Good MorningSelling resumed on Wall Street after weak earnings from key tech names raised doubts about the season. The S&P 500 shed more than 2.25% at the session low, breaking below a critical support target. The move takes the index below the 30-day moving average, where the selling could intensify. The takeaway is that a sector rotation is underway, led by tech stocks. Google and Tesla were among the leaders, falling more than 5% and 10%, respectively. The risk now is that the PCE report on Friday will be insufficient to sustain the rally, and the market will move lower.
As bad as the market looks now, the sell-off is a function of healthy markets. In preparation for a broader rally later this year, the market is taking profits in stocks that have run up by high double or triple digits. The broader rally will be driven by falling interest rates, easing economic headwinds, and accelerated profit growth, including all sectors and industries. Featured: Do Not Buy Another AI Stock Before Seeing This (Ad) 
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Technology | |
As the new earnings season kicks off, investors focus mainly on the technology sector and its biggest releases, like Alphabet Inc. (NASDAQ: GOOGL). They still await the—arguably—biggest report that is yet to come for NVIDIA Co. (NASDAQ: NVDA) to prove or disprove the artificial intelli... 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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Technology | |
There are many income strategies you can execute with stock options with varying levels of complexity and risk. One of the most popular is the covered call strategy. This requires you to own the underlying stock and write/sell calls against the position to collect premiums. This works best with st... Read the Full Story |
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Communication Services | |
AT&T (NYSE: T) is in the communication services sector and is the fourth-largest telecom company in the world. Let’s get a better understanding of the business and its differences from competitors. We’ll then review its earnings report, released on July 24, 2024. We will end with s... Read the Full Story |
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From Our Partners | | Jeff Brown, the analyst who flagged Bitcoin, Tesla, and Nvidia early, is tracking Elon Musk's next move. He points to a new AI project tied to Musk's Cybercab reveal.
Brown says Musk has opened major investment windows before, with PayPal, Tesla, and SpaceX marking milestones in tech history. He believes a fourth may open by October 30. | | See Jeff Brown's full analysis on Musk's new AI project |
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Consumer Staples | |
Lamb Weston (NYSE: LW) share prices got fried after Q4 results were worse than expected. The move shaved 20% off the share price, putting the market near long-term lows, but now is not the time to sell. As bad as the implosion looks, the existing market is capitulating and setting up an attracti... Read the Full Story |
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Technology | |
Despite having been one of the core members of the once famous FAANG group of tech stocks, Netflix Inc (NASDAQ: NFLX) holds the dubious honor of also being the one that fell the hardest from its 2021 peak. A red-hot rally, fuelled by pandemic-era lockdowns, turned to dust in 2022 as the streamin... Read the Full Story |
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From Our Partners | | Forget Nvidia, Google, Amazon, and Microsoft. Jeff Brown says the next major AI opportunity has nothing to do with AI stocks at all.
Some of these AI assets have posted gains of 200%, 318%, and even 467% in 30 days or less, far outpacing Sandisk, 2026's top-performing AI stock, which rose just 10% in the same stretch.
Brown is highlighting five AI plays he believes carry even more upside potential, plus a free bonus pick. | | Click here to see the five AI plays and free bonus pick |
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Consumer Discretionary | |
The answer is that nobody knows. If anyone had a way of timing a new market rotation or rally, there would be a lot more billionaires around. That being said, investors can follow a relatively simple blueprint to position themselves and wait for the potential moves that certain events tend to caus... Read the Full Story |
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Consumer Discretionary | |
Tesla (NASDAQ: TSLA) did not have a bad quarter per se, but many positives are smoke-and-mirrors hiding near-term pain in favor of long-term hope. The company’s core business, selling EVs, is struggling and shows no signs of improvement. Details from that segment include a 7% decline in reve... Read the Full Story |
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Markets | |
Nucor (NYSE: NUE) is a basic materials firm that manufactures steel and steel products. It is the 14th largest firm in the metals and mining industry. Nucor is underperforming its industry so far this year, with a total return of -6.1%. The SPDR S&P Metals & Mining ETF (NYSEARCA: XME) ha... Read the Full Story |
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Industrials | |
United Parcel Service (NYSE: UPS) turned a corner in Q2, but the odds are high that the rebound won’t start soon or will be vigorous when it does. While volume growth is present, for the first time in over two years, it was weak and offset by other factors that suggest an L-shaped recovery... Read the Full Story |
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Technology | |
While today’s market is centering its attention on the technology sector, particularly on stocks that deal with the global growth and adoption of artificial intelligence, like NVIDIA Co. (NASDAQ: NVDA), other areas in the market warrant investor attention.
Subscription-based businesses wi... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Aterian, Inc., together with its subsidiaries, operates as a technology-enabled consumer products company in North America and internationally. Its platform offers home and kitchen appliances; kitchenware; cooling and air quality appliances, such as dehumidifiers; health and beauty products; and essential oils under the Squatty Potty, hOmeLabs, Mueller, Pursteam, Healing Solutions, and Photo Paper Direct brand names. The company primarily serves individual online consumers through online retail channels, such as Amazon and Walmart, as well as through its owned and operated websites and other marketplaces. The company was formerly known as Mohawk Group Holdings, Inc. and changed its name to Aterian, Inc. in April 2021. Aterian, Inc. was founded in 2014 and is headquartered in Summit, New Jersey. | | View Today's Stock Pick |
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