Snap could be about to, well, snap. Shares of the social giant are up a whopping 118% this year heading into its earnings report on Tuesday after the bell. The options market is implying a 15% move in either direction for the stock after those results. That pales in comparison to its average 20% jolt […]
Two U.S. companies arguably dominate the growing cloud infrastructure, and they both report later this week even as they wrestle each other to be the second highest-valued stock by market capitalization. We’re talking about Microsoft (NASDAQ: MSFT) and Amazon.com, Inc. (NASDAQ: AMZN), both companies that started out known for one thing (software in the case of […]
By Jessica Menton and Jessica Menton The Wall Street Journal Biography @JessicaMenton jessica.menton@wsj.com Michael Wursthorn Michael Wursthorn The Wall Street Journal Biography @4BetterOrWurst michael.wursthorn@wsj.com Updated April 23, 2019 12:59 p.m. ET The S&P 500 and Nasdaq Composite climbed above their all-time closing highs in midday trading Tuesday, marking a resurgence for stocks to all-time levels […]
NEW YORK (Reuters) – Twitter Inc posted better-than-expected quarterly revenue and a surprise increase in monthly users on Tuesday, sending shares up 13 percent to a nine-month high as its campaign to clean up fake and abusive accounts continued to attract advertisers. The microblogging site’s results caught the attention of U.S. President Donald Trump, a […]
AP Photo/Richard Drew Stocks neared record highs on Tuesday after strong earnings. This comes as investors weigh a series of strains that led the Federal Reserve to signal a pause in its three-year hiking campaign in January. Trade tensions and weakening global growth have failed to upend the longest-running bull market in recent history. Watch […]
Courtesy of Umicore Umicore is a materials technology company worth more than $11 billion, including debt. It generates more than $17 billion in sales annually. You can be forgiven if you don’t know about it. Umicore (ticker: UMI.Belgium) trades in Belgium, and most investors aren’t thinking about automotive catalysts every day. Today is different. The […]
Tuesday morning brought a strong start to the trading day on Wall Street, as investors were pleased with key earnings reports from some of the stock market’s most influential companies. Favorable economic data also added to positive sentiment. Just after 11:30 a.m. EDT, the Dow Jones Industrial Average (DJINDICES:^DJI) was up 122 points to 26,633. […]
Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) – The financing environment is not what it was in the mining space, as juniors continue to face headwinds in raising capital, this […]
Twitter is surging. The stock rose more than 10% in early trading Tuesday after beating earnings and topping sales estimates for its first quarter. That move also pushed Twitter out of bear market territory, now less than 20% off its 52-week high. Matt Maley, equity strategist at Miller Tabak, said that Twitter still looks like […]
