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Reports Q1 2020 results on Thursday, May 21, after the close Revenue expectation: $2.97 billion EPS expectation: $1.66 A strong and impressive rally in NVIDIA (NASDAQ:NVDA) shares during the current...
A trio of market drivers lined up yesterday, to produce the biggest advance for equities in six weeks. The Dow Jones Industrial Average rose over 900 points and gained almost 4%.The three catalysts: a...
Aurora Cannabis (NYSE:ACB), (TSX:ACB) caught investors’ attention late last week when it posted its latest quarterly earnings, which highlighted an unexpected jump in revenues.The news triggered...
To know if something is worthy of the expectation built around it, we’d just say: “the proof of the pudding is in the eating.” In the context of the crude oil rally, the proof will...
During the current COVID-19 lockdowns, Netflix (NASDAQ:NFLX) has been one of the ultimate pandemic beneficiaries, as global, stay-at-home restrictions have boosted the need for safe, indoor...
Gold jumped to a seven-and-half year high on Friday, after the Fed warned investors that stocks may drop if the coronavirus pandemic gets worse.Then, on Sunday, the central bank chief, Jerome Powell...
As the coronavirus pandemic wreaks havoc on markets and economies, the U.S.'s largest retailers are struggling. This week, investors will get a chance to see how badly sales have been hurt as they...
WTI bulls are barreling for oil in the high $30s. So are shale drillers—and that could be a problem for what has been a stupendous rally in crude so far.With less than 48 hours to expiry, the...
Oil price propelled stocks higher on Friday Friday also saw worst US retail and factory data to date Trump moves to block vital component shipments to China's Huawei Oil surged on Friday, jumping 6.8%...
U.S. stocks are struggling to continue their upward march after a major comeback since the March lows, amid increasing risks to this fragile rally.With ongoing economic uncertainty now and into the...
We’ve all heard the saying: "There ain't no such thing as a free lunch." It conveys a range of ideas that basically mean the same thing: nothing in life is truly free and if you want something,...
Even as COVID-19 ravages the global economy and fatalities world-wide continue mounting—heading toward 300,000 currently—the market narrative has been that the US, along with other...
Regular readers of this column know that I frequently caution against putting too much faith in forecasts, especially long-range outlooks. For traders, there are risks associated with relying on any...
Anyone who trades natural gas should know its production has been falling with the collapse in the number of rigs deployed in U.S. gas basins and the drop as well in associated gas produced from shale...
For income investors searching for higher yields, the landscape continues to become more challenging. As the U.S. economy slips into a deep recession triggered by the COVID-19 pandemic, expectations...
This morning the UK released a series of economic updates that, in the aggregate given the global financial carnage being generated by the coronavirus pandemic, surprised to the upside. That doesn't...
Headlines surrounding the devastating coronavirus pandemic, which has so far infected over 4 million people worldwide and killed approximately 291,964, have been the primary driver of market sentiment...