Does the NVIDIA Rally Have More Gas Left in the Tank?. AB InBev Beats Revenue Views, But Shares Down On Inflation Challenges. After Another Sweet Earnings Report, Hershey’s Has a High Bar to Clear .
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The Early Bird Newsletter

Friday, July 30th

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Good Morning

The markets continued the glass half-full narrative that continues to lift equities. All the major indexes finished the day in positive territory. The best news came from the Dow and S&P 500 which surged to all-time highs.

This was despite a GDP report that showed the U.S. economy grew at an annual rate of 6.5%, below the 8.5% that analysts had forecast. However, for now, investors are putting more weight on robust consumer spending and business investment and less emphasis on the decrease in inventories which points to continued weakness in the global supply chain.

In other news, Amazon missed on revenue and saw its stock drop 5% in after-hours trading. Investors will look to see if there’s an “Amazon effect” when markets open on Friday.
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Markets

Does the NVIDIA Rally Have More Gas Left in the Tank?

NVIDIA (NASDAQ: NVDA) has certainly been one of the market leaders in recent years when it comes to chip stocks. It’s the type of company involved in some of the most exciting and innovative industries globally, and with a global semiconductor shortage boosting demand for NVIDIA’s products

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From Our Partners

Todos Medical May Soon Dominate in Virus Testing

Testing for diseases like Cancer and Alzheimer's as well as deadly viruses is vital for saving lives. Todos Medical focuses on all three with innovative solutions that may capture global attention!

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Markets

AB InBev Beats Revenue Views, But Shares Down On Inflation Challenges

Anheuser-Busch InBev (NYSE: BUD) gapped lower Thursday evan as second-quarter sales topped views. Investors were in no mood for celebration as the company said inflationary challenges would put the squeeze on full-year profit.

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Markets

After Another Sweet Earnings Report, Hershey’s Has a High Bar to Clear

Hershey’s (NYSE:HSY) delivered another solid quarter of earnings on July 29. That is pushing HSY stock back to its all-time high set earlier in July. At this point, it’s likely that the stock will accomplish the milestone. However, it’s also likely that, in terms of sto...

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From Our Partners

Todos Medical May Pioneer in Early Cancer Detection

Small cap biotech company Todos Medical is poised to capture wide attention with its comprehensive solutions for cancer screening. Revenues are exploding and the company is now in full growth mode!

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Markets

World shares lower after Wall St rebound on US growth data

World shares and U.S. futures were mostly lower Friday despite a flurry of reports showing economic recoveries from the pandemic gained pace in the last quarter. The zone of countries using the euro saw its GDP jump 13.7% from a year earlier in the April-June quarter, according to a ...

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Markets

Asian shares lower after Wall St rebound on US growth data

Asian shares and U.S. futures were mostly lower Friday after stocks pushed broadly higher on Wall Street. Japan reported relatively strong economic data for the previous quarter, before the government began tightening coronavirus restrictions as cases surged. “Retail ...

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From Our Partners

To Any American Who Owns a Cell Phone

If you own a cell phone, then mobile service providers hope you never get to see this video that could soon go viral. It was shot in downtown Denver by a multi-millionaire, who exposed sensitive truths about mobile phones and 5G.

His experiment could strike a bad chord with mobile phone companies. But you’ve got to see what this man discovered and what it means for phone users in the weeks ahead.

Click here to see this video
Politics

Biden orders tough new vaccination rules for federal workers

President Joe Biden has announced sweeping new pandemic requirements aimed at boosting vaccination rates for millions of federal workers and contractors as he lamented the “American tragedy” of rising-yet-preventable deaths among the unvaccinated. Federal workers will be required to s...

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Politics

Air France-KLM reports huge Q2 loss, sees signs of recovery

French-Dutch airline group Air France-KLM said Friday that the “first signs of recovery are visible” in bookings amid easing pandemic travel restrictions as it reported a second-quarter net loss of nearly 1.5 billion euros ($1.8 billion). Air France-KLM's fleet of planes carried just ...

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Politics

German economy rebounds in 2nd quarter but short of forecast

Germany's economy grew by 1.5% in the second quarter compared with the previous three-month period, picking up after a sharp first-quarter fall but less strongly than expected. The figure released Friday by the Federal Statistical Office fell short of the 2% gain economists had foreca...

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Markets

Facebook (NASDAQ: FB) Earnings: A Tale Of Two Cities

The much-awaited Q2 earnings of Facebook (NASDAQ: FB) hit the wire shortly after the bell rang to end Wednesday’s session. With shares of the social media giant have hit fresh all-time highs in the run-up to the release,

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Markets

High Earners, Are You Sabotaging Your Wealth? Here's How You Might Be

When you've amassed $1 million or more or earn a high income, you might get to a place where you feel… comfortable. You might even think, "I deserve X because I've worked hard." Or, worse: "The same money rules don't apply to me like they do for everyone else." That can result in some dang...

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The Early Bird Stock Of The Day

Welltower Inc.

Welltower Inc.

Welltower, Inc. engages in the provision of health care infrastructure and investment of seniors housing operators, post-acute providers, and health systems. It operates through the following segments: Seniors Housing Operating, Triple-net, and Outpatient Medical. The Seniors Housing Operating segment includes the seniors housing communities. The Triple-net segment offers long-term/post-acute care facilities, assisted living facilities, independent living/continuing care retirement communities, care homes (United Kingdom), independent support living facilities (Canada), care homes with nursing (United Kingdom), and combinations thereof. The Outpatient Medical segment provides outpatient medical buildings. The company was founded by Bruce G. Thompson and Fritz Wolfe in 1970 and is headquartered in Toledo, OH.

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