Category: Stocks
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S&P 500 companies report bumper earnings but stocks not rewarded
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Breadcrumb links Investor 79% of S&P 500 companies beat earnings expectations, but stock recovery did not materialize Article writer: Bloomberg News Sagarika Jaisinghani and Natalia Knyazevic Published on May 2, 2024 • Last updated 8 minutes ago • 3 minutes read You can save this article by registering for free…
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Oil prices tumble to seven-week lows on surprise build in U.S. crude stocks (NYSEARCA:USO)
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Slavko Sereda/iStock via Getty Images Crude oil futures fell to their lowest levels in seven weeks on Wednesday after US data showed a sudden and sharp weekly increase in crude oil inventories, as exports fell and refineries reduced their capacity use. The US Energy Information Administration reported Crude oil stocks…
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Stocks rally after Fed decision as Powell soothes rate nerves
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I’ve always been very critical of Starbucks (SBUX). I remember working for the company as a stock analyst and spending weeks inside its stores studying the workflow in each department. It was an extreme exercise that won me no fans among Starbucks management (especially with former CEO Howard Schultz), but…

