Good MorningEquity markets retreat on Tuesday to open a holiday-shortened week on uncertain footing. The move comes despite better-than-expected earnings from Walmart and Home Depot that left investors uncertain of what to expect in 2024. Both reports were better than expected, but only one was good. Walmart is growing while outperforming; Home Depot is contracting despite the outperformance and issued weak guidance. The takeaway is that consumer spending habits continue to shift away from big tickets and large projects to daily and essentials, a trend that will be seen elsewhere in the sector.
However, the big news will come out on Wednesday evening. NVIDIA is expected to report a high triple-digit increase in sales, which may outperform expectations and provide favorable guidance. If not, the market will continue to correct as it resets the astronomical expectations priced into the stock. NVIDIA fell 5% in Tuesday's action to lead the broad market lower. Featured: Elon Musk: "America Will Go Bankrupt" - Trump's Urgent Response (Ad) 
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Finance | |
Whenever traders move their money in a big way, it often pays to follow their tracks and reverse engineer what happened that caused them to shift in or out of that space. Today, the tools at MarketBeat have caught a major shift in sentiment and capital out of an ETF (exchange-traded fund) that als... Read the Full Story |
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Technology | |
Twilio Inc. (NYSE: TWLO) is a leading cloud-based communications platform-as-a-service (CPaaS) provider. This business services sector company was named a leader in the 2023 Gartner Magic Quadrant for CPaaS. Twilio offers a wide range of communications services to businesses, ranging from voice, m... Read the Full Story |
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Consumer Staples | |
Walmart (NYSE: WMT) is in an uptrend and will likely continue. The Q4 results and guidance for 2024 underpin an expectation for capital returns and improving shareholder value for this retail stock. However, the upcoming 3:1 stock split poses a problem for the market, possibly resulting in a sell-... Read the Full Story |
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From Our Partners | | Having $2.5 million saved puts you ahead of most Americans, but how long it lasts depends on the decisions you make with it.
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Finance | |
Consumer worldwide have been suppressed in their wishes to travel, especially after the mainstream media accused the U.S. economy of flirting close to a recession throughout 2023. Well, now that the new year is here, it is evident that the hypothetical recession has been canceled, but more on why ... Read the Full Story |
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Industrials | |
EVTOL, electric vertical take-off and landing craft, a page right out of science fiction, are about to take the world by storm. These vehicles combine the carbon-reducing technology of electrification with vertical take-off and landing to produce highly adaptable craft perfect for a variety of use... Read the Full Story |
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From Our Partners | If you've saved over $1,000,000, the challenge shifts from building wealth to making it last through retirement.
Fisher Investments' Definitive Guide to Retirement Income outlines seven strategies wealthy retirees use to generate lasting income. Since 1979, the firm has helped tens of thousands of investors retire comfortably, managing over $441 billion in assets. | | Download the free retirement income guide from Fisher Investments today |
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Consumer Discretionary | |
A prominent investment theme of the past year is the outperformance of profitable companies with a unique competitive advantage.
Obvious examples of stocks in that category include Nvidia Corp. (NASDAQ: NVDA), which dominates the market for AI chips, and Salesforce Inc. (NYSE: CRM), whose user-fr... Read the Full Story |
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Technology | |
Super Micro Computer Inc. (NASDAQ: SMCI) has been a standout performer year-to-date after shares of the technology company have surged to record heights. Its remarkable year-to-date gains have captured the attention of traders, spectators and investors, as the stock has offered exceptional opportu... Read the Full Story |
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Finance | |
Patient investors look for safer stocks when the VIX begins to pop to protect their portfolio or expose themselves to high-quality assets at potential discounts. Realty Income (NYSE: O) could be one of those picks this cycle as a part of a real estate stock play.
A new cycle is about to start, th... Read the Full Story |
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Technology | |
Datadog Inc. (NASDAQ: DDOG) is a cloud-based observability, monitoring and security platform for enterprise networks. The computer and technology sector leader helps companies monitor their complete infrastructure inside any application, stack and logs at any scale in real time.
The scale can in... Read the Full Story |
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Industrials | |
While the oils/energy sector had modest gains in 2023, solar energy stocks took a beating. The Invesco Solar ETF (NYSEARCA: TAN) is down 38.53% on a trailing 12-month basis and down 12% year-to-date (YTD). While solar trackers have been exceptionally strong, solar energy systems and panels are sta... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts. | | View Today's Stock Pick |
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