The upcoming Black Friday and Cyber Monday sales are critical for Apple (AAPL) and Amazon (AMZN). This weekend will see customers spend billions of dollars.
Analysts have been flocking to chipmakers Advanced Micro Devices (AMD) and Nvidia (NVDA) after their respective third-quarter earnings results.
Rapidly increasing interest rates could dampen the financial sector’s growth. A flattening yield curve could also affect the sector.
Fitbit (FIT) stock soared as much as 30% today after Reuters reported that Google had made a bid for the fitness tracker.
The four biggest utilities by market cap in XLU—NextEra Energy, Duke Energy, Dominion Energy, and Southern Company—all offer handsome dividend profiles.
Apple’s bottom line has taken a hit once more. The tech behemoth reported a net profit that remains extremely robust but it was down 12.8%.
Yesterday, the ISM (Institute for Supply Management) and IHS Markit released their US manufacturing PMI data for September.
Over the last month, several observers have pointed to the looming economic slowdown.
In a published report, the world’s largest hedge fund, Bridgewater Associates, warned about peak US (SPY) (DIA) profit margins.