Microsoft Earnings Soar With the Clouds
Microsoft is on track to open at a new all-time high Friday morning after report better-than-expected fourth-quarter 2018 results Thursday evening.
All Work
Paul Ausick
Sinclair Broadcasting, Investors Bancorp Sink into Thursday’s 52-Week Low Club
Investors Bancorp, Vodafone, Sinclair Broadcasting, and Sibanye Gold all posted new 52-week lows Thursday.
American Express, Travelers Sink the Dow Thursday
Travelers, American Express, Walgreens, and Johnson & Johnson led the Dow lower Thursday.
Boeing, Airbus Announce 1,100 New Orders at Farnborough
Both Boeing and Airbus posted a solid number of new orders and commitments at this week's Farnborough Airshow. Both also saw new orders in some of their most critical programs too.
Mortgage Fraud Risk Rises for Seventh Straight Quarter
Real-estate information researchers at CoreLogic reported Thursday that the risk to mortgage lenders of a fraudulent application rose 12% year over year in the second quarter of 2018, the seventh consecutive quarterly increase.
Natural Gas Price Rises Following Small Inventory Gain
The U.S. Energy Information Administration reported an addition of 46 billion cubic feet to the nation's natural gas storage inventory last week, considerably less than expected. Prices moved higher in response to the report.
How Trump Could Stifle Economic Growth: Roubini
NYU economist Nouriel Roubini sees an end to the positive impacts of the Trump administration's economic policies and a beginning of a string of negative effects.
Fed Chair Powell Worries About Cryptocurrencies
Federal Reserve chairman Jerome Powell told Congress on Wednesday that what he concerns him most about cryptocurrencies is that inexperienced investors may get fleeced.
American Express Earnings Can’t Overcome Soft Guidance
American Express reported second-quarter results after the bell Wednesday. Revenue was a little short, and the full-year revenue guidance is weak as well.
Aveo Pharmaceuticals, Vodafone Pile into Wednesday’s 52-Week Low Club
Aveo Pharmaceuticals, Halcón Resources, Avon Products, and Vodafone all posted new 52-week lows Wednesday.
Caterpillar, UnitedHealth Elevate the Dow Wednesday
UnitedHealth, Caterpillar, American Express, and Travelers helped lift the Dow into the green Wednesday.
How More Automation Affects Older Workers
As the workforce ages in many countries and technology continues to drive more automation, what does that imply for the older workers and for a country's productivity?
Heat Wave Continues Scorching North Africa
After setting record-breaking levels in the first week of July, temperatures in North Africa have moderated only a little. The high Wednesday was just a few degrees short of the all-time high set less…
Crude Oil Price Dips Again on Unexpected Inventory Build
The U.S. crude oil inventory added nearly 6 million barrels last week compared with consensus estimates for a decline of more than 3 million barrels. Gasoline inventories fell more than expected, however.
June Housing Starts Drop to 9-Month Low
New housing starts fell from a multi-year high in May to a 9-month low in June. Demand remains strong, but builders are wary about rising materials and labor costs driving prices even higher and…
Intercontinental Exchange to Launch WTI Futures Contract for Houston Delivery
The Intercontinental Exchange will launch a WTI crude oil contract this quarter for oil physically delivered to Houston from the Permian Basin.
An Open Letter to Elon Musk
Loup Ventures analyst Gene Munster offers Tesla founder and CEO Elon Musk some comments on Musk's recent behavior and how Tesla's investors likely view it.
Mortgage Loan Rates Mixed, Applications Fell Last Week
Mortgage applications dipped slightly last week according to Wednesday's report from the Mortgage Bankers Association. Interest rates were stable as well.
Goodyear, Vodafone Slink into Tuesday’s 52-Week Low Club
Goodyear Tire & Rubber, Vodafone, and Halcón Resources all posted a new or matched a 52-week low.
Johnson & Johnson, Microsoft Lift the Dow Tuesday
Johnson & Johnson, DowDuPont, United Technologies, and Microsoft put up Tuesday's best gains among the Dow 30 stocks.