Google parent company Alphabet is among a handful of stocks that could surprise to the upside when it reports earnings later this month, according to FBB Capital Partners director of research Mike Bailey. Alphabet stock was one of three companies that Bailey said he is watching on ” Power Lunch ” on Friday. Danaher Danaher also has a track record of beating earnings estimates, Bailey said. Still, the life sciences stock has slipped nearly 11% so far in 2025. Bailey pinned some of its past struggles on difficult comparisons coming out of the Covid-19 pandemic as well as some “misses”…
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Investigative officials stand at the site of Air India Boeing 787 which crashed yesterday, on June 13, 2025 in Ahmedabad, India.Ritesh Shukla | Getty ImagesA preliminary report by Indian aviation accident investigators said on Saturday the fatal Air India crash that killed 260 people in Ahmedabad last month showed the plane engines’ fuel switches shifting from run to cutoff within seconds of each other.”At this stage of investigation, there are no recommended actions to Boeing and/or GE engine operators and manufacturers” India’s Aircraft Accident Investigation Bureau said.The agency, an office under India’s civil aviation ministry, is leading the probe into…
The upcoming earnings season will show investors whether the bull case for equities still holds. The second quarter reporting season comes at a pivotal point for the stock market, with the S & P 500 and Nasdaq Composite trading at all-time highs this week even after an onslaught of bad news regarding higher tariffs, a ballooning fiscal deficit, softening growth and elevated geopolitical risk. But investors are hanging their hopes on an earnings season that may build a floor under the thesis that if the AI story remains intact, and earnings come in better than expected, then the megacaps will…
Amazon , a serious year-to-date laggard (+2.8% vs SPY +6.5%, QQQ +8.7%, & XLK +10.5%) is judged at present to be an excellent “catch-up” trade to the market. It is also judged to be a good “pair trade” versus Walmart . The charts herein tell the tale. We recommend buying AMZN itself, believing the stock is poised to advance back to its former all-time high of Feb. 4 at the $242.52 level ( about 8% from where the stock is trading at present. We recommend buying AMZN and shorting WMT, making the case that AMZN is a good long relative…
Join Jim and portfolio manager Jeff Marks from the iconic New York Stock Exchange as they share their strategies for the back half of this volatile year. Source link
Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, May 8, 2020.Calvin Sit | Bloomberg | Getty ImagesCrypto billionaire Justin Sun is buying another $100 million worth of $TRUMP, doubling his total known stake of digital coins tied to President Donald Trump.Sun, who founded the TRON blockchain and is working to resolve a civil fraud case with the Securities and Exchange Commission, announced the purchase of the $TRUMP token in an X post on Wednesday. Sun said the Trump-linked digital coins will soon be tradeable on the TRON network.”$TRUMP on TRON is the currency of…
Shoppers at the Walmart Supercenter in Burbank during Walmart’s multi-week Annual Deals Shopping Event in Burbank Thursday, Nov. 21, 2024.Allen J. Schaben | Los Angeles Times | Getty ImagesSuppliers to Walmart have delayed or put on hold some orders from garment manufacturers in Bangladesh, according to three factory owners and correspondence from a supplier seen by Reuters, as U.S. President Donald Trump’s threat of a 35% tariff on the textile hub disrupts business.Bangladesh is the third-largest exporter of apparel to the United States, and it relies on the garment sector for 80% of its export earnings and 10% of its…
A handful of companies with earnings slated for next week tend to exceed Wall Street’s estimates and get a bump in their share prices. Asset management heavyweight BlackRock is among these names. Earnings season for the second quarter could portray a period of slow growth. Analysts have lowered their earnings per share estimates for the quarterly period and have continued to lower them for 2025 as market concerns about tariffs and inflation remain, according to FactSet senior earnings analyst John Butters. Moreover, Butters found the estimated year-over-year earnings growth rate for the S & P 500 is 5% for the…
David Corenswet stars are Superman in Warner Bros.’ “Superman.”Warner Bros. DiscoveryIt’s not a bird or a plane that soared into cinemas Thursday night — it was Warner Bros.’ “Superman.”The first film in the new era of DC films under James Gunn and Peter Safran snared $22.5 million from preview showings.It’s the third-best Thursday performance for a superhero flick under the DC banner ever, just behind “The Dark Knight Rises,” which secured $30.6 million in 2012, and “Batman v. Superman: Dawn of Justice,” which tallied $27.7 million on its first Thursday in 2016, according to data from Comscore.It’s also the best…
FILE PHOTO: TikTok app logo is seen in this illustration taken, August 22, 2022. Dado Ruvic | ReutersA New Hampshire judge this week rejected TikTok’s attempt to dismiss a case accusing it of using manipulative design features aimed at children and teens.”The Court’s decision is an important step toward holding TikTok accountable for unlawful practices that put children at risk,” said Attorney General John Formella in a statement Friday.The ruling from Judge John Kissinger Jr. of New Hampshire Superior Court on Tuesday ruled that the allegations were valid and specific enough to proceed, writing the claims are “based on the App’s…
