Good MorningEquity markets hovered near all-time highs on Tuesday as S&P 500 earnings came into sharp focus. The takeaway is that earnings growth is present for the index, but results are spotty from industry to industry and company to company. Verizon and GE Aerospace's results were solid but less than forecasted by their consensus estimates, leaving their stocks down significantly, while others, including General Motors, outperformed.
Shares of hyperscalers Amazon, Alphabet, and Microsoft were among the day's leaders, driven by hopes for profitable AI applications. The latest news is a slate of agents released by Amazon-backed Anthropic intended to automate business tasks. Microsoft led the group with a 3% gain and is on track to continue the uptrend in share prices this year. Microsoft and other big tech names will report earnings next week. Featured: This tiny piece of glass could be bigger than GPUs (Ad) 
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Technology | |
Shares of Cisco Systems Inc (NASDAQ: CSCO) have been making headlines for all the right reasons with their multi-month rally, which has added 30% since August. Though still short of its pandemic-era highs, the tech titan is continuing to gain momentum, and expectations are building accordingly as ... Read the Full Story |
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From Our Partners | | OpenAI and Anthropic are moving closer to the public-market spotlight - and Wall Street rarely waits until the first trading day to reposition.
By the time these IPOs arrive, the obvious AI names may already be crowded and fully priced. The earlier opportunity could lie in chips, cloud infrastructure, data tools, and enterprise AI systems. One report covers 9 AI stocks - including a chip name tied to U.S. infrastructure, a cloud player with an underappreciated setup, and a data analytics business with government and enterprise exposure. | | Review the full 9-stock AI breakdown before the next wave hits |
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Technology | |
Verizon (NYSE: VZ) is a total package for investors interested in stress-free total returns. The stock trades at a deep value relative to its historical average and the S&P 500; it pays more than 6% in yield and trades with a beta of nearly 0.5x. The factor that seals the deal is the outlook... Read the Full Story |
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Medical | |
Over the last couple of years, one of the biggest stories in the stock market has been around pharmaceutical companies that are thriving due to the proliferation of their weight loss drug treatments. The two firms that most readily come to mind are Eli Lilly (NYSE: LLY) and Novo Nordisk (NYSE: NVO... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Consumer Discretionary | |
There are very few opportunities in the stock market that offer discounts on great companies that are still not well-known but that grow at massive rates to become household names and Wall Street favorites in the near future. One of these stocks, with the sort of attractive discount investors woul... Read the Full Story |
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Markets | |
GitLab Inc (NASDAQ: GTLB) shares have been making a strong comeback in recent weeks after what must be acknowledged as a challenging year. Despite beginning 2024 on a high, driven by momentum from the 2023 year-end rally, the tech stock slumped into the summer.
However, since then, the $9 bill... Read the Full Story |
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From Our Partners | | Renewed tensions involving Iran are putting global oil supplies back in focus - and history shows certain energy stocks respond before the broader market catches on.
A new report identifies three energy stocks emerging from today's supply disruptions. One is already benefiting from the current environment; the other two may not be on your radar yet. | | See which three energy stocks made the list and why they stand out |
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Retail/Wholesale | |
The auto/tires/trucks sector has been in a slump, as evidenced by weaker results and forecasts from manufacturers like Ford Motor Co. (NYSE: F) and Stellantis (NYSE: STLA). High financing costs and an uncertain macroeconomic climate have caused consumers to tighten their spending, especially on bi... Read the Full Story |
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Technology | |
Some stocks are worth looking at even before their earnings are out in the market, a view contrary to the popular belief that whatever results will come of earnings are potentially already priced into the stock before the event. If this were the case, however, then stocks wouldn’t see such s... Read the Full Story |
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Retail/Wholesale | |
Processing artificial intelligence (AI) queries consumes 300% to 400% more electricity than normal searches. The need to power the AI revolution triggered a race to find and lock down alternative sustainable energy options for the major hyperscalers in the computer and technology sector. Nuclear e... Read the Full Story |
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Utilities | |
In a surprising turn of events, the utilities sector has emerged as one of the best-performing sectors of 2024. Year-to-date (YTD), the Utilities Select Sector SPDR ETF (NYSE: XLU) is up nearly 30%, outpacing the QQQ ETF and the S&P 500 ETF (NYSE: SPY), both of which have gained closer to 20%.... Read the Full Story |
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Finance | |
Wells Fargo & Co. (NYSE: WFC) reported a relatively solid third quarter of 2024 earnings report, beating analyst EPS expectations by 14 cents. The finance sector laggard has done a remarkable job diversifying fee-based income to offset net interest income headwinds. Wells Fargo was a laggard... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California. | | View Today's Stock Pick |
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