Markets
Google Crushes Earnings (GOOG)
Google (Nasdaq: GOOG) killed it last night. Earnings growth was an amazing 36% over last year. This morning, analysts are scrambling to get their new price targets for Google… Read more
Why JP Morgan Always Beats (JPM)
JP Morgan (NYSE:JPM) turned in a very solid second quarter earnings report this morning. Revenue was $2 billion better than expected, at… Read more
Alcoa Doesn’t Blow It: Stocks Rally
Well, Alcoa (NYSE:AA) managed to meet on earnings, and beat on revenue. All in all, I’d say that’s pretty good. I’ll also… Read more
Q2 Earnings Season Starts Today
When it comes to conspiracy theories, and the theorists who theorize them, I definitely fall into the armchair variety. Sure, conspiracy theories… Read more
The Worst Acquisition in History
It’s good to know the financial markets, and the
government’s legions of economists and statisticians, have a sense of
humor.
… Read more
My Bank Obsession: Bank of America (BAC)
I’m sure Daily Profit readers think I have an unhealthy obsession with the “too big to fail” banks, especially Bank of America… Read more
Banks Win, Again (BAC, C)
The banks win again, as yesterday’s Fed vote on interchange rules gave the banks more than expected. If you don’t know, interchange… Read more
The End of QE2 (FDX)
Today is the first day of the post-QE2 economy. We’ve been living under the influence of liquidity… Read more
Are Greek Debt Issues Pushing Stocks Lower?
The S&P 500 is doing its best to build on the half-point rally it put together… Read more