The ‘midterm’ shot sends cannabis stocks to a new high
The midterm election has brought cheer to companies doing marijuana-related businesses in the US, despite the uncertainties surrounding regulation of...
U.S. Markets News
US stock market overview from AlphaStreet. Get updates on the major US stock exchanges including Dow Jones, NYSE, NASDAQ and S&P.
Dish stock falls as Netflix continues to woo subscribers away from cable
Dish Network Corp’s (DISH) stock fell at least 1.56% in pre-market trade as the US satellite TV service provider posted...
GE to get rid of consumer lighting business as cash crunch escalates
Engineering giant General Electric (GE) has been on a divestiture spree, in an effort to revitalize its balance sheet. On...
Elon Musk’s SpaceX looks to a $750-million leveraged loan
Tesla (TSLA) sibling and Elon Musk’s space exploration company, SpaceX, is planning to seek a leveraged loan of $750 million,...
Marriott International stock falls on weak Q3 top line
Marriott International (MAR) reported a 0.4% decline in earnings for the third quarter as higher costs and expenses partially offset...
Roku Q3 2018 Earnings Preview: Will the rollercoaster ride continue?
If you ever miss the fair rides, you just take a look at the stock graph of Roku Inc. (ROKU)...
Companies reporting earnings this week: Nov 5-9
A slew of major companies are reporting earnings this week. Generic drugmaker Mylan Inc. (MYL) will announce third-quarter earnings on...
Eight importers get respite from the US to resume Iran oil trade
The United States of America on Friday announced that it would temporarily allow eight importers to resume buying Iranian oil...
European competition threatens AbbVie’s run of top-selling Humira
US pharma giant AbbVie Inc (ABBV) cut its overseas sales forecast on Friday for its offering Humira, on expected pricing...
Key management comments from Apple Q4 2018 earnings conference call
Apple (AAPL) shares plunged 7% on Thursday during after-market trading after the company reported fourth quarter results. Even though it...
Apple Q4 results beat estimates; stock falls on weak iPhone sales, guidance
Announcing the first quarterly results after achieving the $1-trillion valuation milestone, Apple (AAPL) reported record earnings for the fourth quarter...
Brexit could spur interest rate hikes after holding rates at 0.75%
The UK headline interest rate is maintained as expected at 0.75% by the Bank of England. The bank projected interest...
Starbucks keen on getting its brew right during holidays
After enticing customers with its Halloween-themed frappuccino, Starbucks (SBUX) is all set to make the holiday season special for coffee...
Higher costs drag Marathon Petroleum Q3 earnings; stock dips
Marathon Petroleum Corp. (MPC) reported a decline in third-quarter earnings hurt by higher operating costs, despite strong revenue growth. Following...
There are way too many ‘zombie’ homes in America: Report
American cities are too busy, and one might think people really don’t have enough space to live. However, if we...
Companies reporting earnings this week: Oct 29 – Nov 2
A slew of major companies are reporting earnings this week. Industrial conglomerate General Electric (GE) will announce third-quarter earnings on...
Affordability takes a beating as home prices, mortgage rate zoom
A key area of the economy that remained subdued this year is the housing sector, even while overall growth gathered...
Strong earnings help Wall Street tide over Octoberphobia declines
October is one month that terrifies investors, thanks to its notorious past. Historically, this month has been the most volatile...
Companies reporting earnings this week: Oct 15-19
Some major earnings are coming to you this week! Financial giant Bank of America (BAC) is set to post its...
Automakers on alert as China’s car market hits a bumpy road
The growth of China’s automobile industry has been in tandem with the country’s booming economy, outperforming its global peers to...
A decade since 2008 financial crisis, most Americans haven’t recovered
September 15, 2018, marked a decade since the fall of Lehman Brothers, triggering a nightmare that lasted over two years....