Good MorningThe earnings-driven rebound continued on Wednesday with all of the major indices moving up more than 0.5%. The Blue Chip Dow Jones Industrial Average led the day on strength in shares of Coca-Cola. The global beverage giant reported better than expected earnings and guided the market higher driving to stock up more than 3% at the high of the day.
Thursday's action may see a continuation of this trend due to reports released after the bell on Wednesday and before the open on Thursday. Among them is consumer products giant Whirlpool who is expected to report robust year-over-year gains and another increase to an already ballooning backlog. The risk for Whirlpool, and the market, is that systemic shortages of raw materials and shipping capacity may cut into the top and bottom-line results.
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Markets | | | Investors shouldn't expect Nucor to continue to deliver 120% year-over-year growth. But as a stock to anchor their portfolio, they could do worse than NUE stock which provides consistent growth and a rock-solid dividend. Read the Full Story |
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Markets | | | Johnson & Johnson’s second-quarter profit soared 73%, thanks to strong sales growth, particularly in its medical device and diagnostics segment, as hospitals and the health care industry as a whole continue recovering from the coronavirus pandemic Read the Full Story |
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Markets | | | Coca-Cola Co.'s sales rebounded faster than expected as the impact of the pandemic abated.
The Atlanta-based soft drink giant said its revenue jumped 42% to $10.1 billion in the April-June period. That was well ahead of the $9.3 billion in sales that Wall Street had forecast, accordin... Read the Full Story |
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Markets | | | Several companies that just delivered strong earnings results are certainly worth adding to your watch list going forward, which is why we’ve prepared a brief overview of a few standouts below. Let’s take a look at 3 post-earnings plays to buy now. Read the Full Story |
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Politics | | | Pacific Gas & Electric plans to bury 10,000 miles of its power lines in an effort to prevent its fraying grid from sparking wildfires when electrical equipment collides with millions of trees and other vegetation Read the Full Story |
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From Our Partners | | It’s Crypto Week at the White House — and the sector is moving from fringe to full-scale adoption.
With Bitcoin hitting $123,000 and giants like BlackRock and Fidelity pouring in, one expert believes a lesser-known coin could soon be vaulted to the top — possibly even landing in the government’s digital reserve. | | See the coin positioned to win from Washington’s crypto push |
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Politics | | | Pacific Gas & Electric plans to bury 10,000 miles of its power lines in an effort to prevent its fraying grid from sparking wildfires when electrical equipment collides with millions of trees and other vegetation Read the Full Story |
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Stocks | | | Long-term care and mortgage Insurer Genworth Financial (NYSE: GNW) stock has been in a sharp downtrend along with the rest of the peers stocks in the mortgage insurance sector. The U.S. mortgage insurance business division named Enact was originally scheduled to IPO in the $22 to $24 price range but... Read the Full Story |
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Politics | | | As a $26 billion settlement over the toll of opioids looms, some public health experts are citing the 1998 agreement with tobacco companies as a cautionary tale of runaway government spending and missed opportunities for saving more lives.
Mere fractions of the $200 billion-plus tobac... Read the Full Story |
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Markets | | | Knight-Swift Transportation (NYSE: KNX) is one of the nation's largest trucking outfits and one bent on growth. The company has been actively acquiring businesses across the country for the past few years and that can be seen in the revenue. Read the Full Story |
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Markets | | |
You've probably gotten a tuition bill from your child's college or university at this point if they will return to college in the fall.
First-time college-bound families may look at this daunting bill as a major you may wonder what strategic moves you can make, tax-wise, when opening your c... Read the Full Story |
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The Early Bird Stock Of The Day International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment focuses on skills integration for strategy, experience, technology, and operations by domain and industry. The Infrastructure segment provides on-premises and cloud based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. The Financing segment offers client and commercial financing, facilitates IBM clients' acquisition of hardware, software, and services. The company has a strategic partnership to various companies including hyperscalers, service providers, global system integrators, and software and hardware vendors that includes Adobe, Amazon Web services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York. | | View Today's Stock Pick |
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