Good MorningEquity markets advanced on Thursday after a resolution to the debt ceiling deal emerged. The S&P 500 gained almost 1.0% by the end of the day and is on track to set a new high in the coming week. The caveat for traders and investors is that the index is still below the critical 4,300 mark and may not be able to advance beyond it.
The NFP report will dominate Friday's action. The NFP is expected to moderate job growth, an uptick in unemployment and ongoing wage inflation. The news, as expected, suggests a slowing in the economy but does not give the FOMC much leeway regarding interest rates. With inflation still running hot, the FOMC will have to keep rates higher, which will continue to pressure S&P 500 earnings. Featured: "An AI that can make you rich?" (Tradesmith) 
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Markets | | | Regarding steak marinades and financial debt, reductions are good — but not so much with stock dividends. A board of director's decision to employ dividend cuts is usually motivated by a need to shore up a company's financials. Its near-term ability to generate cash flow becomes compro... Read the Full Story >> |
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From Our PartnersForeign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late. | | | | Get the list of risky investments here! |
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Markets | | | Shares of Lululemon Athletica (NASDAQ: LULU) traded higher by as much as 13% on the after-market hours of Thursday evening as first quarter 2023 Lululemon earnings results came out. The advance in the stock price comes amid Lululemon's beating earnings expectations, as it reported $2.28 earni... Read the Full Story >> |
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Markets | | | Shares of Constellation Brands Inc. (NYSE: STZ) are gradually edging the right side of a base that began in December after the Constellation Brands stock price pulled back from a high of $261.32. The stock is up 6.27% in the past three months and 9.01% in the past six months. Since the... Read the Full Story >> |
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From Our PartnersIn 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home - in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account... But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money! | | | | Find out how to protect yourself here |
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Markets | | | CrowdStrike Holdings Inc. (NASDAQ: CRWD), the company's first-quarter results and the price action they inspired echo a theme sounded by ID security firm Okta Inc. (NASDAQ: OKTA) and cloud services firm Salesforce Inc. (NYSE: CRM). That theme is one of outperformance and increased g... Read the Full Story >> |
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Markets | | | Shares of Salesforce Inc. (NYSE: CRM) are down following the Q1 earnings release, but the market is already buying the dip. The news and guidance were better than the analysts' forecasts, but the market secretly hoped for more, so the price moved lower. The new wave of AI enthusiasm shou... Read the Full Story >> |
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From Our PartnersSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>> | | | | Learn how to protect your retirement here |
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Markets | | | David Duncan wants to help you do good and drink even better.Duncan, who runs iconic wine brands Silver Oak, Twomey, OVID Napa Valley and Timeless Napa Valley, announced that he is once again chairing Collective Napa Valley, a global auction focused on the goal of "protecting the agricultural treasu... Read the Full Story >> |
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Markets | | | A recent study by Cross River Therapy found that the average worker spends as much as 33% of their work week in meetings. As a business owner, that number might be much higher. That's a significant portion of the day to be virtually inaccessible, but that doesn't mean you have to be out of the loop.... Read the Full Story >> |
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Markets | | | Filmmaker Christopher Nolan's long-awaited film "Oppenheimer," which tells the story of physicist J. Robert Oppenheimer, the man who helped develop the atomic bomb as part of the Manhattan Project in World War II, is expected to be a smash hit at the box office when it hits theaters next month.But e... Read the Full Story >> |
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Markets | | | Airbnb filed a lawsuit against New York City on Thursday challenging the city's Local Law 18, which requires short-term rental hosts to register with the mayor's office.In the suit, Airbnb says the law is the "most extreme and oppressive regulatory scheme yet" by requiring prospective hosts to file ... Read the Full Story >> |
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Markets | | | With reports of cyberattacks targeting small businesses on the rise, the good news is that there are ways to beef up your cybersecurity and protect yourself against threats. And one is super simple: upgrade your operating system.If you saved money on your computer purchasing a refurbished device, it... Read the Full Story >> |
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