Market highlights February 9: UNUS SED LEO rallying on Bitfinex news, strong earnings lift US indices

The crypto market as a whole was uneventful with a few exceptions, which we’ll… The post Market highlights February 9: UNUS SED LEO rallying on Bitfinex news, strong earnings lift US indices appeared first on Coin Journal.

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Walmart (WMT) Stock Is Down as Company Reports Disappointing Q4 Earnings

Coinspeaker Walmart (WMT) Stock Is Down as Company Reports Disappointing Q4 EarningsFigures reported by Walmart as earnings for its 2019 fourth quarter have disappointed the market and falls short of analyst expectations.

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Is Walmart’s Overvalued Stock an Omen for Recession?

Walmart's fourth quarter earnings were a flop, but the market remains unfazed. Investors have become divorced from company fundamentals. The post Is Walmart’s Overvalued Stock an Omen for Recession? appeared first on CCN.com

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Netflix Smashes 52-Week High Even as Coronavirus Fears Ravage Stock Market

Netflix's stock price rallied to 52-week highs on Tuesday, as investors continued to rally behind the streaming company's strong quarterly earnings report. The post Netflix Smashes 52-Week High Even as Coronavirus Fears Ravage Stock Market appeared first on CCN.com

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3 Reasons Why the Stock Market is Headed for a Devastating Crash

The Chinese economy has come to a standstill due to coronavirus. With earnings and buybacks falling, a stock market crash seems inevitable. The post 3 Reasons Why the Stock Market is Headed for a Devastating Crash appeared first on CCN.com

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Stock Market Is in Green due to Earnings and Coronavirus Fears as Vaccine Is Not Tested Yet

Coinspeaker Stock Market Is in Green due to Earnings and Coronavirus Fears as Vaccine Is Not Tested YetBeing boosted by various factors, many stocks are climbing up while coronavirus fears are still growing.

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Silvergate Bank Adds 48 Crypto Clients in Q4 Even as Deposits Slip 4%

The La Jolla, Calif.-based bank, which went public on the New York Stock Exchange under the trading symbol SI in November, released its earnings report before market open on Wednesday.

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Tesla Stock Will Sell Off Hard If Earnings Report Disappoints, Says CNBC’s Jim Cramer

Coinspeaker Tesla Stock Will Sell Off Hard If Earnings Report Disappoints, Says CNBC’s Jim CramerVery soon the latest earning report from Tesla will be revealed. While most of the market is bullish, Jim Cramer says that there is a possibility that the results may disappoint investors.

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Apple, Microsoft and Amazon Earnings Can Make or Break the Stock Market This Week

An earnings miss might halt the impressive runs of Apple and Microsoft. An encouraging earnings call might catalyze a breakout for Amazon. The post Apple, Microsoft and Amazon Earnings Can Make or Break the Stock Market This Week appeared first on CCN.com

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A Deep Earnings Recession Could Crash The S&P 500: Economist

Stock market bulls are "eerily calm" as analysts expect corporate earnings for S&P 500 companies to decline for a fourth straight quarter. The post A Deep Earnings Recession Could Crash The S&P 500: Economist appeared first on CCN.com

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A Stock Market Crash Is Lurking Around the Corner

The U.S. stock market crash could be triggered by the overvaluation of companies and their failure to register earnings growth in 2020. The post A Stock Market Crash Is Lurking Around the Corner appeared first on CCN.com

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An Earnings Recession Could Pop the US Housing Market Bubble

The U.S. housing market seems to be on a roll apparently. An…

The post An Earnings Recession Could Pop the US Housing Market Bubble appeared first on CCN.com

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Bitcoin hodling reports higher returns than DeFi schemes

Bitcoin had its hands full dealing with the bearish market, while DeFi gained popularity and provided significant earnings in mainstream finance. However, according to the report provided by Token AnaThe post Bitcoin hodling reports higher returns than DeFi schemes appeared first on AMBCrypto.

