Earnings are expected from a third of S&P 500 companies in the week ahead, and there will also be an important report card on the economy, with second-quarter GDP expected to be the strongest in four years. President Donald Trump made plenty of headlines in the past week, and fallout from some of those could
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SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are BlackBerry Ltd., Oracle Corp., and Kroger Co. BlackBerry US:BBRY BB, -1.35% is projected to report a loss of 27 cents a share in the first quarter, according to a consensus survey by FactSet. The Canadian smartphone
Nextdoor’s partnership with HouseCanary will offer members new property valuation and appreciation toolsNextdoor Nextdoor announced Tuesday a partnership with HouseCanary, a real estate data analytics company, to offer property valuation and comparison tools for its members. Since last year, Nextdoor has been building out the Real Estate offering on its platform, where users can find
A group of investors just bought a unique vignette of history for $1.4 million — a 22-building, Old West ghost town in California. Called Cerro Gordo, which means “fat hill” in Spanish, the more than 150-year-old town is located about 200 miles north of Los Angeles, 400 miles southeast of San Francisco and 200 miles
President Donald Trump‘s criticism of monetary policy won’t have much impact on how the Federal Reserve goes about its business, judging by initial market reaction. While making for more eye-popping headlines out of the Oval Office, the president’s complaints that rising interest rates are hampering economic progress did not move the fed funds futures market,
What’s one of the worst things that can happen to a gamer? They build up a character—experience, inventory, what have you—and then the game stops being supported and they lose everything. Well, that may be a thing of the past from now on. Immortal Player Characters are game characters built on the blockchain—which means, they’re
Huobi, the world’s third-largest cryptocurrency exchange platform by trade volume, is now offering a business arm to help customers build their own digital asset exchanges. Dubbed the Huobi Cloud, the service is set up to provide clients “a one-stop solution … [to enable] its partners to build secure and stable digital asset exchanges quickly,” according
If you’re a regular viewer of C-SPAN or CNBC, you probably know that Federal Reserve Chairman Jerome “Jay” Powell visited the Senate Banking Committee on Tuesday, and delivered his economic outlook to members of the House of Representatives on Wednesday. The Fed chair’s semiannual monetary report to Congress has been required by the Humphrey–Hawkins Full
Photographer: Stefan Wermuth/Bloomberg Introduction Many investors like to keep some gold in their investment portfolio — “just in case”. This may be especially true now, considering recent geopolitical strife — which is about as acute as it has been in a long time. However, in our view, adjusting your portfolio allocations based on what you
With Tuesday’s dramatic $600 bitcoin rally came a sharp rise in trading volume, more specifically a 100 percent increase from its 7-month volume low set just four days ago. As of Monday, bitcoin’s 24-hour trading volume had fallen to $2.92 billion, a level last seen on November 7. However, as price volatility tends to follow
So far, the second quarter has revealed American companies have not reached peak earnings yet. With 10 percent of companies in the S&P 500 reporting as of Wednesday morning, it looks like another above-trend quarter. Forty-eight companies have disclosed second quarter profit and revenue well above expectations. (48 companies reporting) Earnings: up 25.3 percent Revenue:
Check out the companies making headlines before the bell: General Electric – GE reported adjusted second quarter profit of 19 cents per share, 2 cents a share above estimates. Revenue also came in above consensus. GE said it saw particular strength in its aviation and health-care businesses during the quarter. Honeywell – The industrial conglomerate
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Friday’s session are Oracle Corp., Smith & Wesson Holding Corp., and Family Dollar Stores Inc. After Thursday’s closing bell, Oracle ORCL, -0.76% said its fiscal fourth-quarter profit fell to $3.65 billion from $3.81 billion a year earlier. Per-share earnings
The Brady Bunch aired on ABC from 1969 to 1974 (ABC Photo Archives/ABC via Getty Images) Except for an episode or two, did you ever notice how happy The Brady Bunch kids were sharing two bedrooms? Johnny Bravo’s (I mean, Greg’s) frustration aside, sometimes less is more, especially when it ultimately brings family closer together
London’s luxury developers are selling off homes in bulk to corporate landlords after a drop in demand for expensive new-build homes among individual buyers. Almost 40 per cent of London new-build sales in the second quarter of 2018 were to bulk buyers, who generally purchase at a steep discount with the aim of setting up
