Good MorningEquity markets advanced on Tuesday in hopes of further backstopping for the ailing bank industry. The news includes a new deal for First Republic Bank and a push from Treasury Secretary Janet Yellen to expand the FDIC insurance program. The S&P 500 gained over 1.25% on the news and regained the upper side of the 30-day moving average, a potentially bearish sign.
The next hurdle for the market is today at 2:15. At 2:15, the FOMC will announce the next policy adjustment, which is expected to be a 25 basis point increase in interest rates. The risk for the market is the rhetoric which is also expected to be firm. Inflation isn't tamed despite the banking crisis, and it may not fall significantly unless the FOMC causes more weak economic links to fail. Featured: 1 Hour Once A Day (Ad) 
|
Tech | | | After sweeping through battles in statehouses across the country, the war against ESG investing is heating up in Congress.
The Senate voted Wednesday to overturn a Labor Department rule allowing retirement plans to consider environmental, social and governance factors when making inve... Read the Full Story |
|
From Our Partners | | Washington is running out of money…And guess where they'll look next?
When governments go broke, they take from the people.
It's happened before, and it's happening again.
The Department of Justice just admitted that cash isn't legally YOUR property. | | Get your free guide now by clicking here >> |
|
Stocks | | |
Dividend contenders are a group of companies that have increased the dividend they pay to shareholders for at least 10 years up to 24 years. There are currently over 360 such companies. This article highlights three of these stocks that you can buy now to get long-term gains later.
Di... Read the Full Story |
|
Markets | | |
Enterprise collaboration software maker Asana Inc. (NASDAQ: ASAN) stock formed a “gap and crap” after reporting its fiscal Q4 2023 earnings. A gap and crap describes the price action for when a stock gaps up on earnings on the market open and then proceeds to sell off, giving back its ... Read the Full Story |
|
From Our Partners | | AI breakthroughs. Inflation shocks. Energy rotations.
The market is moving fast — and the biggest winners often start small.
At Street Ideas, we focus on small-cap companies showing early momentum — before the crowd piles in. | | “3 Under-the-Radar Stocks Triggering Early Signals” |
|
Markets | | | Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price. But European bank stocks and the wider market gained as investors watch whether moves to shore up banks will stem further upheaval in the global finan... Read the Full Story |
|
Stocks | | |
Two thousand years ago, Wise Men bore gifts of gold, frankincense and myrrh to celebrate the birth of Baby Jesus.
Today, wise investors are bearing gold, silver and cryptocurrency stocks in the dawn of the world’s latest financial crisis.
Like the downfall of the Roman Empire, the co... Read the Full Story |
|
From Our Partners | | Jeff Brown recently traveled to a ghost town in the middle of an American desert…
To investigate what could be the biggest technology story of this decade.
In short, he believes what he's holding in his hand is the key to the $100 trillion AI boom…
And only one company here in the U.S. can mine this obscure metal. | | Click here to get the details on this virtual monopoly. |
|
Stocks | | | The rise of electric vehicles (EVs) has marked a massive shift in the automotive industry, opening new investment opportunities. With growing demand for cleaner transportation and substantial government support, investing in EV charging stations presents an exciting frontier for investors.
If you'r... Read the Full Story |
|
Markets | | | In a bid to ease turmoil in the world financial system, Swiss authorities engineered a plan for the UBS bank to acquire its troubled smaller rival Credit Suisse at a marked-down price.It's another urgent attempt to fight fears that have put the financial world on edge 15 years after the failure of U... Read the Full Story |
|
Markets | | |
When Kroger (NYSE: KR) and Albertsons Companies (NYSE: ACI) announced their merger, it took the grocery market by storm. The merger aligns two brands to create a national footprint capable of competing with dominant food retailers like Walmart (NYSE: WMT). The merger, after considerations, is esti... Read the Full Story |
|
Markets | | | While Wall Street works to contain the biggest American bank failure since the 2008 financial meltdown, founders of startups who are people of color worry it could become even harder to secure financial support Read the Full Story |
|
Stocks | | | Two large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial system, and President Joe Biden is reassuring Americans that the money they have in banks is safe Read the Full Story |
|
Wednesday's Early Bird Stock Of The Day Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease. The Diabetes and Obesity care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas. The Rare Disease segment offers products in the areas of rare blood disorders, rare endocrine disorders, and hormone replacement therapy. The company also provides insulin pens, growth hormone pens, and injection needles. In addition, it offers smart solutions for diabetes treatment, such as smart insulin pens and Dose Check, an insulin dose guidance application. The company has a collaboration agreement with Aspen Pharmaceuticals to produce insulin products; and with Korro Bio, Inc. for the discovery and development of new genetic medicines to treat cardiometabolic diseases. Novo Nordisk A/S was founded in 1923 and is headquartered in Bagsvaerd, Denmark. | | View Today's Stock Pick |
|
