Stocks cling to gains ahead of BIg Tech, Fed; BA, GM rally after earnings
Stock futures were slightly higher at the start of an eventful Wednesday, during which Big Tech executives will testify before Congress and the Federal Open Market Committee will release its July monetary policy statement. A host of quarterly corporate…
Stock futures open higher ahead of Big Tech hearing, Fed meeting
Stock futures opened higher Tuesday evening ahead of an eventful Wednesday, during which Big Tech executives will testify before Congress and the Federal Open Market Committee will release its July monetary policy statement. A host of quarterly corporate…
Software Startup Procore Said to Cut 180 Jobs Ahead of IPO
(Bloomberg) — Procore Technologies Inc., a construction software startup that filed to go public this year, has cut about 180 jobs, according to a person familiar with the matter. The company said in a blog post Tuesday, which confirmed an earlier…
Clean Energy ETFs Soaring Ahead of Q2 Earnings
The clean energy space has been showing strength on the presumptive Democratic presidential candidate Joe Biden’s push for clean energy and infrastructure plans. Merger activity added to investors’ enthusiasm. The popular ETFs in the space — iShares…
Ahead of hearing with big tech CEOs, Cicilline says a Biden presidency would lead to regulation next year
WASHINGTON — A top Democrat leading an antitrust investigation into the nation’s top technology companies said Wednesday his committee will release a report by the end of August with recommendations on legislation that Congress could pass into law as…
IBM, CocaCola Lead Strong Earnings Parade Early, With United Airlines Ahead Later
Key Takeaways: Earnings parade this morning includes CocaCola, Lockheed, with United after the close Market hints at spillover strength after yesterday’s march higher Crude rebounds firmly, helped partly by new European fiscal stimulus (Tuesday Market…
Stock futures mixed ahead of heavy week of earnings
Stock futures were on track for a mixed open as investors looked ahead to a packed week of earnings, stimulus talks and congressional testimony from Covid-19 vaccine developers. Stocks closed out last week with a choppy session, though both the S&P…
Stock futures open higher ahead of heavy week of earnings
Stock futures opened higher Sunday evening as investors looked ahead to a packed week of earnings, stimulus talks and congressional testimony from Covid-19 vaccine developers. Stocks closed out last week with a choppy session, though both the S&P 500…
Tech Versus the Rest Dominates Trading Debate Ahead of Earnings
(Bloomberg) — Trading ideas are stacking up for what’s set to be a difficult second-quarter earnings season featuring a wide variation in performance due to the coronavirus pandemic. Stocks have surged from March’s lows despite the bleakest profit…
How Might Tech Shape Up In the Post-COVID Economy? Earnings Ahead
Key Takeaways: Analysts expect a decline in Q2 and Q3 earnings but a strong recovery from Q4 2020 through 2021 Companies producing or offering cloud-based and subscription-based services performed better during the COVID lockdown period Economic…