Month: April 2019

U.S. equities are under pressure on Tuesday after Google parent Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) dropped hard on disappointing quarterly numbers. Adding to the bad feelings was a soft China manufacturing activity report. All eyes turn to Apple (NASDAQ:AAPL), which will be reporting results after the close. Analysts are looking for earnings of $2.36 per share on revenues
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While the biotech sector saw early gains in 2019, the selling pressure has picked up steam recently as the government continued its scrutiny over the Medicare system and the pricing model for drugs. Not only are biotechnology stocks lower, but so are drug stores and drug plan suppliers. But this could be creating an interesting
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As the earnings season moves forward, many investors may be wondering whether they should add new stocks to their portfolios. In that case, I’d like to suggest three bank stocks that you may want to take a closer look at: JPMorgan (NYSE:JPM), Toronto-Dominon Bank (NYSE:TD) and HSBC Holdings plc (ADR) (NYSE:HSBC). Each of these bank stocks are
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Due to increasing political pressure and public discontent, the pharmaceutical industry, as well as healthcare in general, has gone volatile. For instance, the benchmark exchange-traded fund VanEck Vectors Pharmaceutical ETF (NASDAQ:PPH) is down 4% since the beginning of March. A notable exception? GW Pharmaceuticals (NASDAQ:GWPH) stock. A few days ahead of its second quarter of
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Check out the companies making headlines before the bell: Alphabet — The Google-parent reported better-than-expected earnings but its stock dropped nearly 8% in the premarket after posting a slowdown in advertising revenue growth. The company said its ad revenue grew by 15.3% in the first quarter, down from 24.4% in the year-earlier period. General Electric
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Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) stock doesn’t get the respect it deserves. It doesn’t have the momentum-trade moniker, yet it quietly acts like one. This happened the day it became part of the famed FANG group of mega caps, joining momentum stocks like Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN) and Netflix (NASDAQ:NFLX). Source: Shutterstock So on the way down,
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Kiosks for ordering food sit in the dining area of a McDonald’s restaurant located inside the company’s new corporate headquarters on June 4, 2018 in Chicago. Scott Olson | Getty Images McDonald’s is reporting first-quarter earnings before the bell Tuesday. Here’s what Wall Street is expecting, according to a survey of analysts by Refinitiv. Earnings
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