Who cares?
This could show a potential cooling down n the US economy especially as earnings cannot continue to rise as they have done over the past 10 years of this bull market. The bears will awaken soon from their hibernation.
Yet the market loves lowered earnings and rallied up. F ya!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forget the Fed and trade war, the biggest threat to the stock market next year is a profit slowdownThe value of stock prices over time ultimately comes down to earnings and analysts are slashing their earnings estimates for 2019. Can't we just give them a giant tax break again? That's what spurred the profits last time! um, profit slowdown would mainly be BECAUSE of fed and trade war. Well said.
Source: CNBC - 🏆 12. / 72 Read more »
Akamai soars as much as 11% in premarket trading after earnings beatThe content delivery network beat on earnings per share and revenue compared to analyst estimates.
Source: CNBC - 🏆 12. / 72 Read more »
Adobe trades lower on concerns over Marketo acquisitionNotwithstanding the recent Marketo acquisition, Adobe's fourth-quarter earnings report surpassed analysts' estimates. Graphics Design Shop ridiculous...the market is way too sensitive at the moment... Buy ADBE
Source: CNBC - 🏆 12. / 72 Read more »