Comerica Bank CIO John Lynch shares his expertise on FAANG stock investing. U.S. stock futures ticked higher Wednesday as investors sorted through earnings from several Big Tech companies ahead of the Federal Reserve’s latest policy decision. Dow Jones Industrial Average futures rose 5 points, or 0.01%, while S&P 500 futures […]
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Mortgage refinances spike as 15-year fixed rate hits lowest since 1990
Romer Debbas managing partner Pierre Debbas provides insight into how long the ‘robust’ housing market will last. Lower interest rates led to a spike in demand for mortgages. The refinance area saw a huge increase in demand as the 15-year, fixed-rate mortgage fell to its lowest level in more than […]
Bitcoin price touches $40,000
Miami Mayor Francis Suarez on using cryptocurrency to expand the city’s economy and its potential impact on residents. Bitcoin crossed the $40,000 plateu late Tuesday night, before a slight pullback. Early Wednesday morning Bitcoin was up more than 6%. The price was around $39,7500 per coin, while rivals Ethereum and […]
Stock futures trade lower ahead of Fed decision
Belpointe chief strategist David Nelson, Gibbs Wealth Management President Erin Gibbs and Invest Diva CEO and author Kiana Danial break down today’s markets, cryptocurrency and this earnings season. U.S. equity futures were pointing lower ahead of Wednesday’s opening bell on Wall Street. The major futures indexes suggested a decline of […]
Google revenue surges as online advertising market thrives
Check out what’s clicking on FoxBusiness.com. Google’s parent company flexed its digital dominance, reporting its highest quarter ever for sales and profit behind a gusher of online advertising from businesses vying for customers across reopened economies. The robust results showcased how Google has emerged stronger from a Covid-19 pandemic that […]
Wyoming town hopeful Bill Gates’ TerraPower nuclear plant will help replace 200-plus coal-related jobs
Check out what’s clicking on FoxBusiness.com. GLENROCK, Wyo. – If you’re driving through Glenrock on Interstate 25, the Dave Johnston Power Plant is hard to miss. For some of the locals, catching a glimpse is a sign they’ve arrived home. The coal-fired plant is set to be retired in 2027 […]
Activision Blizzard CEO sends letter to employees, admits ‘tone deaf’ response to lawsuit
Check out what’s clicking on FoxBusiness.com. Bobby Kotick, the CEO of Activision Blizzard, sent a letter to employees on Tuesday acknowledging that the company’s initial response to a discrimination lawsuit filed in California was “tone deaf,” and assured his team that steps have already been taken to ensure a “safe […]
Starbucks shares fall on reduced China outlook
Belpointe chief strategist David Nelson, Gibbs Wealth Management President Erin Gibbs and Invest Diva CEO and author Kiana Danial break down today’s markets, cryptocurrency and this earnings season. Starbucks shares fell 3% in the after-hours session after the company lowered its sales growth forecast for China, its second-largest market outside […]
Ex-eBay employee sentenced to 18 months for cyberstalking campaign
Check out what’s clicking on FoxBusiness.com. A former security supervisor at eBay will be spending 18 months behind bars for his role in a coordinated cyberstalking campaign with other former employees against a Massachusetts couple who run an e-commerce blog. Phillip Cooke, also a retired police captain in Santa Clara, […]
Apple crushes June quarter earnings records
Circle Squared Alternative Investments founder and president Jeff Sica on his outlook for the market and Bitcoin. Apple announced Tuesday a new overall June quarter revenue record of $81.4 billion, a 36% year-over-year increase compared to $59.6 billion a year ago. The company posted a quarterly net profit of $21.7 […]