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 …
Read More »Key Words: Alex Trebek’s biggest money mistake, and his advice for navigating the next crash in the stock market
Alex Trebek Getty Images “ ‘Crashes are a golden opportunity to make money, because the American economy is always solid enough to rebound.’ ” That’s Alex Trebek, the beloved longtime host of “Jeopardy!” who died on Sunday at the age of 80, opening up about his approach to money and …
Read More »Key Words: This billionaire protégé of George Soros has returned 30% a year for decades — here’s his gloomy take on what’s next in the stock market
Getty Images “ ‘We have borrowed so much that I’m skeptical that three to five years out that equities will give us any kind of return.’ ” That’s billionaire investor Stanley Druckenmiller talking about how a Democratic sweep of the White House and Congress in the upcoming elections could prove …
Read More »The Ratings Game: Promise of transparency on Google Cloud results cheers Wall Street, Alphabet stock climbs
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 …
Read More »Key Words: It’s been years since investors have been this fearful of a stock market crash, Nobel-winning economist warns
Everett Collection “ ‘No one knows the future, but given the general lack of investor confidence amid a pandemic and political polarization, there is a chance that a negative, self-fulfilling prophecy will flourish. This highlights the importance of being well diversified in asset classes — including Treasury securities, which are …
Read More »: Tesla stock higher after ‘best quarter’ ever for the Silicon Valley car maker
Tesla reported third-quarter earnings Wednesday. Getty Images Tesla Inc. stock rose in the extended session Wednesday after the Silicon Valley car maker reported a fifth straight quarter of profit and sales that rose 40%. Tesla TSLA, +0.16% said it earned $ 331 million, or 27 cents a share, in the …
Read More »Tesla stock falls after third-quarter deliveries keep demand concerns alive
Tesla Inc. stock fell more than 5% Friday after the Silicon Valley car maker reported quarterly sales that were above Wall Street consensus and hit a record but failed to dispel concerns about the company’s longer-term goals. Tesla TSLA, -7.37% earlier Friday said it delivered 139,300 vehicles in the third …
Read More »Europe Markets: U.S. and European stock futures fall after Trump’s positive coronavirus test
US President Donald Trump and Vice President Mike Pence make their way to the Rose Garden to speak on COVID-19 testing at the White House in Washington, DC on September 28, 2020. mandel ngan/Agence France-Presse/Getty Images U.S. and European equity futures fell sharply on Friday after President Donald Trump announced …
Read More »Trump is right — many 401(k) plans are benefiting from a recovering stock market — but that doesn’t mean Americans are in good financial shape
[unable to retrieve full-text content] A rising broad market doesn’t mean everyone is prospering MarketWatch.com – Top Stories
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