Good MorningEquity markets tread water on Monday as investors brace for a turbulent week. Few earnings reports or economic releases exist, but Friday will bring the PCE price index. The PCE Price Index is the Fed's favored tool to gauge inflation and is expected to be mixed. The core reading is expected to cool compared to the previous month, but the headline will accelerate. Because the headline is a leading indicator of core inflation, it will point to another interest rate hike this year. In this scenario, the FOMC will hike rates to the highest level in over a decade and send more banks to the brink of collapse.
The equity market is at a critical turning point. Either the market will get its feet back under it, or it won't. The market will likely rally higher into the New Year if it can regain footing. If not, the selloff will gain momentum and threaten to wipe out all of this year's gains. In that scenario, momentum could build as investors run for cover and take the S&P 500 back to the depths of 2022's lows. Featured: 25 candidates screened. 5 made it. (Ad) 
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Technology | |
If you’ve overlooked the potential of game developer Unity Software Inc. (NYSE: U), that’s entirely understandable.
The stock has flown under the radar within the sub-industry of software design, as large caps like Synopsys Inc. (NASDAQ: SNPS) and Cadence Design Systems Inc. (NASDAQ:... Read the Full Story |
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From Our Partners | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
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Healthcare | |
While the direction of the stock markets is unpredictable, the growth of the aging population is entirely predictable. Along with an aging population come additional healthcare, beauty and wellness needs. Baby boomers are arguably the largest and wealthiest generation in the country, followed by G... Read the Full Story |
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Consumer Discretionary | |
Global apparel maker Hanesbrands Inc. (NYSE: HBI) shares have been in a cascading fall, shedding 37.7% year-to-date (YTD). The company owns many innerwear and athleisure brands, including Hanes, Champion, Playtex, L'eggs, Wonderbra, Bonds, Bali, Maidenform, Berlei, Just My Size, Alternative and Co... 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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Consumer Discretionary | |
The 2023 holiday shopping season is fast approaching, and the expectations are for a sluggish season. Surveys from numerous consumer watchdogs suggest consumers continue to cut spending and plan to be frugal during the holidays. While growth is expected, the low to mid-single-digit pace aligns wit... Read the Full Story |
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Consumer Discretionary | |
McDonald's (NYSE: MCD) announced the first increase in US franchise fees in over 30 years, but this news is unlikely to move the needle. While the 100 basis point increase is worth 20% in theoretical revenue gains in the US segment, some important details should be considered. The first is that th... 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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Industrials | |
Silicon has been an increasingly important commodity for tech investors, and the rise of AI takes that to the next level. As powerful as the trends in AI are, there are other ways to use silicon and batteries is only 1. Regarding batteries, new technology centered on silicon anodes is about to rev... Read the Full Story |
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Communication Services | |
It should not be new information that, when the underlying business cycle turns for the better - or worse - certain groups of stocks tend to anticipate the turn and make their moves, large ones at that, before other pockets of the economy.
When it comes to the United States economy, certain place... Read the Full Story |
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Markets | |
Investing in China has become taboo lately, with investors and media calling its equity market 'uninvestable.' However, some understand macroeconomics at a level most can only dream of, such as Ray Dalio and his hedge fund Bridgewater Associates.
Alibaba Group (NYSE: BABA) has been earning itself... Read the Full Story |
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Finance | |
Shares of London-based global finance giant HSBC Holdings Inc. (NYSE: HSBC) are up 5.78% in the past month. The stock got a boost on reports of a partnership with cryptocurrency custody firm Fireblocks.
HSBC has not confirmed those reports, but the bank has been inching toward a formal arrangeme... Read the Full Story |
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Consumer Discretionary | |
When it comes to AI, language-learning app Duolingo Inc. (NYSE: DUOL) is articulating the idea, “If you can’t beat ’em, join ’em.” The approach seems to be working.
The company embraced AI early as a way to grow its business, while rival language-learning platform Ch... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Freshworks Inc., a software development company, provides software-as-a-service products worldwide. It offers Freshworks Customer Service Suite, which provides automated, personalized self-service on various channels, including web, chat, mobile messaging, email, and social; Freshdesk, a ticketing-centric customer service solution; Freshsuccess, a customer success solution; and Freshchat that provides agents with a modern conversational experience to proactively engage customers across digital messaging channels. The company also provides Freshsales, an advanced and user-friendly sales automation solution; Freshmarketer, a marketing automation solution for businesses to redefine their marketing strategies; Freshsales Suite, which offers businesses a unified platform that facilitates cohesive engagement and detailed tracking of customers throughout their entire buying journey; Freshservice that offers virtual agents to help employees resolve issues, make requests, and answer questions without contacting the service desk; and Freshservice for Business Teams, which provides a unified employee service experience while ensuring the secure separation of departmental data. In addition, it offers Freshping to monitor website's availability and get multichannel alerts if the website goes down; Freshstatus, which allows businesses to create a custom branded website status page for internal or external viewing to communicate website uptime and availability; and Freshsurvey to measure net promoter scores and other satisfaction metrics directly within Freshworks products. The company was formerly known as Freshdesk Inc. and changed its name to Freshworks Inc. in June 2017. Freshworks Inc. was incorporated in 2010 and is headquartered in San Mateo, California. | | View Today's Stock Pick |
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