Good MorningStocks bounced above and below the breakeven point over 100 times before closing with a small gain on Monday. This continued the upward trend that put the three major indexes posting monthly gains of over 3%.
Earnings season is in full swing, but investors will largely be waiting to hear from Apple this week. The tech giant reports after the market closes on Thursday. It’s hard to understate the importance that Apple has on the market. To borrow a phrase, when Apple sneezes, the market catches a cold. At the same time, if Apple delivers strong results, it will likely add fuel for the bulls.
Investors are also waiting on the July jobs report, which will be out on Friday. A hotter reading will support the idea of the Federal Reserve raising interest rates in the fall. On the other hand, a cool reading will stoke concerns about inflation, which is likely to rise with higher oil prices.
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Markets | | | As the technology sector continues to drive the market's impressive surge this year, it becomes crucial to familiarize ourselves with the leading and most popular tech-focused exchange-traded funds (ETFs). Understanding their highest-weighted players and unique offerings can provide valuable insight... Read the Full Story |
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From Our Partners | | Tesla's About to Prove Everyone Wrong... Again
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The "experts" said Elon was finished and Tesla was headed for bankruptcy.
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Stocks | | |
Artificial intelligence (AI) means different things to different industries. For investors, it can be confusing and even a little suspicious, as companies are bending over backward to tout their AI capabilities to investors.
That’s why a better way to invest in the growth of AI is to ... Read the Full Story |
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Stocks | | | Asian shares dipped Wednesday after Wall Street took a step back from its big rally as markets tried to digest a slew of earnings. Japan's benchmark Nikkei 225 dove 1.8% in morning trading to 32,871.85. Australia's S&P/ASX 200 fell 0.8% to 7,390.30. South Korea's Kospi slid 1.1% to 2,636.62. Hon... Read the Full Story |
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Markets | | | Shares of ServiceNow Inc. (NYSE: NOW) may be down since the company’s July 26 earnings report, but this isn’t a stock to count out.
In fact, the current pullback may offer a buy opportunity, as the company beat revenue and earnings views, boosted its full-year guidance, and is con... Read the Full Story |
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Stocks | | | Wall Street's rally got back on track Friday following more encouraging profit reports and the latest signal that inflation is loosening its chokehold on the economy.The S&P 500 rose 1% to its highest close in more than 15 months. The Dow Jones Industrial Average climbed 176 points, or 0.5% afte... Read the Full Story |
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Stocks | | | Artificial intelligence (AI) has hit the mainstream with fervor. Specifically, generative AI has gone viral with the explosion in ChatGPT users. However, that may have hit a peak as traffic started to unwind in June 2023 as ChatGPT traffic fell off for the first time since its launch. AI is still ev... Read the Full Story |
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Markets | | | The German economy is still failing to grow, figures showed Friday, as the country that should be the industrial powerhouse for all of Europe struggles with high energy prices, rising borrowing costs and a lagging rebound from key trading partner China. Economic output in Germany stagnated in the Ap... Read the Full Story |
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Markets | | | Europe's banking sector could withstand a severe economic downturn without depleting their financial buffers against losses, the European Central Bank said Friday.A survey of 98 large and medium-sized banks done by the ECB's supervisory arm in conjunction with the European Banking Authority showed t... Read the Full Story |
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Markets | | | Lebanon's embattled central bank governor stepped down on Monday under a cloud of investigation and blame for his country's economic crisis as several European countries are probing his alleged financial crimes.Riad Salameh, 73, ended his 30-year tenure as tearful employees took photos and a band pl... Read the Full Story |
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Markets | | | Glucose-monitor maker DexCom Inc. (NASDAQ: DXCM) was among the top three gainers within the healthcare sector on July 28, advancing 2.33% in the season after gapping higher at the open.
The company reported second-quarter results that came in ahead of Wall Street’s expectations. Earning... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors. Its products are used in various applications, including automotive, industrial and Internet of Things, mobile, and communication infrastructure. The company markets its products to various original equipment manufacturers, contract manufacturers, and distributors. It operates in China, the Netherlands, the United States, Singapore, Germany, Japan, South Korea, Taiwan, and internationally. N.V. was incorporated in 2006 and is headquartered in Eindhoven, the Netherlands. | | View Today's Stock Pick |
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