Good MorningEquities tried to rebound for a second day on Wednesday with the S&P 500 gaining a little more than 0.35% at the height of the session. The move comes despite a much weaker than expected report from Netflix that points to a major change at the world's largest video streamer. Netflix will not only begin cracking down on password sharing but is also considering the launch of a lower-priced ad-supported model that is contrary to the original concept. Shares of Netflix fell more than 35% on the news and may head lower. The news also sapped sentiment for tech in general and sparked a near-1% decline in the NASDAQ 100.
Thursday's trading will be impacted by reports from Tesla, Alcoa, and AT&T. The market will be looking for signs of organic growth above the consensus figures and margin health as well, if either are missing this market could reverse course once again and move back below the 30-day EMA. Regardless, volatility remains elevated and will lead to extreme day-to-day market action driven by the latest headlines. Featured: New Report: Top 5 Inflation Hedges (Navellier) 
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These Stocks Could Be Smart Post-Earnings Plays
Quarterly earnings reports are very important for a number of reasons. They can help investors gain valuable insight into the state of a company’s business and provide information about whether or not the company is performing well. They also ... Read the Full Story |
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Politics | | | Japan has enacted a law formally revoking Russia's “most favored nation” trade status over its invasion of Ukraine, as Tokyo steps up sanctions amid revelations of Russian military atrocities against civilians Read the Full Story |
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Markets | | | Stock indexes ended mixed on Wall Street Wednesday after another bumpy day of trading, while Netflix lost more than a third of its value after reporting its first subscriber loss in more than a decade and predicting more grim times ahead Read the Full Story |
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Markets | | | Investors have several ways to invest in companies that have significant exposure to 5G, from service providers to equipment makers to materials specialists. These three stocks each represent unique ways to connect to the 5G revolution. Read the Full Story |
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These Iconic Low-Beta Stocks Could Continue to Outperform
While going into riskier areas of the market can be exciting and lucrative when the market is moving to the upside, volatility can subject your portfolio to massive drawdowns. That’s why it always makes sense to include at least a fe... Read the Full Story |
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Politics | | | Stocks edged mostly higher in afternoon trading on Wall Street Wednesday but were held back by streaming entertainment giant Netflix, which lost lost more than a third of its value after reporting its first subscriber loss in more than a decade and predicting more grim times ahead Read the Full Story |
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Markets | | | Buy now and pay later purchase financing provider Affirm (NASDAQ: AFRM) stock has been on catastrophic sell-off since peaking out at $176.65 on Nov. 8, 2021. The popular buy-now-pay-later (BNPL) platform was hit by a perfect storm consisting of the macro market sell-off, regulatory scrutiny, and a c... Read the Full Story |
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Tech | | | Elon Musk’s lawyer says a federal judge would trample on the Tesla CEO’s free speech rights if he ordered Musk to stop talking about 2018 tweets saying he had the funding to make Tesla a private company Read the Full Story |
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Markets | | | Google (NASDAQ: GOOG), despite the rangebound nature of trading in 2022, is one of the most heavily upgraded stocks coming into the Q1 earnings season. The company has received at least 12 major upgrades and/or price target increases in the time since the last earnings report and it received quite a few immediately after that event as well. Read the Full Story |
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Politics | | | Treasury Secretary Janet Yellen and Ukraine's Finance Minister Serhiy Marchenko walked out of a Group of 20 meeting Wednesday as Russia's representative started talking.
Several finance ministers and central bank governors also left the room, according an official familiar with the me... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Silvergate Capital Corporation operates as a bank holding company for Silvergate Bank that provides banking products and services to business and individual clients in the United States. The company accepts deposit products, including interest and noninterest bearing demand accounts, money market and savings accounts, and certificates of deposit accounts. Its loan products comprise one-to-four family real estate loans, multi-family real estate loans, commercial real estate loans, construction loans, commercial and industrial loans, mortgage warehouse loans, and reverse mortgage loans, as well as consumer loans and other loans secured by personal property. The company also provides cash management services for digital currency-related businesses. Silvergate Capital Corporation was founded in 1988 and is headquartered in La Jolla, California. | | View Today's Stock Pick |
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