Good MorningThe equity market faces new challenges this week. Not only are escalated tensions in the Middle East impacting the outlook, but the FOMC is scheduled to make its subsequent policy adjustment on Wednesday. The committee is not expected to alter its policy, but may indicate when or if its next move will be to lower rates. Inflation is trending in the right direction but remains stubborn, with risks mounting daily. Escalated Middle Eastern tensions have spiked oil prices, positively influencing inflation.
Market attention has begun to turn toward the Q2 earnings reporting cycle. The S&P 500 is expected to have grown earnings in Q2, but the forecasts are diminished compared to earlier in the year. The risk for investors is that the outlook will continue deteriorating, undermining market sentiment. In this scenario, the S&P 500 can move higher, but significant gains are unlikely, and the risk of a correction is significant. Featured: On the verge of FDA trials— this under-the-radar AI stock should be on your radar (Ad) 
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Stocks | | | Calm returned to Wall Street, and U.S. stocks rallied, while oil prices gave back some of their initial spurts following Israel’s attack on Iranian nuclear and military targets at the end of last week Read the Full Story |
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From Our Partners | | Bitcoin just passed Amazon in total market cap — but most investors are missing the bigger opportunity.
While the crowd buys Bitcoin outright, trader Larry Benedict is using a method called “Bitcoin Skimming” to target 6x, 9x, even 22x bigger profits. He reveals how it works in a free video. | | Watch the Bitcoin Skimming strategy here |
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Shares of RH (NYSE: RH) rocketed nearly 20% higher after the company delivered mixed first quarter earnings. Revenue of $814 million missed expectations for $818.1 billion. However, the company posted positive earnings per share of 13 cents. Analysts were expecting negative earnings per share of... Read the Full Story |
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Shares of Alphabet (NASDAQ: GOOGL) are officially back in bull market territory, having surged more than 25% off their 52-week low and reclaimed the key 200-day simple moving average (SMA). While geopolitical tensions, such as Israel’s recent strike on Iran and escalating fears of a b... Read the Full Story |
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From Our Partners | | Leaked: Jobs’ Final Apple Project Exposed
Bloomberg just leaked details of a secret project Steve Jobs set in motion before his death. After more than a decade under wraps, Apple is finally preparing to unleash this breakthrough — one that could reshape a $9 trillion industry overnight. | | Its secret codename… Project Mulberry. |
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Despite receiving only a fraction of the attention of AI-chip designers, Synopsys (NASDAQ: SNPS) is a company deeply important to the semiconductor industry. Synopsys’s electronic automation design (EDA) software is essential to developing these and many other chips, making&nb... Read the Full Story |
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Markets | | | Israel's attack on Iran Friday has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households.Oil and gold surged and the dollar rose as markets retreated, signaling a flight to investments... Read the Full Story |
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Markets | | | Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has reached a truce in its trade fight with China Read the Full Story |
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Small-cap tech company Ouster (NYSE: OUST) just got a huge boost in its share price, courtesy of the United States Department of Defense (DoD). On June 11, Ouster saw its share price rise by 27% after putting out an important press release. The DoD has tested and approved one of the company... Read the Full Story |
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Markets | | | A federal appeals court panel on Friday refused to vacate the approval of the massive Willow oil project on Alaska’s petroleum-rich North Slope though it found flaws in how the approval was reached.The decision from a panel of the 9th U.S. Circuit Court of Appeals comes in a long-running dispute ove... Read the Full Story |
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Stocks | | | Shares of Brazilian meat giant JBS fell 3.9% in as they made their debut Friday on the New York Stock Exchange.Trading in New York has been a long-held goal for JBS, which was founded 72 years ago and is now one of the world's largest meat companies. Half of its annual revenue comes from the U.S., w... Read the Full Story |
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Markets have staged a fierce rally in the last month, led by typical tech giants like NVIDIA, Meta Platforms, Microsoft, and… wait, is that IBM’s music? Yes, International Business Machines Corp. (NYSE: IBM) has been one of the biggest winners lately and is riding a 10-day winning str... Read the Full Story |
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Monday's Early Bird Stock Of The Day J&J Snack Foods Corp. engages in the manufacturing of nutritional snack foods and distribution of frozen beverages to the food service and retail supermarket industries. It operates through the following segments: Food Service, Retail Supermarkets, and Frozen Beverages. The Food Service segment includes soft pretzels, frozen novelties, churros, handheld products, and baked goods. The Retail Supermarkets segment offers soft pretzel products including Superpretzel, frozen juice treats and desserts, including Luigi's real Italian ice, Minute Maid juice bars and soft frozen lemonade, Whole Fruit frozen fruit bars and sorbet, Philly Swirl cups and sticks, ICEE Squeeze-Up Tubes and dough enrobed handheld products including Patio burritos. The Frozen Beverages segment provides frozen beverages to the food service industry primarily under the names ICEE, SLUSH PUPPIE, and PARROT ICE in the United States, Mexico, and Canada, as well as repair and maintenance services. The company was founded by Gerald B. Shreiber in 1971 and is headquartered in Mount Laurel, NJ. | | View Today's Stock Pick |
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