Visa, American Express Weigh on the Dow Monday
Visa, American Express, Boeing, and Microsoft were the Dow's leading losers Monday.
All Work
Paul Ausick
US Gas Price Moves Higher for First Time in 3 Weeks
U.S. pump prices for gasoline rose for the first time in three weeks to start the week at $2.87. That's still a dime a gallon less than the high so far this summer. But…
IBM Tries to Drum Up Bank Support for Blockchain FX Settlement
IBM and CLS Group have announced Monday a proof-of-concept project called LedgerConnect that uses blockchain (distributed ledger) technology to provide a variety of services to big banks. What are its chances of success?
Tesla Preview: Bumps Remain, but Trend Is Positive
Analyst Gene Munster of Loup Ventures previews Tesla's second-quarter earnings report due after markets close Wednesday. The company still claims it will be cash-flow positive by the end of Q3, but a what happens…
June Pending Home Sales Rise, Still Lag Year-Ago Levels
Pending home sales rose nearly a full point in June after two months of declines. The report from the National Association of Realtors is encouraging, but sales have lagged year-ago levels for six straight…
Positives Outweigh Negatives for Back-to-School Spending
Retail sales for the 2018 back-to-school season are riding a wave of good economic news and could increase by as much as 4% year over year according to Coresight Research.
What Tariffs? Caterpillar Is Doing So Well It Is Raising Prices
Caterpillar had a stronger-than-expected quarter, with revenues and profits beating consensus estimates. The company sees some impact from tariffs, but sales remain strong enough for it to raise prices.
Loup Study: The Science of Soccer Diving
Analysts at Loup Ventures take a detailed look at the art--or is it, science-- of diving in soccer. They focus on the so-called comical dive and the results are not what you might expect.
IPO News This Week: Real Estate Giant, Home Speaker Maker Top Week’s 5 IPOs
After a week that saw 11 IPOs enter the public market, the coming week takes a bit of breather with 5 offerings on tap. A top global real estate firm leads the potential entrants.
4 US Housing Markets Offering Surprising Profitability
When U.S. home prices collapsed in 2006, some cities were hit hard. According to a report earlier this year from CoreLogic, at the market peak in November 2006, 67% of U.S. homes were overvalued,…
Did Apple Sell 45 Million iPhones Last Quarter?
All eyes are going to be turned to Cupertino after markets close Tuesday when Apple reports fiscal third-quarter results. Estimates for iPhone sales are modest enough that a surprise might be possible.
Procter & Gamble Trades Higher but Remains Dow’s Laggard
Procter & Gamble saw its share price improve last week but not enough to lift it from its ranking as the worst-performing Dow stock of the year to date. The company reports quarterly results…
Microsoft Adds to Lead as Dow’s Top-Performing Stock
Microsoft posted another 52-week high last week, its second in as many weeks, after a solid earnings report in the previous week. The company did not manage to escape Friday's bloodbath in the tech…
Western Digital, Barrick Gold Step into Friday’s 52-Week Low Club
Barrick Gold, Western Digital, Goodyear and Helios and Matheson all posted new 52-week lows on Friday.
Intel, Exxon Mobil Sink the Dow Friday
Intel, Exxon Mobil, Cisco Systems, and Microsoft led the day's drop in the Dow Friday.
Why All Sides in Congress Can Get Behind Rep. Gabbard’s New Cannabis Legislation
A bipartisan bill was recently introduced in the U.S. House of Representatives that seeks to boost research on existing and potential state programs that legalize marijuana use.
US Oil Rig Count Up 3, Crude Price to Close Lower
The number of land-based rigs drilling for oil in the U.S. rose by three this week, it's first increase in a month. Crude oil prices remain under pressure.
How July Auto Sales Shape Up
Automakers will report July sales next week and industry researchers are forecasting month-over-month and year-over-year declines for the month and for the second half of the year.
Why Two Seemingly Identical Wireless Network Tests Give Such Different Results
Testing wireless network speeds often produces different results depending on the test you choose to run. There are reasons for that.
Apple Preview: Slowly Entering New Apple as a Service Paradigm
Loup Ventures analyst Gene Munster previews Apple's fiscal third-quarter earnings report. He also previews fiscal 2019 and offers longer-term prospects.