The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
BlackRock, Inc.: "You’re getting a rare opportunity to buy that stock when it’s down. It’s hardly ever down, the darned thing. Take advantage of it."
Biogen Inc.: "This is a very hard one because I think that they were very promotional when they put out their news. They had failed to meet the endpoints earlier and now they said they’ve made the endpoints. That said, if it’s true, the stock doubles. If it’s not true, the stock gives up 40 points. That’s the risk-reward. You’ve got to make a judgment. It’s above my pay grade."
Regions Financial Corporation: "I like Regions Financial. I like those medium, not gigantic banks. I think you’ve got a good one."
Lockheed Martin Corporation: "Yes, I do [believe it’s possible for Lockheed’s stock to recover]. I think Lockheed Martin is very good. For my charitable trust, which you can follow if you join the ActionAlertsPlus.com club, we own Raytheon, which I think has better growth than Lockheed but Lockheed is fine. "
U.S. Bancorp: "One of my favorite banks. I think you’ll do quite well in it over time, not instantly."
Target Corporation: "I like Target. [CEO] Brian Cornell is doing a fabulous job. And I’ll throw in a 3 percent yield. Target is a winner."