Shares of Exxon Mobil Corp. rallied into record territory Friday, as profit nearly tripled and revenue soared more than 50% to top the $100 billion mark again, fueled by a Read more
Tag: Capital
Two of Juul’s biggest investors may offer bailout to prevent bankruptcy
Juul Labs Inc. is in talks with two of its biggest investors on a bailout that could help the e-cigarette maker stave off a bankruptcy filing, according to people familiar Read more
‘From Bambi to Godzilla.’ Strategist David Rosenberg skewers the Federal Reserve as he sees a 30% hit to home prices and the S&P 500 returning to an early 2020 low
The last time David Rosenberg shared his outlook for the U.S. stock market and the economy with MarketWatch, in late May, it was depressing enough. Rosenberg is the widely followed Read more
Ford already ‘bit the proverbial bullet’ ahead of earnings, but GM results could go either way
Ford Motor Co.’s third-quarter earnings report shouldn’t be too dramatic since the company already warned about rising costs and inventory problems, but General Motors Co.’s report could be a different Read more
Allstate warns of surprise loss, even as auto insurance rates jumped 16% in some locations last month
Shares of Allstate Corp. ALL, -12.90% tumbled Thursday, enough to pace the S&P 500 index’s losers by a wide margin, after the insurer warned of a surprise third-quarter loss, amid Read more
Investor demand for energy stocks will soon increase ‘dramatically,’ analyst says
Investors appear ready to starting buying energy stocks again as earnings start rolling in. They are looking to boost their weightings in the sector given healthy free-cash flows (FCF), said Read more
‘This is not QE or QT. This is none of those.’ Why the U.S. Treasury is exploring debt buybacks
The U.S. Treasury Department on Friday said it plans to start talking with primary dealers in late October about the potential for it to begin buying back some of its Read more
Federal Reserve studying new capital requirements for regional banks amid merger parade
The U.S. Federal Reserve on Friday approved the first of three pending bank mergers and said it’s launching a review of capital requirements for major banks including bulked-up regional players. Read more
UnitedHealth stock surges after earnings beat, another raised outlook
Shares of UnitedHealth Group Inc. surged Friday, after the health insurer reported third-quarter profit and revenue that rose above expectations, and lifted its full-year outlook for a third-straight quarter. Net Read more
Taiwan Semi rallies as exposure to China restrictions minimal, capital spending cut
Taiwan Semiconductor Manufacturing Co. injected some much needed optimism into the chip sector Thursday, after the third-party silicon-wafer fabricator reported results and an outlook that indicated the market wasn’t in Read more