Three consecutive days of profit-taking within the market’s biggest winners sent Wall Street lower again on Friday, prompting some skeptics to assert that the anticipated long-overdue selloff has finally arrived.
Tech earnings over the past week have smashed Wall Street’s expectations, suggesting that investors have been right for bidding up high-flyers like Salesforce (CRM) and Zoom Video (ZM) and ignoring the valuation argument. Has that been the right approach for Broadcom (AVGO)?
Shares of DocuSign (DOCU) have surged almost 30% over the past week, skyrocketing 20% Tuesday in sympathy to the breathtaking quarter just delivered by fellow work-from-home (WFH) stock Zoom Video (ZM).
Cybersecurity has been one of the fastest rising segments within the software sector, which has gone on a massive rally since the market bottomed in March.
Back when Nasdaq.com had a comments section for articles, I quickly learned something about writing for the internet. There are some people who read the just headline of a piece and promptly form their opinion about what the author is saying, then attack said author with gusto
With the market now in record-setting territory, economists have begun to wonder, when will the disconnect (whether perceived or real) between Wall Street and Main Street end?
The following companies are expected to report earnings prior to market open on 08/31/2020. Visit our Earnings Calendar for a full list of expected earnings releases.
The following companies are expected to report earnings prior to market open on 08/28/2020. Visit our Earnings Calendar for a full list of expected earnings releases.
While investors will be eyeing the July Durable Orders report to be published before the open, they will also be closely watching Hurricane Laura, which earlier this morning was upgraded to a Category 4 hurricane.
Intuit (INTU), the parent of TurboTax, Mint and Quickbooks accounting software has seen its stock climb 22% year to date. But growth may be harder to come by in the quarters ahead.
The message emanating from the trade conversation was both sides see progress and are committed to taking the steps necessary to ensure the success of the agreement. That should eliminate some investor concerns following the recent escalating tensions between the two countries.