Home Depot Inc benefited from a solid U.S. housing market and higher job growth that led consumers to spend more at its stores in the holiday shopping quarter, helping the home improvement chain beat sales and profit estimates.
Currently, the major US equity indices point to a slightly positive open, but it's TBD how the market will trade today following comments from the World Health Organization that it isn't clear the coronavirus has been contained.
Currently, the major US equity indices point to a slightly positive open, but it's TBD how the market will trade today following comments from the World Health Organization that it isn't clear the coronavirus has been contained.
Software stocks have been a key driver of the market’s 2020 gains. Among them is Salesforce (CRM) stock which has seen its stock rise 16.5% year to date and 30% over the past six months
After a weekend during which COVID-19 cases accelerated, Italy suffers from the largest outbreak outside of Asia, and South Korea's government raised its virus alert to its higher level, fear of a global pandemic dominates the markets.
After a weekend during which COVID-19 cases accelerated, Italy suffers from the largest outbreak outside of Asia, and South Korea's government raised its virus alert to its higher level, fear of a global pandemic dominates the markets.
You would be hard-pressed to find a faster-growing industry today than cybersecurity, particularly as more and more consumer data goes online and into the cloud. And that strong outlook bodes well for cybersecurity specialist Palo Alto Networks.
In a note sent to client on Friday, Bank of America Global Research rates strategist Bruno Braizinha warned, “The coronavirus outbreak contain a significant likelihood of impact to the global economy and the potential to become a black-swan type event.”
The coronavirus is once again front and center for investors today with stocks in Asia closing mostly in the red except for the major Chinese indices on word that the return to work is accelerating in the major foreign trade provides.
The coronavirus is once again front and center for investors today with stocks in Asia closing mostly in the red except for the major Chinese indices on word that the return to work is accelerating in the major foreign trade provides.
The coronavirus is once again front and center for investors today with stocks in Asia closing mostly in the red except for the major Chinese indices on word that the return to work is accelerating in the major foreign trade provides.
Morgan Stanley (MS) is buying E*Trade Financial Corp (ETFC) in an all-stock deal valued at $13 billion. E*Trade shares were halted premarket for the news after rising 25%.
As we’ve all come to realize in recent weeks, the scope of the virus’s impact has been far greater than many initially expected and even as China looks to get back to work that resumption has been slower than expected
As we’ve all come to realize in recent weeks, the scope of the virus’s impact has been far greater than many initially expected and even as China looks to get back to work that resumption has been slower than expected
Walmart Inc forecast slowing online sales growth for the year after missing Wall Street expectations for quarterly sales and profit, hurt by a shorter holiday season and lower demand for apparel, toys and electronics.
As earnings season continues, investors will look for more reasons to be bullish as more economic data trickles in. Here are this week’s stocks to keep an eye on.
Richard Saintvilus
Checked
13 minutes 36 seconds ago
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