CSX said it expects revenue to fall as much as 2% in 2019, well below a previous forecast of an increase of 1% to 2%.Marketsread more
Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, cause a stunning drop in foreign demand for American homes.Real Estateread more
The growth in net interest income, a main engine of the industry's profit, looks to slow to a halt in the back half of this year.Banksread more
Amazon also said that on Monday and Tuesday it sold more Amazon devices — like the Echo Dot, the Fire TV Stick and Alexa Voice Remote — over a two-day period than it ever has...Retailread more
The news comes after eBay announced a strategic portfolio review on March 1.The Faber Reportread more
If the S&P 500 climbs another 4%, it will have doubled the peak reached in the previous bull market, Michael Santoli notes.Trading Nationread more
Ascending triangle patterns have been appearing across the stock market, and they tend to be precursors to higher prices, says Miller Tabak's Matt Maley.Trading Nationread more
Netflix reports earnings Wednesday as it loses licensed shows to rivals launching their own streaming services.Technologyread more
Hedge fund manager Kyle Bass reportedly thinks that U.S. interest rates will plummet toward zero in 2020 as the economy heads for recession.Hedge Fundsread more
Shares of beauty and wellness products company Nu Skin tanked on Wednesday after the company said China's crackdown on health products is weighing on sales.Investingread more
Buying stocks when they are this expensive has historically led to lower returns, data compiled by Ned Davis Research shows.Marketsread more
A robot doing a backflip? That's so last year.
In a new YouTube video from robotics company Boston Dynamics, which Alphabet sold to SoftBank last year, a robot is shown hopping over a log and then up a series of blocks, an activity called parkour.
This two-legged robot, called Atlas, is the same one that was shown doing a backflip less than a year ago.
The video is called "Parkour Atlas," in reference to a popular recreational activity among young people. In a 2007 New Yorker article, parkour is described as "a quasi commando system of leaps, vaults, rolls, and landings designed to help a person avoid or surmount whatever lies in his path."
An earlier version of Atlas starred in the Darpa Robotics Challenge in 2015. Teams of researchers added their own technology to the robot, with varying degrees of success.