Good MorningFriday’s jobs report can’t get here soon enough for investors. A substantially weaker-than-expected ADP employment report sent equities broadly lower on Wednesday. The tech-heavy NASDAQ index managed a slight gain. However, the Dow and the S&P 500 both finished solidly in the red.
Investors were already concerned about how the Delta variant would impact the reopening. The early read on private-sector payrolls shows that the worker shortage may be worse than expected.
General Motors added to the sour mood by reporting continued disruption from the global chip shortage that shows no immediate sign of easing.
Investors looking for a bright side can look at Robinhood that soared over 50% for the day. After a lackluster debut in late July, the company known for its namesake trading app has become the new meme stock. Retail investors, along with fund manager Cathie Wood, made HOOD stock a bright spot on an otherwise gloomy day.
Featured: This “Penny Stock” Could Soar By Tomorrow (Darwin) 
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Markets | | | Every time earnings season rolls around, it’s always a good idea to pay attention to the FAANG stocks and how they perform both before and after their quarterly numbers are released. Not only are these some of the most innovative and fundamentally sound companies in the world, but they also ma... Read the Full Story |
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Markets | | | Worldwide vehicle parts manufacturer Magna International (NYSE: MGA) stock has been selling off as the electric vehicle (EV) momentum has been cooling off. However, Magna is emerging as the go-to manufacturer for some of the most popular EV makers like Fisker (NYSE: FSR). The Company is already a su... Read the Full Story |
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Stocks | | | Several software stocks are showing relative strength at this time and could be poised to outperform in this quarter and beyond. That’s why we’ve created a brief overview of 3 attractive names in the sector to buy now. Read the Full Story |
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Markets | | | A New York-based real estate investment firm will emerge as the largest landholder on the Las Vegas Strip under a $17.2 billion property deal between landholding affiliates of casino giants Caesars Entertainment and MGM Resorts International Read the Full Story |
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Tech | | | President Joe Biden wants to erase Donald Trump's rollback of automobile pollution and fuel economy standards.
He proposed new rules Thursday and unveiled a nonbinding deal with most automakers to have electric, plug-in hybrid or hydrogen-electric vehicles make up half of their U.S. s... Read the Full Story |
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Politics | | | A thick, white band of newly exposed rock face stretches high above boaters’ heads at Lake Powell, creating a sharp contrast against the famous red desert terrain as their vessels weave through tight canyons that were once underwater.
It's a stark reminder of how far the water level h... Read the Full Story |
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Politics | | | Declaring the U.S. must “move fast” to win the world's carmaking future, President Joe Biden on Thursday announced a commitment from the auto industry to produce electric vehicles for as much as half of U.S. sales by the end of the decade.
Biden also wants automakers to raise gas mile... Read the Full Story |
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Politics | | | Declaring the U.S. must “move fast” to win the carmaking future, President Joe Biden on Thursday touted a commitment from the auto industry to make electric vehicles up to half of U.S. sales by the end of the decade.
Biden wants automakers to raise gas mileage and cut tailpipe polluti... Read the Full Story |
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Markets | | | Nevada-based rare earth miner MP Materials (NYSE: MP) stock has been rebounding with the rise of rare earths materials pricing. The largest operating U.S. miner of rare earth oxides (REO) in the western hemisphere is a pure-play on electric vehicles (EV) and sustainable energy as its magnets supply ... Read the Full Story |
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You know the recipe for becoming a millionaire — invest early and consistently. Make savings a priority.
But there's more to a millionaire mindset than doggedly saving over time. You might have already read about the millionaire mindset and tried to emulate it. It doesn't hurt to... Read the Full Story |
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The Early Bird Stock Of The Day Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. It provides beer primarily under the Corona Extra, Corona Premier, Corona Familiar, Corona Light, Corona Refresca, Corona Hard Seltzer, Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands. The company offers wine under the 7 Moons, Cook's California Champagne, Cooper & Thief, Crafters Union, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, The Dreaming Tree, Charles Smith, The Prisoner Wine Company, Robert Mondavi, My Favorite Neighbor, and Schrader; and spirits under the Casa Noble, Copper & Kings, High West, Mi CAMPO, Nelson's Green Brier, and SVEDKA brands. It provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Victor, New York. | | View Today's Stock Pick |
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