Wall Street Coverage

All assets associated with the tag: Wall Street

How to beat the Street: This options trader talks about his 60% growth

PERSONAL FINANCE: Is your portfolio bear-ly surviving the market downturn? If so, then you'll want to check out how one professional options trader is making great returns despite the market correction.

On deck: Big Tech earnings are coming this week - here's why they matter

If Big Tech firms report disappointing results, warn of headwinds or give investors any other reason to sell, those stocks could start trending down — and so could the broader equity market.

Tupperware nearing its end? Company warns of 'substantial doubt' about future; stock plunges

Tupperware said it won't have enough cash to fund its operations if it doesn't secure additional money. The company said it is exploring potential layoffs, and it's reviewing its real estate portfolio for potential money-saving efforts.

Who's laughing now at Reddit investors? Nearly 60% of pro traders use it

A surprising new survey finds that 58% of institutional investors — the professionals who trade on behalf of banks and pension funds, the so-called "smart money" — admit to having made an investment decision based on information from Reddit.

'CEOs need to share the pain': Pay is being cut for Tim Cook, other top execs

Pay cuts are hitting some of America's best-known and highest-paid bosses, including Apple CEO Tim Cook, Morgan Stanley CEO James Gorman and Goldman Sachs CEO David Solomon.

IBM has been outperforming Big Tech - but will that streak continue?

IBM outperformed many other technology companies, in terms of stock price growth, in 2022. But what will the company report on its earnings call today?

IBM vs. Morgan Stanley: Big Blue is downgraded, CNBC's Jim Cramer reacts

IBM's recent positive performance on the Street no longer impresses Morgan Stanley, which downgraded Big Blue's stock on Wednesday. And CNBC's Jim Cramer offers his analysis of what's going on with IBM as well as the tech sector.

Execs use 'legal' insider trading for personal profits when taxes go up, researchers say

New research finds that corporate executives are more likely to increase their profits from insider trading when individual state income taxes go up, presumably because the executives are attempting to offset the increased taxes they will be paying. By the same token, executives are more likely to engage in less profitable insider trading when their income tax rates go down.

Where's economy headed? Fed news, US jobs data are key indicators this week

The week's most closely watched data point is notes from the Fed's latest meeting due to be released Thursday. That will give traders an update on the U.S. central bank's thinking about the possible need for more rate hikes. It will be followed Friday by U.S. employment data. Here's what's happening.

A grim end to ’22: S&P 500 falls 20% in worst yearly performance since ’08

Stocks fell in afternoon trading on Wall Street Friday as major indexes close out a dismal year with lingering concerns about stubbornly hot inflation and a potential recession.

Big tech is big loser, energy is big winner on Wall Street in '22

Even when the overall stock market is losing, there are still winners - and there were quite a few of them this year - mostly in energy, which has been the best-performing sector of 2022. Let's take a look.

2023 crystal ball: Should you expect a recovery? Analysts say …

By Nicole Goodkind, CNN ‘Tis the season for Wall Street strategists to pack their clients’ inboxes with market predictions for […]

Earnings: ChannelAdvisor, Fathom, Precision BioSciences, Brighthouse

Earnings season continues with more North Carolina public companies reporting quarterly financials. Here's a roundup:

All eyes on tech earnings: What will these reports tell us about state of business?

Investors have been focusing on corporate earnings as they search for clues about how inflation and rising interest rates are shaping global economies. Among a slew of companies reporting earnings this week are Alphabet, Amazon, Apple and Facebook parent Meta, as well as Coca-Cola, General Motors.

Just how bad is business for big tech? Upcoming earnings will tell a lot

After months of layoffs, hiring freezes and other cost-cutting measures, big tech companies are set to provide the most detailed look yet at just how bad things have gotten for their businesses amid fears of a looming recession.

It's earnings season - what will the news tell us about a possible recession?

"Assuming there is a recession in 2023, current earnings estimates are likely too high," says Shawn Snyder, head of investment strategy at Citi U.S. Wealth Management. "That could be the next leg down in the market, but it's not yet factored in."

Unicorn exit alert: The IPO window has slammed shut

The market for initial public offerings, as well as for SPACs -- companies debuting through mergers with blank-check special purpose acquisition companies -- often dries up in the summer. But there has been an even more pronounced dearth of IPOs this year due to the volatility in the broader market.

Street's bulls embrace Wolfspeed (shares surge 32%), Cisco (nice bump)

Stocks that traded heavily or had substantial price changes Thursday included two tech firms with strong Triangle connections - Wolfspeed and Cisco.

Wall Street bears have gone into hibernation – but only temporarily?

By Nicole Goodkind, CNN Business The bears and bulls are at it again. Markets have seemingly recovered from a miserable […]

Today is deadline for all Nasdaq-listed companies to report on diversity matrix

Companies on the Nasdaq must fill out a board diversity matrix that includes the total number of company board members and how those board members self-identify regarding gender, race, ethnicity and LGBTQ+ status. The results will be made public through annual meeting proxy statements or on company websites.

Earnings reports: Syneos, Aerie, Fathom, Curtiss-Wright, Albemarle, Ingersoll, Brighthouse & more

RESEARCH TRIANGLE PARK – Public companies across Noprth Carolina announced earnings this week, including Syneos, Aerie, Fathom, Curtiss-Wright, Albemarle, Ingersoll, […]

Earnings reports: Honeywell, Lendingtree, Martin Marietta, First Citizens & more

It's earnings report seasons and companies accross North Carolina are churning out the results. Check out the growing list.

Bank earnings reports are coming - good or bad? Here's what to look for

Big bank earnings will mark the unofficial beginning of the second quarter earnings period when they report this week, starting with JPMorgan Chase on Thursday. Citigroup, PNC and Wells Fargo will open their books on Friday.

Be patient with stocks: Why inflation isn't always bad for the markets

Although investors may have a gut reaction to sell every time new, alarming inflation data gets announced, historically, high inflation alone has not been directly responsible for market downturns. Let's take a look.

Storm clouds keep gathering over US economy, analysts warn

Real GDP shrank in the first quarter of 2022, but monthly data suggests there may have been solid growth in the second quarter and spending picked up in Covid-impacted sectors like travel and entertainment. The third quarter, however, isn’t looking so hot.