Wells Fargo Securities’ Michael Schumacher sees major headwinds over the next week to ten days.
Schlagwort-Archiv: CNBC
Halfway through earnings season, the coronavirus resurgence is overshadowing great results
We are now halfway through a spectacular third quarter earnings season, but the market has shrugged.
Pinterest shares are soaring — up 38% — after delivering a monster quarter
Pinterest’s boost from a rebound in advertising likely signals positive things for its tech peers that also have major advertising businesses.
Tapestry shares surge after Coach owner’s sales fall less than expected, boosted by China, e-commerce
Coach owner Tapestry reported quarterly results that topped estimates, driven by triple-digit e-commerce growth and a rebound in China.
Comcast nets record high-speed internet adds, has nearly 22 million Peacock sign-ups
Comcast’s third-quarter earnings beat analyst estimates on the top and bottom lines.
Yum Brands quarterly revenue rises 8%, fueled by higher Taco Bell demand
Yum Brands reported that quarterly revenue rose 8%, fueled by Taco Bell’s return to positive same-store sales growth.
Real estate fintech CoreLogic receives multiple bids at more than $80 a share, sources say
Property data and analytics firm CoreLogic has received multiple takeover bids at north of $80 a share.
Cramer on the sell-off: ‚It’s very hard to buy a lot of stocks when you see these‘ case numbers
„It’s shame too because with stimulus, we’d be very tempted to own some of these stocks,“ CNBC’s Jim Cramer said. „But right now, I think everyone is just fearful.“
Dividends and buybacks are rebounding, but it’s not all good news
Five of the 42 companies that suspended their dividends reinstated their dividend, at least partially.
Asia will be ‚resilient‘ in a coronavirus second wave. Here’s how to invest, says Credit Suisse
As parts of the world brace for a second wave of Covid-19 infections, the economic impact on Asia will likely be „limited“ as the region remains resilient, according to a Credit Suisse strategist.