Good MorningEquity markets tried to rebound on Friday, but the action was more mixed than not. Investors are scooping bargains where they find them, but this will not lead to a sustained uptrend. The outlook for earnings continues to deteriorate, and that is a weight the market can not bear. The risk now is not just that S&P 500 stocks will move down to retest 2022's low but might move lower.
Next week will be a market-mover for sure. Not only is it a big week for earnings, but the CPI data is also due. The CPI is expected to show further cooling but, again, not enough to keep the FOMC from hiking interest rates at least 2 or 3 more times. The risk here is that consumer-level inflation will run flat or even accelerate from the previous month and confirm the need for more aggressive action from the Fed. Featured: Elon’s BIGGEST warning yet? (Ad) 
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Enterprise software maker Snowflake Inc. (NYSE: SNOW) has notched a three-month gain of 28.85%, far outpacing the S&P 500’s return of 9.32%. With a market capitalization of $52 billion, Montana-based Snowflake qualifies for S&P 500 membership but hasn’t yet gained admission to ... Read the Full Story |
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From Our Partners | | It’s Crypto Week at the White House — and the sector is moving from fringe to full-scale adoption.
With Bitcoin hitting $123,000 and giants like BlackRock and Fidelity pouring in, one expert believes a lesser-known coin could soon be vaulted to the top — possibly even landing in the government’s digital reserve. | | See the coin positioned to win from Washington’s crypto push |
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Electric vehicle (EV) maker Rivian Automotive Inc. (NASDAQ: RIVN) is racing to ramp up production before the cash runs out. It produces and delivers EVs. It needs to bolster its production since low production on a high line results in more significant losses. The more it can produce to meet the c... Read the Full Story |
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Cloudflare (NASDAQ: NET) still has hurdles to overcome, but the bottom is in for this stock. The price action began showing a bottom in the middle of 2022, confirmed now by the Q4 results and the analyst activity they inspired. Market beat’s analyst tracking tools have picked up 6 new c... Read the Full Story |
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From Our Partners | | Bitcoin just passed Amazon in total market cap — but most investors are missing the bigger opportunity.
While the crowd buys Bitcoin outright, trader Larry Benedict is using a method called “Bitcoin Skimming” to target 6x, 9x, even 22x bigger profits. He reveals how it works in a free video. | | Watch the Bitcoin Skimming strategy here |
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Stocks | | | The toughest week for Wall Street in nearly two months came to a quiet end on Friday, as stock indexes drifted to a mixed finish.
The S&P 500 rose 0.2%, but it still ended the week with a drop of 1.1%, which was its worst since December. The Dow Jones Industrial Average gained 16... Read the Full Story |
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Stocks | | | Stocks drifted to a mostly higher close on Wall Street but still closed out their worst week since December. The S&P 500 rose 0.2% Friday. Weakness in tech stocks pulled the Nasdaq composite down 0.6% while the Dow closed 0.5% higher. Energy companies rose with the price of crude oil. Stocks hav... Read the Full Story |
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From Our Partners | | We’ve got seven great summertime plays for you. These stocks are in a prime position to reward your portfolio… especially if you take action before summer is in full swing!
They cover summer-centric industries such as solar, home improvement, entertainment, travel, and more.
To keep you motivated during these summer months, we’d like to give you a FREE report revealing these companies – 7 Best Stocks to Own in Summer 2025. | | Get Your Copy of "7 Best Stocks to Own in Summer 2025" Here. |
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Stocks | | | Wall Street is drifting on Friday as stocks head toward the close of their worst week since December.
The S&P 500 was 0.1% higher in afternoon trading and on pace for a loss of 1.2% for the week. The Dow Jones Industrial Average was up 140 points, or 0.4%, at 33,840, as of 3:05 p.... Read the Full Story |
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Stocks | | | Wall Street is drifting on Friday as stocks head toward the close of their worst week since December.
The S&P 500 was 0.1% higher in afternoon trading and on pace for a loss of 1.2% for the week. The Dow Jones Industrial Average was up 140 points, or 0.4%, at 33,840, as of 3:05 p.... Read the Full Story |
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Stocks | | | Wall Street is drifting lower on Friday as stocks head toward the close of their worst week since December.
The S&P 500 was little changed in morning trading and on pace for a 1.3% loss for the week. The Dow Jones Industrial Average was up 41 points, or 0.1%, at 33,747, as of 10:0... Read the Full Story |
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AbbVie Inc. (NYSE: ABBV) stock is back to where it started after the day after posting a mixed fourth-quarter earnings report. The company delivered a slight beat on expected earnings but came in light on the top line.
Immediately after the report, ABBV stock gapped up 5.8% in pre-mar... Read the Full Story |
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Microsoft (NASDAQ: MSFT) proposed $66.7 billion acquisition of Activision-Blizzard (NASDAQ: ATVI) which has put regulators on high alert. The deal, which would make Microsoft the world’s third-largest gaming company, raised concerns about the concentration of power in big tech and spark... Read the Full Story |
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Monday's Early Bird Stock Of The Day Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, integrates, and produces tactical weapons and missile defense solutions, and provides sustainment, modernization, and training services for manned and unmanned aircraft and electronics systems. It also offers integrated, all-domain command, and control battle management systems, precision strike weapons; high speed air-breathing and hypersonic systems; high-performance gun systems, ammunition, precision munitions and advanced fuzes; aircraft and mission systems logistics support, sustainment, operations and modernization; and warfighter training services. The company's Mission Systems segment offers command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. Its Space Systems segment offers satellites, spacecraft systems, subsystems, sensors, and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. Northrop Grumman Corporation was founded in 1939 and is based in Falls Church, Virginia. | | View Today's Stock Pick |
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