The early 2023 corporate earnings outlooks that companies are issuing alongside actual fourth-quarter results are deteriorating, Bank of America equity and quantitative strategist Savita Subramanian wrote in a report Sunday. As a result, S & P 500 earnings estimates for 2023 have already fallen 1%
In this article MUINTCMETAGOOGLAMZNMSFTAAPL Follow your favorite stocksCREATE FREE ACCOUNT Chief Executive Officer of Apple Tim Cook (L) arrives at the White House to attend a state dinner honoring French President Emmanuel Macron, in Washington, DC, on December 1, 2022. Roberto Schmidt | AFP | Getty Images Apple ramped up
Medical device makers, like many manufacturers, have faced challenges over the last year from inflationary supply chain costs, staffing shortages and the strong dollar impacting sales overseas. But the new year has brought a more positive tone from firms in the sector, even as large
Sometimes the stocks say it all. When I went over about 1,000 stocks this weekend, I was astonished to see that the stocks with the strongest charts were those in the most offensive categories. Whether it be levered steel companies U.S. Steel (X) and Cleveland-Cliffs
After a dismal performance for stocks and bonds in 2022, Wall Street is looking outside of the U.S. for growth in 2023. Emerging markets, which include countries such as China, India, Brazil and more, are a top area where money managers are investing in hope
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Jeff Ubben's Inclusive Capital has taken a position in Salesforce, according to sources, CNBC's David Faber
In this article NYT Follow your favorite stocksCREATE FREE ACCOUNT Newly elected U.S. Rep. George Santos (R-NY) stands alone on the floor of the U.S. House of Representatives during voting for a new House Speaker on the third day of the 118th Congress at the U.S. Capitol in
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaks at the company's Ignite Spotlight event in Seoul on Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Microsoft announced on Monday a new multiyear, multibillion-dollar investment with ChatGPT maker OpenAI. Microsoft declined to provide
Federal prosecutors continue to build their case against Sam Bankman-Fried. The former crypto king on Nov, 11 had to file for bankruptcy after two of his star firms, FTX and Alameda Research, were unable to meet massive withdrawal demands from their clients. FTX is a cryptocurrency exchange and Alameda
S&P 500 4,007.11 +34.50(+0.87%) Dow 30 33,582.37 +206.88(+0.62%) Nasdaq 11,294.37 +153.94(+1.38%) Russell 2000 1,878.35 +11.02(+0.59%) Crude Oil 81.91 +0.27(+0.33%) Gold 1,914.30 -13.90(-0.72%) Silver 22.90 -1.03(-4.32%) EUR/USD 1.0858 0.0000(-0.00%) 10-Yr Bond 3.5260 +0.0420(+1.21%) GBP/USD 1.2354 -0.0047(-0.38%) USD/JPY 130.5910 +1.0520(+0.81%) BTC-USD 22,832.29 +51.40(+0.23%) CMC Crypto 200 522.33 -0.25(-0.05%) FTSE 100 7,792.37 +21.78(+0.28%) Nikkei 225 26,906.04 +352.51(+1.33%) What can we say about 2023? We’ve just come off a truly challenging year, with a difficult bearish trend pushing stocks down across the board, especially in the tech sector. In this environment, transparency – the
