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US Risks Its Top Credit Rating With Shutdown, Moody's Warns
Moody’s Investors Service, the only remaining major credit grader to assign the US a top rating, has signaled that its confidence is wavering ahead of a potential government shutdown.
While “debt service payments would not be impacted and a short-lived shutdown would be unlikely to disrupt the economy, it would underscore the weakness of US institutiona...
US Risks Its Top Credit Rating With Shutdown, Moody's Warns
Moody’s Investors Service, the only remaining major credit grader to assign the US a top rating, has signaled that its confidence is wavering ahead of a potential government shutdown.
While “debt service payments would not be impacted and a short-lived shutdown would be unlikely to disrupt the economy, it would underscore the weakness of US institutiona...
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Columns Wall Street Today | US Treasury Yields Rise to Highest in over a Decade Ahead of Key Fed Meeting
MACRO
Morgan Stanley, Goldman Sachs Warn of Mounting Risks for US Earnings
Both $Morgan Stanley (MS.US)$'s Michael J. Wilson and $Goldman Sachs (GS.US)$'s David J. Kostin said headwinds to profitability are building, highlighting tighter monetary policy and pressure on company margins as key concerns. According to Wilson,"there is still a long way to go before reality is fairly priced."
US Homebuilder S...
Morgan Stanley, Goldman Sachs Warn of Mounting Risks for US Earnings
Both $Morgan Stanley (MS.US)$'s Michael J. Wilson and $Goldman Sachs (GS.US)$'s David J. Kostin said headwinds to profitability are building, highlighting tighter monetary policy and pressure on company margins as key concerns. According to Wilson,"there is still a long way to go before reality is fairly priced."
US Homebuilder S...
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Pre-Market Stock Movers
Gapping up
$Fisker (FSR.US)$ stock rose 3.8% after the EV manufacturer announced that it expects to ramp up deliveries to 300 vehicles per day in U.S. and Europe, having manufactured 5,000 Fisker Oceans to date.
$DraftKings (DKNG.US)$ stock rose 3.1% after JPMorgan upgraded its stance on the betting company to 'overweight' from 'neutral', seeing promising potential for same-store and new market ...
Gapping up
$Fisker (FSR.US)$ stock rose 3.8% after the EV manufacturer announced that it expects to ramp up deliveries to 300 vehicles per day in U.S. and Europe, having manufactured 5,000 Fisker Oceans to date.
$DraftKings (DKNG.US)$ stock rose 3.1% after JPMorgan upgraded its stance on the betting company to 'overweight' from 'neutral', seeing promising potential for same-store and new market ...
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Pre-Market Stock Movers
Gapping up
$FedEx (FDX.US)$ shares rose more than 5% in premarket Thursday trade. FedEx reported adjusted EPS of $4.55 on revenue of $21.7 billion. Analysts polled by Investing.com anticipated EPS of $3.7 on revenue of $21.73B. The beat on the bottom line was underpinned by cost cuts that improved operating results, though that was partially offset by ongoing demand weakness, the company said.
Ga...
Gapping up
$FedEx (FDX.US)$ shares rose more than 5% in premarket Thursday trade. FedEx reported adjusted EPS of $4.55 on revenue of $21.7 billion. Analysts polled by Investing.com anticipated EPS of $3.7 on revenue of $21.73B. The beat on the bottom line was underpinned by cost cuts that improved operating results, though that was partially offset by ongoing demand weakness, the company said.
Ga...
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