Finance

The Trade: How to play the jobs report

The January jobs report Friday missed expectations. How can investors trade the number using history as a guide? The U.S. economy created 151,000 jobs in January versus the Wall Street consensus of 190,000. The data will now be a crucial factor in how the Federal Reserve guides the market’s expectations on the future path of rate hikes. Using hedge fund ... Read More »

Early movers: TSN, EL, MCO, KO, CAM, LUV, TM, LNKD, LGF & more

Tyson Foods — The poultry producer earned $1.15 per share for its latest quarter, well above estimates of 89 cents a share. It also raised its 2016 forecast and added 50 million shares to its stock buyback program. Estee Lauder — The cosmetics maker beat estimates by 8 cents with quarterly profit of $1.19 per share, with revenue also beating ... Read More »

CloudFlare launches secure domain name management service

CloudFlare has launched a domain name registration service with enhanced security controls designed to prevent domain hijacking, a serious attack that can have far-reaching consequences for companies. Its Registrar keeps a close eye on domain name registrations and changes to registrations with the intention of preventing attackers from gaining control of a domain name, said Ryan Lackey, who works with ... Read More »

Why traders are betting on a big bounce for the metals

Gold and silver hit multimonth highs Thursday, as industrial metal copper rose to the highest level since the beginning of the year. This as the dollar continued to lose value against other major currencies. Notably, it is a move that is strongly counter to the trend seen over the past few years, whereby metals prices have fallen mightily as the ... Read More »

Casinos and arcades: AMD’s latest chip gamble

The bright lights of Las Vegas await AMD, which wants to change the face of gambling with its new graphics-focused G-series processing chips. The chips will bring 4K graphics to gambling machines and could lead to a more immersive gaming experience, said Scott Aylor, corporate vice president and general manager for enterprise solutions at AMD. Gambling could also become more ... Read More »

Saut expects bottom next week, then stock rally

Jeff Saut, chief investment strategist at Raymond James, said Friday the stock market looks like it’s searching for a bottom. Using a propitiatory forecasting model, he predicted it would happen next week, followed by a sharp rally. That model actually foresaw the 2015 summer swoon, but missed what he expected to be a “rip your face off” rally in late ... Read More »

Cramer: What the heck just happened to Clorox?

Jim Cramer was shocked by the action on Clorox on Thursday. The company reported a solid earnings beat and raised full-year guidance for 2016, yet the stock was slammed hard, down almost 5 percent in a single session. What the heck just happened to Clorox? “I think largely it was because of a broad rotation out of consumer products stocks ... Read More »

Your first trade for Friday, February 5

The “Fast Money” traders delivered their final trades of the day. Steve Grasso was a buyer of Dupont if it goes above $60 a share. Brian Kelly was a seller of the Market Vectors Gold Miners ETF. Karen Finerman was a buyer of Alphabet at these levels. Guy Adami was a buyer of Texas Instruments. Trader disclosure: On February 4, ... Read More »

Yum CEO teases Taco Bell’s new secret menu item

On Thursday, Yum Brands reported for the first time since it announced plans to spin off its massive Chinese business. And while Jim Cramer found the results somewhat mixed, he did start to see some signs of life from the company. More importantly, Yum confirmed it has finally seen positive same-store sales in China, which is currently Yum’s largest market. ... Read More »

News Corp earnings: 20 cents per share, vs expected EPS of 21 cents

News Corp. reported mixed results Thursday, citing foreign currency fluctuations and lower print advertising revenue. The global media company, which is controlled by Rupert Murdoch, posted fiscal second-quarter earnings of 20 cents per share on $2.16 billion in revenue. Analysts had expected News Corp. to report earnings of about 21 cents a share on $2.13 billion in revenue, according to ... Read More »