After earnings sent some well-known companies diverging in Friday’s session, Jessica Inskip, director of investor research at StockBrokers.com, has ideas on how to think about these names going forward. Inskip joined CNBC’s “Three-Stock Lunch” segment to discuss Exxon Mobil , Deckers Outdoor and Atlassian . Here’s what she had to say about each: Exxon Mobil Exxon Mobil shares slid 2.5% after fourth-quarter revenue came in below expectations, according to LSEG. That overshadowed the company’s beat on earnings per share. Inskip said investors should be concerned if the stock does not find support at around $106.84. “I actually have a bearish…
Author: usaeverydaylife
The air traffic control at Ronald Reagan Washington National Airport is pictured, in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, with the Capitol dome in the background, as seen from Virginia, U.S., January 30, 2025. Evelyn Hockstein | ReutersThe Federal Aviation Administration will restrict helicopter traffic around Washington, D.C.’s Ronald Reagan Washington National Airport after the fatal collision of Army Black Hawk helicopter with an American Airlines jetliner earlier this week, Transportation Secretary Sean Duffy said Friday.”Today’s decision will immediately help secure the airspace near Reagan Airport, ensuring…
The college all-star game played Saturday in Mobile, Ala., is called the Senior Bowl, but the game between the Chiefs and Eagles a week from Sunday in New Orleans could be called the Senior Citizen Bowl.While the Sean McVay effect remains real (see the hirings of 38-year-old Ben Johnson and 39-year-old Liam Coen), coaches who are old enough to be McVay’s father could dominate the Super Bowl.Foremost among them is Andy Reid. He was once the McVay of his day, the second-youngest head coach in the NFL. Now, at 66, he moves a little slower on his way to the…
Palantir CEO Alex Karp said the rise of competing artificial intelligence models such as China’s DeepSeek is a sign that the U.S. needs to work quicker to develop advanced AI.”Technology is not inherently good,” and could pose threats in the hands of adversaries, Karp told CNBC’s Sara Eisen in an interview airing Friday. “We have to acknowledge that, but that also just means we have to run harder, run faster, have an all-country effort.”Karp, whose company develops software and systems used by defense agencies, called the U.S. the “single best tech scene in the world,” but said competing tools such…
Demand for New York City office space has finally returned to pre-pandemic levels, driven by an influx of new workers as well as a drive by employers to see current workers return to the office.During the fourth quarter, office demand in the city jumped 25% from the year before, according to VTS, which measures demand through unique new tenant tours of properties. The measure is an early indicator of new leasing.”New York City’s shift back to in-office work reflects the city’s unique cultural and economic dynamics, especially in the finance and tech sectors,” said Nick Romito, CEO of VTS, in…
IOWA CITY, Iowa — In a recent Iowa women’s basketball team meeting, after the Hawkeyes had dropped five straight Big Ten games, first-year head coach Jan Jensen told the story of Florence Chadwick, an American swimmer.In 1952, Chadwick attempted to become the first woman to swim the 26 miles from the Catalina Islands to the California coastline. Fifteen hours into the swim, a heavy fog settled on the open waters and the 34-year-old began to doubt herself. An hour later, convinced she couldn’t make it, since she couldn’t see the coastline, she pulled herself into a boat. She was less…
President Trump plans to move forward with imposing stiff tariffs on Mexico, Canada and China on Saturday, in an attempt to further pressure America’s largest trading partners to accept deportees and stop the flow of migrants and drugs into the country.In a news briefing on Friday, the White House press secretary, Karoline Leavitt, said the president would put in place a 25 percent tariff on goods from Mexico, a 25 percent tariff on goods from Canada and a 10 percent tariff on goods from China.Ms. Leavitt said the president had chosen to impose tariffs because the three countries “have all…
Large cap management consulting and IT company Accenture (ACN) is toying with the prospect of a breakout-type move to new 52-week highs and all-time highs. The three identical charts below tell the tale. The annotations on each chart depict a very bullish setup, three different ways. And while perhaps there are 30 different ways to “draw the lines” (not just three ways) the 3 ways they’ve been drawn below are simple, straightforward, and bullish. Here at the $387 level Accenture is below its all-time high of $417.37 reached in December of 2021. We anticipate a move to the 2021 high…
Eaton on Friday delivered mixed fourth-quarter results Friday, but the electrical components and power systems company made clear that its fast-growing data center business isn’t slowing down despite the emergence of Chinese startup DeepSeek and its more efficient AI models. Revenue in the three months ended Dec. 31 increased 4.6% year over year, to $6.24 billion, missing the $6.33 billion consensus, according to estimates compiled by LSEG. Sales rose 6% on an organic basis, which strips out the impact of currency fluctuations and acquisitions and divestitures. Eaton also said its topline experienced a roughly $80 million headwind tied to Hurricane Helene…
Kash Patel, U.S. President Donald Trump’s nominee to be director of the FBI, looks on as he testifies before a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, U.S., January 30, 2025. Evelyn Hockstein | ReutersTrump Media this week gifted thousands of shares of company stock to President Donald Trump’s nominee for FBI director, Kash Patel, to Trump’s eldest son and to four other board members, new regulatory filings show.The company awarded 25,946 stock shares each to Patel, Donald Trump Jr. and the president’s pick for Education secretary, Linda McMahon, who all serve as Trump Media directors, the filings…
