Good MorningEquity markets reverted to selling on Wednesday after the White House announced it would soon reveal a new slate of tariffs aimed at automobiles. The S&P 500 shed 1.25% at the session's low, confirming resistance at the 150-day EMA and increasing the chances the Q1 pullback could extend to 20% or more. Tech stocks, including NVIDIA and Tesla, were among the loss leaders and shed about 6% each.
Thursday's trading may not be better. The market is in wait-and-see mode with inflation, and a critical read is due tomorrow. The PCE price index is expected to show inflation accelerate at the core level, an event likely to spur market fear to new heights. The FOMC is unlikely to cut interest rates with inflation accelerating, increasing the risk of a recession. Featured: What Trump’s planning next (Porter & Company) 
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Markets | | | Drops for Nvidia, Tesla and other former superstars dragged Wall Street lower on Wednesday.The S&P 500 sank 1.1% to break what had been a run of calmer trading. The Dow Jones Industrial Average swung from a gain of 230 points in the morning to a loss of 132 points, or 0.3%, while the weakness fo... Read the Full Story |
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Markets | | | Wall Street edged lower Thursday after getting pulled in opposite directions as President Donald Trump’s latest tariff escalation creates winners and losers among auto stocks.The S&P 500 slipped 0.3% after drifting between small gains and losses several times through the day. Better-than-expect... Read the Full Story |
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Carnival Corporation (NYSE: CCL) stock will cruise to higher price points in 2025 because it is outperforming its guidance, exhibits robust business momentum, produces ample cash flow, and reduces its debt faster than expected. The combination has the company on track to reach its goals a full y... Read the Full Story |
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From Our PartnersA gold project is expanding fast, and with industry heavyweights involved, the potential is significant. With experienced leadership, big news on the way and gold prices at all time highs, you don't want to miss this. | | | | Discover the full story. |
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Shares of Qualcomm Inc. (NASDAQ: QCOM) closed at $160 on Tuesday night, once again hovering above a key long-term support level of around $150. This area has acted as a technical launchpad for the stock several times since last summer, and it’s looking like it may do so again. Every tim... Read the Full Story |
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Alphabet (NASDAQ: GOOGL), Google's parent company, has had a challenging start to the year, with its stock down nearly 10% YTD as of Tuesday’s close.
This decline follows a broader trend of U.S. equities correcting in the first quarter as capital has shifted away from high-growth tec... Read the Full Story |
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Markets | | | Copper prices have hit record highs as an ongoing trade war between the U.S. and its key trading partners threatens to squeeze supplies of the vital metal.Buyers in the U.S. have been stocking up on copper ahead of potential tariffs. Future prices for the base metal's most traded contract rose to $5... Read the Full Story |
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Markets | | | President Donald Trump’s crypto empire is expanding with the recent announcements of a new dollar-backed stablecoin and investment funds for digital assets. The moves are the latest in the norm-defying ways the president has leaned into crypto projects that could significantly boost his personal wea... Read the Full Story |
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Shares of Tesla Inc. (NASDAQ: TSLA) have staged a remarkable rally over the past two weeks, climbing more than 30% after losing over half their value since December. At $288 as of Tuesday night, the stock has begun to claw back ground that many feared was permanently lost.
The sell-off, driv... Read the Full Story |
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Markets | | | The British economy will only grow by 1% this year, half the rate previously anticipated, Treasury chief Rachel Reeves conceded Wednesday in a statement to lawmakers about the state of the public finances that saw her trim spending so she could meet her self-imposed borrowing rules.Against that slug... Read the Full Story |
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The energy sector is constantly evolving, and investors are continually searching for companies that can deliver reliable income and solid growth prospects. Recently, Energy Transfer LP (NYSE: ET), a major player in the midstream energy space, has seen a significant upswing in positive sentiment f... Read the Full Story |
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Thursday's Early Bird Stock Of The Day SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant. The company's products also include CaiNET software that uses machine learning to enhance how domains work together to handle queries; CaiLAN software that arbitrates responses so users get answers from the right domain; Dynamic Interaction a real-time, multimodal customer service interface; Smart Ordering which offers an easy-to-understand voice assistant for restaurants; Employee Assist; automatic speech recognition; natural language understanding; wake words; custom domains; text-to-speech; and embedded voice solutions. The company was founded in 2005 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
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