Good MorningEquities head into a pivotal week with the AI rally intact, but the technical picture is sending mixed signals. MACD has diverged from price while stochastics turned overbought, leaving the S&P 500 vulnerable to a near-term pullback before any sustained push toward year-end targets. Breadth is narrowing, and the burden falls squarely on earnings to justify current levels.
Inflation is the macro overhang that won't quit. Both CPI and PPI came in above expectations, with PPI — the forward-looking indicator—the bigger concern. Oil is elevated and supply disruptions show no sign of easing, which effectively takes Fed rate cuts off the table for the foreseeable future. The more pressing question now isn't whether the Fed cuts, but whether it hikes.
The earnings tape is where the action is. Home Depot kicks things off Tuesday with a low bar and solid seasonal tailwinds—a positive surprise here could wake up a beaten-down consumer discretionary sector. Analog Devices reports Wednesday morning as a direct read on the semiconductor supercycle, with strength expected across AI and datacenter end markets. NVIDIA is the main event Wednesday evening; another blowout quarter with hot guidance would reinforce the AI trade and likely pull the broader market higher with it. Walmart follows Thursday as a real-time consumer health check, and Workday closes the week as the highest-beta name on the calendar, deeply depressed and primed to move big in either direction. Traders are watching NVIDIA's guidance language most closely, as it sets the tone for AI infrastructure spending and equity leadership into year-end.
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Finance | |
The retail investing boom delivered platforms that promised to democratize finance. The democratization happened, but investors are now voting no.
SoFi Technologies (NASDAQ: SOFI), Robinhood (NASDAQ: HOOD), and Webull (NASDAQ: BULL) are three of the most prominent names in digital-first platforms f... Read the Full Story |
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Technology | |
Over the past several weeks, semiconductor giant Broadcom (NASDAQ: AVGO) has entered rarified air, with its market capitalization eclipsing $2 trillion. Broadcom is now one of just six companies in the world in this territory, becoming more valuable than giants like Meta Platforms (NASDAQ: META) an... Read the Full Story |
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Markets | |
Spin-offs and mergers may appeal to investors because they can signal a company's efforts to focus its business, realign its operations, or even seek new leadership. In the case of large conglomerates, it can be hard for investors to accurately assess which units might be the most profitable or fas... 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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Technology | |
On May 6, Samsung (OTCMKTS: SSNLF) made history when the South Korean multinational tech conglomerate surpassed a market cap of $1 trillion.
In doing so, the firm became just the second Asian company to accomplish that feat, after Taiwan Semiconductor Manufacturing Company (NYSE: TSM).
As the case ... Read the Full Story |
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Markets | |
Japanese stocks have been an attractive option for investors looking for exposure outside of U.S. stocks. There have been many factors triggering the multi-year run, including corporate governance reform, record shareholder returns, and a weak yen.
The governance overhaul began with Japan's Steward... Read the Full Story |
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From Our Partners | | Elon can't build his satellite network without one key supplier, and he's paid this company since 2012.
His plan for 1,000,000 satellites could multiply that bill significantly, putting this overlooked stock back in focus.
Dylan has circled December 8th as a key date for this pick. | | Claim today's free stock pick before December 8th |
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Energy | |
For those who commute to work, driving by the first gas station of the day may now be a constant source of anxiety. The national average has quickly surged past $4.50 per gallon, a shock to consumers who had been paying less than $3 per gallon as recently as January. With no end to the Iran war in ... Read the Full Story |
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Industrials | |
As the hype surrounding the SpaceX IPO picks up speed ahead of what could be the largest public offering in history, savvy investors may also want to look around at other companies in the broader space (and aerospace/defense) industries. Airlines themselves have experienced significant turbulence s... Read the Full Story |
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Communication Services | |
Alphabet (NASDAQ: GOOGL) has spent the past two years making one bold move after another in the AI race. From the Gemini model family to its 8th-generation TPU architecture, to Google Cloud's explosive 63% revenue growth to a $460 billion cloud backlog, the company has systematically built the wor... Read the Full Story |
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Consumer Discretionary | |
Shares of Peloton Interactive Inc. (NASDAQ: PTON) have been attempting a comeback after hitting a 52-week low in mid-March.
The stock has climbed more than 40% since then, as the market has seemingly begun to buy into the idea that the company’s long-running turnaround effort may finally be gainin... Read the Full Story |
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Utilities | |
Markets were mostly higher this week as investors focused on strong earnings that are keeping the AI trade rolling along. Investors also remain confident that an end to the blockade in the Strait of Hormuz is coming sooner rather than later.
That would take the pressure off inflation, which came in... Read the Full Story |
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Monday's Early Bird Stock Of The Day IonQ, Inc. engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. It also provides contracts associated with the design, development, and construction of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems. The company was founded in 2015 and is headquartered in College Park, Maryland. | | View Today's Stock Pick |
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