Good MorningEquities wobbled on Wednesday and showed some resilience in the face of aggressive FOMC policy action. The FOMC hiked rates by 75 basis points despite a pledge to keep the pace of hikes at 50 basis points per meeting. The move is only the latest in a string of evidence that suggests inflation is out of control. Based on the latest data and talk from the Fed we think it safe to assume there will be another 75 basis point hike in July.
In other news, the pace of retail sales fell by 0.30% in May, worse than expected. The decline is due in large part to rapidly rising prices and the high cost of fuel, neither of which are expected to decline over the summer. The takeaway is that an economic recession is already in the works and investors should expect the worst from the Q2 reporting season. Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
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Markets | |
Website development platform Wix.com (NASDAQ: WIX) stock has seen a dramatic (-64%) sell-off in shares year-to-date losing more than twice the NASDAQ drop. The world’s largest do-it-yourself (DIY) creation and development platform saw much volatility stemming from the falling GDP. However, t... 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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Retail/Wholesale | |
Stock is down over 33% from its high.
Home Depot benefitted from pandemic spending.
Higher interest rates and consumer spending may force the stock down further.
Store count 2316 with a total of 240 million in square footage.
Home Depot (NYSE: HD) is down significantly from its 52-week hig... Read the Full Story |
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Technology | |
Blink Charging To Acquire SemaConnect For $200 Million
Blink Charging (NASDAQ: BLNK) just announced a deal to acquire SemaConnect for $200 million. This deal is a game-changing move for the company as it not only adds roughly 30% more charging stations to the network, it adds another 150,000 EV ... 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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Energy | |
Insider Sales At Chevron Are Nothing To Worry About
The insiders have been shedding shares of Chevron (NYSE: CVX) since Q4 of 2021 and their activity is gaining momentum. This might be a red flag if not for the fact insiders only own about 0.31% of the company, shares of CVX are trading at the h... Read the Full Story |
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Markets | |
Retail Isn’t Dead, It’s Just Hurting
The retail sector has had a hard time of it the last few months but now there are some opportunities emerging. Companies like Skechers (NYSE: SKX) and G-III Apparel (NASDAQ: GIII) corrected more than 35% on mounting fears of narrowing margins and ... 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 | |
RF Industries Rockets Higher On New Orders
RF Industries (NASDAQ: RFIL) has been a sleeper play on 5G for some time but that play is waking up. The company just announced a new order from a new client they describe as a “North American Wireless Carrier” whose working on building out ... Read the Full Story |
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Consumer Staples | |
Procter & Gamble Stock Continues to Be Resilient Despite Turmoil
-P&G’s products are not very price sensitive.
-The stock is less volatile than the broader market.
-The long-term economics of the company remain intact, making it an attractive stock.
Procter & Gamble (NYSE: PG... Read the Full Story |
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Markets | |
Integrated circuits (IC) developer Analog Devices (NYSE: ADI) stock has only fallen (-11%) during the technology bear market. A slowing economy riddled with supply chain disruption and falling PC demand is a perfect storm for deeper selling in the sector. Demand still remains strong, especially in... Read the Full Story |
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Energy | |
Energy exploration and drilling company Helmerich and Payne (NYSE: HP) stock has been on a strong rally up 112% for 2022. The largest offshore driller in the U.S. is in the boom cycle with a perfect storm breakout for crude oil prices. The supply-demand constraints are expected to continue and pro... Read the Full Story |
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Retail/Wholesale | |
Insiders Sell Tractor Supply Company But Everybody Else Is Buying
If you are worried about recent insider sales at Tractor Supply Company (NASDAQ: TSCO) don’t be. The insiders don’t hold enough of the shares to really matter and everybody else is buying. While insider sales are conce... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | | View Today's Stock Pick |
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