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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Healthcare | | 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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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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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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Technology | |
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 inves... Read the Full Story |
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From Our Partners | | Barrick Mining has spent decades building one of the world's great gold districts in Nevada, anchored by Fourmile, Goldrush, and Cortez Hills, a region that could hold as much as 60 million ounces of gold.
Bordering Fourmile and less than a mile from Goldrush sits a little-known explorer now moving from historical data toward active exploration, setting targets and preparing for a maiden drilling program.
With gold trading near record highs, this could be a pivotal stage for an overlooked name in the district. | | See why this overlooked gold explorer could be entering its most important stage |
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Technology | | 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 continui... Read the Full Story |
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Healthcare | | 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. Earnings wer... Read the Full Story |
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From Our Partners | | More than 25 candidates were screened for share price between $1 and $5, market cap above $100 million, daily volume over 500,000 shares, and over $10 million in trailing revenue.
Only five stocks cleared every filter, spanning five different sectors. Two are profitable today, and one pays a substantial dividend.
The report also flags what could go wrong with each pick, including dilution and convertible debt. | | See the five stocks that survived this strict revenue screen |
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Communication Services | | Strong second-quarter earnings reports and cooling inflation have powered the S&P 500 to its highest level in 16 months. Courtesy of a five-month winning streak reminiscent of 2021’s bull run, the popular stock market gauge is back to within 5% of its record high.
Not all S&P 500 comp... Read the Full Story |
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Consumer Discretionary | | You don’t usually see a stock’s price go off a cliff after an earnings beat and an increase in guidance, but that’s precisely what happened to Ford Motor Co. (NYSE: F) after its second-quarter report.
Ford stock gapped down 3.02% at the open on July 27, and ended the session with ... Read the Full Story |
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Healthcare | | Recently, high short-interest stocks have emerged as a strong market theme, gaining significant attention from investors and analysts alike. Companies such as Carvana (NYSE: CVNA), Rivian (NASDAQ: RIVN), and Enovix (NASDAQ: ENVX) have been at the forefront of this, witnessing a remarkable surge in t... Read the Full Story |
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Energy | | Share buybacks (also called stock buybacks or stock repurchases) are a common way for a publicly traded company to deliver value to its shareholders. As the name implies, a share buyback is a board-approved action that allows a company to buy shares of its own stock on the secondary market.
The r... Read the Full Story |
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Markets | | Shares of Skechers U.S.A. Inc. (NYSE: SKX) were off to the races on July 28 on the heels of a better-than-expected first quarter.
The company designs and manufactures footwear, including sneakers, sandals, and casual shoes, as well as casual clothing and accessories. It’s known for shoes tha... 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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