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American, Southwest, Alaska Report Today With Focus On Summer Travel Demand
Thursday, April 22, 2021 - 10:25am | 2500Read More...It’s a busy day for the airlines as three major carriers report and investors wait to hear what they might say about summer travel trends. In the meantime, broader market action looks a little unsettled to start the day without much direction one way or another. It might be a bit of a wait-...
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Fasten Seatbelts Again? New Turbulence For Boeing Ahead Of Q1 Earnings
Thursday, April 22, 2021 - 10:15am | 1804Read More...Approaching Q1 earnings a year ago, Boeing (NYSE: BA) investors would have probably loved to hear that by this time, the 737 Max would be back in the air, airlines would be ordering more of that particular plane, and daily U.S. passenger numbers would be around 10 times their deepest...
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Thursday's Market Minute: Bitcoin Busts After False Breakout
Thursday, April 22, 2021 - 10:09am | 291Read More...Bitcoin futures gapped down -9.4% to start the trading week, quashing hopes for more upward movement after the previous week’s fresh all-time highs. Price action looked as though it could have been promising for bulls, breaching the upper boundary of a rising wedge pattern (which is typically...
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Tuesday's Market Minute: Inflation, Rates, And Gold
Tuesday, April 20, 2021 - 10:07am | 388Read More...The U.S. and global economies are surging back from the pandemic. Unemployment is dropping, lockdowns are less restrictive, and the demand for investment and consumption are on the rise. These factors alone are a recipe for strong growth, higher interest rates, and a stable dollar as economies in...
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DriveWealth Secures $56.7M Series C To Pursue Strategic Growth Initiatives
Wednesday, October 28, 2020 - 11:23am | 391Read More...DriveWealth, a global trading technology provider, announced a $56.7-million Series C this week to strengthen its technology, make acquisitions and scale its business. The funding round was led by Point72 Ventures, SBI Holdings, Route 66 Ventures, Mouro Capital and Fidelity International...
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AstraZeneca, Airline Stocks All Getting An Early Boost Amid Hopes For Virus Treatment Progress
Monday, August 24, 2020 - 10:01am | 2395Read More...The week starts with a bit of a head-scratcher. The major stock indices are flying on hopes for new tools to fight COVID-19, but fixed income is stuck in place. The 10-year yield ended last week at 0.64%, and then made a dramatic move all the way to 0.638% as of an hour before the opening bell. Let...
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Friday's Market Minute: Tech Rolls On
Friday, August 7, 2020 - 10:20am | 222Read More...Nasdaq-100 futures made new all-time highs this week, breaking above the 11,000 level after two failed attempts last month and logging eight days of gains during the past nine for a 7% rise. Bulls have been stampeding since the COVID-19 selloff, and the tech-heavy index is now up a staggering 70%...
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Alibaba, Tencent Among Stocks Hit By US-China Tension; Jobs Number A Step In Right Direction
Friday, August 7, 2020 - 10:14am | 2511Read More...Investors might be breathing a sigh of relief as Friday’s jobs report didn’t sound too many alarms about the U.S. economy. At the same time, there could be some rough water to navigate on the way to the weekend as China tension mounts and wheels spin in Washington. The U.S....
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Disney, Wynn Resorts, Activision All Expected To Report After Closing Bell
Tuesday, August 4, 2020 - 11:47am | 2518Read More...In normal times, this afternoon’s earnings schedule would feel like fun and games with Walt Disney Co. (NYSE: DIS), Wynn Resorts, Ltd. (NASDAQ: WYNN), and Activision Blizzard, Inc. (NASDAQ: ATVI). As everyone likely knows, things are far from normal, so there...
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Tuesday's Market Minute: Gaming In The Pandemic
Tuesday, August 4, 2020 - 11:36am | 258Read More...Activision Blizzard, Inc. (NASDAQ: ATVI) reports earnings after the bell today, with Zacks estimating EPS of $0.68 and a revenue of $1.69 Billion, compared to $1.21 Billion a year ago. Video game companies may expect to see a boost from stay-at-home orders; Take-Two Interactive, reporting last...
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Walmart Earnings Ahead: Sales Figures May Offer Outlook For Spending During Coronavirus Lockdown
Monday, May 18, 2020 - 5:06pm | 1522Read More...Few retailers might be able to write the history book on navigating the coronavirus pandemic as well as Walmart Inc (NYSE: WMT). The first chapter has already been written and investors will get to see it when the nation’s largest retailer opens its first-quarter books this week. It...
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Walmart, Target And Home Depot Among Major Retailers Set To Report Earnings In Days Ahead
Monday, May 18, 2020 - 10:52am | 2269Read More...Auto racing returned over the weekend, but that isn’t the only reason the market looks like it could be off to a fast start Monday. Focus ahead of the opening bell turned toward bullish hopes around reopenings and possible progress on the vaccine front. Overseas markets rose across the board...
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Monday's Market Minute: The Week Ahead For Traders And Investors
Monday, May 18, 2020 - 10:12am | 326Read More...Looks like the focus this week will be on the Fed: Powell, Rosengren, Williams, and Brainard are set to speak. Jobs and housing data will also be closely watched. Weekly jobless claims are still trending lower; last week’s 3.2M job loss was half of the 6.6M we saw in the initial surge related...
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Friday's Market Minute: What Happens to the Startups?
Friday, May 15, 2020 - 9:35am | 266Read More...Unemployment rose by another 2.9 million jobs the week of May 9th, bringing the total loss of jobs to nearly 36.5 million. While some of those layoffs and furloughs may be temporary, that number is likely dwindling the longer the pandemic goes on. Many startups, especially the ones pushing for...
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Airline Stocks Could Be In Focus Today After Trump Promises Support
Tuesday, March 17, 2020 - 10:27am | 2165Read More...The market is attempting a rally this morning after more heavy selling yesterday, but with volatility near record levels it’s far from certain whether gains will last throughout the day. Equity index futures hit their limit-up stops overnight before easing back. Perhaps some of the...















