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 »AMD Shares Hit Record After Hitting Earnings, Raising Annual Forecast
Shares of Advanced Micro Devices Inc. headed to record highs in after-hours trading on Tuesday after the chip company reported second-quarter earnings that exceeded expectations and raised its full-year forecast despite the COVID-19 pandemic. AMD AMD, -1.97% reported second-quarter net income of $ 157 million, or 13 cents a share, …
Read More »Goldman Sachs has a new explosion forecast for gold
A weaker day for stocks is brewing on Tuesday, as optimism about the US stimulus progress. The asset that stole the show on Monday, of course, was GCQ20 gold, -0.34%, which rose to $ 1,931 an ounce, the highest settlement in history. That prompted the crowd to expect $ 2,000 …
Read More »Congress has over a million documents from Big Tech’s antitrust investigation, and they’re ready to criticize big-name CEOs
For more than a year, the federal government has surrounded Big Tech and its business practices. On Wednesday, members of the House of Representatives will unfold evidence their staff has found and put direct pressure on some of the world’s top executives. Four of the most prominent CEOs of technology: …
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 …
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