Good MorningAll the major indexes were down on Tuesday. This broke a string of three days that each index closed at an all-time high.
One reason for the drop could be growing pessimism surrounding the infrastructure bill that is held up in Congress. Investors are also waiting for the Federal Reserve which finished the first day of its two-day meeting this week. Markets are likely to be volatile prior to Chairman Jerome Powell’s remarks which he will deliver on Wednesday afternoon.
On a more optimistic note, investors may have left a little room for a move forward in anticipation of a raft of strong earnings. Alphabet, Apple, and Microsoft all reported strong earnings after the market closed on Tuesday. This will likely send the tech sector higher in after-hours and pre-market trading.
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Stocks | | | Many investors use 52 week highs as a factor in determining a stock's current value and as a predictor of future price movements. With that in mind, here are the top 10 stocks that have reached a new 52-week high as tracked by the MarketBeat stock screener as of July 26, 2021: Read the Full Story |
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Tech | | | Foreign shareholders in China’s tech companies are learning what its entrepreneurs have long known: The ruling Communist Party’s decisions about what is good for the economy can hurt your business.
The stock prices of internet giants Tencent and Alibaba and ride-hailing service Didi t... Read the Full Story |
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Markets | | | Asian stock markets declined Wednesday after Wall Street pulled back from a record as investors awaited a Federal Reserve report for signs of when U.S. stimulus might be withdrawn.
Investors also were uncertain how much farther China will go with a regulatory crackdown that set off a ... Read the Full Story |
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Tech | | | A slide in technology and consumer-oriented companies helped pull stocks lower on Wall Street Tuesday, dragging the major indexes below the record highs they set a day earlier.
The S&P 500 fell 0.5%, snapping a five-day winning streak. The selling was most pronounced in technolog... Read the Full Story |
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Markets | | | Whether it's undervalued automakers, auto dealers thriving amidst heavy demand, or disruptive companies that could change the industry for the better, there’s something for every investor to explore at this time. Let’s take a look at the top 3 car stocks to buy now. Read the Full Story |
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Markets | | | Iconic clothing brand Levi Strauss & Co. (NYSE: LEVI) stock is performing strong during the reopening phase post-pandemic. The Company has clearly emerged from the pandemic as a stronger and more e-commerce oriented organization. The acceleration of COVID vaccinations should continue to build mo... Read the Full Story |
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Tech | | | Three tech companies — Apple, Microsoft and Google owner Alphabet — reported combined profits of more than $50 billion in the April-June quarter, underscoring their unparalleled influence and success at reshaping the way we live Read the Full Story |
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Tech | | | Nissan has reported a 114.5 billion yen profit for the April-June quarter, a reversal from a 285.6 billion yen loss the previous year, as its sales and profitability improved, especially in the U.S. market Read the Full Story |
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Stocks | | | Pfizer and Moderna are expected to post strong numbers this earnings season. But when looking to invest in either company, risk-tolerant investors can point to the potential upside of MRNA stock, and risk-averse investors can bank on the solid floor of PFE stock. Read the Full Story |
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Markets | | | Shares of United Parcel Service (NYSE: UPS) gapped down Tuesday morning after the company reported second-quarter results that beat on both the top- and bottom lines. The move lower followed an uptick in pre-market trade, but as investors dug into the report, they found some things not to their liking. In particular, revenue for the U.S. business segment failed to meet forecasts. Read the Full Story |
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The Early Bird Stock Of The Day The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses various fuels and technologies to generate electricity, such as coal, gas, hydro, wind, solar, and biomass, as well as renewables comprising energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 34,596 megawatts and distributes power to 2.6 million customers. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia. | | View Today's Stock Pick |
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