Good MorningThe rebound in equities continued on Wednesday but this is still not a buyable bottom for stocks. The move came despite some hawkish commentary from Fed Chief Jerome Powell who says the committee is committed to taming inflation. In his view, price stability is of the utmost importance to the economy which should be translated as "aggressive interest rate hikes are on the way". The scariest part of the commentary was his opinion a recession was possible. Given the lagging nature of the Fed's stance, we take this to mean a recession is already underway and it may be a bad one.
Thursday could be a wild ride for the market. Comments are due from at least four Fed members and any one of them could up the stakes for the economy. As it stands now, the odds of a recession are very high, the only question is how long deep will it be and how long will it last? Featured: The A.I. Gold Rush Starts Now (Ad) 
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If there’s one silver lining about the bear market, it’s that income investors have higher dividend yields at their disposal.
While it’s hard to know if this week’s stock rebound will endure, we do know that many stocks remain significantly discounted. And that those that ... Read the Full Story |
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From Our Partners | | 2025 is off to a turbulent start—markets are swinging wildly, inflation pressures remain high, and recession fears are creeping back into headlines.
But even in uncertain times, innovation doesn’t slow down.
In fact, artificial intelligence (AI) is accelerating faster than ever—creating new profit opportunities while the broader market struggles.
Our latest research reveals two AI stocks trading under $15 that could thrive even as volatility grows. These under-the-radar companies are positioned to ride the next wave of AI-driven demand—and they’re still flying below most investors’ radar. | | 👉[Click here to access your FREE AI stocks report now.] |
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Politics | | | Stocks are opening lower on Wall Street as sharp drops in crude oil prices pull energy companies lower. Big technology stocks were also lower, but major indexes were still holding on to gains for the week. The S&P 500 was down 0.9% and the tech-heavy Nasdaq fell 0.7%. The Dow Jones Industrial Av... Read the Full Story |
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Markets | | | Korn Ferry (NYSE: KFY) is living proof that labor trends are strong and supported by robust tailwinds. The company’s positioning as an outsourcing/consulting/hiring firm has it well-positioned to benefit from these trends. Read the Full Story |
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Politics | | | President Joe Biden on Wednesday will call on Congress to suspend federal gasoline and diesel taxes for three months — an election year move meant to ease financial pressures that was greeted with doubts by many lawmakers.
The Democratic president will also call on states to suspend t... Read the Full Story |
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Markets | | | While the benchmark S&P 500 index has fallen as much as 13% since this time last month, shares of discount retailer Dollar General (NYSE: DG) have jumped 30%. So while many on Wall Street might never have shopped there, you can be sure they are sitting up, taking notice and starting to consider a position now. Read the Full Story |
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Politics | | | An American executive who resigned from Toyota after being arrested in Japan in 2015 on suspicion of drug law violations is back at the Japanese automaker, the company said Thursday.
Julie Hamp has been hired by Toyota Motor Corp.'s North American operations to support its chief execu... Read the Full Story |
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Politics | | | A Houston dredging company has been ordered to pay a $1 million fine for an oil spill that occurred when a subcontractor cut through a pipeline during Louisiana barrier island restoration work in 2016 Read the Full Story |
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Politics | | | Sri Lanka's debt-laden economy has “collapsed” after months of shortages of food, fuel and electricity, its prime minister told lawmakers Wednesday, in comments underscoring the country's dire situation as it seeks help from international lenders.
Prime Minister Ranil Wickremesinghe ... Read the Full Story |
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Markets | | | Specialty women’s intimate apparel retailer Victoria’s Secret (NYSE: VSCO) stock has cratered (-44%) in this year’s bear market. The Company was spun-off from the Limited Brands in 2021 with 1,400 retail locations under the Victoria’s Secret and PINK brands. The Company beat ... Read the Full Story |
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Markets | | | Amusement park operator Six Flags (NYSE: SIX) stock has been trounced down (-49%) on the year. Business was severely impacted from the pandemic as an epicenter industry that experienced long periods of shutdowns. The reopening and elimination of social distancing mandates have enabled the Company to... Read the Full Story |
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Thursday's Early Bird Stock Of The Day VNET Group, Inc., an investment holding company, provides hosting and related services in China. It offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services; cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN Services that extend customers' private networks by setting up connections through the public internet. The company also provides server administration services, such as operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1999 and is headquartered in Beijing, the People's Republic of China. | | View Today's Stock Pick |
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