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Stocks are pausing with several important and uncertain events looming this week. The S&P 500 fell 0.3 percent between Friday, July 17, and Friday, July 24. It was the first decline in four weeks and occurred at the same level where the coronavirus correction...
This week's earnings featured a huge quarter from electric-car maker Tesla and several positive surprises in the housing space. TSLA's earnings and revenue beat estimates in the second quarter, despite coronavirus shuttering some factories. Its manufacturing practices...
Semiconductors are starting to outperform as investors prepare for results from firms like Intel and Advanced Micro Devices. The Philadelphia Semiconductor Index ($SOX) broke out to new record highs on July 6 and have held their ground since. Its relative strength...
It could have been a lot worse. That's the verdict after some of the most important technology companies reported earnings. Facebook (FB) and Alphabet (GOOG) rallied more than 5 percent after first-quarter revenue beat estimates. It was a huge relief for investors...
Coronavirus kept spreading last week, but investors are trying to look past the outbreak. The S&P 500 surged 10 percent between Friday, March 20, and Friday, March 27. It was the biggest weekly rally in 11 years and followed a major drop the previous week. Every...
Stocks sank into the red last week as investors balked at chasing highs -- especially with coronavirus still spreading in China. The S&P 500 slid 1.25 percent in the holiday-shortened week between Friday, February 14, and Friday, February 21. Big technology...
After a historic rally, last night's earnings proved Tesla has a place among the great American companies. The electric-car innovator maker crushed both profit and revenue forecasts as CEO Elon Musk fixed manufacturing problems. That resulted in both higher margins...
Stocks just had their worst week since August as China's coronavirus spread and investors took profits after months of steady gains. The S&P 500 declined 1.03 percent between Friday, January 17, and Friday, January 24. Energy and global indexes led the selling,...
The busiest part of earnings season has passed, and big technology stocks were winners again. In particular, Apple (AAPL), Facebook (FB), Advanced Micro Devices (AMD) and Intel (INTC) all rallied on strong results. Big health-care names like Merck (MRK) and Amgen...