Comcast shares are more attractive after the company decided to walk away from its bidding war for Twenty-First Century Fox assets, according to Raymond James. The firm raised its rating to outperform from market perform for Comcast shares, predicting investor sentiment for the company will improve over the next year. On Thursday Comcast said it
Do you ever find yourself reading blockchain articles in disbelief at the reported profits? Or, if you’re anything like me, seem to stumble across these money-making opportunities just a little too late? If, like many experts say, Bitcoin has already boomed, Ethereum smart contracts are where the future is at. If you’re curious about being
MSX, the newly launched fintech arm of the Malta Stock Exchange, has inked several new deals aimed at creating new marketplaces for tokenized securities. The newly inked deal sees MSX team up with Neufund, a platform for securities tokenization and issuance, to build a “regulated and decentralized, global stock exchange for listing and trading tokenized securities
Bitcoin (BTC) is having a phenomenal 24 hours on the market; a bull run we haven’t seen from the digital currency in months. Let’s check in on the Bitcoin price. Source: CoinMarketCap Bitcoin Price Movement Last week, Bitcoin had an unimpressive week on the market, but it seems to have turned itself around as BTC
FILE: An employee works on the assembly line at the Ford Motor Co. Kentucky Truck Plant in Louisville, Kentucky, U.S., on Friday, Oct. 27, 2017. Photographer: Luke Sharrett/Bloomberg Right now, trade wars are the greatest threat to global growth. And if President Trump implements the threat of tariffs on autos, it could be the tipping
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Photo: Spencer Platt/Getty Images Exchange Traded Fund (ETFs) can be a great way to manage your portfolio, but you have so many choices now, so which are the best ETFs to use? This question is not as straightforward as it seems.
Bitcoin’s (BTC) refresher pause has likely set the tone for the next leg higher in prices. The leading cryptocurrency has spent a better part of the last 15 hours trading the $7,240–$7,440 trading range, having clocked a 40-day high of $7,588 at 18:00 UTC yesterday. Moreover, BTC was looking overbought at multi-week highs, hence a
Stocks have been in a slow-motion melt-up for the past couple weeks. What will it take for the market to hit new highs? The S&P 500 index has risen eight of the last ten trading sessions, up 3.7 percent, to the highest level since late January. It’s now only two percent from the historic high
Check out the companies making headlines before the bell: Travelers – The insurance company posted quarterly profit of $1.81 per share, well below the consensus estimate of $2.42 a share. Revenue was above forecasts, but the results were heavily impact by significant catastrophe losses, much of it weather-related. IBM – IBM reported adjusted quarterly profit
NEW YORK (MarketWatch) — A spurt of acquisition announcements or talk of deals involving Wisconsin Energy Corp., Oracle Corp., and General Electric Co. may set those shares up for active trading in Monday’s session. Wisconsin Energy Corp. WEC, -0.18% said it would buy Integrys Energy Group Inc. US:TEG in a cash-and-stock purchase valued at $9.1
ShutterstockShutterstock While price is the first thing on a purchase offer that a home seller will look at, it’s not the only thing. There are simply more buyers than there are homes for sale, which can make the process of finding and buying a home incredibly difficult. Aggressive markets with low inventory are driving buyers
CNBC’s Jim Cramer often says that investors should watch the transportation stocks because they offer valuable insights into a key economic driver: commerce. And last week, things didn’t look good. “If commerce is weak, then the stock market is going to get weak,” the “Mad Money” host said on Wednesday. “We got some real downer
Warren Buffett has looked around for suitable ways to invest Berkshire Hathaway‘s $106 billion cash hoard, and he has finally come up with an idea: Berkshire Hathaway. The move sent Berkshire shares soaring more than 5 percent on Wednesday. Starting in August, the Omaha conglomerate may buy back more shares, joining a huge number of
Yesterday, bulls charged the crypto market, which caused Bitcoin to add $9B to its market capitalization in less than thirty minutes. But the Fed chairman on crypto is swinging the opposite way. Today, we’ve seen a few bears emerge from the forest. Specifically, the head of the Federal Reserve spoke on cryptocurrencies today, providing comments
Peer-to-peer bitcoin exchange Paxful is doubling down on developing markets. Revealed exclusively to CoinDesk, the startup plans to open an office in hyperinflation-ridden Venezuela in September and release an Android app, its first for mobile devices, in October. According to Paxful co-founder Ray Youssef, the reason for both moves is that exchange use is surging