Trump and China’s Vice-Premier Liu He are set to sign the much-anticipated phase one trade deal in Washington D.C. Wednesday, but don’t take that to me the trade war is over.
Chief financial officers at big U.S. companies predict an economic downturn in 2020, and many are already taking steps to mitigate the damage to their companies, according to Deloitte’s quarterly CFO Signals Survey.
Andrew Card, long-time White House Chief of Staff for George W. Bush, tells Yahoo Finance that he supports the impeachment inquiry but thinks the Democrats have done a poor job of handling it.
If the higher China tariffs go into effect on Dec. 15, "I think you could have something in the neighborhood of a 5% pullback," said SunTrust's chief market strategist.
While most economists are predicting sales growth of 3.5% to 4.5%, Wells Fargo economist Tim Quinlan is going out on a limb and predicting 5% growth in overall holiday sales.
The number of startups innovating in the fertility space has skyrocketed in recent years, and investors are chasing an industry that is expected to reach $36 billion by 2023.
Google is betting big on health care - so big, that the tech giant has confirmed it's collecting health data on millions of Americans through a partnership with Ascension.
Uber’s stock sank to a record low Wednesday, as early investors and employees took advantage of the first opportunity they had to unload the stock since the ride-hailing giant’s disastrous IPO six months ago.
Investors pushed shares of GE up nearly 12% after better than expected third quarter results, but at least one analyst thinks that rally was unjustified.
Google’s parent company, Alphabet, is doing a lot of spending, and that has some investors worried. The number one internet search engine beat analysts’ expectations on the top line in the third-quarter but missed on earnings per share. Alphabet (GOOG) revealed that its capital expenditures increased to $6.73 billion in the third-quarter compared to $5.28 billion in the year-ago quarter as it spent more on the cloud and consumer electronics. Brad Gastwirth, chief technology strategist at Wedbush Securities, admits to Yahoo Finance’s “The First Trade” that the higher spending is a concern but says overall, the quarter was “pretty solid.” “You can explain the higher spend,” said Gastwirth. “They are spending for growth, and it’s hard to find that many negatives from the quarter.”
Chip stocks are suddenly back in vogue. Intel’s stock rallied 7.5% in mid-afternoon trading after the company reported record third quarter profits and raised its full-year sales guidance.
The stock market may be on a trade-talk induced high, but market analysts say a sustainable rally can’t be supported without fundamental strength in earnings.
U.S. stocks have just logged their worst October start since 2008, as investors worry that a global economic slowdown will turn into a recession.
You can add impeachment proceedings to the growing list of uncertainties for investors, and we all know how much the markets detest uncertainty.