Steve Sosnick, Interactive Brokers’ Chief Strategist, discusses the recent outcomes of earnings releases.
There have been some outliers that have seen some harsh results such as GrubHub (GRUB) and Beyond Meat (BYND).
Have investors become more skeptical which companies are really tech stocks?
Photo Credit: TLC Jonhson via Flickr Creative Commons
State-owned industries post risks for global investors
Ongoing tensions between the US and Iran have investors reexamining their risk exposures. The hawkish developments occur just as Kevin Warsh gears up in his first week at the helm of the Fed, with stocks extending their fall from Friday.
You didn’t need an accounting degree to see this Groupon restatement mess coming. There were warnings, as well as individuals raising detailed concerns.
Things could still get very ugly very fast in Europe if the feared contagion finally does happen.
