Home / Finance (page 147)

Finance

Stocks making the biggest moves after hours: Tesla, Costco and more

FilmMagic | HBO | Getty Images Elon Musk speaks on stage during the Westworld Featured Session during SXSW at Austin Convention Center on March 10, 2018 in Austin, Texas. Check out the companies making headlines after the bell: Tesla stock dipped 2 percent in the extended session following a tweet …

Read More »

Chip stocks drop after Deutsche Bank cuts industry earnings estimates due to big ‘downturn’ risk

Jason Janik | Bloomberg | Getty Images Robert Neely prepares to load a silicon wafer machine in a clean room at the Texas Instruments semiconductor fabrication plant in Dallas, Texas, U.S., on Tuesday, June 16, 2009. Texas Instruments Inc., the second-largest U.S. semiconductor maker, reported sales and profit that beat …

Read More »

JP Morgan downgrades China stocks, predicts ‘full-blown trade war’ with US 

Tomohiro Ohsumi | Bloomberg | Getty Images A paramilitary police officer stands guard in front of red flags at Tiananmen Square in Beijing, China. J.P. Morgan is getting less optimistic about the trade conflict between the U.S. and China. The firm lowered its rating for Chinese equities to neutral from …

Read More »

Snap shares fall after analysts cut price targets, citing Instagram competition

Brendan McDermid | Reuters A banner for Snap Inc. hangs on the facade of the the New York Stock Exchange on the eve of the company’s IPO in New York. Snap’s user engagement will decline as the messaging app’s customers move to other platforms, according to Evercore ISI. The firm …

Read More »

Stocks making the biggest moves after hours: Cloudera, Tilray and more

Michael Nagle | Bloomberg | Getty Images Tom Reilly, chief executive officer of Cloudera Inc., stands during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York. Check out the companies making headlines after the bell: Cloudera shares jumped more than …

Read More »

These Dow stocks — including Goldman — win big when rates rise

Stephen Lam | Reuters Tim Cook, CEO of Apple, smiles during a demonstration of the newly released Apple products following the launch event at the Steve Jobs Theater in Cupertino, California, September 12, 2018. Interest rates are surging with the benchmark U.S. 10-year Treasury note yield hitting levels not seen …

Read More »

Marijuana stock Tilray plunges 16% after PepsiCo CFO says no pot plans

Cannabis stocks fell across the board Tuesday after PepsiCo told investors that the food and beverage giant said it has no plans to invest in marijuana. Though most of the marijuana stocks opened Tuesday without much fanfare, they took a leg lower after PepsiCo Chief Financial Officer Hugh Johnston told …

Read More »

Trump’s dairy fight with Canada gets only $70 million more than TPP

Christinne Muschi | Bloomberg | Getty Images A cow stands at the Lookout dairy farm in North Hatley, Quebec, Canada on Wednesday, Sept. 5, 2018.  President Donald Trump’s declared victory for U.S. dairy farmers may not be as large as it seems. On Sunday, the U.S. and Canada reached a …

Read More »

Buy stocks like Adobe and VMware to ride out a trade war with China

David Paul Morris | Bloomberg | Getty Images People enter the Adobe Systems Inc. office in San Francisco, California. Goldman Sachs says there is still an investment strategy that can outperform even if the trade war with China gets worse. The firm recommended companies with strong and sustainable profit margins. …

Read More »

IL&FS complicates RBI interest rates decision

With the rupee hovering close to its all-time weakest level against the U.S. dollar, India’s central bank is widely expected to hike interest rates this week to shore up the currency. The rupee has been the worst-performing Asian currency this year, losing around 14 percent against the greenback on the …

Read More »