Good MorningEquity markets fell on Monday, starting the week on a sour note. The move was driven by continued fear of higher interest rates for longer and concern that this week's labor data will keep the Fed's foot on the brakes. The S&P 500 fell about 0.5% at the session's low, extending the losing streak to a possible 5th week. If the market can't regain traction soon, a test of the 4,150 level is inevitable.
The NFP report is due out on Friday. The report is expected to show steady job creation while wages accelerate and unemployment falls. In this scenario, the FOMC has no reason to let off the brakes and every reason to continue to keep interest rates high. The risk for the market is that a soft economic landing will keep the labor market solid and wages rising, underpinning higher-than-normal inflation keeping interest rates higher for longer. Featured: [BREAKING] Pentagon to Spend Billions on "Living Missile" (Behind the Markets) 
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Drones have made headlines for their key roles in headline events like the Ukraine War. According to Grandview Research, the global drone industry is estimated to grow at a compound annual growth rate (CAGR) of 13.9% in the next seven years, and 9.1% in the U.S. Applications continue to broaden, r... Read the Full Story >> |
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From Our PartnersOn December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares... | | | | Get the name of the stock now... before it's too late |
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Cloudflare Inc. (NYSE: NET) is the world's most connected cloud network, offering a serverless cloud architecture, security and artificial intelligence (AI) on the network edge to thousands of companies and millions of websites. It is a content-delivery-network (CDN) serving and partnering with ... Read the Full Story >> |
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Another week has passed with shares of Meta Platforms (NASDAQ: META) outperforming the overall market, closing the prior week up 0.38% while the overall market was down almost 1%.
META recently made headlines after the company hosted its annual Connect product conference. It has continued t... Read the Full Story >> |
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From Our PartnersTech Startup With Traction: All eyes are on Mode's Pre-IPO Offering as the cutting-edge smartphone innovators continue with a series of impressive raises, likely spurred by Apple's recent $3T valuation.
Mode saw 150x revenue growth from 2019 to 2022, making them one of America's fastest-growing companies thanks to their "EarnPhone," a budget smartphone that's helped consumers earn & save $150M+
Disclosure: Please read the offering circular at invest.modemobile.com. This is a paid advertisement for Mode Mobile's Regulation CF Offering.
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Income investors aren't known for their risk-on attitude or speculative natures, but that doesn't mean there aren't speculations in the income-investment universe. A simple speculation is on distribution growth; in some cases, the opportunity for growth is significant. We're looking at 3 stocks th... Read the Full Story >> |
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Markets | | | South Asia is expected to grow by 5.8% this year, making it the fastest-growing region in the world even as the pace remains below pre-pandemic levels, the World Bank said on Tuesday.The latest South Asia Development Update from the World Bank projected growth in the region to slow slightly to 5.6% ... Read the Full Story >> |
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From Our PartnersThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the "Amazon secret royalty program…"
See how to collect the next payout before the strict cutoff deadline. | | Watch short video now. |
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Markets | | | Shares of debt-laden property developer China Evergrande Group soared Tuesday after they resumed trading in Hong Kong following a suspension last week. By midday, Evergrande’s shares were up nearly 16% after jumping more than 60% early in the session. Evergrande is the world’s most heavily indebted ... Read the Full Story >> |
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Markets | | | Walgreens is embroiled in a legal dispute with interactive display company Cooler Screens over the alleged failure of a technology test involving digital screens on cooler doors. In June, Cooler Screens filed a lawsuit in Illinois Circuit Court for Cook County alleging that Walgreens breached a cont... Read the Full Story >> |
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Markets | | | Federal Reserve officials typically gather many of their insights and observations about the economy from some of the top Ph.D. economists in Washington.On a visit Monday to York, Pennsylvania, Chair Jerome Powell got an earful from a group with a decidedly different perspective: Small-business peop... Read the Full Story >> |
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Markets | | | A Los Angeles resident was arrested last week for allegedly orchestrating a rental scam that netted her over $200,000 from unsuspecting victims, the Los Angeles Times reported.Surong Li, 29, of Irvine, California, allegedly posed as a property manager and entered into lease agreements with renters f... Read the Full Story >> |
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The only thing to be sure of as Q4 2023 begins is uncertainty. It is uncertain if inflation is tame, if the Fed is finished hiking rates, if earnings growth will be as robust as expected, and if the market will move higher or lower. Investors need to be aware of the forces driving the market to be... Read the Full Story >> |
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The Early Bird Stock Of The DayTuesday: Stock Being Upgraded Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories. It offers merchandise, such as sundries, dry groceries, candies, coolers, freezers, deli, liquor, and tobacco; appliances, electronics, health and beauty aids, hardware, garden and patio products, sporting goods, tires, toys and seasonal products, office supplies, automotive care products, postages, tickets, apparel, small appliances, furniture, domestics, housewares, special order kiosks, and jewelry; and meat, produce, service deli, and bakery products. The company also operates gasoline, pharmacies, optical, food courts, hearing-aid centers, and tire installation centers; and offers business delivery, travel, grocery, and various other services online. It also operates e-commerce websites. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington. | | View Today's Stock Pick |
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