Tag Archives: outlook

Applied Materials Inc. late Thursday announced results and an outlook that topped Wall Street estimates, but the stock didn’t start taking off until the company started shedding light on what is driving its strong forecast. Applied Materials AMAT, -1.97% shares fluctuated between gains and losses before the analyst call started …

Micron Technology Inc. shares rose in the extended session Thursday after the memory-chip maker’s earnings confirmed that the industry is turning a corner. Micron’s MU, +2.59% results and forecast topped Wall Street estimates, and shares rose 1.5% after hours, following a 2.6% rise to close at $ 79.11 in the …

The Bank of England decided on Thursday to leave its key rate unchanged at 0.1% and keep the ceiling of its government bond-buying program at £875 billion ($ 1.1 trillion), as it noted that the U.K. economy is currently developing in line with its expectations. The British central bank, after …

Cisco has reported a year-over-year decline in revenue for four consecutive quarters. AFP via Getty Images Cisco Systems Inc. shares surged in the extended session Thursday after the maker of network services, videoconferencing tools and security software’s quarterly results and outlook topped Wall Street estimates, and it announced a new …

Beyond Meat continues to launch new products and expand distribution, but faces competition. Beyond Meat Beyond Meat Inc. BYND, -0.11% is scheduled to report third-quarter earnings on Monday amid a competitive landscape that seems to grow more crowded by the day. Over the past couple of months, Beyond Meat has …

The U.S. stock market has rebounded mightily in recent months but Howard Marks cautions investors to brace for a tough slog in the economy, and that’s even if a fresh fiscal stimulus package can be passed by Congress to help heal the coronavirus-stricken business climate. “Thus, this down-cycle cannot be …

A man walks by a pizza restaurant while wearing a face mask in Jersey City, New Jersey The road ahead for the U.S. economy looks rockier now than it did in June, according to a survey of economists released Monday. While growth is expected to continue, a panel of 52 …

Oil futures inched lower on Monday, undercut by continued demand worries, as the Organization of the Petroleum Exporting Countries further reduces its outlook for demand growth, as well as the potential for more oil from Libya. A storm in the Gulf of Mexico, however, threatens to disrupt energy output in …

Right now, there are two sides to the economy: Wall Street and everything else. Big tech stocks continue to grow and have pushed the S&P 500 to a record high this week. The Nasdaq also hit all-time highs thanks to FAANG stocks. Facebook, Alphabet, Amazon, Netflix and Google dominate the …