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: The 7 Stocks Quietly Gaining Attention Right Now (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 | | 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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Communication Services | |
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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Healthcare | |
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 | | Rumors are circulating that Elon Musk is preparing to acquire three publicly traded companies.
Dr. Mark Skousen, who met Musk in person and called the SpaceX listing months early, says he has identified all three targets in what he calls Elon's $2.1 Trillion Hit List.
See the three companies before the rumors become headlines. | | Get the details on all three companies now |
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Communication Services | |
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 | | AI is expanding beyond software into robots, factories, vehicles, and intelligent machines. That shift could create a new group of market leaders before most investors notice.
A complimentary report, 5 Stocks Powering the Physical AI Revolution, identifies five companies positioned at the center of this shift, along with the technologies, growth drivers, and risks to understand. | | Get your free copy before physical AI becomes Wall Street's next crowded trade |
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Consumer Discretionary | |
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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Real Estate | |
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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Consumer Discretionary | |
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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