Good MorningEquity markets began the final week of June on shaky footing. The S&P 500 hovered within a tight range but closed lower for the session. The move is due in part to caution; the PCE price index is due out later this week and should be a market-moving event. The question is which way the market will move, and the bias now is upward. The index is expected to show core inflation moderating to 4.6% YOY, which is good news, but the FOMC will remain hawkish at this level.
The next few weeks will be trying times for the market. The PCE price index is only 1 worry; after that, there is fear the FOMC will hike rates to the point that it will crack the economy more. Fed members, including Jerome Powell, have indicated that 2 or more hikes are still possible; increases will likely cause more bank failures and consolidation within the financial industry. The only good news is that AI is lifting the tech sector and may continue to do so through the end of the summer. Featured: Move Your Money Here Before August 31st (Ad) 
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Technology | |
Vuzix Corporation (NASDAQ: VUZI) makes augmented reality (AR) glasses and solutions for the manufacturing, healthcare, aerospace, military and industrial industries. Most consumers might equate AR glasses to gaming or entertainment, but work applications are continuing to grow as the need for mobi... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
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Materials | |
Sherwin-Williams (NYSE: SHW) shares prices have been under pressure for over a year, but those times are ending. The pressure is due to economic headwinds, high inflation, and sluggish housing markets, but now the outlook is brightening. The outlook isn’t rosy, but analysts see housing marke... Read the Full Story |
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Markets | |
Video game publisher Activision Blizzard Inc. (NASDAQ: ATVI) is enjoying unprecedented success with its Diablo IV video game release on June 6, 2023. It has been the fastest-selling videogame in Blizzard’s history, raking in $666 million in the first five days. However, this isn't an overnig... Read the Full Story |
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From Our Partners | | Hedge funds are rotating out of AI hype and into the hardware layer powering it. New research identifies three profitable U.S. infrastructure companies leading this shift.
One just posted 76% year-over-year data-center growth. Another holds a $12 billion backlog from global hyperscalers. A third is generating 59%+ gross margins on next-gen chips. | | Access the full analysis, price setups, and catalysts now |
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Technology | |
MongoDB (NASDAQ: MDB) emerged as an AI play when it released FQ1 earnings in early June. The company beat on the top and bottom lines and issued clear guidance saying it was well-positioned to benefit from the AI boom. Not only is it critical to the AI infrastructure, it is a cloud-based database ... Read the Full Story |
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Consumer Discretionary | | To stimulate sagging electric vehicle (EV) sales, China unveiled a package of tax breaks valued at $72.3 billion (520 billion yuan) over the next four years. This initially caused a spike in shares of Chinese EV maker NIO Inc. (NYSE: NIO) as well as peers Xpeng Inc. (NASDAQ: XPEV) and Li Auto Inc. (... Read the Full Story |
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From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
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Consumer Discretionary | |
In an ever-evolving world of investments, and increased uncertainty in global markets, owning or investing in high dividend yield stocks has emerged as an enticing avenue for investors seeking a stable income and long-term wealth creation. Such stocks, often belonging to companies with solid cash ... Read the Full Story |
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Technology | |
Yext Inc. (NASDAQ: YEXT) offers a one-stop shop platform for businesses to create, adjust and update information about them. The artificial intelligence (AI) powered content management platform updates the information consistently across the internet and mobile sources. It lets businesses stay abr... Read the Full Story |
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Communication Services | |
Since its debut on the NYSE in 2017, shares of Snap (NYSE: SNAP) have experienced significant volatility. After pricing its IPO at $17, shares of the company opened on NYSE at $24, up 41% from pricing, and closed the day up 44% from the IPO price. At the close of its first day of trading, the comp... Read the Full Story |
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Healthcare | |
ImmunoGen Inc. (NASDAQ: IMGN) is a commercial-stage biotechnology company leading in antibody-drug conjugates (ADC). ADCs are like heat-seeking missiles that target and selectively deliver cancer-killing toxins to tumor cells while leaving healthy cells alone using antibodies that bind to antigens... Read the Full Story |
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Markets | |
The artificial intelligence (AI) deployment trend is bolstering stock prices throughout the market. Many stocks are just rising with the currents, but many companies are seeing a material impact due to the AI deployment trend. Network communications solutions provider Juniper Networks (NYSE: JNPR)... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Cardinal Health, Inc. operates as a healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. The segment also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; operates nuclear pharmacies and radiopharmaceutical manufacturing facilities; repackages generic pharmaceuticals and over-the-counter healthcare products; and provides pharmacy management services to hospitals. The Medical segment manufactures, sources, and distributes Cardinal Health branded medical, surgical, and laboratory products and devices that include exam and surgical gloves; needles, syringe, and sharps disposals; compressions; incontinences; nutritional delivery products; wound care products; single-use surgical drapes, gowns, and apparels; fluid suction and collection systems; urology products; operating room supply products; and electrode product lines. The segment also distributes a range of national brand products, including medical, surgical, and laboratory products; provides supply chain services and solutions to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers; and assembles and sells sterile, and non-sterile procedure kits. The company was incorporated in 1979 and is headquartered in Dublin, Ohio. | | View Today's Stock Pick |
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