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 ...
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 ...
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The Fed rescinded a 2022 supervisory letter that set an expectation for state member banks to provide advance notice of planned or current crypto activities.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 ...
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 ...
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, ...
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 ...
The stock market is looking oversold as -2-
Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may hold positions in securities recommended in this report, both personally and ...
Sikorsky, Bristow Group Reach Long-Term Agreement to Support S-92 Helicopter Fleet
Sikorsky and Bristow Group signed a long-term agreement to update and support the latter's S-92 helicopter fleet. The companies said Thursday that the deal, exact terms of which weren't disclosed, ...
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, ...