Microsoft hit an all-time high after the company secured a cloud-computing contract with the Pentagon worth $10 billion. AT&T rose more than 3% on an earnings beat and the release of a new plan to meet activist investor Elliot Management's goals.
According to Bank of America Merrill Lynch, S&P 500 earnings have come in about 2% above consensus estimates. About 50% of firms within the index have reported so far, the firm said. climbed back above $1 trillion amid robust demand for new iPhone models.
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S&P 500 heads for record as earnings reports signal a recession is nowhere near'Of the S&P 500 companies that have reported over the last month, just 32 mention recession on their calls,' says Nick Mazing of Sentieo. And then there is reality... Q1 GDP 3.1% Q2 GDP 2.0 % Q3 GDP forecasted at 1.5% By definition a recession is 2 or more quarters of negative GDP growth. We are not there yet but certainly moving in that direction A LOT of stocks tanked this earnings season with flat and negative revenue growth ?
La source: CNBC - 🏆 12. / 72 Lire la suite »
These are the stocks that led the S&P 500 to the cusp of new recordStrong performances by technology and bank stocks have sent the S&P 500 climbing this month. la razón del alza del S&P 500 y los nuevos máximos...
La source: CNBC - 🏆 12. / 72 Lire la suite »
S&P 500 jumps to record high on strong earnings, trade-deal progressThe S&P 500 hit an all-time high today following strong earnings and progress on U.S.-China trade. The S&P 500 rose 0.3% at the open to trade above 3,027.98, the record set on July 26. Anyone want to guess where it's closing though? At this rate it's about to blow through 3050. Strong earnings😂😂😂 What is the progress on the trade deal, specifically?
La source: CNBC - 🏆 12. / 72 Lire la suite »