The used car dealership CarMax (NYSE:KMX) disappointed investors with a lemon of an earnings report. The company showed softer revenue than expected. But the headline number was the company’s profit decline. The company reported earnings per share (EPS) of 79 cents, nearly 50% below the aver.... |
Good MorningBearish momentum is building on Wall Street. Wednesday's market rebound was nothing more than a blip on the radar, possibly driven by short-covering, as traders and investors continue to move to cash. The move comes just a day before the fresh read of the PCE price index and put the S&P 500 at a new 22-month low. Assuming the PCE index comes out as expected, the sell-off could easily gain momentum and take the market down to the 3,500 level or lower.
The PCE index is expected to come in at 0.5% MoM and 4.7% YOY, which are both an acceleration from the previous month and a new high for the YOY comparison. The takeaway is the market is expecting the worst, and the data could be hotter than predicted. Regardless, the data is in support of the Hawkish FOMC, so investors should be prepared for at least another 50 basis points of interest rate hikes at the next meeting if not another 75. Featured: This AI fund sends investors payouts every Thursday (Ad) 
| Consumer Discretionary | |
The used car dealership CarMax (NYSE:KMX) disappointed investors with a lemon of an earnings report. The company showed softer revenue than expected. But the headline number was the company’s profit decline. The company reported earnings per share (EPS) of 79 cents, nearly 50% below the aver... Read the Full Story |
| From Our Partners | | Elon Musk quietly filed a document with the federal government tied to artificial intelligence, one of the largest markets in the world.
James Altucher, who previously flagged Nvidia in 2008 and Bitcoin in 2013, says the filing could rival Tesla, SpaceX and xAI combined.
Few investors know this filing exists, but that is expected to change quickly. | | Click here to see details on Elon Musk's newest AI filing |
| Consumer Discretionary | | With the market continuing to hit the skids, despite Wednesday’s bounce higher, dividend-paying stocks like Keurig Dr Pepper (NASDAQ: KDP) may look more and more attractive.
But can it bubble to the top of investors’ watch lists, especially when compared to bigger rivals Coca-Cola (NYS... Read the Full Story |
| Industrials | |
Labor market stocks like Paychex (NASDAQ: PAYX), Automatic Data Processing (NASDAQ: ADP), and even Cintas (NASDAQ: CTAS) have been sustaining growth and outperforming expectations in the face of sketchy economic conditions, and that trend is not ending. The latest reports from Cintas and Paychex s... Read the Full Story |
| From Our Partners | | Elon Musk just called Anthropic the clear leader in AI, admitting its Mythos model surpasses anything he's built.
Anthropic's valuation has doubled since the news, with estimates as high as 3 trillion by IPO day. Google, Amazon, Microsoft, Nvidia and major banks all hold stakes.
Revenue grew 80 times in the first quarter alone, and the IPO could arrive as early as this October. | | See how to get access to this AI IPO before it goes public |
| Consumer Discretionary | |
Lightning has struck so many times for Thor Industries (NYSE: THO) it’s hard to count how many but it has happened once again. The company is still riding a wave of demand sparked by the pandemic and outperforming in all metrics. The only bad news is the evidence of peak RV sales is overwhel... Read the Full Story |
| Consumer Staples | | Investors learned from Target (NYSE: TGT) and Walmart (NYSE: WMT) that consumers are shifting purchases away from discretionary items and toward groceries. One company benefiting from continued spending on food is JM Smucker (NYSE: SJM), famous for making jams and jellies, but also the parent compa... Read the Full Story |
| From Our Partners | | The SpaceX IPO wasn't the big trade - according to Larry Benedict, founder of The Opportunistic Trader, it was the trigger. Benedict, who delivered a 279% return on cash in 2025 across a 20-year winning streak, says the listing launched what he calls the 'Final Phase of Elon's Master Plan.'
He's identified one specific ticker - not SpaceX, Tesla, or any Elon-affiliated company - that he believes could see billions in inflows as this phase unfolds. He calls it his trade of the year. | | Watch the video now to get the ticker name and full trade details |
| Healthcare | | Health insurance and wellness provider Humana (NYSE: HUM) stock has been outperforming the benchmark indexes trading up 4.6% for the year versus (-31%) for the Nasdaq (NYSEARCA: QQQ) and (-16%) for S&P 500 (NYSEARCA: SPY). Healthcare is considered a recession proof business that continues to ris... Read the Full Story |
| Industrials | | Cintas (NASDAQ: CTAS) is down just over 1% the day after it reported strong earnings. On the top line, the company posted revenue of $2.17 billion which was up from the $2.08 billion forecast by analysts. The bottom line number was equally strong. Earnings per share (EPS) came in at $3.39 which was ... Read the Full Story |
| Consumer Discretionary | | Investors everywhere are worried about the future of their portfolios, and for a good reason - there’s a lot of talk about a looming recession. The Fed has hiked interest rates several times this year in a bid to bring down inflation, but the rate increases look set to continue as inflation nu... Read the Full Story |
| Healthcare | | Investors love to learn about companies like Cross Country Healthcare (NASDAQ: CCRN) with a long history of profitability, and revenue growth, and one that’s bucking the market’s downtrend.
The Boca Raton, Florida company provides staffing and outsourcing services for health profession... Read the Full Story |
| Technology | | “This was a solid second quarter for BlackBerry, where we delivered both revenue in line with, and EPS ahead of, expectations,” said John Chen, Executive Chairman & CEO, BlackBerry. “Our IoT business continues to gain market share, and design-phase revenue remained at near-reco... Read the Full Story |
| Friday's Early Bird Stock Of The Day Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications. The company offers grocery and consumables, including dairy, meat, bakery, deli, produce, dry, chilled or frozen packaged foods, alcoholic and nonalcoholic beverages, floral, snack foods, candy, other grocery items, health and beauty aids, paper goods, laundry and home care, baby care, pet supplies, and other consumable items; fuel, tobacco and other categories. It is also involved in the provision of health and wellness products covering pharmacy, optical and hearing services, and over-the-counter drugs and other medical products; and home and apparel including home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, seasonal items, mattresses and tire and battery centers. In addition, the company offers consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Further, it operates digital payment platforms; and offers financial services and related products, including money transfers, bill payments, money orders, check cashing, prepaid access, co-branded credit cards, installment lending, and earned wage access. Additionally, the company markets lines of merchandise under private brands, including Allswell, Athletic Works, Equate, and Free Assembly. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas. | | View Today's Stock Pick |
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