Now is when investors need to be especially vigilant to avoid recency bias, which occurs when we give greater weight to events that have happened recently than those that occurred further in the past. Investors are guilty of this, for example, when they get rid of a financial adviser with …
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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 …
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The 2020 U.S. presidential election has been a nail-biter, so it’s understandable if many folks were glued to Electoral College maps and races that were “too early to call” for incumbent President Donald Trump or his Democratic challenger Joe Biden on Election Night. There was still no clear winner for …
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A pedestrian walks past an electronic board displaying the Nikkei 225 index on the Tokyo Stock Exchange in Tokyo on Wednesday. AFP/Getty Images Asian markets were mixed in early trading Wednesday, as investors weighed the results of the U.S. presidential election. Japan’s Nikkei 225 NIK, +1.71% rose 1.9% and South …
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AP Google parent Alphabet Inc. shares broke with the broader market Friday, closing higher after the tech giant blew past Wall Street estimates with a return to revenue growth and a promise to be more transparent about cloud profitability. Alphabet GOOG, +3.43% GOOGL, +3.80% Class C shares, which had been …
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Apple reported fiscal fourth-quarter earnings Thursday. AFP/Getty Images Record Mac sales helped Apple Inc. make up for a lack of new iPhones in its fiscal fourth quarter, as the COVID-19 pandemic continued to drive surging demand for remote-work tools. Though Apple’s AAPL, +3.70% iPhone business fell short in the September …
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Peloton Interactive Inc. reported fiscal fourth-quarter earnings Thursday afternoon. MarketWatch photo illustration/iStockphoto A year after its initial public offering, Peloton Interactive Inc. is pedaling toward new highs amid a pandemic that is forcing people into their homes and away from gyms, creating demand for at-home fitness equipment. Peloton PTON, -3.75% …
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MARKETWATCH PHOTO ILLUSTRATION/ISTOCKPHOTO|, CROWDSTRIKE CrowdStrike Holdings Inc. shares retreated from 2020’s meteoric rise in the extended session Wednesday after the cloud-based cybersecurity company topped Wall Street estimates, with more businesses seeking to protect their systems as employees work from home. On a conference call, CrowdStrike CRWD, -1.12% co-founder and Chief …
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Verizon Communications Inc. shares gained Friday after the company posted results that analysts called “clean” and “reliable.” The wireless operator topped both revenue and adjusted earnings expectations for the June quarter even as both dipped from a year ago as the company felt the effects from COVID-19. In particular, Verizon’s …
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