Category: Rises

SiriusXM rises on Q1 earnings beat, but warns of coronavirus impacts to come
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SiriusXM rises on Q1 earnings beat, but warns of coronavirus impacts to come

SiriusXM’s first-quarter 2020 earnings today painted a picture of what’s ahead for the music and entertainment service in light of the coronavirus outbreak. While the company surprised with both an earnings and revenue beat in the quarter ended March 2020, its satellite radio business also lost net subscribers due to declines in auto shipments, and…

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Dow Rises As Ominous Bloomberg Index Highest Since Dot.Com Bubble
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Dow Rises As Ominous Bloomberg Index Highest Since Dot.Com Bubble

A strong rally in Apple (NASDAQ: APPL) lifted the Dow on Thursday. Bloomberg’s consumer sentiment index demonstrates the highest level of enthusiasm since the dot.com bubble. Boeing’s new communications director has his work cut out to get the Dow Jones giant back on track. The Dow Jones rallied on Thursday as an impressive performance from…

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Bitcoin Dips, Gold Rises as Trump Derails U.S.-China Trade Talks
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Bitcoin Dips, Gold Rises as Trump Derails U.S.-China Trade Talks

Trump threatens to derail trade talks with China, standing firm on Beijing making huge agricultural purchases. U.S. stocks decline as investors move capital into safe-haven assets. Bitcoin yet again fails to act as a hedge while gold surges. Gold outperformed its rival bitcoin on Wednesday as trade talks between the U.S. and China seemed to…

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Dow Rises Defiantly as Dismal Manufacturing Data Threaten Economy
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Dow Rises Defiantly as Dismal Manufacturing Data Threaten Economy

The Dow plodded toward a moderate gain on Thursday after the index emerged unscathed from another batch of third-quarter corporate earnings reports. The stable earnings helped fortify the Dow against more dismal manufacturing data, which could spur more Federal Reserve interest rate cuts but may also presage an economic slowdown or even a full-blown recession.…

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