Kevin’s Week in Tech: Pity the Tech B-List

Wall Street Week Ahead: Supercharged Telecom Sector Could Become Investor Favorite

SAN FRANCISCO — An overhauled telecommunications sector that includes a lot of the so-called FANG shares might debut as Wall Street’s hottest wager when it kicks off in September, boosted by a rising wave of media and tv acquisitions. Long considered as stodgy shares for dividend-oriented buyers, the telecom providers sector will likely be renamed […]

California Today: How Does a Republican Win an Election Here?

Wall Street Surges on Higher Oil After U.S. Quits Iran Deal

(Reuters) – Wall Street surged on Wednesday as surging oil costs boosted power shares following U.S. President Donald Trump’s resolution the day gone by to give up a nuclear settlement with Iran. Gains have been broad and quantity was excessive, with all however the utilities and telecom sectors advancing as traders who had moved to […]

California Today: How Does a Republican Win an Election Here?

Oil, Technology Shares Drive Gains on Wall Street

(Reuters) – U.S. shares rose on Monday as oil costs hit $70 per barrel for the primary time since November 2014, whereas these in know-how firms rose led by second day of beneficial properties for Apple. The S&P vitality index was the largest gainer among the many 11 main S&P sectors, rising 2 p.c, as […]

California Today: How Does a Republican Win an Election Here?

Wall Street Rises on Strong Earnings, M&A Boost

“If the previous several weeks of earnings season are any indication, corporate results should continue to act as a buffer to any meaningful turn lower in equity markets,” famous Peter Kenney, senior market strategist at Global Markets Advisory Group, in New York. “However, the principal threat to equity markets remains rising interest rates.” U.S. bond […]

California Today: How Does a Republican Win an Election Here?

Amazon, Microsoft Boost Nasdaq; Exxon Drags on S&P

Amazon and Microsoft pushed the Nasdaq increased on Friday, however weak reviews from Exxon and different power firms capped positive factors on the S&P 500 and the Dow Jones Industrial index. Source link

California Today: How Does a Republican Win an Election Here?

Wall Street Jumps as Tech Roars Back, Yields Retreat

Despite robust outcomes from most U.S. companies which have reported to date, traders have been reacting to indicators that rising inflation might take a toll on company earnings. The 10-year U.S. Treasury yield, the benchmark for world borrowing prices, pulled again from the three % stage it hit on Tuesday for the primary time in […]

Worker Dies After Fall in Manhattan Subway Tunnel

Wall Street Edges Lower as Tech Stocks, Bond Yields Weigh

Wall Street fell into unfavorable territory on Monday as indicators of sentimental smartphone demand took a toll on tech shares and an increase in bond yields dented demand for equities, offsetting optimism on earnings. Source link

Worker Dies After Fall in Manhattan Subway Tunnel

Wall Street Hit by Tech, Oil Weakness

U.S. inventory indexes fell on Friday, with Apple main declines within the expertise sector and as power corporations took a success from decrease oil costs after President Donald Trump’s criticism on OPEC. Source link

Worker Dies After Fall in Manhattan Subway Tunnel

Apple, Philip Morris, Chip Stocks Lead Wall Street Slide

Philip Morris was the largest drag on the S&P and in addition dragged rival Altria down 7.eight p.c. Also weighing was Procter & Gamble, which dropped 2.5 p.c after the Dow part stated shrinking retailer inventories and better commodities and transportation prices squeezed its margins. At 11:23 a.m. EDT the Dow Jones Industrial Average was […]

Worker Dies After Fall in Manhattan Subway Tunnel

Tech Stocks, Netflix Power Wall Street

Hopes a couple of sturdy reporting season have helped divert consideration from geopolitical and commerce worries, which have roiled the markets in latest months. “We’ve seen enough pessimism build up in investors as people are trying to look for the worst … things blowing up from a geopolitical perspective. Earnings so far have been good […]