Investors hoping that tax cuts and aggressive government spending plans will add another leg to the bull market likely are going to be disappointed, Morgan Stanley argues in an analysis that contends the end of big returns is near.
Alphabet Inc. (NASDAQ: GOOGL) reported second quarter financial results after markets closed Monday. The tech giant said that it had $5.01 in earnings per share (EPS) and $26.01 billion in revenue, compared with consensus estimates from Thomson Reuters that called for $4.46 in EPS and $25.64 billion in revenue. The same period from last year had $7.00 in EPS and $21.5 billion in revenue.
Related BNO In This Bearish Environment, Why Are Pros Long Oil? Expect More MLP ETFs To Come To Market The Oil Game Heats Up As The Freeze Melts Down (Seeking Alpha)
Related USO Morgan Stanley At Dubai Analyst Conference: Oil Stuck In $25-$45 Range With Oil Prices Stabilizing, Morgan Stanley Upgrades Devon....More>>>
Related Benzinga's Top Initiations Barclays Bullish On Cotiviti Shares Related MDVN Mid-Afternoon Market Update: CIFC Rises Following Acquisition News; Marathon Oil Shares Slide 10 Biggest Mid-Day Gainers For Monday Pfizer Pays Up (Seeking Alpha) ....More>>>
After U.S. markets closed Monday and were opening in the Far East, test data inadvertently went live causing some Nasdaq stock quotes to be reported incorrectly. No actual trades were affected, however, and the glitch did not affect quotes on any NYSE stock.
The faulty data reset the per share price for several stocks at exactly $123.47. That caused Apple Inc. (NASDAQ: AAPL) to drop 14%,....More>>>
March 17, 2017: Here are four stocks trading with relatively heavy volume among 32 equities making new 52-week lows in Friday’s session. On the NYSE, advancers led decliners by about 3 to 2 and on the Nasdaq advancers led decliners by nearly the same margin.
BRF SA (NYSE: BRFS) posted a new 52-week low of $11.77 on Friday, down about 15.5% compared with Thursday’s closing price....More>>>
Toronto, Ontario, A6, based Investment company Toron Capital Markets Inc. buys Enbridge Inc, Teck Resources, Agnico Eagle Mines, Johnson Controls International PLC, Crescent Point Energy Corp, Occidental Petroleum Corp, Vail Resorts Inc, Thomson Reuters Corp, iShares MSCI ACWI Index Fund, Philip Morris International Inc, sells CAE Inc, Rogers Communications Inc, Shaw Communications Inc, CGI Group....More>>>
President Trump’s executive order rolling back energy regulations is unlikely to spawn a surge of jobs or a quick reduction offuel prices, as the basic rules of economics maintain a powerful hold on the industry.
Will coal jobs suddenly come roaring back? Dont bet on it. Will the price of electricity go into reverse? Not likely. Will increased federal land rights for oil and natural....More>>>
The Spotify IPO date is scheduled for Tuesday, April 3, 2018, but we have a better profit play for Money Morning readers. It's a proven winner that could climb 28.06% over the next 12 months, and that doesn't even include a $2.52 dividend (1.46%).
Money Morning Director of Technology & Venture Capital Research Michael A. Robinson already has a bullish Facebook stock price prediction, and we just received 1.3 billion more reasons to like Facebook Inc. (Nasdaq: FB) stock.
Amazon (AMZN) is the master of everything. They own the retail space, are a dominant force in data storage, have hits in hardware and are quietly a logistics master. But the real prize -- and its not AWS -- it is Prime. Thats what could make Whole Foods interesting -- effectively turning it into
In the social media group, Facebook (NASDAQ:FB) still seems like the stock to own. First and foremost, it has profits. Can you say the same about Twitter (NYSE:TWTR) or Snap Inc. (NYSE:SNAP)? Because Facebook is already established, it may be tempting for some to invest in one of these other