First Trust Advisors chief economist Brian Wesbury, Kaltbaum Capital Management President Gary Kaltbaum and Key Advisor Group CEO Eddie Ghabour on today’s markets and inflation. Johnson & Johnson said it will sell $2.5 billion worth of its COVID-19 vaccine this year and pushed back against concerns over its effectiveness against […]
FOX Business News
Johnson & Johnson forecasts $2.5B of coronavirus vaccine sales
First Trust Advisors chief economist Brian Wesbury, Kaltbaum Capital Management President Gary Kaltbaum and Key Advisor Group CEO Eddie Ghabour on today’s markets and inflation. Johnson & Johnson said it will sell $2.5 billion worth of its COVID-19 vaccine this year and pushed back against concerns over its effectiveness against […]
Coca-Cola raises revenue forecast as demand rebounds on reopening boost
Executive Director of Consumers’ Research Will Hild says the organization aims to expose ‘distraction’ and ‘mistreatment’ of customers by ‘woke’ companies. Coca-Cola Co raised its full-year sales and profit forecasts on Wednesday, as demand bounces back from pandemic lows for its beverages following the re-opening of theaters, restaurants and stadiums. […]
Stock futures mixed as earnings season rolls on
Villere & Co. portfolio manager George Young shares his stock picks. U.S. stock futures were mixed Wednesday morning as investors sifted through numerous earnings reports ahead of a Senate vote on infrastructure. Dow Jones Industrial Average futures climbed 121 points, or 0.35%, while S&P 500 futures rose 0.24% and Nasdaq […]
Bond yields hold big clue on inflation
Former Chase Chief Economist Anthony Chan on the Federal Reserve and President Biden’s claim that spending money will moderate inflation. Plunging bond yields have farther to fall as the market comes to the realization that the recent bout of inflation is transitory, according to Wall Street strategists. The 10-year Treasury […]
Bitcoin climbs back above $30,000
Sports agent and DLE Agency founder Doug Eldridge provides insight into Giants’ Saquon Barkley accepting all endorsement money in Bitcoin. Bitcoin was trading more than 3% higher early Wednesday morning. The price was around $30,840 per coin, while rivals Ethereum and Dogecoin were trading around $1,869 and 17 cents per […]
Apple going all in on 5G technology in 2022
Check out what’s clicking on FoxBusiness.com. Apple is making a big move into 5G technology. All iPhones released next year will be 5G-capable with no new 4G models being introduced, according to Nikkei Asia. GET FOX BUSINESS ON THE GO BY CLICKING HERE Apple will also revamp its iPhone SE, […]
United Airlines posts $434M quarterly loss but revenue up
Check out what’s clicking on FoxBusiness.com. The return of vacation travelers helped United Airlines reduce its quarterly loss to $434 million and the airline posted surprisingly strong revenue. The Chicago-based airline said it expects to earn a pretax profit in the remaining two quarters of the year. That would break […]
Avenatti to defend himself in California criminal fraud trial: report
Disgraced lawyer Michael Avenatti appeared in court Thursday to face sentencing for attempting extort millions from Nike. A U.S. District Court granted disgraced attorney Michael Avenatti’s request to defend himself against criminal fraud charges in an upcoming trial in California, according to a report Tuesday. Avenatti, who is charged with […]
Netflix falls short on subscriber, earnings expectations
Wedbush managing director of equity research Michael Pachter and Kearney global consumer industries head Greg Portell anticipate the streaming giant’s earnings. Netflix was able to beat revenue estimates by a hair even as it failed to meet analysts’ expectations on earnings and new subscribers, the company said in its second-quarter […]