Oppenheimer Asset Management’s John Stoltzfus expects a temporary setback to the March 23 rally, but he’s not abandoning his bullish stance on stocks.
Schlagwort-Archiv: Financial
Singapore’s largest bank reports 22% fall in quarterly profit as it guards against pandemic-induced risks
Net profit at DBS fell to 1.25 billion Singapore dollars ($912.9 million) in the second quarter — down from 1.6 billion Singapore dollars a year ago but beating Refinitiv estimates of around 1.19 billion Singapore dollars.
Bank of England holds rates steady but warns of a slower economic recovery
The Bank of England has held interest rates steady and maintained its existing level of asset purchases, but warned it is anticipating a slower economic recovery from the coronavirus crisis.
Stocks making the biggest moves in the premarket: Hilton, Restaurant Brands, Bausch Health & more
The stocks making the biggest moves in premarket trading include Hilton, Restaurant Brands, Bausch Health, and more.
Nikola’s entire quarterly revenue of $36,000 was from solar installation for the executive chairman
All of Nikola’s revenue in the second quarter was connected to solar installations for one of the company’s executives.
Stocks making the biggest moves after hours: Etsy, Western Digital, Live Nation and more
See which stocks are posting big moves after the bell.
Popeyes parent’s revenue falls 25% despite chicken chain’s soaring same-store sales
Popeyes, powered by its popular chicken sandwich, reported same-store sales growth of 24.8%.
College students are buying stocks – but do they know what they’re doing?
A lot of college students are starting to get into the investing game amid the coronavirus lockdown thanks to easy-to-use apps. But critics say they don’t know what they’re doing and they’re getting played by Wall Street pros. Is that true or are they doing their homework? This story is part of CNBC’s „College Voices 2020“ series.
PayPal poaches Wells Fargo’s innovation executive Peggy Mangot for venture capital team
PayPal, a pioneer in online payments, is on a tear, posting record quarterly results last month as the coronavirus pandemic accelerated e-commerce and digital payments trends.
Kodak reportedly under SEC investigation over disclosure of U.S. drug producing deal
The SEC’s probe, which is still at an early stage, is focused on how Kodak disclosed the deal with the government, the Journal reported, citing people familiar with the matter.