The first-quarter 2020 results of Industrial Products, which is one of the 16 Zacks sectors, might mirror the adverse impacts of the coronavirus outbreak and other headwinds.Earnings for the sector are predicted to decline 21.5% year over year for first-quarter 2020, while reven
Another unprecedented session at this unprecedented time for the market, as the price of crude oil actually went negative for the front month!
Basically, we’re talking about the May contracts. Due mainly to coronavirus shutdowns, the country’s up to its ears in oil… but
Technology firms were trading lower pre-bell Tuesday. The Technology Select Sector SPDR ETF (XLK) was down 2%, while the Semiconductor Sector Index Fund (SOXX) was slipping more than 1%.
The first-quarter 2020 reporting cycle for the Zacks Transportation sector began last week on a fairly positive note despite the coronavirus rampage. Perhaps the impact from the health hazard will worsen in the second quarter.Within the widely-diversified transportation sector,
First-quarter 2020 earnings results have started with disappointment reflecting the significant dent in corporate profits left by the outbreak of the coronavirus. Global economic activities came almost to a standstill in March as either partial or full lockdowns were imposed to
Tesla TSLA is up 75% so far this year, appearing to defy logic. The global pandemic has hammered the broader automotive industry but leaving Tesla relatively unscathed. Ford F, Fiat FCAU, and GM GM are suffering from significant supply chain issues and a demand halt.
Microsoft Corporation MSFT, is one of the largest broad-based technology providers in the world. Microsoft is benefiting from growing user base of its different applications like Office 365 commercial, Dynamics, Outlook mobile and Teams. Moreover, Azure’s expanding customer ba
Technology stocks were falling in Monday trading, with the SPDR Technology Select Sector ETF declining 1.2% while the Philadelphia Semiconductor Index was slipping 1.7%.
Technology stocks still falling in Monday trading, with the SPDR Technology Select Sector ETF declining 0.4% while the Philadelphia Semiconductor Index was slipping 0.2%.
The market has drifted into uncharted waters with the global pandemic creating an unprecedented level of ambiguity. High yielding stocks with the balance sheet health and/or cash-flows to maintain their dividend may be a safe place to put some of your cash to work. Today, I am g
The Q1 earnings season has gotten off to a relatively soft start, with banks reporting disappointing results amid coronavirus concerns, which prompted them to build reserves for combating economic slowdown.Results so far reflect lower net interest income (NII) on the back of dec