Emerging markets have been on a tear this year, and one trader believes there’s still more room to run. While the emerging-market ETF (EEM) is already up almost 24 percent in 2017, Todd Gordon of TradingAnalysis.com says Tuesday’s drop in the dollar will further boost emerging market equities. “The dollar …
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Power producers have struggled to figure out a winning model since the late 1990s, when many states broke up large utilities to allow competition in segments like generating power and selling electricity to end users. To some degree, that’s simply due to the challenge of operating businesses that invest in …
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If you think the S&P 500 is set to rise even higher from current, near-record levels, you’re in luck. Bullish options contracts that will increase in value should the market rise a few percentage points over the course of the next month have rarely cost less. “They’re basically giving away …
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For all the hype in the digital currency world about so-called initial coin offerings, U.S. investors often can’t officially participate. The reason, several analysts told CNBC, is companies’ fear of being held accountable by the U.S. Securities and Exchange Commission in case buyers lose money in what can be a …
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Alexander Shcherbak | TASS | Getty Images Russia’s Deputy Foreign Minister Sergei Ryabkov speaks at the 6th Russian-American forum, Fort Ross Dialogue 2017, hosted by Russia for the first time, in the village of Izborsk. The U.S. State Department said on Tuesday talks between two senior U.S. and Russian diplomats …
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Andrew Harrer | Bloomberg | Getty Images Ginni Rometty, chief executive officer of International Business Machines Corp. As IBM gets set to report second quarter earnings after the bell today, investors may be losing patience. Analysts expect Big Blue to report its 21st straight quarter of declining revenue growth as …
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Daniel Acker | Bloomberg | Getty Images A Harley-Davidson Wide Glide motorcycle sits on display at the Starved Rock Harley-Davidson dealership in Ottawa, Illinois. Harley-Davidson on Tuesday cut its full-year motorcycle shipments forecast, underscoring slowing demand as the company’s loyal baby boomer customer base ages. The company’s shares were down …
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Christopher Goodney | Bloomberg | Getty Images Brian Moynihan, Bank of America Bank of America, the second-largest U.S. bank by assets under management, is set to report second-quarter results on Tuesday. Here’s what Wall Street is expecting: EPS: 43 cents expected by analysts polled by Thomson Reuters. Revenue: $21.781 billion …
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Kirill Kudryavtsev | AFP | Getty Images Russian President Vladimir Putin speaks with journalists after his annual ‘Direct Line with Vladimir Putin broadcast live’ by Russian TV channels and radio stations at the Gostiny Dvor studio in Moscow on June 15, 2017. Russia has threatened to take retaliatory measures against …
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Brendon Thorne | Bloomberg | Getty Images A woman carries shopping bags as she walks at the Pitt Street Mall in Sydney, Australia, on Thursday, April 13, 2017. Australia’s central bank has turned more upbeat on the economic outlook, citing an improving labour market, stronger public investment and a pick …
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