Sections
Wall Street
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1.1KEarningsCitigroup Q2 Results Show Boost In Card Spending
Citigroup posted Q2 results that topped expectations even as Wall Street-related activity was mixed — but consumer-oriented activity rebounded. In terms of...
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1.2KAppleApple Shares Downgraded Due To Growth Slowdown
Rosenblatt Securities downgraded Apple to a “sell” rating from a “neutral” one on Monday (July 8), according to a report by CNBC. ...
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1.2KInvestmentsLoss Of ‘The Office’ Affecting Netflix Shares
Netflix, a Wall Street favorite, is facing some uncertainty for the future with the loss of its most popular show, “The Office,”...
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1.2KEconomyEarnings Season, Where No News May Be Good News
In investing, information is king. And the markets, according to some observers, digest info quickly, and stock prices discount that information with haste....
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1.4KEarningsInvestors Brace For Rough Q2 Earnings
Despite that fact that stocks are reaching near record highs, 77 percent of companies that have issued pre-announcements ahead of earnings reports...
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1.1KEconomyJobs Number Shows Trade War Hitting Home?
The headline numbers are these: The latest jobs report shows that 75,000 jobs were created in the United States last month. A slew...
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1.4KRidesharingAnalysts Sanguine On Uber Despite (Growing) Red Ink
Come on in, the water’s fine. That red ink? Never mind. It’s no secret that ride-hailing firms have had a rough go...
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3.6KRegulationSEC Approves New Silicon Valley Stock Exchange
The U.S. Securities and Exchange Commission (SEC) has approved the creation of the Long-Term Stock Exchange (LTSE). Created by Silicon Valley entrepreneur...
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1.6KRetailWall Street Skeptics Balk At Beyond Meat’s Valuation
Plant-based meat maker Beyond Meat has surged about 225 percent since going public last week, leading one analyst to call the valuation...
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2.7KEarningsAT&T Loses Pay-TV Subscribers Amid Q1 Revenue Miss
Revenue for telecommunications giant AT&T missed Wall Street expectations on Wednesday (April 24), due to a loss in subscribers throughout all of...
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2.3KMarketsCan Wall Street Bulls Put A Floor Under Lyft Shares?
Lyft shares have been on a skid, and one wonders if a surge of bullish notes and sentiments from Wall Street’s sell-side...
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4.1KDigital BankingGoldman’s Digital Roadmap, As Marcus Lands $46B In Deposits
Trading slump, yes. Goldman Sachs is still, of course, tied to the vagaries of investors’ back-and-forth on Wall Street, as evidenced by its...
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6.3KIPOWill Chuck E. Cheese IPO Bring The Cheddar?
The news came Monday (April 8) that Chuck E. Cheese – the family-focused entertainment and restaurant combinations that have housed many a...
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4.7KPersonnelBuffett Tells Wells To Cast Wide Net For New Chief
Famed investor and Wells Fargo’s largest shareholder Warren Buffett urged the bank to look beyond Wall Street to find a new chief...
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3.9KEarningsAnalysts Brace For Disappointing Q1 Bank Results
Earnings for U.S. banks kick off this week, with analysts expecting earnings in the first quarter to contract, marking the first time...
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3.0KBitcoinBitcoin Trading Losing Its Luster Among Wall Street Heavy Hitters
In the wake of the crash in bitcoin last year, institutional players that had big plans for the cryptocurrency market are reigning...
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4.0KInvestmentsLyft’s Slide Warns Of IPO Wild Rides
What goes up must come down. The converse is true, too, but the slide in Lyft shares, on merely its second day...
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3.5KInvestmentsLyft Shares Fall Below IPO Price In Second Day Of Trading
Lyft, the ride-hailing startup that made its debut as a publicly traded company late last week, saw shares slump in Monday (April...
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2.8KAppleApple’s New Services, Products Prompt Shares Upgrade
Apple shares got a boost on Thursday (March 21) after Wall Street investment firm Needham raised its rating from “buy” to “strong...
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4.9KRetailInvestors Predict Retail Slowdown In US
Weaker-than-expected holiday spending has led to concerns that it’s the start of a retail slowdown, leading Wall Street to slash profit estimates. According...
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3.1KRetailFoot Locker Shares Soar After It Beats Wall Street Projections
Foot Locker shares surged 5.96 percent on Friday (March 1) after the company beat Wall Street’s projections and reported same-store sales growth...
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2.5KEconomyUS Economic Growth In 4Q Not As Bad As Expected
With the tax cut in the rear window, the growth in the U.S. economy slowed to an annual rate of 2.6 percent...
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7.9KInvestmentsOptions A Windfall For Pre-IPO Firms’ Employees?
Stock options drum up images of the dot-com era, of IPO riches reaped for getting in on the ground floor of a...
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2.9KEarningsDiscover’s Q4 Revenue Narrowly Misses Wall Street Expectations
While Discover Financial Services reported a 78 percent increase in its fourth-quarter earnings, the company missed Wall Street expectations by 3 cents....
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7.9KEarningsGoldman’s Marcus Logs $35B In Deposits In 2018
Goldman Sachs saw its latest quarterly results beat Street estimates, helped by a combination of investment banking-related activity – but also by...
