Good MorningEquity markets hovered near all-time highs on Tuesday as S&P 500 earnings came into sharp focus. The takeaway is that earnings growth is present for the index, but results are spotty from industry to industry and company to company. Verizon and GE Aerospace's results were solid but less than forecasted by their consensus estimates, leaving their stocks down significantly, while others, including General Motors, outperformed.
Shares of hyperscalers Amazon, Alphabet, and Microsoft were among the day's leaders, driven by hopes for profitable AI applications. The latest news is a slate of agents released by Amazon-backed Anthropic intended to automate business tasks. Microsoft led the group with a 3% gain and is on track to continue the uptrend in share prices this year. Microsoft and other big tech names will report earnings next week. Featured: How to Legally Opt-Out of the Central Bank Digital Currency (Genesis Gold Group) 
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Markets | | | There are very few opportunities in the stock market that offer discounts on great companies that are still not well-known but that grow at massive rates to become household names and Wall Street favorites in the near future. One of these stocks, with the sort of attractive discount investors woul... Read the Full Story |
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Stocks | | | U.S. stock indexes barely budged after a quiet day of mixed trading on Tuesday.The S&P 500 edged down by less than 0.1%. It was a tiny loss, but it still marked the first back-to-back drop for the index in a month and a half. The index fell modestly on Monday after coming off a sixth straight w... Read the Full Story |
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Stocks | | | World stocks were mixed on Wednesday under pressure from a rising U.S. dollar and uncertainties over the U.S. election. European markets opened mostly lower, with Germany's DAX dropping less than 0.1% at 19,414.73. In Paris, the CAC 40 lost 0.3% to 7,511.72. Britain's FTSE 100 rose 0.1% to 8,312.97.... Read the Full Story |
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Markets | | | GitLab Inc (NASDAQ: GTLB) shares have been making a strong comeback in recent weeks after what must be acknowledged as a challenging year. Despite beginning 2024 on a high, driven by momentum from the 2023 year-end rally, the tech stock slumped into the summer. However, since then, the $9... Read the Full Story |
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Markets | | | Shares of Cisco Systems Inc (NASDAQ: CSCO) have been making headlines for all the right reasons with their multi-month rally, which has added 30% since August. Though still short of its pandemic-era highs, the tech titan is continuing to gain momentum, and expectations are building accordingly as ... Read the Full Story |
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Markets | | | Verizon (NYSE: VZ) is a total package for investors interested in stress-free total returns. The stock trades at a deep value relative to its historical average and the S&P 500; it pays more than 6% in yield and trades with a beta of nearly 0.5x. The factor that seals the deal is the outlook... Read the Full Story |
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Markets | | | Shares of General Motors surged almost 10% Tuesday after the automaker posted a $3 billion third-quarter profit, slightly less the same period a year ago. It was the stock's biggest single day percentage gain in more than four years.GM's stock closed up 9.8% at $53.73, the biggest increase since Mar... Read the Full Story |
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Markets | | | The global war against inflation has largely been won — and at surprisingly little cost to economic growth, the International Monetary Fund declared Tuesday.In its latest assessment of the global economy, the IMF predicted that worldwide inflation will cool from 6.7% last year to 5.8% this year and ... Read the Full Story |
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Markets | | | Over the last couple of years, one of the biggest stories in the stock market has been around pharmaceutical companies that are thriving due to the proliferation of their weight loss drug treatments. The two firms that most readily come to mind are Eli Lilly (NYSE: LLY) and Novo Nordisk (NYSE: NVO... Read the Full Story |
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Markets | | | Treasury Secretary Janet Yellen says the U.S. economy has grown stronger because the Biden administration rejected isolationism, offering a barely veiled criticism of former President Donald Trump's policies two weeks before the U.S. election Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and des... | | View Today's Stock Pick |
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