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Stock Market Braces for UBER, PTON, CVS, and DIS Earnings

This could be another bumper week for markets as more big-name firms are due to release their third-quarter earnings. Market-moving economic numbers are scant, though, with the Fed set to release Q3 productivity figures on Wednesday and September’s consumer credit report on Thursday.

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Warren Buffett Partner’s Forgotten Warning Still Haunts Stock Market

Berkshire Hathaway is about to release its third-quarter earnings report. Critics are balking at its underperformance of the S&P 500 this year. However, a prophetic statement from longtime Warren Buffett partner, Charlie Munger, which he made almost exactly a decade ago in 2009 (after the last bull market crashed), is highly relevant today.

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Fundstrat’s Tom Lee Runs Victory Lap, Predicts Robust Earnings in 2020

Fundstrat’s Tom Lee was on the money about the S&P 500 this year while recession alarmists cried wolf. Now Lee is expecting earnings in 2020 to grow by double-digits, at least. The last six months of the year are historically bullish in the stock market.

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Sizzling Apple (AAPL) Run Proves this Overvalued Stock Market is Broken

Apple’s (NASDAQ: AAPL) earnings report last night was a roaring success… wasn’t it? Tim Cook’s company beat expectations on earnings and revenue, and there’s decent demand for the iPhone 11. AAPL stock is up 2% in pre-market trading, set to open at a record high.

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Big 3 Ruling Cloud Infrastructure Market with Almost $22B Earnings This Quarter

Coinspeaker Big 3 Ruling Cloud Infrastructure Market with Almost $22B Earnings This QuarterThe revenue numbers from Amazon, Microsoft and Google reached almost $22 billion this earnings season.

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Dow Futures on Knife Edge as Boeing Faces Painful Moment of Truth

Dow Jones Industrial Average (DJIA) futures were flat in early trading Wednesday, pointing to nervous stock market on Wall Street. All eyes are on Boeing (NYSE: BA) – the Dow’s largest constituent – as it lines up to report earnings before the bell.

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3 Reasons Why the Invesco ETF (QQQ) Can Outperform the Stock Market This Week

This week there is an opportunity for the Invesco QQQ Trust (NASDAQ:QQQ) to out-perform because of the earnings earnings of lineup of major blue-chips like Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN).

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Earnings Preview: Bank Stocks Will Steal the Show

Next week kicks off earnings season for the financial sector as bank stocks start to report. The banking industry is seen as a bright spot this earnings season, with analysts predicting that it will be one of four sectors to eek out earnings growth.

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Uber Stock Thaws as Wall Street Warms to Rideshare Wonder

The stock market is juggling a trio of issues comprised of the trade talks, the Fed, and the upcoming third-quarter earnings season. And while it hasn’t been pretty, all three major stock market indices are currently trading in the green.

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CoinExchange.io Shuts Its Doors, Bear Market Claims Another Victim

Altcoin trading platform CoinExchange. io has announced it’s shutting its doors due to financial issues. It will remain operational until December 1, 2019. Costs Outweigh Earnings A post published on the exchange’s website yesterday states that the decision to shut up shop was purely business-related and not the result of a “security breach or any other type of incident.

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Masternode Network Coin Prices Take Beating in 2019

The prices of digital coins that offer Masternode staking have suffered in 2019, crashing additionally despite the incentive to hold onto the assets. The market prices have also sunk against Bitcoin (BTC).

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Slack Stock Tanks 15% After-Hours Amid Wider Q3 Loss Outlook

Slack stock (NYSE: WORK) plunged 15% in after-hours trading after it forecast a wider-than-expected loss for the third quarter. The stock tumbled even though second-quarter results beat analyst expectations.

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FunnyToken ICO

What is FunnyToken? In a world where digital assets have gained value with the use of ERC-20 blockchain, FunnyToken(FUNTO) aims at bringing cryptocurrencies into use in games and digital services. FunnyToken intends to be an option for purchase and sale online and offline services’ in-app elements or any advantage offered.

