Good MorningEquities resumed their decline on Tuesday after results from Snap and the New Home Sales data amplified fears of a recession. Snap, a fast-growing social media company, shocked the market with its results and weak outlook while the New Home Sales shows a sharp contraction in housing activity. The contraction in housing activity is directly related to skyrocketing prices and rising interest rates that have many would-be homeowners sitting on the sidelines if not already priced out of the market. If this month's data turns into a trend it could mean a recession is already happening.
Today's big news will be the FOMC minutes. The minutes are expected to shed light on the Fed's stance on inflation and it is hawkish. Inflation is rising at record rates and the Fed's job is taming it. The next data comes out on Friday and may put added pressure on the Fed. If, however, the PCE shows signs of peaking or receding the equity market will probably rally in response. Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
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Energy | |
Interest rates are moving higher yet remain historically low.
Persistent inflation and Fed action pushed the 10-year Treasury note yield above 3% earlier this month before it settled back down to the current 2.8%. Going way back to 1912, the benchmark 10-year has averaged just over 5%.
There a... Read the Full Story |
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From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
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Consumer Discretionary | |
Be Choosy When Buying Retail Stocks
Retail, especially apparel, is one of the hardest sectors to invest in because it can be, in many cases, among the hardest industries to profit in and that is increasingly true in the post-pandemic environment. While Abercrombie & Fitch (NYSE: ANF) has the... Read the Full Story |
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Technology | |
Next-generation Autotech semiconductor and software solutions provider Indie Semiconductor (NASDAQ: INDI) stock has fallen over (-60%) off its highs during the tech bear market. The Autotech winner continues to build a strong backlog transcending $2.68 billion. The global supply chain disruption l... Read the Full Story |
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From Our Partners | | See the Signals Most Traders Miss
We monitor subtle shifts in order flow, volume patterns, and early trend behavior.
Stock News Trends highlights moves long before they hit mainstream screens. | | Join Free — Start Tracking Early Market Data |
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Markets | |
Gym operator Planet Fitness (NASDAQ: PLNT) stock is in its own bear market trading down (-29%) for the year. The epicenter fitness gym industry has seen a rebound in business with the acceleration of COVID vaccines and boosters. Planet Fitness members grew to all-time highs of 16.21 million member... Read the Full Story |
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Consumer Staples | | With the stock market lacking offensive firepower this year, it has been a good time to be on the defensive—as in defensive sectors.
Soaring oil prices have jettisoned the energy sector to the front of the pack in 2022 but other non-cyclical groups have fared relatively well too. The utility... Read the Full Story |
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From Our Partners | | With OpenAI and Anthropic moving closer to the IPO spotlight, AI excitement could spill into several public-market sectors this summer - and most investors may chase the obvious names too late.
A free report identifies 7 stocks positioned around themes that could matter most this summer: AI infrastructure, energy demand, travel, entertainment, home improvement, and more. Built for a market where leadership may rotate quickly. | | Download 7 Best Stocks to Own in Summer 2026 for free |
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Technology | |
The Zoom Video Communications Selloff Is Overextended
Shares of Zoom Video Communication (NASDAQ: ZM) have done little more than move lower since hitting the pandemic peak way back in 2020 but the selling may be over. The stock is finally trading at a more reasonable if still above-the-market-av... Read the Full Story |
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Retail/Wholesale | |
Institutions See Value In Petco Health and Wellness Company
The price action in Petco Health and Wellness Company (NASDAQ: WOOF) has been ratcheting lower ever since the IPO two years ago. The takeaway, however, is that institutional activity has been net bullish the entire time and the activity... Read the Full Story |
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Medical | |
Veeva Systems (NYSE: VEEV) is a highly capitalized growth stock that many investors haven’t heard about, despite its ubiquitous presence in the life sciences industry. Some of the company’s operating segments include data & analytics, clinical, R&D, and regulatory control softw... Read the Full Story |
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Retail/Wholesale | |
Free cash flow and an attractive valuation make WSM stock an attractive option
In a real-world example of the phrase “misery loves company,” Williams-Sonoma (NYSE: WSM) stock has fallen 15% since May 17. The reason isn’t that the retailer of premium home furnishings has issued ... Read the Full Story |
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Retail/Wholesale | |
Autozone Is The Better Choice, And A Better Buy
With the average age of U.S. cars on the road reaching new highs, it is no surprise that auto parts dealers are doing well. While both Advance Autoparts (NYSE: AAP) and Autozone (NYSE: AZO) put in strong quarters, the results make it clear which is... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia. It operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; 4.3 million gas and electricity connections; and a global fleet of approximately 7 million twenty-foot equivalent units (TEUs) intermodal containers under long-term contracts. The company was incorporated in 2019 and is headquartered in New York, New York. Brookfield Infrastructure Corporation operates as a subsidiary of Brookfield Infrastructure Partners L.P. | | View Today's Stock Pick |
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