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With inflation still high and economic growth slowing sharply we could be heading toward...
Fortune· 2 days agoSpending so long trying to protect against an economic downturn, only to find themselves confronted with the possibility of stagflation, has now thrown investors for a loop. “I’m not worried ...
Altria's earnings top estimates and tobacco company reaffirms full-year guidance
Morningstar· 3 days agoAltria Group Inc. matched profit estimates for the first quarter, while revenue net of excise taxes squeezed a small beat and the company backed its full-year guidance, reiterating ...
Alphabet joins the $2 trillion market-cap club - and could vault above Nvidia
Morningstar· 2 days agoAlphabet Inc.'s stock is cruising toward one of the best performances in its history on Friday, following an earnings report that drew effusive praise from analysts. Alphabet shares (GOOG) ( ...
Nike needs a win, and it’s betting on Caitlin Clark to deliver one
Market Watch· 6 days agoAs part of the Nike deal, Clark would be getting a signature shoe, something almost unheard of for a...
Hertz's stock is having an awful week, and BofA adds to investors' misery
Morningstar· 2 days agoThe lowlight of the decline was Thursday's 19.3% tumble after the company reported a much wider-than-expected quarterly loss. BofA analyst John Babcock downgraded the stock ...
Microsoft and Apple are safer bets than the U.S. government? Bond investors seem to think so.
Market Watch· 3 days agohave been dipping below U.S. Treasurys on a spread basis. The Apple bonds coming due in May 2025...
Meta's First Quarter Earnings Call Focuses On Broad A.I. Use Cases Including A.I. Glasses
Wccftech· 3 days agoIn another stunning set of drops for Wall Street's favorite A.I. firms, Facebook parent Meta could lose most of its gains made after Q4 2023's earnings report. Heading into today's release, ...
Humana stock reverses lower as earnings outlook to remain unclear for months
Morningstar· 4 days agoShares of Humana Inc. reversed lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare ...
U.S. oil prices head for lowest finish in a month, traders weigh demand
Market Watch· 3 days ago“The bull camp should be very disappointed with the crude-oil market reaction to [Wednesday’s] much...
U.S. economy takes a step backward in April, S&P surveys show, as demand weakens
Morningstar· 5 days agoThe numbers: The U.S. economy lost momentum in April, a pair of S&P surveys found, as businesses reported a decline in new orders and reduced employment for the first time since the pandemic ...