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SEC charges ICO Ratings provider for failing to disclose earnings from publicizing digital asset offerings

U. S. Securities and Exchange Commission [SEC], today released a statement saying that it has charged icorating. com, an ICO rating website. The regulatory body reported that the ICO Research and Rating provider violated Section 17 [b] of the Securities Act, since it did not disclose any revenue it had generated from ICO reviews.

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AMD Stock a Buying Opportunity with Game-Changing New Chip?

Hoo boy! Did Advanced Micro Devices (AMD) catch the market by surprise last week! AMD did not actually report very good numbers a few days ago, but they have a new chip and it already has some big players clamoring for it.

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Amazon Lost More Value Since July Than 2.5 Times Tesla’s Market Cap

Amazon stock's market value fell by a whopping $28 billion in Monday’s stock market slaughter. Since July 18, when Amazon reported its quarterly earnings, it’s market value has declined by $103 billion.

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Stock Market Outlook: Guns, Tariffs, Disney Earnings & Brexit

The S&P 500 could face a rocky week ahead after another round of Trump trade war tweets over the weekend. However, investors have more than just the White House's ongoing tariff shenanigans to worry about when the bell rings on Monday.

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Is the IRS crackdown on crypto traders a sign of a maturing market?

The Internal Revenue Service (IRS) reportedly sent letters to over 10,000 crypto asset investors in the US to remind them to pay any outstanding taxes on cryptocurrency earnings.

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Square’s Cash App Doubles Its Bitcoin-Generated Revenues

Square, Inc. , a U. S. financial services and mobile payment company, reported its 2019 second-quarter earnings, beating the market’s expectations. The company’s total net revenue for the second quarter grew 44% from one year ago.

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Dow Defies Market Slump But Ticking Time Bomb Could Spoil the Rally

The Dow outperformed the broader U. S. stock market on Monday, as a handful of industrial and technology blue-chips rose sharply on better than expected earnings. However, Goldman Sachs is the latest Wall Street bank to warn that the current bull market is unsustainable due to the unprecedented surge of stock buybacks since the financial crisis.

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Google Stock Explodes Nearly 10 Percent Higher After Crushing Earnings

Quarterly earnings from Google parent Alphabet showed strong advertising growth. As a result, Alphabet’s stock exploded upwards by $96, or 8.5 percent, in after-hours trading. Does this signal a new upside push for FAANG stocks and tech stock bull market? Despite Amazon’s earnings miss, and the threat of a DOJ antitrust inquiry haunting the sector, things look […] The post Google Stock Explodes Nearly 10 Percent Higher After Crushing Earnings appeared first on CCN Markets

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Dow Sinks 110 Points as U.S. Manufacturing Teeters at Crisis Levels

The Dow lagged behind the broader U. S. stock market Wednesday after Boeing (NYSE:BA) reported its biggest-ever quarterly loss and investors caught wind of some truly dismal manufacturing data. The news didn’t seem to affect the other two indexes nearly as much, and upbeat tech earnings catapulted the Nasdaq Composite Index to record territory.

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Dow Plunges After Caterpillar & Boeing Unleash Earnings Disaster

The Dow suffered a massive setback on Wednesday after two of its bellwether stocks published grisly earnings reports that raised questions about the health of the market. Dow Stumbles After 177 Point Rally The US stock market stumbled at the opening, thrusting all three major indices toward moderate declines.

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Dow Shrugs Off Ugly Housing Data to Jump 175 Points

  The Dow and broader U. S. stock market advanced Tuesday after a pair of industrial blue-chip companies reported better than expected earnings. The rally lost some of its luster after the National Association of Realtors reported yet another month of disappointing housing sales.

