Investors should buy tech stocks in market pullbacks: Investment strategist
BMO Capital Markets chief investment strategist Brian Belski on his outlook for the market, sharing that he is still bullish for the long-term.
CVS raises outlook on COVID-19, Medicare products
CVS Health beat Wall Street expectations and after releasing projections earlier this year that disappointed analysts, a new outlook Tuesday exceeds those levels.
Pfizer’s COVID-19 vaccine lifts quarterly results
Pfizer Inc. significantly increased revenue projections from its Covid-19 vaccine for the year, as sales from the shot over the first three months of 2021 lifted the company to a stronger quarterly profit.
What to expect from markets in May
Kaltbaum Capital Management President Gary Kaltbaum, Kadina Group president Gary B. Smith and Payne Capital Management President Ryan Payne discuss the markets, Biden’s spending plans and economic recovery.
Stocks near records as COVID-19 restrictions drop across states
Stocks rise in anticipation of more positive earnings reports set for this week with over 130 companies on the docket.
Record share of companies are beating earnings estimates
With the earnings season more than halfway over, most companies in the S&P 500 have surpassed analysts’ profit expectations. As of Friday, results from 87% of those that have reported were better than expected, according to Refinitiv. That is above the historical average of 65% and on pace for the highest share since Refinitiv began tracking the metric in 1994.
Pfizer, GM earnings and jobs report top week ahead
A busy earnings week includes GM, Pfizer results as well as the upcoming trial for disgraced former Theranos CEO Elizabeth Holmes.
Berkshire Hathaway reports $11.7 billion profit as manufacturing, service, retail recover from pandemic
Berkshire’s net earnings hit $11.7 billion for the first quarter of 2021, up from a $49.7 billion loss a year earlier.
Warren Buffett's annual Berkshire Hathaway meeting: What to watch
Chairman and CEO Warren Buffett, Vice Chairman Charlie Munger and other executives will address Berkshire shareholders and answer their questions virtually for the second year in a row because of the COVID-19 pandemic.
How to invest amid the market not being phased by high earnings estimates
Former Nuveen senior portfolio manager Bob Doll, Payne Capital Management senior wealth adviser Courtney Dominiguez, and Macro Trends Advisors founding partner Mitch Roschelle on the impact of earnings estimates on the market
How to invest in a market unfazed by high earnings estimates
Former Nuveen senior portfolio manager Bob Doll, Payne Capital Management senior wealth adviser Courtney Dominiguez, and Macro Trends Advisors founding partner Mitch Roschelle on the impact of earnings estimates on the market
Big Tech stocks will keep going higher: Market watcher
SlateStone Wealth chief market strategist Kenny Polcari on Big Tech earnings and how the markets are reacting to the Biden administration’s tax plans.
Exxon posts $2.7B quarterly profit after unprecedented year
Exxon Mobil reported a quarterly profit of $2.73 billion, despite facing major spending reductions as a result of the pandemic.
Can Amazon stock hit $4,000 per share?
Evolution VC Partner founder Gregg Smith provides insight into ‘smashing’ Big Tech earnings.
Look into consumer cyclical stocks, housing stocks: Strategist
Cornerstone Macro chief investment strategist Michael Kantrowitz on inflation, the latest employment numbers, consumer spending, economic growth and the markets.
Stocks slide from record, S&P still gains 5% for April
U.S. equity markets were under pressure Friday morning as investors dissected another batch of earnings that included Amazon’s blowout quarter.
Amazon sales top $108B as Bezos touts Prime and cloud growth
Amazon's sales soared as CEO Jeff Bezos prepares to step aside for his successor Andy Jassy.
Twitter sees fewer users than expected and stock sinks
Twitter Inc. on Thursday reported increased quarterly revenue on the strength of ad sales, but its user numbers fell short of expectations.
Domino’s didn’t need ‘aggressive’ promotions for growth, CEO says
Domino’s saw U.S. same store sales increase by 13.4% during its first quarter compared to the same time last year, even without aggressive promotions.
McDonald's sees sales boost from chicken sandwich amid COVID-19 rebound
Chicken sandwiches and flashy celebrity food promotions are fueling earnings for McDonald's.