Category: Latest News
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Bank of America predicts the U.S. will avoid recession and the Fed will hold rates steady this year
Bank of America anticipates that the U.S. economy will steer clear of a recession in 2025 and does not expect any Federal Reserve interest rate cuts throughout the year, despite mounting political and market turbulence. In a note released Monday, BofA analysts stated, “These developments go in line with our view that the US economy…
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Verizon tightens full-year forecast, surpasses Q2 earnings expectations
Verizon Communications (NYSE:VZ) boosted the lower end of its full-year adjusted earnings per share guidance after its second-quarter core profits outperformed estimates, driving shares higher in premarket trading Monday. The telecom giant now anticipates annual per-share earnings growth between 1% and 3%, an upward revision from the previous range of 0% to 3%, partly fueled…
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Tesla Stock: Bank of America Highlights Challenges Ahead for Q2 Earnings
Tesla (NASDAQ:TSLA) is approaching its second-quarter earnings report facing considerable pressure, with Bank of America signaling that the results are “likely to be challenged due to tariffs and disappointing deliveries.” In a preview of the upcoming earnings season, BofA analysts positioned Tesla at a disadvantage compared to its Detroit-based competitors. “Tesla is the most challenged…
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Roper Technologies Tops Q2 Forecasts, Lifts Full-Year Outlook Amid Solid Growth
Roper Technologies, Inc. (NASDAQ:ROP) delivered stronger-than-expected results for the second quarter, propelled by continued organic momentum and the successful integration of recent acquisitions. The company posted adjusted earnings per share of $4.87, surpassing analyst forecasts of $4.83. Revenue increased 13% year-over-year to $1.94 billion, edging past the $1.93 billion consensus and reflecting 7% organic growth.…
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Domino’s Stock Rises After Q2 Sales Beat, Despite Earnings Miss
Domino’s Pizza, Inc. (NASDAQ:DPZ) saw its shares climb 2.7% on Monday after reporting better-than-expected sales growth in the second quarter, even as earnings came in slightly below Wall Street projections. The global pizza leader posted adjusted earnings of $3.81 per share for the quarter, missing analysts’ average estimate of $3.94. Revenue matched forecasts at $1.15…
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What’s Behind Albemarle’s Recent Stock Surge?
Albemarle Corporation (NYSE:ALB) has seen a sharp rebound in its share price, climbing nearly 50% over the past three months — including a 30% jump in just the past month. This momentum has coincided with a resurgence in Chinese lithium spot and futures prices, sparking renewed investor interest in the chemical producer. According to Bank…
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Dow Jones, S&P, Nasdaq, What’s Ahead in the Markets This Week: TSLA, GOOGL, and Other Big Names Prepare to Report
A heavy slate of earnings is on deck this week, led by tech titans and major U.S. corporations. Tesla (NASDAQ:TSLA) and Alphabet (NASDAQ:GOOGL) will be in the spotlight, with reports from Intel (NASDAQ:INTC), IBM (NYSE:IBM), Coca-Cola (NYSE:KO), General Motors (NYSE:GM), Verizon Communications (NYSE:VZ), and HCA Healthcare (NYSE:HCA) also due. In addition to corporate results, investors…
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Crypto Stocks Edge Higher as Trump Signs Stablecoin Bill into Law
Stocks tied to the cryptocurrency sector gained ground on Monday, buoyed by a rise in ether prices and the enactment of new U.S. legislation regulating stablecoins, signed by President Donald Trump late Friday. In early trading, Coinbase (NASDAQ:COIN) shares climbed 1.7%, while MicroStrategy (NASDAQ:MSTR) posted a 1.5% gain ahead of the market open. The newly…
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Dow Jones, S&P, Nasdaq, Stock futures inch up as earnings flood and geopolitical events set the tone
U.S. stock futures showed slight gains on Monday, as investors braced for a busy week filled with earnings announcements from key S&P 500 companies. Verizon (NYSE:VZ) is expected to kick off the reporting season on Monday, followed by tech giants Alphabet (NASDAQ:GOOGL) and Tesla (NASDAQ:TSLA) later this week. Meanwhile, Japan’s parliamentary elections have raised concerns…
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Oil prices steady amid limited impact from new EU sanctions
On Monday, oil prices remained relatively unchanged as markets anticipated that the recent European Union sanctions would have only a minimal effect on Russian oil exports. By 0800 GMT, Brent crude futures had slipped 12 cents, or 0.2%, to $69.16 a barrel, after dropping 0.35% on Friday. U.S. West Texas Intermediate crude was flat at…