Good MorningChurn continued on Wall Street Wednesday, with the S&P 500 gaining a little more than 0.5% to reclaim the week's highs. The move came just before the December CPI figures were released and may lead to a new all-time high in their wake. The CPI data is due today and may come in cooler than expected. A cooler-than-expected read will shorten the time until the first FOMC interest rate cut but poses a bigger risk. Cooler-than-expected inflation may raise fears of deflation and recession, sapping appetite for risk-on assets like equities.
Earning season action will heat up tomorrow. The Big Banks, including JPMorgan Chase, will report earnings, and the news will move the market. Revenue and earnings are expected to be solid due to higher interest rates; the question is how the consumer fares. As it is, data suggests the US consumer is resilient in 2024 and will continue to buy, albeit price-consciously. Featured: Elon Musk's Next AI Partnership Could Shake Up This Stock (Ad) 
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Consumer Discretionary | |
Chewy, Inc. (NYSE: CHWY) and Williams-Sonoma (NYSE: WSM) received upgrades that investors can buy into. Not because a single upgrade is enough to move a market but because these upgrades align with recent trends. Those trends suggest the markets for these retail stocks are at a critical turning po... Read the Full Story |
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From Our Partners | | In 1974, a quiet deal between Henry Kissinger and the Saudis reshaped America's monetary order overnight, with no announcement and no vote in Congress.
Decades later, the dollar had lost more than 84% of its purchasing power even as millionaire ranks surged into the millions.
Financial reporter Kimi Weintraub sits down to explore a new, largely unnoticed shift in America's monetary system, one tied to executive orders and a reported 13-nation agreement. | | Watch the full interview before the December 14 Miami summit |
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Industrials | |
Howmet Aerospace Inc. (NYSE: HWM) stock is up more than 3% after Truist Financial Corporation (NYSE: TFC) upgraded the stock from a Hold to a Buy with a $74 price target, which is significantly higher than the firm's previous $46 price target.
Two days before that upgrade, an analyst at Bernstein... Read the Full Story |
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Consumer Staples | |
PepsiCo Inc. (NASDAQ: PEP) and French grocery giant Carrefour SA (OTCMKTS: CRRFY) are pointing fingers at each other, with each blaming the other for a dispute over prices.
The PepsiCo chart shows the stock trading 1.66% lower for the week, after the close on January 11.
Carrefour is one of the... Read the Full Story |
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From Our Partners | | MindWalk Holdings (NASDAQ: HYFT) is applying AI to drug discovery, and its customer base already includes 19 of the top 20 global pharmaceutical companies.
The company's HYFT technology maps roughly 660 million biological patterns and 25 billion relationships. Q1 fiscal 2027 revenue hit $3.8 million, with gross margin improving to 59 percent in its fifth consecutive quarter of year-over-year growth.
A new OpenFold3 deployment delivered about 5x faster antibody-antigen inference, and a $30 million revolving credit line, free of warrants or equity conversion, adds fuel for expansion. | | Take a closer look at HYFT before AI reshapes drug discovery. |
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Communication Services | |
Are you looking for long-term investment opportunities?
Growth stocks could present a range of potential. Growth stocks are stocks issued by companies that primarily reinvest profits into business operations rather than returning money to shareholders as dividends. The best growth stocks to buy n... Read the Full Story |
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Real Estate | |
Are you looking to invest in hotel real estate investment trusts (REITs) in 2024?
Hotel REITs offer you the chance to diversify your portfolio with exciting and luxurious properties in exotic locations around the world, from New York to Bali. By investing in a REIT, you can potentially increase ... Read the Full Story |
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From Our Partners | | When Moonshot AI's new model rattled overnight markets, stocks gapped down 1 percent before the open, and history shows the story doesn't end there.
Between 9 30 and 9 50 AM, Wall Street settles nearly 25 percent of the day's total volume in a single 20 minute window, often revealing market direction for the rest of the morning.
A former money manager breaks down the floor data behind this pattern, including a June 25th session where inflation surged past 4 percent and the market moved just 0.3 percent afterward. | | Watch the full video breakdown before access is taken down |
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Real Estate | |
One lesson markets have taught over the last few years is that stocks can get volatile immediately. Investors frequently look toward companies with inelastic products and services when major indices are wobbling.
Utilities and consumer staples are two of the most commonly selected sectors for inv... Read the Full Story |
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Finance | |
The banking industry is an exciting place to invest your money in the stock market. Despite ongoing economic uncertainty, many banks are well-positioned to thrive in the current market.
Whether you are a seasoned investor or just starting investing, understanding the banking industry and identif... Read the Full Story |
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Technology | |
If you believe that a stock in any stock sector will make a large price move, you can make an options trade called a straddle to capitalize on the anticipated big price move. How large of a move are we talking about? That depends on the total cost of the premiums. We’ll explain in a bit.
In... Read the Full Story |
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Communication Services | |
Having increased seemingly month on month since the back-end of 2021, it looks like mortgage rates might finally be cooling. The 30-year fixed-rate average has fallen from a high of 7.79% at the start of November to 6.62% last week, and expectations are for this downward trend to continue through ... Read the Full Story |
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Markets | |
The U.S. Securities and Exchange Commission (SEC) has given the go-ahead to the first-ever U.S.-listed exchange-traded funds (ETFs) tracking Bitcoin. This watershed moment marks a significant leap for the world's largest cryptocurrency and the broader crypto industry.
After a decade-long journey... Read the Full Story |
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Friday's Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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