The options market has prepared for bigger-than-usual moves in the stocks of a trio of trillion-dollar companies, the day after they report quarterly earnings results. That’s because the implied volatility, or how much a stock can be expected to move over a certain period, of the stocks for Apple Inc. AAPL, +2.54%, Alphabet Inc. GOOGLE, … Read more
Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow’s opening night for the NHL’s newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021, in Seattle. Bruce Bennett | Getty Images Sports | Getty Images Amazon will report fourth-quarter earnings after the market closes on … Read more
My top 10 things to watch Thursday, Feb. 2, 2023 1. The Federal Reserve is saying exactly what it should say, allowing all people to dream what they want to dream. It vowed on Wednesday to keep fighting inflation and raised interest rates by 25 basis points. But the market seemed to rebound on Chair … Read more
S&P 500 futures advanced Wednesday night as investors looked beyond the latest interest rate hike and commentary from the Federal Reserve. Futures tied to the broad index added 0.5%. Nasdaq 100 futures gained 1.1%, helped by Meta shares. Futures connected to the Dow Jones Industrial Average ticked down 10 points, trading near flat. Meta surged … Read more
Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Platoon said Wednesday its net loss narrowed year over year, and, for the third quarter in a row, subscriptions revenue was higher than sales of the company’s connected fitness products. CEO Barry McCarthy … Read more
The Amazon headquarters sits virtually empty on March 10, 2020 in downtown Seattle, Washington. In response to the coronavirus outbreak, Amazon recommended all employees in its Seattle office to work from home, leaving much of downtown nearly void of people. John Moore | Getty Images Amazon’s 18,000-plus job cuts announced this month are being felt … Read more
Snapchat founder and CEO Evan Spiegel attends a session during the Viva Technology show in Paris on June 17, 2022. Eric Piermont | AFP | Getty Images Snap shares slid 13% in extended trading on Tuesday after the social media company reported fourth-quarter revenue that trailed analysts’ estimates. Here’s how the company did: Earnings per … Read more
My top 10 things to watch Monday, Jan. 30 1. Big week ahead. Big run so far in 2023. The Dow, the S & P 500 and the Nasdaq, despite looking at a down open, have ripped higher this year as a new, broader bull market emerges. I wrote a eulogy to FANG in my … Read more
Traders on the floor of the NYSE Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Rally faces tests this week The January rally has hung in there, weathering a mixed bag of earnings reports and forecast cuts, as well as some soft economic data. This … Read more
This nascent bull market started with the peak in interest rates and the dollar back in the fall and then broadened to include bank and semiconductor stocks in 2023. Is it fragile? Is it alchemy? Is it real? We’ll know after we see the quarterly earnings this week from the likes of Club holdings Apple … Read more