This strategist is predicting a big rally after the Fed decision. He’s been more right than wrong this year.
Thomas Lee, the usually optimistic co-founder and head of research at Fundstrat Global Advisor, is expecting a small-cap-led rally.
2025 Ford Maverick pickup: New tech, hybrid options
DETROIT — Ford Motor has redesigned its small Maverick pickup truck, adding more technology, new performance and hybrid options to the vehicle. Updates to the 2025 Ford Maverick include refreshed exterior and interior styling, including a 13.2-inch center touchscreen; an all-wheel-drive hybrid option; and connectivity features such as a 5G modem and wireless Apple CarPlay […]
JetBlue shares jump after surprise profit in second quarter
A JetBlue Airways jet comes in for a landing after flights earlier were grounded during an FAA system outage at Laguardia Airport in New York City, New York, U.S., January 11, 2023. Mike Segar | Reuters JetBlue Airways shares jumped 12% on Tuesday after the airline posted a surprise profit and said it would defer […]
Rio Tinto’s first-half profit rises 14%, thanks in part to higher copper prices
Mining giant Rio Tinto said its first-half profit rose by 14% and underlying earnings were up a smidgen, as increased copper production and prices helped to offset a softer result from its dominant iron-ore business.
Boeing, Airbus orders muted amid supply chain woes
An Airbus A321 flies at the Farnborough International Airshow, in Farnborough, Britain, July 22, 2024. Toby Melville | Reuters FARNBOROUGH, England — Massive airplane orders, hundreds deep in recent years, were absent from this year’s biggest air show. The focus instead was on struggles at Boeing and Airbus to ramp up airplane production while battling […]
Microsoft’s cloud growth disappointed. Now here’s the good news from earnings.
Azure doesn’t have enough capacity to meet all its AI demand, but capacity should improve — along with revenue growth — in the second half of the new fiscal year.
Eisai Biogen Alzheimer’s drug Leqembi shows benefits over three years
The newly FDA approved Alzheimer’s treatment Leqembi is prepared at Abington Neurological Associates in Abington, PA., on Tuesday, November 7, 2023. Hannah Yoon | The Washington Post | Getty Images The breakthrough Alzheimer’s drug Leqembi slowed disease progression in patients over three years, demonstrating the need for them to stay on the treatment long term, […]
Starbucks (SBUX) Q3 2024 earnings
Starbucks glass art on a store in Tokyo. Jakub Porzycki | Nurphoto | Getty Images Starbucks is expected to report its fiscal third-quarter earnings after the bell on Tuesday. Here is what Wall Street analysts surveyed by LSEG are expecting: Earnings per share: 93 cents expected Revenue: $9.24 billion expected Shares of Starbucks have tumbled […]
A surprise Fed rate cut might be good for consumers — but not for the stock market
Investors are clamoring for affirmation the Fed will begin cutting rates in September. But a surprise easing on Wednesday likely wouldn’t go over well.
Merck (MRK) earnings Q2 2024
The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024. Spencer Platt | Getty Images Merck on Tuesday reported second-quarter revenue and adjusted earnings that topped Wall Street’s expectations as it saw strong sales from its blockbuster cancer drug Keytruda as well as other treatments in its oncology […]
