Shawn Cruz

The S&P 500 came roaring back after hitting multi-year lows on optimism that a $2 trillion government stimulus package can get America through the worst of the coronavirus (COVID-19) outbreak. The Dow Jones Industrial Average gained nearly 20% over a three-day stretch from Tuesday...

Investors bought on the better-than-expected fourth-quarter earnings print from Roku Inc (NASDAQ: ROKU), but the streaming company's showing couldn't hold their interest for a second day, as the stock gave back the gains Friday. Still, analysts like Roku's positioning as a sort-of...

Amazon.com, Inc.'s (NASDAQ: AMZN) stock dropped on Friday after it issued weaker-than-expected guidance for the upcoming holiday season, but analysts remained bullish on the company and its one-day shipping buildout efforts. Amazon's third-quarter results were mixed, with earnings missing...

Second-quarter earnings season is just around the corner, and experienced traders know the next few weeks will likely be extremely volatile. Despite concerns over slowing economic growth and an ongoing trade war between the U.S. and China, the S&P 500 is entering earnings season at all-time...

This week will bring some of the most important news in what has been a disastrous year for Tesla, Inc (NASDAQ: TSLA) investors. Investors have gotten mixed signals about what to expect when Tesla reports second-quarter vehicle deliveries this week, but the number certainly has the potential...

The United States is planning to lift steel and aluminum tariffs on Mexico and Canada, clearing the way for ratification of the so-called "United States-Mexico-Canada Trade Agreement," the replacement for NAFTA, according to a Bloomberg report. The industry reacted to the report with...

Beyond Meat (NASDAQ: BYND) traded higher by another 3 percent Monday and is now up roughly 175 percent from its $25 IPO price last week. This week will offer Beyond Meat short sellers their first chance to take the other side of the trade and make bets that investors’ appetite for Beyond...

Analysts expected nonfarm payroll growth of 185,000 jobs, and the market didn’t disappoint. The national employment metric grew from 196,000 in March to 263,000 in April, according to the Bureau of Labor Statistics. The U.S. unemployment rate fell from 3.8 percent to 3.6 percent — the...

Uber Technologies' executives and bankers will soon make their pitch to investors during its pre-IPO roadshow. CNBC's Leslie Picker offered her take on what the team's main selling points are likely to focus on. 'Not As Risky'? Uber is pricing its IPO at around $86 billion on a...

Shares of big U.S. banks Wells Fargo & Co (NYSE: WFC) and JPMorgan Chase & Co. (NYSE: JPM) headed in different directions Friday after the banks reported mixed first-quarter earnings. Wells Fargo told investors that a lower interest rate outlook, flatter yield curve and tightening loan...

The price of WTI crude oil was down 0.8 percent to $64.13 per barrel on Friday after Baker Hughes A GE Co (NYSE: BHGE) released its weekly U.S. rotary drill rig numbers. Rig counts have been slowly creeping higher for nearly three years now as the oil market recovers from a 2014 price collapse. The...

Walt Disney Co (NYSE: DIS)’s ambitions for Disney+ far exceed analyst expectations. The company targets 60-90 million subscriptions for its direct-to-consumer service by 2024, management said at Thursday’s Investor Day presentation. It also expects the streaming platform to reach...

The U.S. Federal Reserve joined the central banks of Europe, China and elsewhere last week in cutting 2019 economic growth projections. The Fed is now calling for 2.1-percent growth this year, down from its previous projection of 2.3 percent. Trump’s Targets In 2018, the U.S. registered 2.9-...

The Federal Reserve Open Market Committee will be publicly releasing the minutes from its latest meeting this week, and the financial media is eager to report the details. But just how important for traders are the minutes from a meeting that took place weeks ago? What Are FOMC...

With most of major retailers reporting earnings within the next two weeks, expectations have shifted downward following big retail sales misses from December. Nordstrom, Inc. (NYSE: JWN) and Macy’s Inc (NYSE: M) are preparing to report fourth-quarter results later this month amid...