Text size Brendan Smialowski / AFP via Getty Images Honeywell’s earnings, reported Friday morning, beat Wall Street estimates for the pandemic-hit second quarter. That’s good news for Honeywell, but the company is a huge and distant industrial conglomerate. Your earnings are a useful read for many companies in many industries. …
Read More »European stocks plummet as Wall Street tech sell-off and US-China tensions scare investors
German semiconductor maker Infineon was one of the most downed on Friday when European tech stocks plummeted. Matthias Balk / Agence France-Presse / Getty Images European stocks fell sharply on Friday as tech stocks fell and investors were no longer able to avoid mounting tensions between the United States and …
Read More »Tesla shares fell after stellar gains. Here are a few reasons why.
Electric vehicle maker Tesla crushed profit estimates Wednesday night. Initially, its shares appeared in off-hours trading, but closed with a 5% drop on Thursday. Determining Tesla’s stock (ticker: TSLA) can be difficult, but there are a few reasons for its weak performance on Thursday. Wall Street was impressed with the …
Read More »Apple reportedly delays launch of new iPhone 5G until October
An Apple store in Sydney, Australia. Bloomberg news Apple is reportedly delaying a fall launch event for its next batch of iPhones until the “second half of October.” The tech giant was forced to delay its traditional September opening speech due to production delays caused by the coronavirus, according to …
Read More »Shares of Amazon.com Inc. outperform the competition despite the day’s losses
Shares of Amazon.com Inc. AMZN, -3.65% fell 3.66% to $ 2,986.55 on Thursday, in what turned out to be a poor trading session for the stock market, with the S&P 500 Index SPX, -1.23% falling 1.23% to 3,235.66 and Dow Jones Industrial Average DJIA, -1.30% falling 1.31% to 26,652.33. This …
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