For Stocks, the Midterms May Not Matter. Here’s Why That’s A Good Thing.

Investors can find plenty to stress about as voters try to pick congressional candidates they believe will best help the nation navigate through inflation, labor shortages, a possible recession, international conflicts and divisive social issues. Here’s one bit of reassurance: If history is any guide, at least you don’t have to worry too much about… Continue reading For Stocks, the Midterms May Not Matter. Here’s Why That’s A Good Thing.

Stock Market Today: Stocks Sprint Higher as Bank Earnings Impress

Stocks kicked off the new week on a high note, with all three major indexes notching solid gains Monday. Wall Street cheered headlines out of the U.K., where newly installed finance minister Jeremy Hunt walked back major tax cuts unveiled by his predecessor, Kwasi Kwarteng, in late September. The tax cuts sparked excessive volatility across… Continue reading Stock Market Today: Stocks Sprint Higher as Bank Earnings Impress

U.S. Stocks Rally on Bank of America Earnings Beat

Wall Street’s main indexes jumped on Monday as Bank of America led a rally among lenders after reporting a smaller-than-expected drop in profit, with its new loans benefiting from higher borrowing costs. Bank of America Corp jumped 5.17% as the lender’s net interest income surged in its third quarter, even though it added $378 million… Continue reading U.S. Stocks Rally on Bank of America Earnings Beat

Why Domino’s Pizza and Delta Air Lines Hint at a Stronger Economy

We’re still in the earliest stages of what is projected to be a brutal third-quarter earnings season, so let’s not get ahead of ourselves. But companies as disparate as Domino’s Pizza (DPZ (opens in new tab), $320.91) and Delta Air Lines (DAL (opens in new tab), $31.00) are hinting at a stronger economy ahead. Which… Continue reading Why Domino’s Pizza and Delta Air Lines Hint at a Stronger Economy

Holiday Deals: Bargains for Shoppers as Retailers Shed Overstock

Inflation has been the watchword for 2022, but as holiday shoppers go to the mall or order online (yes, it’s on, whether you like it or not), discounting will brighten their prospects, even as it cuts into retailers profit potential. Amazon.com has wrapped up its attempt to duplicate the magic of its Prime Day sale,… Continue reading Holiday Deals: Bargains for Shoppers as Retailers Shed Overstock

Splunk Stock’s a Buy, Says Analyst. Here’s Why.

Splunk (SPLK (opens in new tab), $68.01) recently got a Buy rating from CFRA Research analyst John Freeman, who initiated coverage of the large-cap enterprise software stock. “SPLK continues to hold strong, tough-to-replicate advantages in data processing and analysis of real-time streaming data, the volume and value of which will only continue to expand at… Continue reading Splunk Stock’s a Buy, Says Analyst. Here’s Why.