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The Final Barrier for One Last Bull Market High

The Final Barrier for One Last Bull Market High

Here’s what you need to know about the tariff effect. TheStreet’s Martin Baccardax breaks down what the tariffs and the trade truce mean for the markets as the year comes to a close. He said that he believes that the worry about tariffs may be the one thing keeping us from one final bull market high

Australia’s GDP weaker than expected in Q3

SYDNEY–Australia’s economy grew more slowly than expected in the third quarter, amid broad weakness in construction, retail and the farm sector. Gross domestic product expanded 0.3% in the three months through September from the prior quarter, and 2.8% from a year earlier, the Australian Bureau of Statistics said Wednesday. Economists had expected 0.6% growth on


Walmart, Target Benefiting From G-20 Talks, TJX, Ross Not So Much

The retailers who are more exposed to tariffs may be better positioned to see their stocks move up soon. That’s because there have been fears that the President Trump and Xi Jinping’s G-20 meeting would result in increased tariffs on American goods. That didn’t happen, and now there’s a trade truce, where Trump has agreed

Palo Alto Network

5 Takeaways from Palo Alto Networks’ Upbeat Earnings Report and Call

Like a few other enterprise tech firms reporting this week, Palo Alto Networks posted a pretty solid set of top-line numbers. After the bell on Thursday, the security tech giant reported October quarter (fiscal first quarter) revenue of $656 million (up 31% annually) and non-GAAP EPS of $1.17, topping consensus estimates of $632 million and $1.05.

Trump Xi Meeting

G-20 Preview: Investors Hedge Bets Ahead of Trump/Xi Meeting

Whether the U.S. and China will make meaningful progress over dinner at the G-20 meeting this weekend is anybody’s guess. As U.S. stocks have risen this week, retail investors have been hedging their bets ahead of the meeting. “Some people are going to be hedging positions to protect themselves from the downside if there is


Tesla Feels the Burn of Tariffs, Solving the China Sales Slump Will Be Tough

Retaliatory tariffs on cars coming into China initially were thought to maybe hurt Telsa Inc. (TSLA) . It’s clear now that they have. Tesla’s sales in China sank 70% year over year in October, according to China Passenger Car Association, Reuters reported. Tesla said the 70% number was inaccurate, although it seems clear that a 40% tariff on U.S. autos


Recession Could Hit a Vulnerable U.S. Economy in 2019 – What Investors Should Do

The U.S. economic outlook is getting bleaker. As experts of financial markets and the economy debate whether there will be a recession next year or later, the chances of that one will come eventually are certain. A recession is defined as two consecutive quarters of negative GDP growth. “Certainly, there’s growing risk of recession —


Lowe’s to close 51 locations, including 20 stores in the U.S. These Lowe’s stores are closing in the next three months

Lowe’s Companies said Monday that it will close 51 underperforming stores and other locations, including 20 stores in the U.S., as part of its plan to focus on its most profitable stores. The stores being closed in the U.S. are located across 13 states. In Canada, 27 stores are being closed are across five provinces.