Snap’s ‘grim outlook’ sends stock on near-40% skid, slaps other social names
admin Shares of Snap Inc. and its peers tumbled on Friday, as Wall Street reeled from…
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Opinion: Get in front of these three stock market sectors before they blossom into mainstream darlings
We’ve always made our biggest money by getting in front of trillion-dollar trends before they…
Read MoreU.S. July flash PMI data show ‘worrying deterioration’ in economy
The numbers: The U.S. services PMI fell to a 26-month low of 47 in July…
Read MoreAmex shrugs off macro fears with huge earnings beat powered by strong spending
Shrugging off concerns about consumer spending habits in shaky economic times, American Express Co. posted…
Read MoreUBS isn’t yet a believer in the rally. Here’s its advice on what to do now.
It’s been a better week for equity bulls. Indications of peak misery among fund managers…
Read MoreBond yields extend slide on U.S. economy fears
Bond yields fell on Friday, extending a decline on concerns the U.S. economy could tip…
Read MoreWhy Lagarde’s new market intervention tool may not help Italy
The European Central Bank has revealed details of its latest bond-buying intervention mechanism as it…
Read MoreFearing a windfall tax, this oil company is cutting gasoline prices at its pumps.
Windfall taxes on oil companies are the talk around the world as consumers grapple with…
Read MoreU.S. stock futures push lower, with disappointing Snap results weighing on the tech sector
U.S. stock index futures were tilting south on Friday with technology stocks set to lead…
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Here are 5 things we’ve learned so far from earnings season
Only about one-fifth of the S&P 500 have so far reported second-quarter results, but at…
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