Good MorningWall Street kicked off earnings season on a mixed note as JPMorgan Chase delivered a second-quarter profit of $15 billion, beating expectations on the strength of its markets division even as per-share earnings fell from last year’s levels. CEO Jamie Dimon cautioned investors that growing tariffs and geopolitical risks could cloud the outlook. At the same time, U.S. inflation unexpectedly accelerated to its highest rate since February, reinforcing expectations that the Federal Reserve may keep interest rates elevated for longer.
Equity strategists remain cautiously optimistic despite these headwinds. Goldman Sachs lifted its year-end S&P 500 target to 6,900, citing resilient corporate earnings and highlighting a blend of index stalwarts and off-the-radar growth names. Yet some fund managers are urging clients to rotate out of the Magnificent Seven, including Tesla and Apple, into more cyclically sensitive plays like Broadcom and Oracle. Notably, Tesla marked its long-awaited entry into India with a Mumbai showroom opening, underscoring the automaker’s pursuit of new markets amid rising competition. Featured: Sell these "safe" blue chips immediately (Ad) 
|
Finance | |
There are many takeaways from JPMorgan Chase & Company’s (NYSE: JPM) FQ2 report, but the most noteworthy is a seemingly positive turn in CEO Jamie Dimon’s comments. While still highlighting risks, his remarks have turned from concern about dark clouds on the horizon to those citi... Read the Full Story |
|
From Our Partners | | Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief.
It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live. | | Watch the full story and see the verified track record for yourself |
|
Consumer Discretionary | |
In a recent market update, Goldman Sachs raised its year-end forecast for the S&P 500 (SPX) to 6,900 by year-end, up from a previous ceiling of 6,500, and flagged three stocks investors should have on their radar, including two index stalwarts and one off-the-beaten-path growth opportunity.
A... Read the Full Story |
|
Industrials | |
Fastenal Co. (NASDAQ: FAST) stock is up more than 4.5% in early trading after the company reported a double-beat in its second quarter earnings report. The company delivered a slight beat on both the top and bottom lines. However, the results were more bullish on a year-over-year (YOY) basis.
F... Read the Full Story |
|
From Our Partners | | Moderna's stock doubled in a single day after its cancer vaccine hit key Phase 3 goals, and Merck jumped too. But according to a former Steve Cohen fund manager, the next big opportunity is not Moderna or Merck.
It is a different kind of company tied to a technology already backed by Elon Musk, Sam Altman, Jeff Bezos, and Peter Thiel. Nvidia's Jensen Huang says it will have a dramatic impact on daily life, while Anthropic's CEO believes it could unlock a century of medical progress in just ten years.
Nature Magazine estimates its potential value at $367 trillion globally, and it is already rolling out across the United States. | | Click here to learn about this new era of medical technology |
|
Consumer Discretionary | |
Tesla Inc. (NASDAQ: TSLA) heads into next week's earnings report with a lot riding on the outcome. Shares have surged as much as 70% from their multi-year lows reached in April, and while they've given back some of the gains, they're still up close to an impressive 50%.
With earnings scheduled ... Read the Full Story |
|
Technology | |
For better or for worse, there is now an uncommon indicator that investors can consider when searching for the next big potential move in the stock market: keeping track of what members of the United States Congress are buying or selling for their portfolios. While there is a lot of red tape aroun... Read the Full Story |
|
From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
|
Technology | |
Many investors expect analysts to change their ratings after a company reports earnings. However, in many cases, investors can get clues about a company’s upcoming earnings from analyst activity before the earnings report is released.
If that’s the case, investors should be bullish ... Read the Full Story |
|
Materials | |
As different stocks rise and fall, so do dividend yields, creating a shifting landscape of opportunities for income-oriented investors. Increases in dividend per share (DPS) greatly allow companies to add juice to their total return profile. However, share price movements often have a greater effe... Read the Full Story |
|
Industrials | |
A surge of investor confidence has propelled Joby Aviation (NYSE: JOBY) to new heights in the middle of July. The company’s stock price climbed to reach a new 52-week high of $12.63, capping a run that has seen the electric vertical take off and landing (eVTOL) company’s stock increa... Read the Full Story |
|
Communication Services | |
When it comes to finding upside in the stock market, investors are often better off doing their own homework and analysis. However, in markets like today’s, with technology stock valuations near all-time highs and a lot of ongoing narratives around economic and political developments, it can... Read the Full Story |
|
Markets | |
If there is one thing investors learned this year, it’s that they need to understand how to navigate uncertainty.
From President Trump’s Liberation Day announcements on April 2 and the ensuing market correction, to his 90-day tariff pause announced April 9 and the market’s subse... Read the Full Story |
|
Wednesday's Early Bird Stock Of The Day Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio. | | View Today's Stock Pick |
|
