Good MorningEquity traders got some reassurance from the Fed on Wednesday but not enough to spur a large move. The minutes from the last FOMC meeting indicate the committee is not eager to raise interest rates stating it would be “some time” before the first hike would come. The NASDAQ led the market but only gained 0.25% at the high of the day. The S&P 500 and Dow Jones Industrial Average both hovered near break-even and closed virtually unchanged for the day.
Action on Thursday could be different. Fed Chief Jerome Powell is scheduled for a speech on the state of the global economy and could give the market an additional boost. With global GDP estimates on the rise and recent labor data pointing to a solid reopening positive commentary from the FOMC Chairman could usher in another market rally with the earnings season right around the corner. Earnings growth in the Q1 period is expected to be strong and the estimates are on the rise.
Featured: Trump Just Gave the Green Light to Rewrite Social Security? (Ad) 
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Markets | | Media behemoth ViacomCBS (NASDAQ: VIAC) stock had a meteoric rise and violent collapse on the heels of the Archegos forced liquidation margin call selling. Shares collapsed nearly (-60%) in four trading days accelerated by the forced liquidation of nearly $20 billion in VIAC shares. Skeptical invest... Read the Full Story |
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From Our PartnersJeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%...
Just did a demo of what Nvidia’s CEO said will be "the first multitrillion-dollar robotics industry." | | Click here to watch the demo… |
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Markets | | Shares were mostly higher in Asia on Thursday after a mixed close on Wall Street, where gains for several Big Tech stocks nudged the S&P 500 to a second record high in three days.
Tokyo’s Nikkei 225 index slipped 0.4% to 29,610.20 as a resurgence in coronavirus cases undermined c... Read the Full Story |
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Markets | | News and Sports media company Fox Corporation (NASDAQ: FOXA) stock has sold off in sympathy with the fallout in ViacomCBS (NYSE: VIAC) shares. While Fox shares may have also risen in sympathy with ViacomCBS, the sell-off may have been unwarranted unless the industry is repricing itself. In addition ... Read the Full Story |
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Markets | | Shares were mostly higher in Asia on Thursday though Tokyo’s benchmark declined as reports of rising coronavirus cases raised alarm over another setback in the recovery from the pandemic.
Tokyo reported 545 new cases and Osaka's government declared a medical emergency as the latest su... Read the Full Story |
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Politics | | BEIJING — Chinese officials say 11 more people have been diagnosed with COVID-19 in a southwestern city bordering Myanmar that is the scene of China’s current sole active outbreak.
Cases in the Yunnan province city of Ruili have topped 100, including those not showing symptoms.
... Read the Full Story |
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From Our Partners2025 is off to a turbulent start—markets are swinging wildly, inflation pressures remain high, and recession fears are creeping back into headlines.
But even in uncertain times, innovation doesn’t slow down.
In fact, artificial intelligence (AI) is accelerating faster than ever—creating new profit opportunities while the broader market struggles.
Our latest research reveals two AI stocks trading under $15 that could thrive even as volatility grows. These under-the-radar companies are positioned to ride the next wave of AI-driven demand—and they’re still flying below most investors’ radar. | | 👉[Click here to access your FREE AI stocks report now.] |
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Politics | | SEOUL, South Korea — South Korea has reported 700 more cases of the coronavirus as the speed of viral spread approaches levels seen during the worst of the country’s outbreak in winter.
The numbers released by the Korea Disease Control and Prevention Agency on Thursday brought the na... Read the Full Story |
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Politics | | SAN JUAN, Puerto Rico — Puerto Rico’s governor says officials will start vaccinating all those 16 years and older beginning Monday, prompting celebrations across a U.S. territory facing a spike in coronavirus cases.
Currently, only people 50 years and older as well as anyone 35 to 49... Read the Full Story |
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Markets | | A little over a year ago Simply Good Foods (NASDAQ: SMPL) was among the least appetizing packaged food stocks. The onset of the pandemic translated to low demand for on-the-go nutrition as gyms closed and people worked from home. Read the Full Story |
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Markets | | Lamb Weston (NYSE: LW) is among the very few consumer staples companies that have not had a fantastic post-COVID experience. The company, hampered by its exposure to restaurants and hospitality, saw its revenue drop sharply in the fiscal Q4 period of 2020 Read the Full Story |
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Markets | | With the global AI market expected to reach $267 billion by the year 2027, there’s plenty of reasons to consider investing in companies with exposure to the technology. Let’s take a look at 3 stocks to consider buying if you want exposure to the AI revolution. Read the Full Story |
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The Early Bird Stock Of The Day SenesTech, Inc. develops a technology for managing animal pest populations through fertility control. It offers ContraPest, a liquid bait that limits reproduction of male and female rats. The company was incorporated in 2004 and is headquartered in Phoenix, Arizona. | View Today's Stock Pick |
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