4 out of 5 S&P 500 companies that reported earnings this week deliver EPS and revenue wins-Earnings Scorecard
Richard Drury
Wall Street’s major averages opened lower on Friday after the core PCE came in slightly hotter than expected.
Mark Carney says Old US-Canada Relationship 'Is Over' Amid Trump Tariffs
Canadian Prime Minister Mark Carney said the relationship the country has previously enjoyed with the U.S. is now “over” amid ongoing tensions and backlash to President Donald Trump‘s tariff plans.
Carney’s comments came one day after Trump announced he would impose a 25 percent tariff on cars not made in the U.S.,
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Read MoreBrinker Just Flashed Classic Reversal Signal, Time to Take a Bite?
After weeks of sluggish price action, Brinker International (NYSE: EAT) is starting to show signs that the bulls are back in the kitchen.
On March 25th, EAT delivered a textbook technical setup that a technical trader could only but describe as a “character change.”
The stock filled a prior gap from early March,
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Read MoreMary Holm: I’ve inherited $450,000 – should I invest in gold?
A 70-year-old woman is wondering what to do with a $450,000 inheritance? Photo / 123RF
The burden of money
Q: I am wondering if you are doing a current update on investing, considering gold’s rise etc etc.
I just inherited $450,000.
» Read more about: Mary Holm: I’ve inherited $450,000 – should I invest in gold? »
Read MoreTech Mahindra, Infosys, Wipro, other IT stocks rise up to 2% ahead of US reciprocal tariffs
Indian IT sector, which earns a significant portion of its revenue from exports to the US, saw buying interest ahead of the reciprocal tariff announcement by US President Donald Trump
Nifty IT index gained 1.07 percent in intraday trade, rebounding after two sessions of losses in which it had declined by 4.21 percent.
The Burst
Why Amazon Got Smashed
It’s been a rough time for Amazon. The company announced lower-than-expected sales results and fourth-quarter sales guidance that missed analyst estimates during its most recent earnings call, resulting in a share price plunge year-to-date of 43.2%.
What does it all mean for Amazon? Is the stock a steal or is there more to fall?
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Read MoreThe Ivy
Market Commentary: 1 Stock Has Popped 80% Of The Time
Dick’s Sporting Goods has lots going for it. It’s a well-known brand with a trusted customer base, and its sales have been on the rise the past few years, up 28.3% in 2022 alone before slowing down in 2023.
It’s also got a pretty attractive dividend, paying out 2.7% to loyal shareholders. And at an 11.7x P/E ratio the company is not trading at a particularly lofty multiple.
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