If you really want to call yourself a counter investor, it’s time to take a closer look at what hasn’t worked so far this year: value stocks and dividend stocks. Value stocks have underperformed growth stocks (especially Tesla Inc. TSLA, -4.09% and the most popular tech names) amid the economic …
Read More »Raytheon crushed the profits. Here’s why the stock is down anyway.
Text size Defense sales stood out in the quarter. Mario Tama / Getty Images Defense and aerospace giant Raytheon Technologies crushed Wall Street’s profit expectations, but the stock fell anyway on Tuesday morning. The commercial aerospace sector is not improving fast enough for investors. Raytheon (ticker: RTX) earned 40 cents …
Read More »Amazon, Apple, Boeing, Starbucks, Visa and other actions to see this week
Text size It is the busiest week of the second quarter earnings season, with 171 S&P 500 companies slated to report. Things start slowly on Monday, before 3M, Advanced Micro Devices, eBay, McDonald’s, Pfizer, Starbucks and Visa reported on Tuesday. On Wednesday, Boeing, Facebook, General Electric, PayPal Holdings, Qualcomm and …
Read More »Boeing earnings preview: Can the company meet even low expectations?
Boeing Co. is slated to report second-quarter results on the Wednesday before the bell, giving investors a clearer picture of the impact of the coronavirus pandemic on a company that is already plagued with problems of its own making. Boeing BA, -1.52% he’s scheduled to hold a call with analysts …
Read More »UAE spacecraft takes off for mission to Mars
TOKYO – A United Arab Emirates spacecraft began its journey to Mars with a takeoff in Japan on Monday in what is the first interplanetary mission in the Arab world. The launch of the spacecraft called Amal, or Hope, marks the beginning of the seven-month journey to the red planet. …
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