Articles

Boeing’s stock jumps after company names industry veteran Robert K. Ortberg CEO

News overshadowed the company’s weaker-than-expected quarterly earnings.

Yen surges to 150 per dollar after Bank of Japan hikes rates

Japanese currency hits four-month high after central bank tightens policy

Treasury says it won’t have to increase coupon auction sizes for ‘the next several quarters’

The U.S. Treasury will auction $125 billion in notes and bonds next week.

Kraft Heinz beat on profit, but sales fell shy as consumer remains ‘cautious’

Kraft Heinz’s stock gained ground in early Wednesday trading, after the food and beverage brands company beat profit expectations but missed on sales, citing a continued “cautious” consumer.

ADP says 122,000 jobs added in July. Smallest gain in six months points to weaker labor market.

U.S. businesses added just 122,000 new jobs in July, paycheck company ADP said, in another sign the labor market has cooled off and fewer people are being hired.

Marriott’s stock falls after it projects lower-than-expected Q3 profit

Hotel giant expects to report adjusted profit of $2.27 a share to $2.33 a share, below the analyst estimate of $2.38 a share.

Humana’s new CEO warns of ‘challenging’ environment, despite profit beat

CEO Jim Rechtin said Humana is “not realizing the full promise of the company” and that market conditions remained challenging due to an interest-rate environment “that has not kept pace with accelerated medical cost trends.”

HSBC plans another $3 billion stock buyback as CEO Noel Quinn prepares to leave

The London-headquartered bank beat expectations on a bumper result from its wealth-management arm as it launched another $3 billion share-buyback plan

Crypto investors embraced this trading strategy with bitcoin ETFs. But not for ether ETFs. 

The launch of bitcoin ETFs in January helped make basis trade, one of the most popular trades in crypto, even more popular. However, the trade is likely to be less in demand when it comes to ether ETFs.

Volatility got you nervous? These ETFs promise stock gains and plunge protection

‘Buffer ETFs’ use options to cushion your stock portfolio from market declines.

Microsoft got bruised while AMD cruised, but both will get an earnings boost from AI

From chips to services, AI expectations need a dose of reality and a longer-term view.

This strategist is predicting a big rally after the Fed decision. He’s been more right than wrong this year.

Thomas Lee, the usually optimistic co-founder and head of research at Fundstrat Global Advisor, is expecting a small-cap-led rally.
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