Good MorningEquity markets look poised to rally, given a green light from the FOMC. The FOMC meets today and will issue its policy statement in the early afternoon. The odds are high that the Fed will continue to keep interest rates high; the question is how the outlook for an interest rate cut has changed. The latest inflation data does not suggest the FOMC needs to cut rates soon or even this year, and more data is due before the announcement.
The May reading of CPI is due before the FOMC releases its statement. The data is unlikely to sway the Fed's decision but will be a leading indicator for the market. The consensus is for monthly price gains to cool but for the YoY comparison to remain hot, aligning with the outlook for no cuts this year. The takeaway for investors is that the economy is growing, the labor markets are resilient, and S&P 500 earnings are growing; until this changes, the S&P 500 will be in rally mode. If its price corrects to lower levels, be ready to buy the dip when the signal forms. Featured: Last week's stock pick was quite popular... (Ad) 
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Technology | |
Apple (NASDAQ: AAPL) has long been synonymous with innovation and market dominance in the technology sector. Yet, recent weeks have seen Apple’s stock price go on a rollercoaster ride, leaving investors and Apple’s analyst community scrutinizing its every move. This volatility stems ... Read the Full Story |
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From Our Partners | | Bloomberg research shows the U.S. dollar's share of global reserves has fallen to the lowest level this century — and the consequences for your savings and investments could be severe.
President Trump has signed executive order 14241 to initiate the first full reset of the American dollar in 50 years. A new monetary anchor is being established — one that's not gold or crypto, but something far more unexpected that Vladimir Putin once called the key to world leadership. | | Read the full story on what this dollar reset means for your portfolio |
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Markets | | Too much of a good thing can be dangerous, even in the stock markets. While markets often crave liquidity, especially in times of trouble, too much liquidity can create problems. A liquidity trap is a situation where the tools of central banks lose effectiveness as the money supply grows and demand ... Read the Full Story |
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Energy | |
Dividend stocks are among the most attractive on Wall Street because they pay you to own them. However, not all dividend stocks are equal, so it takes more than a distribution and some attractive metrics to make them a good buy. This is a look at three dividend stocks that also get high ratings fr... Read the Full Story |
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From Our Partners | | Your account is not currently signed up for MarketBeat's free Monday morning stock ideas. Our team is going to be releasing an important pick on Monday morning and we want to make sure that you are able to see it. | | Add your name to the distribution list here |
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Technology | |
Late 2020 marked the onset of a severe global chip shortage, which had far-reaching repercussions throughout the interconnected world economy. The chip shortage stemmed from multiple factors, including pandemic-related disruptions, surging demand for electronics, and pre-existing supply chain vuln... Read the Full Story |
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Industrials | |
Dividend King ABM Industries (NYSE: ABM) is neither a high-profile stock nor an exciting investment, but that is not why it’s a good buy. A solid, in-demand business steadily growing and widening margins offset the lack of excitement. The margin is critical to this investment as it drives si... Read the Full Story |
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From Our Partners | | Anthropic, the maker of Claude AI, has reportedly filed for an IPO that could arrive as early as October. Its valuation has doubled since the announcement, with some estimates putting the company's worth near 3 trillion dollars by IPO day.
Google, Amazon, Nvidia and Microsoft have all taken stakes, while Goldman Sachs, Morgan Stanley and JPMorgan are competing for private shares. Anthropic's annualized revenue reportedly grew 80 times in the first quarter alone.
See how investors are positioning ahead of this closely watched IPO. | | Learn how to get a stake before the Anthropic IPO |
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Industrials | |
FuelCell Energy (NASDAQ: FCEL) is up a solid 20% following its latest earnings release on dubious news and hope. The move confirms a technical reversal in the share price, but the report's detail belies the technical outlook. The downtrend will likely continue because the stock is well below its... Read the Full Story |
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Markets | |
Shares of Robinhood Markets Inc. (NASDAQ: HOOD) have already had a massive run so far into 2024. Still, the new up-and-comer asset manager must look for ways to keep delivering further growth for its investors and customers. Investors should watch out for how this stock creates a brand moat before... Read the Full Story |
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Technology | |
Marvell Technology Inc. (NASDAQ: MRVL) is a leading semiconductor company in the computer and technology sector that designs and manufactures high-performance chips. They are a powerhouse when it comes to their largest market addressing data infrastructure solutions and data centers. While the com... Read the Full Story |
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Consumer Discretionary | |
XPeng Inc. (NYSE: XPEV) is a leading Chinese smart electric vehicle (EV) maker primarily serving the Chinese domestic market. The company is focused on the mid to high-end market with its premium EVs outfitted with advanced driver-assistance systems (ADAS) integrated with connectivity, interactive... Read the Full Story |
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Consumer Discretionary | |
Investors tend to focus on only two main ways to get their money’s worth out of buying a stock. Typically, the classic ‘buy low and sell high’ approach is the first goal for everyone who buys a stock, especially when it is a speculative venture such as holding so-called ‘me... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Simmons First National Corporation operates as the holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses. The company offers checking, savings, and time deposits; consumer, real estate, and commercial loans; agricultural finance, equipment, and small business administration lending; trust and fiduciary services; credit cards; investment management products; treasury management; insurance products; and securities and investment services. It also provides ATM services; Internet and mobile banking platforms; overdraft facilities; and safe deposit boxes. The company was founded in 1903 and is headquartered in Pine Bluff, Arkansas. | | View Today's Stock Pick |
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