Good MorningEquity markets sold off after an as-expected CPI report but regained footing, rebounded, and moved higher before the close. The takeaway is that the FOMC remains on track to cut interest rates, the economy is on track for a soft landing, the market is amid a sector rotation, and volatility should be expected over the coming weeks. The next hurdle will come soon with the FOMC's September policy statement, which may disappoint because the market continues to price in a high chance for aggressive rate cuts. Based on the latest data, about 100 basis points worth of cuts by the year's end, which is unlikely given the economic data.
The Q3 earnings season is approaching and may be less than the market hoped. Banker JPMorgan Chase & Company's caution amounts to reduced guidance for NII and expenses, a key driver of revenue and earnings that could impact other banks. The risk is that earnings weakness will impact sectors aside from banking and undercut the outlook for the year. Featured: He started with $2,000. Now he's at $3 million. (Ad) 
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Healthcare | |
Alnylam Pharmaceuticals (NASDAQ: ALNY) stock price action has been volatile but is uptrending and has gained 100% in the last two years. The uptrend is driven by increasing expectations for market-disrupting heart treatment and could double the price again. The latest action has the market up more... 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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Markets | |
The reading of August CPI data led the market to sell off because it was as expected. As much hope as there was for aggressive interest rate cuts this year, the FOMC would unlikely follow through on them because underlying economic data remains solid, and deep in the market’s heart, it knows... Read the Full Story |
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Consumer Discretionary | |
GameStop (NYSE: GME) posted another smoke-and-mirrors quarter, resulting in a normal market response: a fall. The results reveal a company trying hard to turn itself around but failing miserably and eating itself to death at shareholder expense—insufficient news to spark another meme-quality... Read the Full Story |
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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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Markets | | The goal of many dividend investors is to create a stable portfolio of companies that provide consistent distributions for the foreseeable future. And when it comes to paying dividends consistently, dividend aristocrats and dividend kings represent the best of the best. These companies have long his... Read the Full Story |
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Finance | |
When the market gets too long or too short in any given set of stocks or asset classes, investors must eventually watch out for the changing tides. Just like anything that is priced openly to the public, stocks that run out of buyers will need to see lower prices to attract new business, just like... 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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Communication Services | |
The S&P 500 index has experienced increased volatility lately, which will cause money to shift in a few select ways as a reaction. This is often called a flight to safety, or risk-off, a way to keep capital safer in places that experience less volatility and risks in business models. Most inve... Read the Full Story |
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Healthcare | |
The fear of an economic recession has been ever prevalent for years. Investors constantly wonder how to protect their portfolios in the event of a recession. Certain industries have historically and logically shown to be recession-resistant because they are essential.
Healthcare is a necessity re... Read the Full Story |
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Markets | |
The stock market can feel like a roller coaster, especially during economic uncertainty. As fears of a recession increase, investors seek stability and look for investments that can weather the storm and offer a sense of security. That's where defensive stocks start to shine. Defensive stocks are ... Read the Full Story |
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Technology | |
SentinelOne Inc. (NYSE: S) is a cybersecurity company that provides an artificial intelligence (AI)-powered autonomous cybersecurity platform. Its Singularity XDR cloud-native platform offers many competitive advantages to competitors in the computer and technology sector, such as CrowdStrike Hold... Read the Full Story |
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Technology | |
Unity Software Inc. (NYSE: U) is a leading platform used by software developers to create and manage real-time 3D content. Its core product is the Unity game engine, which video game developers use to create video games and interactive and immersive entertainment. Unity's game engine is used in ne... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Canoo Inc., a mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States. the company utilizes its multi-purpose platform architecture, a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an electric vehicle, including its in-house designed proprietary electric drivetrain, battery systems, advanced vehicle control electronics and software, and other critical components. It offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups; battery modules; and engineering services. In addition, the company provides digital ecosystem, a suite of products and software tools comprising CanooHub, a web-based fleet management portal; driver mobile app for real-time vehicle status and access to remote commands; vehicle human machine interface that encompasses vehicle controls, customizable settings, range mode, cruise control, vehicle alerts, camera feeds for safety and connectivity, such as cellular, Wi-Fi and Bluetooth, as well as data and analytics infrastructure. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California. | | View Today's Stock Pick |
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