It may be a bumpy road for Netflix as the streaming giant prepares to report its latest quarterly earnings. Netflix is scheduled to report its Q2 earnings after the bell on Monday. It is expected to post earnings per share of 0.79 cents and revenue of $3.94 billion, per a Thompson Reuters consensus estimate. The […]
Read moreStocks still have plenty of room to run, but there is some risk ahead for investors, Guggenheim Partners Executive Chairman Alan Schwartz warned on Monday, “We’re in the eighth or ninth inning of the bull market. Those innings can be strong,” said Schwartz, the former CEO of Bear Stearns, which nearly collapsed during the 2008 […]
Read moreIt’s the moment we’ve all been waiting for. Today, the longest ever Amazon Prime Day begins. From Monday, July 16 through Tuesday, July 17, deals will be widespread across the site. But while deal days are an opportunity for consumers to snag items at low prices, they can also be a trigger for over-shopping. Since […]
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Amazon’s annual shopping holiday is a significant positive driver for the company’s e-commerce leadership and even its stock price. Cowen told its clients the company’s Prime Day is a key benefit for its Prime subscriber base. Only Amazon Prime members can take advantage of Prime Day discounts, which starts Monday 3 p.m. EDT this year. […]
Read moreMicrosoft has made progress in important ways following changes instituted in its sales organization last year, according to executives there. Investors seem to like whatever the company has been doing. Microsoft’s stock has continued to hit all-time highs in recent weeks, like other tech giants Alphabet, Amazon, Apple and Facebook. And the company is gaining […]
Read moreInvestors on Monday cheered the lifting of a U.S. supplier ban on China’s ZTE, pushing its shares up 17 percent, though analysts cautioned the telecommunications equipment maker still faced many challenges as it works to revive its business. The U.S. Commerce Department on Friday lifted a crippling ban on American firms selling parts to ZTE—imposed […]
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Oil prices extended early losses on Monday, falling towards $69 a barrel, after Treasury Secretary Steve Mnuchin said some crude importers may receive waivers to continue buying supplies from Iran, despite U.S. sanctions on the Middle Eastern country. “We want people to reduce oil purchases to zero, but in certain cases if people can’t do […]
Read moreUBS swapped out its pick of parcel delivery services Monday, raising its near-term outlook on UPS stock to a “buy” rating while lowering its rating on shares of FedEx to “neutral.” FedEx “is exposed to risk from tariffs and potentially slower trade activity,” UBS analysts wrote in a note. About 55 percent of FedEx revenue […]
Read moreThe price of bitcoin surged Monday after a report said that BlackRock has set up a working group to explore ways of taking advantage of the cryptocurrency market. The world’s most valuable virtual currency by market value jumped more than 4 percent to around $6,612, according to industry website CoinDesk, which tracks prices from a […]
Read moreTarget-date funds are all the rage among retirement investors, making it easy to spread money among stocks and bonds and to rebalance as conditions change. Total assets in this sector topped $1.1 trillion at the end of 2017, up from $158 billion at the end of 2008, according to Morningstar. But is this too much […]
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