Earnings Previews: Amazon, Apple, Intel, T-Mobile, US Steel

The three major U.S. equity indexes closed higher on Tuesday, following a more-or-less steady path higher after the bell. The Dow Jones industrials ended the day up 1.07%, the S&P 500 closed 1.63% higher and the Nasdaq rose 2.25%. Ten of 11 sectors closed higher, led by real estate (3.94%) and materials (2.53%). Energy (−0.05%) was the only laggard, but […]

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Boeing takes $2.8B hit in defense business, keeps cash flow goal

video Charles Payne to investors: Rallies could come from earnings FOX Business host Charles Payne provides insight on investing in the stock market during record-high inflation on ‘Making Money.’ Boeing Co's. ailing defense unit on Wednesday recorded a $2.8 billion charge, but the U.S. planemaker stuck to its forecast of generating cash this year despite struggling to raise commercial jet […]

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Cash App Users in the US Can Now Receive Bitcoin Through Lightning Network

Cash App now allows users to receive BTC payments instantly through the Lightning Network using QR codes or links, the platform’s Product Lead announced on Twitter. The move comes several months after Cash App announced it has integrated Bitcoin’s Lightning Network. “You can now receive #bitcoin instantly via the Lightning Network in @CashApp.” – Michael Rihani, Product Lead at Cash […]

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Earnings Previews: Boeing, Bristol-Myers Squibb, Kraft Heinz

The three major U.S. equity indexes closed higher on Friday, after staggering a bit in the early going. The Dow Jones industrials ended the day up 2.47%, the S&P 500 closed 2.37% higher and the Nasdaq rose 2.31%. All 11 sectors closed higher, led by materials (3.46%) and consumer cyclicals and financials (both 2.92%). Real estate (0.68%) and communications services […]

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Morning Analyst Calls Briefing for Monday, October 24, 2022

This report was sent to Briefing.com subscribers earlier today.  Upgrades: ANSYS (ANSS) upgraded to Buy from Neutral at Rosenblatt; tgt lowered to $270 Avis Budget (CAR) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $231 ServiceNow (NOW) upgraded to Buy from Neutral at Guggenheim AT&T (T) upgraded to Strong Buy from Outperform at Raymond James; tgt $24 […]

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Zelenskiy calls on West to warn Russia not to blow up dam

BASHTANKA, Ukraine (Reuters) – Ukrainian President Volodymyr Zelenskiy called on the West to warn Russia not to blow up a huge dam that would flood a swath of southern Ukraine, as his forces prepare to push Moscow’s troops from Kherson in one of the war’s most important battles. In a television address, Zelenskiy said Russian forces had planted explosives inside […]

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DoJ Busts Crime Ring Accused of Stealing Tech, Smuggling Oil Using Crypto

The US Department of Justice unsealed a 12-count indictment in Brooklyn this Wednesday. According to the DoJ press release, 2 individuals have been arrested and 5 more have been indicted due to a large-scale operation that involved money laundering, the smuggling of Venezuelan oil, and technology theft in favor of the Russian military. US Authorities Indict an Oil-Smuggling, Tech-Stealing Crime […]

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Gold Futures Settle Modestly Higher As Dollar Turns Weak

Gold prices moved higher on Thursday, recovering from an over 3-week low recorded in the previous session, as the dollar eased a bit against other major currencies. The dollar index tumbled to 112.17 around late morning before recovering to 112.83, down 0.13% from the previous close. Gold futures for December ended higher by $2.60 or about 0.2% at $1,636.80 an […]

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