Good MorningEquity markets tried to move higher after the FOMC meeting, but the takeaways for investors are not bullish. The FOMC raised rates by 25 basis points as expected but left the door open to another hike later this year. The Fed also indicated it thought inflation would remain higher for longer and needed to leave interest rates higher to combat it. The market responded by pushing its expectation for the 1st interest rate cut to September and selling stocks.
The S&P 500 continues to show resistance at the 4,150 level and is unlikely to move above it. This will keep the index range bound in 2023, and there is a chance it will move lower. The increase in interest rates puts more pressure on an already cracking banking system and is sure to cause another failure, and the odds of recession continue to rise. Featured: Trump is replacing the U.S. dollar (Ad) 
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Technology | |
Demand for semiconductors may be spotty, but trends within the technology industry drive business for Super Micro Computer Inc. (NASDAQ: SMCI). Super Micro deploys the world’s leading semiconductor technology with its line of servers, services and accessories and the shift to next-generation... Read the Full Story |
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From Our Partners | | Tesla's most recent SEC filing contains a single line showing $12 billion in revenue from a new venture Elon Musk has been quietly building inside the company — one that has nothing to do with cars, robots, space, or AI.
Blackstone calls the underlying opportunity a $23 trillion market. On July 22, Elon is expected to go public with it. Former hedge fund manager Adam O'Dell says he already knows what's coming — and is sharing the name and ticker of one of his top picks to play it, free. | | Watch Adam O'Dell's full briefing and claim your free ticker now |
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Consumer Staples | |
In turbulent and uncertain markets, investors turn to reliable dividend payers and well-known names. Consumer spending on snacks and sweets haven't sacrificed due to recession fears, including in strong recent price gains in stocks like PepsiCo Inc. (NYSE: PEP), Mondelez International Inc. (NASD... Read the Full Story |
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Retail/Wholesale | |
Valuing a business need not be so focused on theoretical methods and mathematical calculations; while they can be - and oftentimes are - the foundation to beginning to understand the intrinsic value, there are other qualitative factors. For example, Apple (NASDAQ: AAPL) is a great business and a p... Read the Full Story |
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From Our Partners | | If you have $2M or more saved, the 4% rule points to roughly $92,000 a year - but it's a single-variable answer to a multi-variable problem. Withdrawal sequencing, sequence-of-returns risk, Roth conversion timing, and legacy goals can all shift your real number significantly.
Research from Vanguard suggests advisor best practices - covering allocation, rebalancing, tax management, and behavioral coaching - may add roughly 3% in net annual return potential. Morningstar's 2025 data shows the average investor return gap is 1.2% per year due to mistimed buying and selling.
Get matched with a fiduciary advisor in your area at no cost and with no obligation to hire. | | Answer three quick questions to find your advisor match today |
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Consumer Staples | |
The Kraft Heinz (NASDAQ: KHC) story is about more than the strength of consumer staples companies across verticals. Not only is this a blue chip consumer staple brand with a healthy following and clear pricing power, but it is also a turnaround story within the industry gaining momentum. Kraft Hei... Read the Full Story |
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Technology | |
Advanced Micro Devices, Inc. (NASDAQ: AMD) reported its Q1 financial results last night, which at first glance beat analysts' expectations for the headline numbers. The company's earnings per share for the quarter came in at $0.60, beating the $0.56 that was expected, while revenue was also better... Read the Full Story |
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From Our Partners | | Renewed tensions involving Iran are putting global oil supplies back in focus - and history shows certain energy stocks respond before the broader market catches on.
A new report identifies three energy stocks emerging from today's supply disruptions. One is already benefiting from the current environment; the other two may not be on your radar yet. | | See which three energy stocks made the list and why they stand out |
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Energy | |
BP (NYSE: BP) shares closed lower by 8.07% on Tuesday's trading session after a somewhat volatile day in the United States financial markets, with benchmarks like the S&P 500 and Nasdaq declining by as much as six hundred points and four hundred points, respectively. Today's session saw increa... Read the Full Story |
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Medical | |
The phrase, “I’m from the government and I’m here to help” has a well-deserved reputation as a terrifying phrase, but for medical researcher Illumina Inc. (NASDAQ: ILMN), which specializes in DNA sequencing, government meddling could actually end up helping shareholders.
... Read the Full Story |
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Industrials | |
Can Eaton Corporation (NYSE: ETN) hit a new high in 2023? It could. The company just released an earnings report that shows above-consensus demand and a growing backlog which would support growth, margin expansion and capital returns. While inflation and rising rates are impacting some parts of th... Read the Full Story |
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Technology | |
NXP Semiconductors NV (NASDAQ: NXPI) confirms details seen in reports from Texas Instruments Inc. (NASDAQ: TXN) and On Semiconductor Corp. (NASDAQ: ON). The news from NXP is better than Texas Instruments, and includes outperformance and an increase in guidance supported by company diversification.... Read the Full Story |
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Technology | |
Logitech International SA (NASDAQ: LOGI) shares traded higher in Tuesday's session, by as much as 3.5%, amid the company reporting its first quarter 2023 earnings results on Monday after the market closed. Results showed concerning contractions across Logitech financials.
In the press release ite... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Sinclair, Inc., a media company, provides content on local television stations and digital platforms in the United States. It operates through two segments, Local Media and Tennis. The Local Media segment operates broadcast television stations, original networks, and content; provides free-over-the-air programming and live local sporting events on its stations; distributes its content to multi-channel video programming distributors in exchange for contractual fees; and produces local and original news programs. This segment operates The Nest, a free over-the-air national broadcast TV network; Comet, a science fiction network; CHARGE!, an adventure and action-based network; and TBD, a multiscreen TV network. The Tennis segment offers Tennis Channel, a cable network which includes coverage of tennis' top tournaments and original professional sports, and tennis lifestyle shows; Tennis Channel International streaming service; Tennis Channel Plus streaming service; T2 FAST, a 24-hours a day free ad-supported streaming television channel; and Tennis.com and Pickleballtv. It also provides digital and internet solutions; and technical services, including the design and manufacture of broadcast systems. The company distributes its content through broadcast platforms and third-party platforms that consist of programming provided by third-party networks and syndicators, local news, and other original programming. Sinclair, Inc. was founded in 1971 and is headquartered in Hunt Valley, Maryland. | | View Today's Stock Pick |
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