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Reports Q2 2020 earnings Wednesday, Sept. 2 before the bell Consensus EPS: -$1.8 Revenue Expectation: $3.46B When Macy’s (NYSE:M) reports its second quarter earnings tomorrow, the department...
This article was written exclusively for Investing.com Lumber rises to a new record high Copper probes beyond $3 per pound Inflationary pressures already brewing in the commodities market Interest...
Will gold get back to $2,000 an ounce this week? And, if it does, could it stay there?Two sets of U.S. jobs data due this week might help determine what's next for the yellow metal. The first is...
Given the recent volatility in broader markets, many investors are seeking stability. Utilities are considered a strong defensive play given the consistent demand for water, gas and electricity...
The Federal Reserve officially abandoned the Phillips curve and consigned the 1980s to the history books on Thursday, as it threw open the floodgates and promised easy money for as far as the eye...
Reports Q2 2020 results on Monday, Aug. 31, after the close Revenue expectation: $500.1 million EPS expectation: $0.45 Zoom Video Communications (NASDAQ:ZM) is one of the stocks which have benefited...
After Fed reversed long-standing policy of strict inflation cap, promising continued low rates, equities could continue higher Dollar retests two-year lows Gold set to retest record, while Bitcoin is...
With stocks on track to finish their best August in more than three decades, bulls appear to be in complete control of the market.After gaining 7.2% in August, the S&P 500 Index is set to finish...
September typically means its back-to-school time. For hundreds of millions of young minds, returning to school after the coronavirus lockdown will likely be exciting. For others it might require some...
Despite the S&P 500’s dramatic turnaround from the March low, not every sector participated in the rally. The U.S. banking stocks are among those that lost ground.Investors have been...
Earlier in the year, coronavirus-fueled panic buying put supermarkets in the headlines. As a result of the pandemic, the food industry and online shopping have become increasingly important to people...
On the eve of Jay Powell’s ground-breaking speech on the new inflation direction for America, I wrote that the gold market was giving few clues on how it was likely to respond to the Fed...
While US stocks—at least since the March bottom—have bestowed investors with the best returns in decades, on a year-to-date basis their performance has been mixed. Within that framework,...
When Warren Buffett—one of the most successful market investors of all time and CEO and Chairman of Berkshire Hathaway—buys or sells shares, the investment community sits up and pays...
Natural gas bulls are having their best winning streak since May as a steady blast of mid-summer heat forces Americans to crank up their air-conditioning, resulting in more gas burns by utilities....
For long-term income investors, the post pandemic environment has made it difficult to find safe, high-yielding dividend stocks.Many blue-chip dividend stocks were forced to cut or freeze their...
Stock market history was made yesterday. The Dow Jones Industrial Average’s oldest surviving component, Exxon Mobil (NYSE:XOM), was kicked off the mega cap index, put out to pasture as the...