Trump to Announce his Nominee for Next Head of the Federal Reserve Today
Today is the day. President Trump is forecasted to nominate Jerome Powell as the next head of the Federal Reserve this afternoon. If elected, what will Powell’s role be as the head of the Federal ... [Read]
Time Warner Shares Fall On Reports That the DOJ Might Block AT&T’s $85B Acquisition
Remember when everyone thought the Time Warner and AT&T deal was a sure thing? Turns out, not everyone was on board. On Thursday, Time Warner (NYSE:$TWX) shares fell after a newspaper reported that the Department ... [Read]
Teva Pharmaceutical Reports Drop in Q3 Profit, Shares Plunge Almost 18%
Now might not be the time to get into the drug manufacturers industry. Well, maybe just don’t invest in Teva Pharmaceutical Industries (NYSE:$TEVA) for the time being. On Thursday, after Teva Pharmaceutical – the biggest ... [Read]
Apple Reports Q4 Fiscal Earnings Today, Here’s What to Watch For
Interested in computer hardware stocks? If so, you might want to think about adding Apple Inc. (NASDAQ:$AAPL) to your investment portfolio. Shares of the Cupertino, California-based company have increased 44% this year according to Q4 ... [Read]
Tesla Misses Model 3 Goal, Stock Drops Almost 10%
The markets may have just opened, but Tesla Inc. (NASDAQ:$TSLA) is already struggling. That’s not a total surprise though, considering Elon Musk’s auto manufacturing company reported its third-quarter earnings yesterday – and it was not ... [Read]
Mark Zuckerberg Praised for the Way He Discussed Russia’s Election Meddling
Facebook Inc. (NASDAQ:$FB) announced its earnings for the third quarter on Wednesday and it blew expectations out of the water. Now CNBC’s Jim Cramer has said CEO Mark Zuckerberg did a “masterful” job when discussing ... [Read]
Market Movers: House Republicans Unveil Tax Reform Bill
The Economy Republicans Unveil New Tax Bill On Thursday, the U.S. House of Representatives Republicans unveiled the much-anticipated tax-cut bill, which would represent the largest tax overhaul since the 1980s. The bill proposes to cut ... [Read]
Market Movers: Federal Reserve Keeps Interest Rate Untouched
The Economy Federal Reserve Keeps Interest Rates Unchanged The Federal Reserve has decided to keep interest rates unchanged amidst speculations on who will become its next leader. The Fed said the decision was based on ... [Read]
Under Armour Posts Disappointing Q3 Results; Shares Drop 15% in Early Trading
Sports apparel company Under Armour (NYSE:$UAA) is getting squashed. On Tuesday, the Baltimore-based company saw their shares drop 15% in early trading after they posted a disappointing third-quarter earnings report. Here’s what we know: Under ... [Read]