Last quarter, Uber more than doubled the EPS estimate of $0.41 after reporting a staggering $0.86 EPS. This time around, analysts expect Uber to report an EPS of $0.39 on $10.09 billion in revenue.
What were perhaps the two most consequential weeks of the year for markets thus far–from the Magnificent 7 earnings to first-quarter 2024 U.S. GDP, the May Federal Open Market Committee (FOMC) meeting ...
Each week, buy-side and sell-side analysts produce reams of charts and data visualizations to help contextualize price action across asset classes. These data can help shape one’s thinking, offering ...
In line with expectations, the Federal Reserve did not change its main rate, but the policy statement signaled more concern about recent inflation data. Fed Chair Jerome Powell suggested that it’s ...
In this week’s segment of Hear Me Out, Victor Jones and Tom Sosnoff get into a heated debate over Elon Musk's recent trip to China. They discuss the trip's implications for Tesla and the broader EV ...
Stocks in the U.S. may lag European peers even as the dollar gains on the euro as growth and inflation trends diverge, ...
Crude oil prices (/CLM4) have three technical problems coalescing at the same time. Natural gas prices (/NGM4) are making another earnest attempt at bottoming. A long /NG, short /CL position would be ...
Victor Jones and Josh Fabian dive into a range of financial topics including the impact of earnings reports, equity market sentiments, AI integration by companies like Meta and Tesla, and geopolitical ...
Gold prices managed to rise despite higher interest rates and a stronger U.S. dollar. A buying spree from China seems to explain why. Gold prices have rallied despite higher interest rates, stronger U ...
Financial experts Tom Sosnoff and Tony Battista analyze current market conditions, noticing a lack of momentum with no significant moves to the downside or upside, suggesting a period of stagnation or ...
The U.S. labor market is showing signs of moderating, breathing new life into Fed rate cut odds just days after the May Federal Open Market Committee (FOMC) meeting. The nonfarm payrolls report showed ...
Understanding correlations among major indexes and the implications for options strategies is crucial. The behavior of the S&P 500 (SPY), NASDAQ 100 (QQQ), Russell 2000 (IWM), and Dow Jones Industrial ...