Stocks on Wall Street plunged Monday, but futures trading suggests a rebound — or a least a respite — on Tuesday. Dow Jones Industrial Average futures YM00, +0.73% rose more than 200 points on Tuesday, while S&P 500 futures ES00, +0.84% gained 0.8% and Nasdaq Composite futures NQ00, +1.20% …
Read More »NewsWatch: Why the coronavirus outbreak is delivering a fresh dose of recession fear to the stock market
MARKETWATCH FRONT PAGE A more apropos adage for today’s market bears may be that when an outbreak of coronavirus grinds the world’s second-largest economy to a halt, the rest of the world catches a recession. See full story. My husband watches TV all day while I cook and clean. He …
Read More »NewsWatch: Why the coronavirus outbreak is delivering a fresh dose of recession fear to the stock market
MARKETWATCH FRONT PAGE A more apropos adage for today’s market bears may be that when an outbreak of coronavirus grinds the world’s second-largest economy to a halt, the rest of the world catches a recession. See full story. Berkshire Hathaway posts $ 29.2 billion quarterly earnings and holds $ 128 …
Read More »Six Flags stock hammered after surprise loss, downbeat guidance and dividend cut
Shares of theme park operator Six Flags Entertainment Corp. slid 18% Thursday to put them on track for a seven-year low, after the company swung to a surprise fourth-quarter loss, offered downbeat guidance and cut its dividend. More than 7 million shares SIX, +2.32% had changed hands by early afternoon, …
Read More »The Ratings Game: Dropbox stock surges toward best day on record as bulls say profit focus is a turning point
Dropbox shares are surging toward their best single-day performance on record on Friday as bulls say the stock has finally hit a turning point. The cloud-storage company initially got a warm reception from Wall Street when it came public in early 2018, but the stock has languished in recent months …
Read More »NewsWatch: If you could buy only one stock for 5G and artificial intelligence, this would be it
MARKETWATCH FRONT PAGE Look at Applied Materials See full story. Why Canopy Growth’s sales grew as Aurora Cannabis struggled to sell more weed Canopy Growth Corp. reported earnings early Friday that gave investors a few reasons to cheer: In short, it wasn’t a total disaster. See full story. Delta’s CEO …
Read More »The Ratings Game: Nvidia stock eyes new high as record data-center sales prompt analyst love fest
Nvidia Corp.’s stock surged Friday as analysts practically wrote Valentine’s Day notes for the company and raised their price targets after the chip company barreled past expectations in data-center sales following a tough year of revenue declines. Nvidia NVDA, +8.30% stock surged to an intraday high of $ 294.40, and …
Read More »Earnings Results: Nvidia’s server sales spike, stock jumps in late trading
Nvidia Corp. shares rallied in the extended session Thursday after the chip maker’s data-center sales and outlook topped Wall Street estimates while returning to revenue growth. Outsize data-center gains in the fourth quarter made up for a small shortfall in gaming sales. Nvidia reported a 56% gain in gaming sales …
Read More »Bloom Energy has provided incorrect financial results since IPO, stock sinks more than 20%
Bloom Energy Corp. announced Wednesday afternoon that all financial results the company has provided during and since its initial public offering will have to be restated due to an accounting error, sending its stock on a downward spiral. Bloom BE, -8.99% shares had bounced back with a gain of more …
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