GameStop’s stock stays in the doldrums after disappointing quarter
GameStop Corp.’s (NYSE: GME) shares were down over 18% in afternoon trade on Wednesday after the company reported another weak...
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.
Home Depot’s stock sees a dip after providing preliminary FY2020 guidance
Shares of The Home Depot (NYSE: HD) remained down 1.8% in morning hours on Wednesday after the company provided a...
Five high-profile CEO departures in the past one month
2019 seems to be a record year in terms of CEO exits. The departures of these CEOs have been due...
General Electric to freeze pension plans to cut down debt
General Electric (NYSE: GE) has announced three key strategic decisions related to its US retirement benefits in order to reduce...
HSBC to cut 10,000 jobs to reduce expenses
HSBC (NYSE: HSBC) is undertaking cost-cutting initiatives that could result in the reduction of up to 10,000 jobs. According to...
Companies that announced major restructurings in 2019
A slew of companies have announced major corporate restructurings to streamline operations and cut costs. Restructurings are often accompanied by...
Monster Beverage could get hurt by Coca-Cola’s energy drink
Shares of Monster Beverage Corp. (NASDAQ: MNST) stayed in negative territory during midday trade on Wednesday after Guggenheim downgraded the...
A long-term relationship with airline stocks may not end well. Here’s why
When it comes to investing, long-term relationships have many benefits. Higher holding periods tend to make stocks more balanced, with...
US travel industry needs some stimulus to drive growth
A week ago we witnessed the gargantuan fall of British travel behemoth Thomas Cook. While the collapse may partly be...
Retail sales manage to climb in August
Retail and food services sales saw an increase in August while the July number was revised. According to the report...
How to safeguard your portfolio in a recession-driven bear market
Warnings of a global recession are louder today than ever since the 2008 financial crisis. While these indications aren’t clear-cut...
Recession panic: Why investors need to stay cautious heading into 2020
For some time, market observers have been crying caution of an upcoming global recession, primarily due to a much prolonged...
Elliott Management takes stake in AT&T and calls for changes
Hedge fund Elliott Management sent a letter to the board of directors at AT&T Inc. (NYSE: T) urging the company...
9 IPO stocks that have given 100+% returns
It was quite an interesting year so far for the IPO market with over 100 companies making their public debut....
Major IPOs expected in late-2019 or 2020
So far this year, we have seen some high-profile companies hitting the stock markets including Uber (NYSE: UBER), Lyft (NASDAQ:...
Existing home sales rise to 5-month high in July, backed by low interest rates
Existing home sales rebounded in July after declining in the previous month as buyers sought to take advantage of the...
Beyond Meat benefits from partnership strategy
Beyond Meat Inc. (NASDAQ: BYND) appears to be benefiting from its strategy of entering into new partnerships with restaurants and...
Apple, AMD, and 6 other tech stocks reporting earnings this week
Apple, AMD, Qualcomm, Pinterest, and more earnings are scheduled for the week between July 29 and August 2. Check out...
Calendar: Earnings of Boeing, Facebook, Tesla, Amazon, Alphabet, Starbucks on queue
Boeing, Facebook, Tesla, Amazon, Alphabet, Starbucks, and more earnings are scheduled for the week between July 22 and 26. Check...
JPMorgan Chase beats in Q2 on tax benefit
JPMorgan Chase & Co (NYSE: JPM) reported higher earnings on modest growth in revenues during the second quarter, despite headwinds associated...
Calendar: Earnings of Bank of America, Netflix, eBay, Microsoft, Amex on queue
Bank of America, Netflix, eBay, Microsoft, Amex, and more earnings are scheduled for the week between July 15 and 19....