The volatility that rocked oil prices last quarter may have moderated, but Citi's global head of commodities research says the market's "nightmare" is not over yet. Read More...

General Motors will begin involuntary layoffs on Monday, hoping to complete the latest round of cutbacks before releasing its fourth-quarter earnings on Wednesday. Read More...

Steel manufacturing company Commercial Metals (NYSE: CMC) has been trending lower for almost a year since hitting a ten-year high last February.The past signals generated on Commercial Metals have been accurate 79% of the time.    

Health insurance broker Health Insurance Innovations (Nasdaq: HIIQ) experienced a tremendous run from the fourth quarter of 2016 through the third quarter of 2018.It has since bounced back and has broken through several layers of resistance during the bounce. The stock moved back above its 104-week and 52-week moving averages.

Media firm Discovery (Nasdaq: DISCA) has seen its post-Christmas rally stall earlier than most other stocks.Past predictions on Discovery have been accurate 73% of the time.

But focusing on bitcoin’s price volatility – value has decreased by 80-plus percent since that peak – misses the point, says seasoned crypto software engineer Jameson Lopp.In fact, Lopp argues that bitcoin has never been stronger than it was in 2018 – if you look at metrics independent from economics. Lopp, who is CTO at crypto security firm Casa, described bitcoin in a Medium post as being “at the forefront of an increasingly complex ecosystem that continues to grow in a variety of ways.

Shares of the world’s largest publicly traded oil and gas company, Exxon Mobil, rose more than 3% on Monday to touch the $76 mark. Exxon’s latest quarterly earnings report revealed that the company reported a forecast-beating performance in the fourth quarter. Quarterly profit excluding the impacts of U.S. tax changes rose to $6.41 billion, registering a 72% increase from the same period a year ago. However, quarterly profit including the tax impacts fell by 28% compared to the same quarter a year ago to $6 billion.Nevertheless, the equivalent earnings per share of $1.41 beat forecasts of $1.08 per share. But revenue couldn’t match forecasts and came-in at $71.89 billion, although the company showed a small increase in fossil fuel production.

Global oil prices fell again on Monday after U.S. data sparked fresh concerns about a slowdown in the global economy and rising crude supplies in the United States. Over the past couple of weeks, oil markets experienced a positive outcome as prices rose to $64 a barrel, following supply cuts by the OPEC countries, especially Saudi Arabia, as well as sanctions against Venezuela’s oil exports. But this rise was short-lived as prices fell again on Monday. Brent crude oil, the global benchmark for oil, had hit $63.30 a barrel before the start of the trade on Monday – the highest since early December, but as the trading started Brent lost 24 cents to stand at $62.51 around 1:30 p.m. ET. On the other hand, West Texas Intermediate crude also experienced its best intra-day high of $55.75, since November 21, 2018.But it was down by 75 cents or 1.4% to stand at $54.51 around 1:30 p.m.

Overcoming a joint bid from Pratt and Whitney (UTX) and Honeywell (HON), General Electric (GE) secured a $517 million contract to engineer, develop and manufacture engines for the U.S Army’s next generation of helicopters under the Improved Turbine Engine Program (ITEP). The current model of engine, T701, also built by GE, will be replaced by the new T901 engines that will power the Army’s Boeing AH-64 Apaches and Sikorsky UH-60 Black Hawks, both under the Utility Tactical Transport Aircraft System (UTTAS) program. With this upcoming masterpiece, GE Aviation CEO, Tony Mathis expressed optimism that this engine could also potentially outfit the Army’s next generation reconnaissance helicopter in the Future Vertical Lift family of systems.He also added that the company is honored to be chosen by the Army to continue powering their Black Hawks and Apaches for decades to come.

Yesterday, it was reported that Emirates was reconsidering on adding to its Airubs A380 fleet.That can't be good for Boeing's (NYSE:BA) 787 either, reports The Air Current.

Papa John's International Inc. got a brand-new chairman. Starboard Value LP will make a $200 million investment in the troubled pizza chain and the investment firm's CEO will become chairman, the companies confirmed early on Monday.READ MORE...

Legendary investor Bill Gross, the onetime king of the bond market, announced plans on Monday to retire after more than four decades in finance. Gross, 74, will step aside on March 1 to focus on managing his personal assets and charitable foundation, according to Janus Henderson (JHG), the firm he joined in 2014 after a messy divorce with PIMCO.READ MORE...

Tesla says it's getting close to making the most important vehicle in its lineup: the Model Y. Last week, CEO Elon Musk announced Tesla will begin preparing for 2020 production of the mass market SUV.He expects work to begin sometime this year, and he predicted the Model Y would become Tesla's best selling vehicle.

(Bloomberg) -- Alphabet Inc.’s Google became the most-profitable internet company by recruiting talented technologists and inspiring them enough to keep them around.That advantage may be slipping as some workers increasingly doubt the leadership and vision of Chief Executive Officer Sundar Pichai, according to recent results from an employee survey. READ MORE...

One man’s clearance aisle is another man’s treasure. So goes the mantra for Ryan Grant, a 30-year-old entrepreneur whose company notched over $6 million in sales last year, in part by buying items at his local Walmart and reselling them on Amazon. READ MORE...

Even with the recent government shutdown, Social Security recipients kept getting paid.Because many retirees get almost all of their income from the benefit checks, it's essential to know exactly when they'll come in. READ MORE...

In spite of a challenging fourth quarter, Deutsche Bank declared its first full-year net profit since 2014. The German lender has been facing series of setbacks owing to fines, several failed restructuring attempts, and money-laundering allegations.The profit number of 341 million euros ($390 million) for 2018 failed to beat market consensus, with a Reuters poll of analysts predicting a figure of 461 million euros. But there is still a bright side.

Puma, the third largest athletic shoe company in the world, is set to take on arch rival Nike and launch its auto-lacing smart shoe called the Fit Intelligence (Fi) in Spring 2020.Priced at a competitive $330, Fi is cheaper than Nike’s Adapt BB—a comparable self-lacing smart basketball shoe--by nearly $20. This new variety of sports shoes can be connected to an app, from which the laces can be adjusted with a swipe of a finger.

GE's power business has been struggling for some time now with stock declining on earnings in the past 11 out of 13 quarters. GE’s CEO Larry Culp is positive that the company will make substantial progress in the coming months, but for now there will be some residual effects from non-operational headwinds related to legal settlements and legacy project erosion.Further, GE’s cash flow may also be affected by restructuring and investments in health-care, but Culp assured shareholders that these are just one-time items, which in the long run will cool off. To buttress Culp’s optimism, analysts claim that whatever challenges the power business is facing today, GE is making a realistic assessment and tailoring a solution.

As the FOMC were in the process of reversing multiple years of near zero interest rates, the path back to rate ‘normalization’ was communicated relatively clearly to the public.So throughout the last few years, the number and timing of Fed Funds rate hikes was never a surprise. READ MORE...