Why Wells Fargo favors industrial stocks despite new tariffs as S&P 500 stumbles
We want to buy industrials here,' says Paul Christopher, head of global investment strategy at Wells Fargo investment Institute The industrial sector is one area of the U.S. stock market that looks ...
Kyndryl misses third-quarter revenue estimates as strong dollar weighs
The company - the former infrastructure services business of IBM - derived more than 74% of its total sales in the third ...
Hosted on MSN42m
Apple Faces Limited Earnings Headwind From China Tariffs, BofA Says
Apple (AAPL) will likely see a limited earnings impact from the 10% tariffs imposed by the Trump administration on Chinese imports, BofA Securities said Monday. The iPhone maker could see a roughly ...
Trump tariffs mean Canadian whisky importers may pass costs to Americans
Global makers of alcoholic drinks like Diageo are caught in the cross-fire of a major trade war as U.S. tariffs deal a hefty ...
After losing drainage appeal, Houston will offset $100 million hit with Metro cash
Houston officials plan to offset a $100 million hit to the city’s budget in a recent legal ruling by using cash from the Metropolitan Transit Authority to spend more money on streets and drainage. The ...