by Dorian Holden | Oct 24, 2019 | Markets
Investors are fearful of a significant slowdown. Just moments ago, we learned U.S. durable goods orders slipped 1.1% in September 2019. In fact, orders fell for the first time in three months thanks to weakness in manufacturing. Economists were looking for...
by Dorian Holden | Oct 24, 2019 | Markets
Some of the top earnings reports to be aware of include: Tesla Inc. (TSLA) Tesla was back in black for the third quarter. The company said it earned $143 million in the third quarter, or 80 cents a share compared with $311 million, or $1.82 a year earlier. ...
by Dorian Holden | Oct 23, 2019 | Markets
House Speaker Nancy Pelosi just introduced a plan to lower prescription drug prices, as we reported in September 2019. At the time, we noted the plan would empower Medicare to negotiate prices on up to 250 of the most expensive drugs on the market, including insulin....
by Dorian Holden | Oct 23, 2019 | Markets
Earnings season has been a mixed bag so far. While many other earnings reports have been solid overall, Tesla, Boeing, and Caterpillar managed to stink things up pretty badly. Boeing (BA) Boeing reported a 50% slump in its third quarter, as the company struggles with...
by Dorian Holden | Oct 22, 2019 | Markets
Facebook is no stranger to chaos. With Cambridge Analytica, e-mails that allegedly linked Mark Zuckerberg to privacy concerns, and its Libra cryptocurrency plans, Facebook has still managed to deliver. In fact, shares are up about 54% for the year. Unfortunately, the...
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