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Headline News: Wall Street is set for a lower open after IBM (IBM) missed market estimates for third-quarter revenue. Tesla (TSLA) reported better than expected third-quarter earnings and revenue results and said that supply-chain headwinds would pressure its margins causing the stock to trade 4% lower in pre-market trading. Meanwhile, the number of Americans filing… Read More
Headline News: Wall Street is set to open lower as investors deal with supply chain disruptions and higher inflation’s impact on corporate earnings. Netflix (NFLX) reported third-quarter earnings better than expected, and revenues were in line with expectations. The company also added 4.4 million new subscribers, well above expectations of 3.84 million. However, the… Read More
Headline News: Wall Street is set for a higher open, as of 10/19/2021, after a slew of strong third-quarter earnings reports. Travelers Companies (TRV), Fifth Third Bancorp (FITB), and Johnson & Johnson (JNJ) all beat expectations and are higher in pre-market trading. Netflix (NFLX) and United Airlines (UAL) will report after the close today. The… Read More
Headline News: U.S. stock futures are set to open lower on concerns about the continued surge in oil prices and inflation fears. Also, investors will be waiting for earnings from the largest tech companies later this week. So far, 41 S&P 500 companies have reported third-quarter earnings, with 80% beating estimates. Also, the 10-year Treasury… Read More
Headline News: Wall Street is set to open higher after another round of better than expected third-quarter earnings reports were released. Goldman Sachs (GS) beat estimates for earnings and revenue helped by strong investment banking revenue. Also, retail sales for September increased by 0.7%, and excluding auto-related sales rose 0.8%. Year over year, those numbers… Read More
Headline News: Wall Street is set for a higher open after a slew of better than expected third-quarter earnings reports. Bank of America (BAC) reported profits were up by 58% to $7.7 billion and revenue rose 12% to $22.87 billion. Also, Morgan Stanley (MS), Citigroup (C), and Wells Fargo (WFC) all reported quarterly earnings better… Read More
Headline News: U.S. stock futures are flat to start the day as investors react to new inflation data and third-quarter earnings reports. The consumer price index increased 0.4% in September and 5.4% year over year. Excluding energy and food, the increase was 0.2% for the month and 4% for the year. JPMorgan (JPM) reported better… Read More
Headline News: U.S. stock futures were volatile overnight after China’s Evergrande missed a third interest payment, auto sales in the U.S. fell 17% in September due to the chip shortage, and a continued rise in energy prices. However, futures are set to open the day higher after JPMorgan (JPM) CEO predicted global supply chain issues… Read More
Headline News: Wall Street is set for a lower open after Goldman Sachs lowered its 2022 growth estimate to 4% from 4.4%, and they also reduced the 2021 estimate to 5.6% from 5.7%. The U.S. economy appears to be slowing after Friday’s weak unemployment report. The September Nonfarm payrolls rose by only 194,000 VS. the… Read More
Headline News: Wall Street is set for a higher open after Congress appeared to agree on a deal that would raise the debt limit in the short term. Also, lower energy prices and a stable 10-yr yield at 1.52% have eased some investors’ recent concerns. Markets: The S&P 500 rallied off support and closed higher… Read More
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