News

Alphabet's blowout earnings may mark the peak for this year - but the stock's still a good buy
On Thursday, the Google parent company (GOOGL) (GOOG) reported first-quarter earnings per share of $2.81, beating the FactSet consensus of $2.01, while revenue came in at $90.2 billion, beating ...
Chipotle's same-store sales fell for the first time since 2020 - and tariffs could gum up service and new openings
Chipotle Mexican Grill Inc. on Wednesday surprised Wall Street with its first quarterly same-store sales drop since the pandemic lockdowns in 2020 - leaving Wall Street searching for reasons to be ...
S&P 500's rapid exit from correction territory hinged on Trump's walk-backs of tariffs and Fed fight
The S&P 500 index SPX on Thursday was able to exit correction territory, ending at least 10% above its recent low set in the wake of President Donald Trump's April 2 "liberation day" tariffs. The ...
Intel going back to its roots, but latest plans will be costly and stock tumbles on outlook
Intel Corp. late Thursday unveiled a turnaround plan that aims to return it to its engineering roots, the first major action under new Chief Executive Lip-Bu Tan, but its stock tumbled on its outlook, ...
Federal Reserve, FDIC Pull Statements on Crypto
The Fed rescinded a 2022 supervisory letter that set an expectation for state member banks to provide advance notice of planned or current crypto activities. As part of these changes, the Fed will no ...
Ecopetrol Working to Determine Strategy for Gas Projects in Southern Caribbean
Ecopetrol is evaluating its strategy regarding certain projects in the Southern Caribbean after Shell decided to withdraw from its offshore assets in the region. The Colombian energy company said ...
The WSJ Dollar Index Falls 0.50% to 96.07 — Data Talk
The WSJ Dollar Index is down 0.49 point or 0.50% today to 96.07 --Off 8.63% from its record close of 105.14 hit Tuesday, Sept. 27, 2022 --Off 7.27% from its 52-week high of 103.61 hit Friday, Jan. 10, ...
Dollar Loses 0.18% to 1.3857 Canadian Dollars — Data Talk
Dollar/Canadian dollar: 1.3857 Canadian dollars per dollar (0.7217 dollar per Canadian dollar) --Off 4.66% from its 52-week high of 1.4535 hit Friday, Jan. 31, 2025 --Up 3.16% from its 52-week low of ...
Dollar Loses 0.22% to 19.5921 Mexican Pesos — Data Talk
Dollar/Mexican peso: 19.5921 Mexican pesos per dollar (0.0510 dollar per Mexican peso) --Off 6.03% from its 52-week high of 20.8489 hit Thursday, Jan. 16, 2025 --Up 18.31% from its 52-week low of ...
U.K. Consumers' Mood Darkens Under Tariff Clouds
"Consumers have not only been grappling with multiple April cost increases in the form of utilities, council tax, stamp duty, and road tax, but they are also hearing dire warnings of renewed high ...
The stock market is looking oversold as earnings season gets underway
The S&P 500 index SPX chart continues to show a pattern of lower highs and lower lows, which is a downtrend and a bearish sign. Still, the broad market remains oversold in many aspects, and the bulls ...