While earnings usually come in substantially ahead of expectations — as much as 4 or 5 percentage points is not unusual — the downward direction in the outlook doesn't speak...Earningsread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Shopify debuts a new network to help it compete with Amazon.Marketsread more
"We missed being the dominant mobile operating system by a very tiny amount. We were distracted during our antitrust trial. We didn't assign the best people to do the work,"...Technologyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
The strong dollar story could be over for now, and that's putting a shine on the 'anti-dollar' trade—gold.Market Insiderread more
Some traders think the energy rally is about to wane, despite the sector being one of June's big winners.ETF Edgeread more
Stocks with this one feature are poised to crush the market after a rate cut, according to Goldman Sachs.Marketsread more
An Air Canada passenger traveling to Toronto from a weekend in Quebec City found herself stranded alone on the tarmac and in the dark, in what she described as a "nightmare."Airlinesread more
The new cut will likely draw thousands back to theaters and could finally push "Avengers: Endgame" above and beyond the record $2.78 billion "Avatar" has earned since its...Entertainmentread more
"I believe it would be wise to take additional time and allow events to unfold" before deciding on rates, the Dallas Fed official said in an essay.The Fedread more
Investors should be on the lookout for energy stocks, according to Morgan Stanley's chief market strategist.
Adam Parker told CNBC's "Squawk on the Street " on Friday that the time to buy energy stocks is now. "Energy stocks are cyclical," he said. "All seven times they've gone down this much in the past, they've subsequently outperformed six months later."
Investors should not wait for energy stock earnings to hit bottom to start buying energy stocks, Parker also said. "You have to be early," he said. "You have to buy them two to three months before the earnings revision bottom. You can't wait for them to bottom. [Once they bottom], the stocks are off to the races."
Parker added that he believes energy stocks will rise because of their valuation. "If you look at price-to-book [ratio], ... historically, it's the most effective metric of predicting subsequent return in energy," he said. "The stocks are pretty cheap. You have to be buying them on a belief that oil will be higher 12-to-18 months down the line."