Dow Jones Futures Fall After Snap Slams Techs; Northrop Goes On Offense

TipRanks
Jim Cramer Says Earnings Estimate Cuts Will Form an Investable Bottom; Here Are 3 ‘Strong Buy’ Stocks That Are Already Down 50%
As we move toward the end of Q2, it’s time to start thinking about earnings. Looking back at the quarter, analysts are predicting earnings growth of 8%, which may rise to 11% heading into next year. It’s a rosy picture, but it’s also not a sure thing. GDP contracted in Q1, by nearly 1.5%, and some estimates are showing 0% growth in Q2. Such results would meet the technical definition of a recession – and recession is hardly the usual environment to find robust earnings growth. Looking at current
20h ago
The Telegraph
Russia to default for first time in a century as payment deadline looms
Nuclear submarine supplier to be sold to US buyer after diplomatic row Russian default expected within days Retail sales volumes down 0.5pc in May FTSE 100 rises strongly Ambrose Evans-Pritchard: The pro-Brussels establishment is painting Brexit as an economic disaster to reverse it Sign up here for our daily business briefing newsletter
17h ago
SmartAsset
How Much Does a $300,000 Annuity Pay Per Month?
When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
20h ago
WPTV- West Palm Beach Scripps
A Woman's World reacts to Roe v. Wade overturned
A Woman's World reacts to Roe v. Wade overturned
16h ago
MoneyWise
8.6% inflation is turning your cash into trash — but these 3 simple income stocks (yielding as high as 12%) can help you come out ahead
At current levels, investors need a 7% to 8% return just to preserve their wealth.
2d ago
WWD
Gucci Launches Vault Art Space
The gallery serves as a place to view and collect the forward-thinking visions of contemporary artists.
2d ago
Barrons.com
Tesla Shanghai to Halt Production Temporarily. It Isn’t Covid.
Tesla plant near Shanghai is going to shut down temporarily, according to reports. On Wednesday, Reuters reported that Tesla (ticker: TSLA) will shut down production in China for a couple of weeks at the start of July to upgrade equipment. Tesla didn’t return a request for comment.
2d ago
TVLine.com
TVLine Items: SEAL Team Adds Series Regular, Outer Banks Casting and More
SEAL Team is expanding its ranks, adding Raffi Barsoumian (Legends of Tomorrow) as a new series regular for Season 6 of the Paramount+ drama. The actor will play Omar, “a Senior Chief with 15 years of experience as a SEAL,” our sister site Deadline reports. “The son of Syrian immigrants, Omar has a deep understanding […]
2d ago
Fortune
Peloton and 2 other major ‘zombie’ companies could soon go to $0, leading stock research firm CEO says
“Time is running out for cash-burning companies kept afloat with easy access to capital,” New Constructs CEO David Trainer said in a Thursday research note.
2d ago
Associated Press
Germany says it helped 21,000 people get out of Afghanistan
The German government has managed to get more than 21,000 former local employees and other endangered people out of Afghanistan since the Taliban seized power almost a year ago, Germany’s foreign minister said Thursday. Only half of this group has so far managed to leave Afghanistan. Baerbock said that people who left Afghanistan, mostly through Pakistan, make up around two thirds of the total who have been approved for admission to Germany.
2d ago
The Independent
Trump obsesses over exact position of water glass in bizarre clip from bombshell Jan 6 film
Documentary footage subpoenaed by House Select Committee investigating the Capitol riot
1d ago
Investor's Business Daily
This Is No Bitcoin Crash, It's A 'Crypto Ice Age' — And Here's Why
Bitcoin bear markets aren't unusual. But cryptocurrencies have never faced such an aggressive Federal Reserve. Welcome to the crypto ice age.
12h ago
The Independent
Mark Zuckerberg thinks a billion people will join him in the metaverse
Meta Pay digital wallet will facilitate hundreds of billions of dollars worth of transactions in virtual reality, tech boss claims
2d ago
PureWow
Kate Middleton and Prince William Were in Full-On Parenting Mode at Their Latest Outing
With three small children in the house, Kate Middleton and Prince William surely spend plenty of their time parenting....
2d ago
Barrons.com
AMD’s Share of the Server Chip Market Could Double, JPMorgan Says
JPMorgan is getting more optimistic over Advanced Micro Devices’ high-end chip business, citing strong results from the firm’s latest survey of technology buyers. On Thursday, analyst Harlan Sur said the chipmaker’s solid product road map and the firm’s CIO survey suggest the company can achieve 30% to 40% market share in the server processor market over the next few years—up from 20% this year. AMD (ticker: AMD) makes processors that act as the main computing brains for personal computers, servers, and graphics cards.
2d ago
The Wall Street Journal
Polestar Shares Rise in Electric-Vehicle Maker’s Market Debut
Shares in Polestar Automotive Holding UK PLC jumped 16% on their first day of trading Friday, after the Swedish electric-vehicle maker completed a merger with a special-purpose acquisition company amid plans to expand globally. Polestar agreed to be acquired by blank-check company Gores Guggenheim in September. The auto maker is a unit of Volvo Car AB, which in turn is owned by Zhejiang Geely Holding Group Co. of China.
12h ago
Deadline
‘Peaky Blinders’ Producer Joe Donaldson Launches Magic Hour Television; Signs First-Look Deal With All3Media International & New Pictures
Peaky Blinders and Cobra producer Joe Donaldson has set an indie, Magic Hour Television, and signed a first-look deal with All3Media International and All3Media-owned drama house New Pictures. Donaldson will develop a slate, funded by All3 and its international arm, and partner with New Pictures co-founder and CEO Willow Grylls to produce scripted TV. Furthermore, Donaldson […]
1d ago
Barrons.com
What’s Wrong, Warren? Berkshire Hathaway Stock Has Been Hit Hard in June.
The drop is exciting some Berkshire investors because the stock now trades for 1.3 times Barron's estimate of its June 30 book value, compared with more than 1.5 times at its March high.
19h ago
Investor's Business Daily
Dow Jones Gains; Tesla Falls After Elon Musk Reveals These Fears; This Stock Up As Warren Buffett Raises Stake
The Dow Jones moved higher as yields fell. Tesla stock skidded after CEO Elon Musk voiced a warning. A Warren Buffett stock rose.
2d ago
Indiewire
Netflix Lays Off Another 300 Staffers Amid Subscriber Decline
As Netflix cuts costs to ease subscriber-loss pains, more jobs have been scrapped.
2d ago

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Dow Jones Futures Fall After Snap Slams Techs; Northrop Goes On Offense

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