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Dow Suffers 3rd Loss in a Row as ‘Phony’ Buyback Rally Stalls

  The Dow and broader U. S. stock market traded mixed on Thursday, as disappointing corporate earnings and sliding oil prices dragged on investor sentiment. Dow & Nasdaq Extend Slumps Wall Street’s major indexes traded lower for most of the session on Thursday, mirroring a tepid pre-market for Dow futures.

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Dow Avoids Third Loss in a Row as ‘Phony’ Buyback Rally Continues

  The Dow and broader U. S. stock market reversed losses on Thursday even as disappointing corporate earnings and sliding oil prices dragged on investor sentiment. Dow Pares Losses; S&P 500, Nasdaq Advance Wall Street’s major indexes traded lower for most of the session on Thursday, mirroring a tepid pre-market for Dow futures.

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Dow Teeters as ANOTHER Government Shutdown Threatens Economy

The Dow and US stock market risked falling for a third consecutive day as a confluence of bearish factors tested Wall Street’s fortitude. Disappointing earnings, “complicated issues” stalling US-China trade negotiations, and the threat of another crippling government shutdown all roiled the markets on Thursday.

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Wall Street Screams ‘Buy the Dip’ Ahead of Netflix Earnings

The earnings parade has begun, and so far the stock market is showing just a few jitters. All eyes are on the FANG stocks, including content streaming behemoth Netflix, which will be reporting second-quarter earnings later today.

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Dow Struggles to Extend Rally as Market Braces for Earnings Disaster

The Dow and broader U. S. stock market struggled for direction Monday, just one session removed from a new all-time high, as investors quickly shifted their focus to corporate earnings season. Dow Struggles for Direction U.

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Gold Shill Rips Bitcoin as Flawed Miner-Rewarding Monetary System

Bitcoin might have outperformed the global bond market in 2019, but it remains a bad investment, believes Roy Sebag of GoldMoney (TSX: XAU). The founder & chief executive officer last week presented bitcoin as a system that spends billions of dollars off its annual earnings to merely survive.

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UK Based Crypto Mining Company Posts Impressive Profits

Bitcoin mining-profitability is on the rise again as the market recovers and Argo Blockchain, a United Kingdom-based mining company, says revenues have reportedly surpassed its projected second-quarter earnings as a… The post UK Based Crypto Mining Company Posts Impressive Profits appeared first on CoinCentral.

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Falling Third Quarter Profits Could Trigger Overdue Stock Market Crash

Stock prices follow earnings growth. The stock market reflects earnings expectations. That’s why analysts are concerned that the Q3 earnings forecast for the S&P 500 is for a decline of 0. 3 percent, according to Factset data cited in CNBC.

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What Recession? S&P 500 Rockets to New High

The stock market crushed it again today, with the S&P 500 clipping an all-time high at 2,958, before dropping a tad to close at 2,954. With fears of a recession fading and the prospect of a rate cut from the Fed, investors are plowing money back into the stock market.

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Cattle Prod This Unicorn: Beyond Meat’s Stock Will Kill Your Portfolio

By CCN: In yet another example of the ongoing irrational exuberance in the stock market, Beyond Meat soared 15% in after-hours trading to $115 after its first post-IPO earnings report. Or rather, its first post-IPO loss report.

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Bitcoin May Be Entering 2-3 Bull Market Now, Morgan Creek CEO Says

Bitcoin may be entering a two or three-year bull-market now, according to Anthony Pompliano, CEO of Morgan Creek Digital. US dollar Just as ‘Untied’ as Bitcoin? During a CNBC interview, on 14 May 2019, Pompliano affirmed that neither bitcoin nor the dollar is tied to anything.

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A Stock Market Crash is Inevitable – Here Are 3 Nightmare Scenarios

By CCN: The US stock market teeters at its third-most expensive valuation in history, just a hair shy of ballooning past Black Tuesday and the 1929 stock market. That’s based on the Shiller P/E ratio, which is derived from average inflation-adjusted earnings from the previous ten years.

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