Investing News

The two presentations couldn’t have been more jarringly different. Last month, Apple launched its hotly awaited new TV service, Apple TV+. Notable celebrities took the stage, including Oprah Winfrey, Jennifer Aniston, Steven Spielberg, Reese Witherspoon and Steve Carrell. But the payoff was lacking. There were virtually no clips of actual show footage, leading to somewhat
0 Comments
One big bank is not like the other. Financial giants J.P. Morgan and Wells Fargo kicked off earnings season on Friday, both issuing better-than-expected results. But while J.P. Morgan’s stock soared nearly 5%, Wells Fargo’s stock slid, ending the day almost 3% lower. Wells Fargo’s weakness came largely from softer profit guidance from CFO John
0 Comments
Crude can’t crank higher unless it stays above the key $60 level, says expert technician Louise Yamada. Tightening global supplies have proved bullish for the commodity this year, with U.S. West Texas Intermediate crude prices currently hovering near five-month highs. But the upward action has also been quite volatile, as economic and geopolitical factors have
0 Comments
If you’re waiting until the absolute last moment to file your taxes, you’re not alone. In fact, 20% to 25% of Americans wait until the last 14 days before the deadline to prepare their returns. But procrastinating is more troublesome this year because it’s the first time taxpayers are filing under the Tax Cuts and
0 Comments
Bristol-Myers Squibb CEO Giovanni Caforio told CNBC on Friday the company is “one step closer to creating that great company” after shareholders greenlit a $74 billion takeover of Celgene. He expects that the deal for the cancer drugmaker will close in the third quarter. “When the two companies come together, we’ll have two growing businesses,”
0 Comments