By Sarah Frier, Bloomberg Twitter Inc. reported quarterly revenue that fell short of estimates after the struggling social-media company restructured its advertising sales force and pared staff. The shares tumbled. Fourth-quarter revenue was $717 million, missing the $740 million average analyst estimate, according to data compiled by Bloomberg. Sales growth of 1 percent slowed dramatically in the period from the...
By Christine Wang, CNBC Disney reported quarterly earnings that beat analysts' expectations on Tuesday, but revenue fell short of Wall Street estimates. The company posted fiscal first-quarter earnings per share of $1.55 on $14.78 billion in revenue. The results represent a 3 percent year-over-year decline in revenue and a 10 percent drop in profit per share. Analysts expected Disney to...
By Christine Wang, CNBC Disney reported quarterly earnings that beat analysts' expectations on Tuesday, but revenue fell short of Wall Street estimates. The company posted fiscal first-quarter earnings per share of $1.55 on $14.78 billion in revenue. The results represent a 3 percent year-over-year decline in revenue and a 10 percent drop in profit per share. Analysts expected Disney to...
By Rachel Koning Beals, MarketWatch Gold could have at least another 5% upside this year from the 5% leap it already notched in January, driven by higher inflation expectations and the safe-haven demand seen amid swirling uncertainty for the Trump administration’s growth proclamations and its foreign diplomacy. Forecast contributors to the London Bullion Market Association survey predict the price of...
By Rachel Koning Beals, MarketWatch Gold could have at least another 5% upside this year from the 5% leap it already notched in January, driven by higher inflation expectations and the safe-haven demand seen amid swirling uncertainty for the Trump administration’s growth proclamations and its foreign diplomacy. Forecast contributors to the London Bullion Market Association survey predict the price of...
By Victor Reklaitis, MarketWatch China’s economy will weaken this year, and investors are complacent about this risk, according to analyst Nancy Lazar. It’s not all about U.S. President Donald Trump. His tough posture toward China is just one of its difficulties, said Lazar, a partner and head of economic research at Cornerstone Macro. She has published a wide range of...
By Victor Reklaitis, MarketWatch China’s economy will weaken this year, and investors are complacent about this risk, according to analyst Nancy Lazar. It’s not all about U.S. President Donald Trump. His tough posture toward China is just one of its difficulties, said Lazar, a partner and head of economic research at Cornerstone Macro. She has published a wide range of...
By Mike Murphy, MarketWatch That’s according to the Super Bowl Indicator, a fun but completely unscientific predictor that says stocks will fall if a team from the original American Football League, or its AFC descendant, wins the Super Bowl. If a team from the original National Football League — the leagues merged in 1970 under the NFL banner, divided into...
By Mike Murphy, MarketWatch That’s according to the Super Bowl Indicator, a fun but completely unscientific predictor that says stocks will fall if a team from the original American Football League, or its AFC descendant, wins the Super Bowl. If a team from the original National Football League — the leagues merged in 1970 under the NFL banner, divided into...
Last week ended on a bullish note, mostly in response to a surprisingly decent jobs report for January. A closer inspection of the market's daily action, though, reveals the gain was a "just barely" situation. It was also a fairly volatile week, starting with a bearish gap but while in a bullish gap on Friday. And, most of the...
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