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4.4KRegulationAlexandria Ocasio-Cortez Joins House FinServ Committee
After two years of a lack of tough oversight, Wall Street firms should brace themselves for increased scrutiny as progressive U.S. Representative...
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3.8KEarningsCiti Weathers Trading Volatility as Mobile Efforts Gain Traction
Citigroup’s trading business may have been the focus on Monday (Jan. 14) upon releasing fourth-quarter results – injecting a bit of volatility...
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3.7KRegulationUS Rep Ocasio-Cortez Likely To Win Financial Services Committee Seat
In a move that could put a lawmaker against Wall Street and even some members of her own party, U.S. Rep. Alexandria...
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3.5KEconomyFrom Earnings Crunch To Credit Crunch?
By any reckoning, there may be a reckoning coming for stocks. The December no one wants to remember is in the rearview mirror,...
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2.8KAppleGoldman Predicts More Pain For Apple, Likens It To Nokia
Apple‘s lowered revenue guidance for the first quarter may not be enough, warned Wall Street firm Goldman Sachs, which said on Thursday...
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5.8KAppleCiti Latest To Lower Q1 iPhone Forecast
Apple was dealt more bad news on Friday (Dec. 28) when Citi Research cut its estimates for iPhone production in the first...
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4.0KCashOn Wall Street, Cash Is King For Worried Investors
As the saying goes in the investment community, “cash is king.” Generally speaking, the saying is one that applies to cash flow,...
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3.5KPartnerships / AcquisitionsSymantec Potential Buyout Offer Boosts Shares
Private equity firm Thoma Bravo has reportedly approached Symantec about acquiring the U.S. cybersecurity software company. CNBC cited a source familiar with the...
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4.3KRetailWill Amazon, eBay And Apple Have A Happy Holiday Season?
After Halloween comes the lucrative holiday shopping season — sorry, Thanksgiving, but you’re only a speed bump — but there are serious questions...
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2.7KEarningsAhead Of Apple Earnings, Apprehension Over Apps?
Wall Street waits with bated breath for Apple’s earnings. After all, a $1 trillion market cap implies hefty expectations for the tech giant....
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5.3KInvestmentsMicrosoft Pulls Ahead Of Amazon As Second-Most Valuable Tech Firm
Tech stocks – they used to feel like they were getting whipsawed. Now, they just feel like they go in one direction …...
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2.8KRetailHasbro Earnings Fall Short Of Q3 Estimates
With the fall of Toys R Us impacting sales, Hasbro fell short of third-quarter earnings and revenue estimates. The company reported revenues...
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5.1KPayments InnovationPayPal Shares Jump On Positive Venmo, Earnings News
Following a third-quarter earnings and revenue beat as well as a strong quarter for Venmo, shares of PayPal jumped 9 percent on...
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3.8KIPOUber’s IPO Value Pegged At $120B
For a potential initial public offering (IPO), Wall Street banks have reportedly given Uber proposals that value the company as high as...
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5.5KInvestmentsAs IPOs Rise, Red Ink Fails To Deter Investors
You know the acronym. IPO. Stands for Initial Public Offering. Or maybe it could stand for “It’s Profitable…Or not.” It doesn’t seem...
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5.6KReal EstateHomebuilder Downgrade A Tough Housing Market Harbinger?
Caution, warns a sell side analyst regarding homebuilder stocks, and the sector swoons. As seen on Friday (Sept. 21), homebuilder equities took...
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7.2KEconomyJPMorgan Predicts Next Financial Crisis In 2020
Citing an analysis by JPMorgan Chase, Bloomberg reported the Wall Street bank doesn’t think the next financial crisis will be as painful as...
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3.6KEarningsSquare’s Stock Rises 6 Percent After Analysts Say It’s FinTech’s ‘Best Idea’
Square‘s shares jumped 6 percent on Wednesday (Aug. 29) after an analyst raised its price on the company’s stock to $100 from...
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2.8KEarningsKohl’s Beats Street Expectations, But Weak Guidance Depresses Share Price
Despite an earnings report that came in above what analysts were forecasting for Q2, Kohl’s share price slid after weaker than desired...
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3.6KEarningsTencent’s Profit Drop Drags On Chinese, Tech Stocks
There’s a saying that Wall Street does not like surprises — and certainly not earnings surprises … at least not to the downside....
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3.0KEarningsOnDeck Sees Loan Originations Up 26 Pct In 2Q
OnDeck Capital reported second quarter results that showed continued growth in loan originations and improved credit quality metrics. Management stated on a...
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4.5KAppleApple Surpasses $1 Trillion In Market Cap
Apple became the first company trading in the U.S. to have a market capitalization of more than $1 trillion, hitting that milestone...
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4.4KRetailAmazon Could Hit $1T Market Cap Before Apple
Amid the race to reach $1 trillion in market capitalization, analysts are predicting that Amazon will win over Apple. Even so, Apple...
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6.3KEarningsFirst Data Sees Clover Volumes Up 50 Pct Year Over Year
Payments processor First Data posted results that topped expectations, buoyed by continued traction in its Global Business Services (GBS) segment, and with...
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5.3KEarningsWells Fargo’s Q2 Disappoints After Scandals
Wells Fargo, which is working to recover from a series of regulatory scandals that have impacted trust with customers, reported lower than...
