Good MorningStocks bounced above and below the breakeven point over 100 times before closing with a small gain on Monday. This continued the upward trend that put the three major indexes posting monthly gains of over 3%.
Earnings season is in full swing, but investors will largely be waiting to hear from Apple this week. The tech giant reports after the market closes on Thursday. It's hard to understate the importance that Apple has on the market. To borrow a phrase, when Apple sneezes, the market catches a cold. At the same time, if Apple delivers strong results, it will likely add fuel for the bulls.
Investors are also waiting on the July jobs report, which will be out on Friday. A hotter reading will support the idea of the Federal Reserve raising interest rates in the fall. On the other hand, a cool reading will stoke concerns about inflation, which is likely to rise with higher oil prices.
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Markets | | | Global shares were trading mixed Tuesday, as market optimism set off by a Wall Street rally was balanced by lingering worries about inflation and regional growth. France's CAC 40 shed 0.1% to 7,487.17 in early trading, while Germany's DAX fell 0.2% to 16,408.78. Britain's FTSE 100 inched up less tha... Read the Full Story >> |
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Markets | | | It’s been a banner year for the benchmark indexes like the Nasdaq 100 Invesco QQQ ETF (NASDAQ: QQQ), which is up 45%, despite the special rebalancing, or the S&P 500 index SPDR S&P 500 ETF Trust (NYSEARCA: SPY) up 20% year-to-date (YTD). The Russell 2000 Small-Cap index iShares Russe... Read the Full Story >> |
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Markets | | | ONSemi (NASDAQ: ON) is on target for new highs in 2023, but the move may not come immediately. The market is up a solid 3% following the Q2 results and guidance for Q3, but the market may have reached a near-term top. The #1 reason is the analysts. The analysts support the market, but the Q2 stren... Read the Full Story >> |
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Stocks | | | Artificial intelligence (AI) has hit the mainstream with fervor. Specifically, generative AI has gone viral with the explosion in ChatGPT users. However, that may have hit a peak as traffic started to unwind in June 2023 as ChatGPT traffic fell off for the first time since its launch. AI is still ev... Read the Full Story >> |
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Markets | | | Social media platform Snap Inc. (NYSE: SNAP) stock was pummeled (again), falling over 20% after releasing its Q2 2023 earnings report. The company continues to lose money amid declining revenues despite growing its daily active users (DAUs) by 14% to 397 million. The company has been trying to tak... Read the Full Story >> |
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Markets | | | Satellite TV and wireless provider DISH Network Co. (NASDAQ: DISH) stock surged higher on news of a partnership to sell mobile services to Amazon Prime members. DISH is one of the few mainstream satellite TV and broadband providers. Its niche is providing broadband services to rural, underserved and... Read the Full Story >> |
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Markets | | | I was just relaxing on the hotel balcony listening to the ocean. Enjoying a moment of connecting with myself and nature, I was fully present in the here and now. The sound of the waves crashing against the shore created a soothing rhythm, and I noticed that my heartbeat began to sync with the sound.... Read the Full Story >> |
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Markets | | | There's been no shortage of drama with Elon Musk's takeover of the platform formerly known as Twitter — and now it looks like the rebranding of his purchase to X is not exactly scathe-free, either.Upon the launch of X, Musk erected a massive, light-up version of the company's logo on the top of its ... Read the Full Story >> |
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Markets | | | Zippia reports that there are more than 70 million freelancers in the U.S. alone. If you run your own freelance business or agency, that's a lot of competition for the best clients, and any lost time might mean a lost job.A new AI tool may help you streamline your outreach process and improve your c... Read the Full Story >> |
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Markets | | | It looks like 81-year-old Carl Ruderman, the former CEO of short-term business loan company 1 Global Capital, might be saying goodbye to a luxurious retirement.Ruderman has been indicted on charges of wire fraud, conspiracy to commit wire and mail fraud, and conspiracy to commit securities fraud — m... Read the Full Story >> |
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The Early Bird Stock Of The DayTuesday: Stock Being Upgraded Domino's Pizza, Inc., through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino's brand name through company-owned and franchised stores. It also provides oven-baked sandwiches, pasta, boneless chicken and chicken wings, bread and dips side items, desserts, and soft drink products. Domino's Pizza, Inc. was foun... | | View Today's Stock Pick |
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