Text size And so it begins. The Nasdaq Composite has been going up for so long now, it’s hard to remember if it feels like it’s going down. Now we know. Yes, that’s an exaggeration, but not much. He had been active for seven of the past nine trading days …
Read More »Tesla earnings on tap next week: Will a loss end his comeback?
Tesla Inc.’s second-quarter results come amid yet another massive stock recovery, which is now more expensive than shares in Google’s parent company Alphabet Inc. and other consistently profitable heavyweights. The Silicon Valley automaker is expected to report quarterly numbers next Wednesday after the bell. An analyst call will follow at …
Read More »OPEC meeting worries oil investors
Text size Joe Klamar / AFP via Getty Images OPEC + and its allies may be ready to start pumping more crude, and that prospect is sending shivers through the oil markets. Oil prices fell on Monday. Brent crude futures, the global benchmark, fell 1% to $ 42.80 a barrel …
Read More »European stocks rise on eve of earnings season as traders look past virus spike
European stocks rose on Monday as optimism about second-quarter earnings offset a disturbing rise in coronavirus cases, including in the key US state of Florida. After rising 0.4% last week, the Stoxx Europe 600 SXXP, + 0.56% It gained 0.6%. The German DAX DAX, + 0.96%, French CAC 40 PX1, …
Read More »This is what the rest of the year can expect for the stock market, according to analysts who correctly responded to the pandemic.
There is a lot of uncertainty in the financial markets right now, and a lot of hesitation, which can sometimes seem the same. Many analysts believe that markets will bounce back and forth for some time, fueled by headlines, not fundamentals, until some major issues are resolved: the US presidential …
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