Bulls in the stock market are giddy. What is there no to be happy: the stock market mostly goes up, and making money seems easy. While newly minted investors focus on accumulating small, speculative stocks, institutions hide in large-cap tech stocks. For prudent investors, now is the time to understand …
Read More »Chevron and Exxon post big losses as oil prices plummet
Actions of Exxon (XOM) and Chevron (CVX) each of the first to quote on Friday after announcing the results. On Thursday, both stocks were among the Dow’s biggest losers. The coronavirus crisis has decimated oil demand in 2020. Exxon lost $ 1.1 billion, the company’s second consecutive quarterly loss, while …
Read More »Stock futures rise after Big Tech offers windfall profits
Stock index futures were aiming for a higher start for Wall Street on the last day of July on Friday after Apple and Amazon made windfall profits and Facebook and Alphabet, Google’s parent, beat expectations. However, the lack of progress in Congress on another financial aid bill, the continued increase …
Read More »Apple jumps to new record after third-quarter profit burst
Apple Inc. (AAPL) – Get report Shares jumped to a new all-time high on Friday, trading firmly above the $ 400 mark for the first time, after the tech giant posted extraordinary profits in the third quarter as stores closed off triggered by a pandemic. and disruptions to the supply …
Read More »Dow Futures wins as Apple leads Big Tech profit explosion
Friday’s market minute Global stocks mixed on the last trading day of the month, with Asia held back by recovery concerns and Europe and the US higher on the back of big tech gains. Apple, Amazon, Facebook and Google beat Wall Street’s forecast, with revenue rising to a collective of …
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