Alcoa's earnings could tell us a lot about the strength of the U.S. economy.
U.S. stock futures point lower on Wednesday, following the biggest single-day surge on Wall Street in more than six months; Netflix soars after third-quarter subscriber growth trounces expectations; IBM slumps as revenue at the tech giant slows; cannabis is now legal in Canada; the Mega Million jackpot climbs to $868 million.
I am unimpressed by the latest earnings report. Despite good subscriber growth, fundamentals look weak.
Adobe released new guidance for the rest of this year and 2019. With 20% growth in the cards, this name is a buy.
U.S. stock futures rise on Tuesday and global stocks edge mostly higher even as investors continue to eye developments in Saudi Arabia linked to the disappearance of journalist Jamal Khashoggi; Netflix, Goldman Sachs and IBM report earnings on Tuesday; Microsoft co-founder Paul Allen dies; Google's CEO defends plans for a censored search engine in China.
These three topics will be top of mind on Tuesday.
Sears files for Chapter 11 bankruptcy protection; U.S. stock futures are lower amid escalating tensions between the U.S. and Saudi Arabia over the death of a prominent Saudi journalist in Turkey last month; Bank of America reports earnings; defense companies Harris and L3 Technologies to merge.
These options strategies let a trader gain exposure to auto parts stocks, but at greatly reduced risk.
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