Good MorningOn Wednesday, the S&P 500 churned within a tight range as traders wrestled with earnings season and the FOMC policy meeting expectations. The earnings reports were led by Disney, which outperformed and raised guidance despite headwinds within the macroeconomy. Likewise, a report from Advanced Micro Devices after the bell on Tuesday aided sentiment on Wednesday, affirming the outlook for AI spending.
The FOMC came and went largely as expected. The committee did not cut rates and indicated it could cut at future meetings. However, any hopes for a preemptive cut were dashed when committee chief Jerome Powell said it could not be preemptive and current data did not warrant one. Among the critical changes in the statement is the increase in uncertainty that may lead to cuts, or not, down the road. The takeaway for investors is that market uncertainty is at its maximum in early May and unlikely to subside soon. This sets the market up for another sell-off should bad news emerge, but equally so for a substantial rally on good news, and increased volatility until geopolitical conditions stabilize. Featured: Elon’s Terrifying Warning Forces Trump To Take Action (American Hartford Gold) 
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Markets | | President Donald Trump agreed Thursday to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal but played down the possibility of other nations getting similarly favorable terms on his import taxes, which are roiling the global economy.Under the framework agreement, the United Kingd... Read the Full Story |
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Markets | | U.S. stocks rose Thursday after the United States and United Kingdom announced a deal on trade that would lower some tariffs between the two countries, the first of what Wall Street hopes will be enough agreements to keep a recession from hitting the economy.The S&P 500 climbed 0.6% for its 11th... Read the Full Story |
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The market is one big interconnected machine. Long gone are the days (for better or for worse) of having to track and trade one market at a time and not needing to understand what exactly made that asset or individual stock move in the first place. Today’s market is a bit different, and trad... Read the Full Story |
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From Our PartnersMedical mistakes cost lives, but this new tech aims to help prevent them by supporting physicians to detect patterns and diagnose conditions faster than ever. With top institutions already on board, this could be the next big revolution in patient care. Are you ready for what's next? | | Find out why experts are watching this AI play. |
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Markets | | The Bank of England is cutting its main interest rate by a quarter of a percentage point to 4.25% amid concerns over the potential shock to global growth emanating from the tariff policies of the Trump administration Read the Full Story |
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The size of the global cloud computing market is expected to roughly double from 2023 to 2028, reaching nearly $1.3 trillion by the end of that five-year period. Demand for cloud computing continues to surge, and the companies that make this technology possible—data centers, platform op... Read the Full Story |
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The Walt Disney Company (NYSE: DIS) gave the market a jump start by delivering a beat and raise earnings report before the market opened on May 7.
The company pointed to strength at its iconic theme parks as well as a jump of over one-million subscribers to its Disney+ streaming service.
... Read the Full Story |
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Markets | | Long-haul carrier Emirates reported on Thursday that it earned annual profits of $5.2 billion, with the state-owned firm declaring itself the world's most profitable airline as global aviation fully returned to flight after the disruption caused by the coronavirus pandemic.The profits came as the Du... Read the Full Story |
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After President Trump rolled out the trade tariffs in the United States, the S&P 500 went on a path lower, even breaching the Wall Street definition of a bear market (a 20% decline or more from recent highs). That seemed to give many agents in the market enough reason to start buying the ... Read the Full Story |
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Markets | | An Environmental Protection Agency plan to eliminate its Energy Star offices would end a decades-old program that gave consumers a choice to buy environmentally friendly refrigerators, dishwashers and other electronics and save money on electric bills, consumer and environmental groups said. The cha... Read the Full Story |
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Healthcare | | Over the past twenty years, we’ve seen remarkable growth in women's leadership.
While women now lead everything from tech giants to international banks, they remain significantly underrepresented in the most powerful corporate positions.
To highlight those changing this narrative, we r... Read the Full Story |
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Thursday's Early Bird Stock Of The Day TransMedics Group, Inc., a commercial-stage medical technology company, engages in transforming organ transplant therapy for end-stage organ failure patients in the United States and internationally. The company offers Organ Care System (OCS), a portable organ perfusion, optimization, and monitoring system that utilizes its proprietary and customized technology to replicate near-physiologic conditions for donor organs outside of the human body. Its OCS includes OCS LUNG for the preservation of standard criteria donor lungs for double-lung transplantation; OCS Heart, a technology for preservation of DBD donor hearts deemed unsuitable due to limitations of cold storage and for ex vivo reanimation, functional monitoring, and beating-heart preservation of donation-after-circulatory-death hearts; and OCS Liver for the preservation of DBD and DCD of donor livers. The company also developed national OCS program, a turnkey solution for outsourced organ retrieval; and provides OCS organ management and logistics services, including aviation and ground transportation, and other coordination activity. The company was founded in 1998 and is headquartered in Andover, Massachusetts. | View Today's Stock Pick |
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