Boeing Chief Executive Dennis Muilenburg on Wednesday spurned repeated calls to step down by U.S. lawmakers and from the mother of a young woman who was a victim of one of two 737 MAX crashes that killed 346 people.
Apple Inc on Wednesday forecast sales for the crucial holiday shopping quarter that beat Wall Street expectations, with Chief Executive Tim Cook saying that new iPhone 11 models were off to “a very, very good start” as sales of AirPods, Apple Watches and streaming services continue to rise.
Facebook Inc reported better-than-expected quarterly revenue on Wednesday and profit rose as growth in expenses slowed from a year earlier, assuaging investor fears of financial fallout from fierce scrutiny by regulators and lawmakers of the world’s largest social media company.
Twitter CEO Jack Dorsey announced in a series of tweets that Twitter will stop all political advertising. This comes following Facebook receiving backlash for not vetting political ads. Yahoo Finance’s Jen Rogers, Myles Udland and Dan Roberts discuss on The Final Round. …read more […]
Royal Dutch Shell (NYSE: RDS-A, RDS-B) is one of the largest oil companies on the planet. But the oil business hasn’t been an easy one over the past several years.
Though the price of oil is up from its 2016 lows, it’s still half of where it was trading in 2013.
Nevertheless, the oil giant grew its cash flow last year.
In 2018, free cash flow came in at $27.3 billion, more than double the total in 2017. The year prior, free cash flow had been negative.
In the first half of the year, free cash flow was $10.9 billion, so it’s behind the …read more […]
Shares of Lyft were up 6% in after-market trading. Lyft has partnered with several companies as it battles larger rival Uber Technologies Inc for a bigger share of the ride-hailing market. Uber’s shares were up nearly 1%. …read more […]
Yesterday in The War Room, a dad joke turned into a winning trade.
And from the looks of things, this particular trade still has room to move.
Here’s the story…
It all started with this post I wrote yesterday afternoon…
Attention! To all the Dads out there who love cutting their grass wearing stained white socks and ugly rubber shoes – and then wearing that same footwear combination out to dinner that same night – this trade is for you. Use the November D15 expiration to move into Crocs (Nasdaq: CROX).
You probably know what I’m talking about. Crocs sells “casual lifestyle footwear and accessories …read more […]
Apple Inc on Wednesday forecast sales for the crucial holiday shopping quarter that beat Wall Street expectations, with Chief Executive Tim Cook saying that new iPhone 11 models were off to “a very, very good start” as sales of AirPods, Apple Watches and streaming services continue to rise. The outlook reaffirms Cook’s strategy to remake a company that consistently depended on iPhone sales for well over half its revenue to one that depends on services and wearables. Since 2017, Cook has had to implement the strategy while also shepherding Apple through a trade dispute between two of its …read more […]
Starbucks Corp beat quarterly same-restaurant sales estimates on Wednesday, as the world’s largest coffee chain’s loyalty program and new delivery options boosted demand and helped fend off competition, especially in the U.S. and China.
Wall Street gained ground and U.S. Treasury yields fell on Wednesday after the Federal Reserve signaled a pause in the current easing cycle following the expected announcement of a rate cut.
U.S. insurer MetLife Inc on Wednesday reported third-quarter profit that more than doubled from a year earlier, largely because derivatives that the U.S insurer uses for hedging swung to net gains compared to a loss a year ago.
Ride-hailing company Lyft Inc blew past Wall Street estimates for third-quarter revenue on Wednesday, as promotions attracted more active users who also spent more per ride.
Facebook Inc beat analysts’ estimates for quarterly revenue and profit on Wednesday, driven by a steady rise in advertising.
Facebook Inc beat analysts’ estimates for quarterly revenue and profit on Wednesday, driven by a steady rise in advertising. The world’s largest social network has faced scrutiny over the past three years from regulators and users worldwide over its privacy practices and data breaches. Ad sales jumped about 28% to $17.38 billion in the third quarter, above analysts’ average estimate of $17.09 billion, according to IBES data from Refinitiv. …read more […]
The coffee giant reports fiscal fourth quarter results. …read more […]
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