Good MorningEquities rallied again on Tuesday and broke some key technical levels but the breakout may already be over. Reports from key names in tech like Google parent Alphabet and Microsoft may cap gains in Wednesday's session. Both companies showed some weaknesses that could easily carry into the rest of the sector and the economy at large. If this trend continues the S&P 500 will most likely reverse course over the next few days.
The next big test for the market will be on Friday with the release of the PCE price index. The index is expected to moderate on a month-to-month basis but could easily come in hot. Word from companies like Kraft Heinz and General Mills suggests consumer-level inflation is still on the rise and could remain hot well into 2023. If the PCE spooks the market it could add downward pressure to stocks and the next FOMC meeting is just one week away. Featured: What's the Best Way to Lower RMD Taxes? (Ad) 
|
Materials | | Looking for information on PPG Industries Inc. and its dividend payment, including the answers to "What is PPG?" and "What is PPG paint?" You’ve come to the right place. By the time you reach the end of this article, you will have a deep understanding of PPG stock. PPG Industries Inc. is a D... Read the Full Story |
|
From Our Partners | | SpaceX shed nearly 1 trillion dollars in market value within two weeks of its June IPO. It is not alone: Cerebras fell 42 percent in six weeks, Uber dropped 40 percent in six months, and Robinhood collapsed 85 percent in five months.
The pattern is consistent. Buying IPO hype on day one has repeatedly cost investors, while early access before a company goes public has been the more reliable path.
One analyst has identified a major AI company preparing for its IPO and a way to get positioned early. | | Click here to see the pre-IPO opportunity now |
|
Healthcare | |
If you are wondering if this is the bottom for Canopy Growth Corporation (NASDAQ: CGC) join the club. Investors have been asking themselves that for the last three years and, to be honest, the market could fall further. If you are wondering why Canopy Growth Company shares shot up more than 26% an... Read the Full Story |
|
Industrials | | Any time an industry is home to top-performing stocks, there’s always opportunity among companies that operate in industries related to the industry’s big names. Array Technologies (NASDAQ: ARRY) makes the ground-mounting systems used in solar energy installations.
Sure, solar companie... Read the Full Story |
|
From Our Partners | | For 50 years, Washington has held 8,133 tonnes of gold on its books at a fraction of today's market price. One executive order could change that — potentially triggering the largest wealth transfer into gold in modern American history.
The last time the U.S. faced this combination of inflation, debt, and monetary pressure, gold climbed 2,300% in the 1970s. Reagan Gold Group's free 2026 Gold Guide breaks down what investors need to know now. | | Get your free 2026 Gold Guide before the next policy shift |
|
Finance | |
If stocks were Olympic athletes, Comerica Incorporated (NYSE: CMA) would represent Team USA in the sport of banking. Approximately every four years, the Dallas-based regional bank seems to make a nice run and then regroups for the next heat.
Its arch nemesis isn’t J.P. Morgan or Charles Sc... Read the Full Story |
|
Technology | | Video game engine creator Unity Software (NYSE: U) stock has joined Chinese electric vehicle (EV) maker XPeng (NASDAQ: XPENG) and artificial intelligence (AI) powered lending platform Upstart Holdings (NASDAQ: UPST) in the 80% club. These are stocks that have fallen -80% or more from their highs. Th... Read the Full Story |
|
From Our Partners | | Elon Musk, Peter Thiel, and Sam Altman are backing a new AI use case discovered at MIT that has already identified potential treatments for dangerous diseases.
McKinsey estimates this technology could be 500 times bigger than ChatGPT, while Nature projects it could add $367 trillion to the global economy. | | See which stocks could benefit as Medical AI expands nationwide |
|
Markets | | Enterprise software specialist Aspen Technology (NASDAQ: AZPN) has formed a potentially bullish pennant pattern as it pulls back slightly from its October 6 high of $263.59.
Its weekly chart shows a trend of higher lows and lower highs over the past few weeks, ahead of the company’s fiscal f... Read the Full Story |
|
Consumer Discretionary | |
If you are wondering why Mullen Automotive (NASDAQ: MULN) continues to rocket higher there are 3 good reasons that start with good news, more good news, and an incredibly bullish chart. The good news begins with the company’s acquisition of Electric Last Mile Solutions which closed last week... Read the Full Story |
|
Materials | | Wall Street has high expectations for lithium miners, including S&P 500 component Albemarle (NYSE: ALB), which reports its third quarter on November 2 after the bell.
The stock is up 19.86% in the past three months, and up 16.01% year-to-date. It also rallied a whopping 13.70% in the past week.... Read the Full Story |
|
Energy | |
Few stocks have performed as well as Cheniere Energy, Inc. (NYSE: LNG) over the last couple of years. The liquid natural gas (LNG) leader is up more than 400% from its March 2020 low…and doesn’t appear to be losing any steam.
As the major indices head south, Cheniere is setting fres... Read the Full Story |
|
Industrials | | Major airline carrier American Airlines Group (NASDAQ: AAL) has returned to profitability with record third-quarter revenues surpassing 2019 pre-pandemic levels. The whole airline industry has been recovering as evidenced by the earnings releases from Delta Air Lines (NYSE: DAL), Southwest Airlines ... Read the Full Story |
|
Wednesday's Early Bird Stock Of The Day GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts. | | View Today's Stock Pick |
|
