(Video length 00:01:29) CNBC’s Leslie Picker reports FedEx missed its expected EPS.
September 17, 2018
We are up 86% in this trade and I think there is another jump higher in oil prices coming. “Davidson” submits: Many use activity indicators to provide investing insight. The rig count is one of these. The issue is that
Despite beating EPS expectations (+71c vs +68c exp), ORCL shares are tumbling over 5% after hours following a top-line miss (Q1 $9.20bn vs $9.26bn exp). Goldman said, before the results hit, that the company needed to have a “clean” earnings report and forecast
Midway through last month, as emerging markets crumbled amid the collapse of the Turkish lira, it became abundantly clear that the dollar needed to take a breather if U.S. equities were going to escape unscathed from the latest bout of
“In economics, it is often professionally better to be associated with highly respectable error than uncertainly established truth. Wealth is the relentless enemy of understanding.” John Kenneth Galbraith Stocks were a bit wobbly from the open. But they sold off more
Industrial production increased considerably in August, following an increase in production of motor vehicles and parts. Additionally, output related to utilities and mining also rose, which also supported the surge in manufacturing output. Given these positive trends, the addition of
Another day another US/China trade headline dictating direction and concerns. One has to wonder if President Trump and the Washington Trade team are tagging it and playing good cop bad cop with the negotiators! President Trump is apparently insisting they
By the time Shinzo Abe had been elected, he already had the wind at his back. At least it could have been described that way by Economists. While Abe was given a second chance at being Japan’s Prime Minister in
The median middle-class US household earned an inflation-adjusted $61,372 last year – an increase of 1.8% over 2016 and an all-time high as it blew through the previous record set in 1999, according to a Wednesday release by the US Census Bureau. The percentage of
Volkswagen is transitioning away from diesel. Today it announced “Electric for All”. With a world premiere of a new modular electric drive matrix, Volkswagen Launches ELECTRIC FOR ALL Campaign. As part of the ELECTRIC FOR ALL campaign launched today, the brand
