Good MorningThe equities market was poised to make a big move after Wednesday’s report on labor conditions from ADP. According to ADP data, the number of new jobs created in June topped 2.3 million to come in well above estimates. The June figure was bolstered by upward revisions to the previous month that added more than 5 million jobs to the two month total. Needless to say, the news foreshadowed a strong NFP report and fueled the stock market melt-up.
With a strong economic recovery all but assured, traders are turning their focus toward earnings. Signs are emerging the analyst community has misjudged the S&P 500 earnings potential and that means better than expected results for the Q2 reporting cycle and upward revisions to support share prices. The peak of the season is still a few weeks away but next week promises to bring more of the same.
Featured: Elon Musk Called a Total Fraud in 2018 - Here's What Changed (Ad) 
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So...how do you feel about risk? There are investors out there who can't get enough of the stuff, and invest as Richard Branson lived for a good chunk of the last couple decades. There are others, meanwhile, who'd keep it at the barest minimum possible. For investors who crave risk, Tesla (NASDAQ:... Read the Full Story |
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From Our Partners | | Jeff Brown, founder and CEO of Brownstone Research, says he has uncovered what he calls one of the biggest discoveries of his career tied to the ongoing AI boom.
Brown is pointing to a key date, October 20, and is highlighting five AI-related opportunities outside the traditional stock market that most investors have never heard of. | | Click here to see the full research before October 20 |
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The big question heading into FedEx's (NYSE:FDX) fourth-quarter report was whether a pandemic-driven online shopping spree would outweigh lower business shipping volumes. The answer is a resounding yes.
The delivery and logistics giant announced a 2% decline in revenue to $17.4 billion but adjust... Read the Full Story |
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Markets | | Pool Corporation (NASDAQ: POOL) stock increased by more than 2% yesterday; shares are now less than 1% away from breaking out to fresh all-time highs.
POOL distributes swimming pool maintenance products, equipment, and building materials through its sales centers. Some of the company’s produc... Read the Full Story |
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From Our Partners | | Jeff Brown, the analyst who flagged Bitcoin, Tesla, and Nvidia early, is tracking Elon Musk's next move. He points to a new AI project tied to Musk's Cybercab reveal.
Brown says Musk has opened major investment windows before, with PayPal, Tesla, and SpaceX marking milestones in tech history. He believes a fourth may open by October 30. | | See Jeff Brown's full analysis on Musk's new AI project |
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Sometimes, keeping things simple in the stock market is the best way to profit. If you notice a particular industry or stock that has been regularly gaining, riding the trend can be a very lucrative strategy. For example, take a look at a stock like Sea Limited (NYSE:SE). The e-commerce company&rs... Read the Full Story |
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The results are in. The Federal Reserve conducted its annual stress tests on the nation’s banks last week. As a reminder, the objective of the stress tests is to look at a bank’s liquidity under a worst case scenario. Wells Fargo (NYSE:WFC) was one of 33 banks with more than $100 billi... Read the Full Story |
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From Our Partners | | MindWalk Holdings (NASDAQ: HYFT) is applying AI to drug discovery, and its customer base already includes 19 of the top 20 global pharmaceutical companies.
The company's HYFT technology maps roughly 660 million biological patterns and 25 billion relationships. Q1 fiscal 2027 revenue hit $3.8 million, with gross margin improving to 59 percent in its fifth consecutive quarter of year-over-year growth.
A new OpenFold3 deployment delivered about 5x faster antibody-antigen inference, and a $30 million revolving credit line, free of warrants or equity conversion, adds fuel for expansion. | | Take a closer look at HYFT before AI reshapes drug discovery. |
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Gilead Sciences (NASDAQ:GILD) is struggling to hold onto gains in midday trading following the release of pricing for its Covid-19 treatment remdesivir. What would normally be seen as a home run for investors is meeting headwinds as consumer groups cry foul.
The company announced patients with pr... Read the Full Story |
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Facebook (NASDAQ:FB) stock continues to decline during Monday trading as more advertisers continue to join a growing boycott of the social media platform. The sell-off started on Friday, June 26 when Facebook stock dropped 8.3%. The two-day decline has decreased Facebook’s market value by $6... Read the Full Story |
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All it takes is one successful cyberattack to cause significant damage to a company’s reputation for protecting its customer and its internal data. In today’s increasingly technology-dominated world, the ability to provide reliable cybersecurity services is becoming an essential servic... Read the Full Story |
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It’s hard to imagine a company taking their business public with an Initial Public Offering (IPO) at the height of a global pandemic and recession, but that doesn’t mean that every IPO in 2020 is doomed. In fact, you might even consider a company that moves forward with an IPO at this ... Read the Full Story |
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Markets | | It’s taken a little longer than others, but by the time the bell rang to end Thursday’s session, shares of Accenture (NYSE: ACN) had not only reclaimed their pre-coronavirus levels but had closed above them. That means the consulting behemoth’s stock is at all-time highs, only two ... Read the Full Story |
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The Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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