Stock futures inch lower in overnight trading after Dow retakes record high

Traders at the NYSE, October 1, 2021. Source: NYSE Stock futures dipped slightly in overnight trading on Wednesday after the blue-chip Dow Jones Industrial Average retook its record high amid solid corporate earnings. Dow futures fell 35 points. S&P 500 futures and Nasdaq 100 futures both traded 0.1% lower. The 30-stock average jumped about 150 … Read more

Stocks making the biggest moves before the bell: Biogen, Novavax, Netflix, Verizon & more

A customer enters a Verizon store in San Francisco, California, U.S., on Tuesday, July 20, 2021. Bloomberg | Getty Images Check out the companies making headlines before the bell: Anthem (ANTM) — The health insurer reported adjusted quarterly profit of $6.79 per share, beating the $6.37 per share consensus estimate from Refinitiv, with revenue also … Read more

JPMorgan says China’s power crisis could blow over soon — and these 3 stocks could pop

Barges travel past the Wangting Power Plant in Wangting, Jiangsu province, China, on Thursday, Sept. 30, 2021. Qilai Shen | Bloomberg | Getty Images JPMorgan analysts say China’s power crunch could ease as soon as November, and picked three energy-related stocks that may bounce back. Source link

How Evergrande found itself on the wrong side of China’s regulators

High-rise apartment buildings at China Evergrande Group’s under-construction Riverside Palace development in Taicang, Jiangsu province, China, on Friday, Sept. 24, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese developer Evergrande made little progress toward complying with Beijing’s crackdown on real estate debt — until it was too late for investors who poured … Read more

Dow futures are little changed ahead of a big week of earnings

U.S. stock index futures were about unchanged during overnight trading on Sunday, after the major averages posted their best week in months amid a stronger-than-expected start to earnings season. Futures contracts tied to the Dow Jones Industrial Average shed just 23 points. S&P 500 futures lost 0.1%, while Nasdaq 100 futures lost 0.2%. The major … Read more

Many of 2021’s record ETF launches are ESG-related, but it may not move the needle enough, CEO warns

The growing supply of environmental, social and governance-related exchange-traded funds won’t be enough to meaningfully mitigate broad issues such as climate change, Van Eck Associates’ CEO says. “ESG is good as a coherent investment approach on a fund-by-fund basis to make a difference and it’s good signaling, but to put it in perspective, it’s not … Read more

An activist investor may turn to a recipe for success to boost value at US Food Holdings

Juanmonino | E+ | Getty Images Company: US Food Holdings Corp. (USFD) Business: US Food Holdings markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company’s customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, … Read more

Michael Burry says he’s not shorting crypto, but does believe it’s in a bubble

Michael Burry attends the “The Big Short” New York premiere at Ziegfeld Theater on November 23, 2015 in New York City. Jim Spellman | WireImage | Getty Images Famed investor Michael Burry told CNBC Friday that he has not been betting against cryptocurrencies, but he believes that they are in a speculative bubble that could … Read more

Earnings are the big catalyst for stocks in the week ahead, as Tesla and Netflix report

Traders work on the floor of the New York Stock Exchange (NYSE), September 21, 2021. Brendan McDermid | Reuters Stocks appear to have shaken off the often spooky trading pattern of October for now, and whether that continues could depend on earnings in the week ahead. Dozens of companies are reporting, from Netflix and Tesla … Read more