Good MorningEquity extended their rebounded on Tuesday after a better-than-expected PPI report. The headline PPI came in weaker than expected month-to-month and fell an unexpected 50 basis points compared to last year. However, as good as the headline figures are, the core data remains a problem. Core producer-level inflation accelerated to 3.3% YoY, which does not align with the need for a rate cut.
The S&P 500 gained more than 1.5% on the news, but investors are cautioned that this is likely a relief rally within a downtrend. The FOMC is on track to cut rates but is unlikely to cut as much or as frequently as the market expects. Pent-up demand within the economy will likely accelerate inflation once rates are lowered. Today's CPI data will shed more light on the subject. Featured: Elon Musk Called a Total Fraud in 2018 - Here's What Changed (Ad) 
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Consumer Discretionary | |
On Holdings’ (NYSE: ONON) Q2 results were mixed regarding the analysts' expectations, but that is the only thing to hold against them. The strengthening of the Swiss franc impacts the details, which are still robust in every way and driving the stock price higher.
The critical detail is ... Read the Full Story |
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From Our Partners | | Jeff Brown, founder and CEO of Brownstone Research, says he has uncovered what he calls one of the biggest discoveries of his career tied to the ongoing AI boom.
Brown is pointing to a key date, October 20, and is highlighting five AI-related opportunities outside the traditional stock market that most investors have never heard of. | | Click here to see the full research before October 20 |
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Consumer Staples | |
For most investors, the best fit for their capital is a passive index fund or mutual fund, which outsources their financial future to the hands of the stock market, often the S&P 500. While this is the surefire way to build capital over the long term, another way could provide a faster path to... Read the Full Story |
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Consumer Discretionary | |
Global coffeehouse chain and coffee supplier Starbucks Co. (NASDAQ: SBUX) made a bombshell announcement that it is replacing current CEO Laxman Narasimhan with the current CEO of Chipotle Mexican Grill Inc. (NYSE: CMG) Brian Niccol. The news caused Starbucks shares to surge by 22% in premarket t... 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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Communication Services | |
Small-cap stocks are interesting again because the upcoming FOMC interest rate cuts are expected to reinvigorate risk-on appetite as economic headwinds diminish and business quality improves. Stocks with insider buying are interesting because insider activity often signals an opportunity for inves... Read the Full Story |
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Consumer Discretionary | |
The recent market turbulence has left many investors and spectators on the sidelines, questioning whether now is the time to invest in some of the most prominent names in the stock market.
After a significant double-digit decline from its 52-week highs, the market (SPY) has shown signs of resili... 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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Consumer Discretionary | |
Home Depot (NYSE: HD) is a high-quality business in no danger of failure, but its stock price will likely head lower now that the Q2 results and guidance are in. The guidance was improved, but factors including acquisitions, organic declines, and cautionary statements raise serious doubts about ... Read the Full Story |
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Technology | |
After a golden first half of the year, investors have been getting a crash course in what gravity feels like from the stock market these past few weeks. A combination of poor job numbers and an increase in interest rates from Japan combined to give equities some of their worst sessions and weeks i... Read the Full Story |
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Technology | | Earnings season is the time when stocks make large price swings based on how the market perceives their earnings reports. Earnings reports are the most materially impactful news events for stocks. Traders, speculators, and gamblers regularly place their bets with stock options, hoping for the big pr... Read the Full Story |
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Technology | |
Qualcomm (NASDAQ: QCOM) is a well-established tech sector company with a long history of success. While investors might remember the company as a powerhouse during the earliest days of the cellphone era, the company has since shifted its focus to become a leader in the artificial intelligence (A... Read the Full Story |
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Healthcare | |
It’s not a sector as red-hot as artificial intelligence, but pet stocks warrant investor attention in 2024. According to PetExec, U.S. households spend over $136 billion per year on their pets. This spending has increased nearly every year for the past 20 to 30 years. That trend shows no sig... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; and flexible workspace solutions for owners. It also provides tenant representation leasing; and global corporate services consisting of workplace and occupancy strategy, energy and sustainability services, technology, project management, real estate and lease administration, and facilities management. The company offers its services to commercial real estate tenants, investors, owners, occupiers, and developers; lenders; small and medium size businesses; and multi-national corporations. The company was formerly known as Newmark Grubb Knight Frank Capital Group and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York. Newmark Group, Inc.operates is a subsidiary of Cantor Fitzgerald, L.P. | | View Today's Stock Pick |
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