United States Steel Corporation X 8.08% shares jumped 7.2 percent on Wednesday after the company’s second-quarter earnings topped Wall Street’s expectations. However, comments from President Donald Trump about his ongoing investigation into U.S. steel imports this week may have taken the wind out of U.S. Steel’s sails, according to Longbow Research analyst Chris Olin.
The Nintendo Co., Ltd (ADR) (OTCMKTS: NTDOY) Switch has been a huge hit among gamers. However, recent changes Nintendo is making to the device may soon make it a major hit among all cable cord cutters.
The U.K. joined France Wednesday in becoming the second major country to institute a ban on new petroleum vehicle sales starting in 2040.
Advanced Micro Devices, Inc. AMD 1.2% shares surged 8 percent on Wednesday after the company reported a Q2 earnings beat and issued strong guidance for the remainder of the year.
The 2017 chasm between data storage competitors Seagate Technology PLC STX 0.15% and Western Digital Corp WDC 7.54% opened even wider this week following a disappointing earnings report by Seagate.
Societe Generale has become the latest firm to throw in the towel on a 2017 oil market recovery. On Wednesday, the firm lowered its crude oil price targets and income outlook for the oil companies it covers.
The Tesla Inc TSLA 0.18% Model 3 may be the most hyped product release in recent memory. With Tesla shares already up 59.6 percent in 2017, investors must ask themselves the million-dollar question: will the Model 3 actually live up to the hype?
United States Steel Corporation X 8.08% shares jumped 7 percent in Wednesday’s pre-market session after the company reported a big earnings and guidance beat. While the company’s core business seems to be firing on all cylinders at the moment, comments from President Trump on U.S. steel imports could derail the rally.
Alphabet Inc GOOG 0.8% GOOGL 0.61% shares dropped 3 percent on Tuesday after the company’s second-quarter earnings report disappointed the market.
Alphabet Inc GOOG 0.8% GOOGL 0.61% shares traded lower by more than 2.5 percent on Tuesday morning after the company’s second-quarter earnings report fell short of the market’s lofty expectations. However, Google bulls have plenty to like about the company’s impressive cloud services growth.