1.50% from 1.75%. The bank also signaled another potential cut to counteract slowing economic...
The seemingly endless flow of tech initial public offerings (IPOs) continues. Over the past few months we've been relatively skeptical about many of these offerings, including Lyft (NASDAQ:LYFT) and...
U.S. futures attempt rebound from steepest U.S. stock tumble since Christmas-eve rout European, Asian shares keep sliding; Chinese assets take a hit from trade balance data Yen and gold continue...
The payments industry is undergoing rapid change, with noncash payments disrupting existing systems. The transformation has created a competitive battleground between already established companies in...
In the world of oil sanctions, the Trump administration likes to think it’s already winning one battle and will soon triumph in the other.But as Washington rewards, on Wednesday, a general who...
* Reports Wednesday, May 8, after the close* Revenue Expectation: $14.48B, EPS: $1.57Walt Disney Co. (NYSE:DIS) shareholders have many reasons to be cheerful these days. Not only is the...
As the Japanese yen continues to strengthen for the third consecutive day, it isn’t clear whether the move is due to the currency's safe-haven status or because of conflicting interpretations of...
U.S. futures, European shares remain under pressure despite China confirming trade talks U.S. indices pare losses but VIX spikes, raising a red flag Yen continues to strengthen but drivers are...
If you ever considered investing in Alphabet, Google’s parent company, you probably noticed that it trades under two different ticker symbols: GOOG and GOOGL. Which one is the better buy? Is...