Markets
Tech Roars as Palantir Jumps 29%; Nasdaq Proxy Gains 3.4%
A technology-led rally lifted all three major index proxies Tuesday, with chipmakers and Palantir driving the Nasdaq higher while defensive sectors slipped.
Latest News
Economy
Investors Eye Inflation Report
Markets are positioning ahead of a key consumer price reading due Friday.
Stocks
Live Nation Entertainment Stock: The Best Summer Concert Deal In Town?
Live Nation (LYV) shares are down around 15% from its 2024 peak, largely due to concerns regarding a new antitrust probe. According to reports from the Wall Street Journal, the U.S. Justice Department is gearing up to file an antitrust lawsuit against the owner of Ticketmaster, Live Nation, citing a
Stocks
United Airlines Sees Smoother Air Ahead As Its Stock Surges
Shares of United Airlines (UAL) surged over 17% following the release of better-than-expected first-quarter financial results. Should the world’s leading airliner, measured by destinations, maintain its upward trajectory this month, it will mark its first six-month winning streak since 2016. United’
Markets
3 Dividend Stocks With Yields Better Than Fixed-Income Investments
If there’s one silver lining to higher interest rates, it’s the clarity they bring in defining what qualifies as a high-yield dividend stock. When monetary policy kept interest rates close to zero percent, it was tough for savers who had limited options besides investing in stocks to get any kind of
Earnings
3 Large Cap Retail Reports To Watch In April 2024
In the retail sector, fourth-quarter earnings reports are challenging acts to follow. This period includes the busiest shopping days of the entire year, including Black Friday and Cyber Monday. However, this doesn’t diminish the value of first-quarter retail sales data for investors. In fact, the Ja
Stocks
GPC Stock Be A Winner As inflation Hits Auto Repair
At first glance, there was nothing too remarkable about the Genuine Parts (NYSE:GPC) earnings report. The auto parts company gave a mixed report with earnings per share (EPS) coming in slightly higher than analysts’ expectations and revenue coming in slightly lower. But what investors shouldn’t be t
Economy
Treasury Bond Yields Are Rising…But These Dividend Kings Pay More
2024 was expected to be the year when interest rates would start falling in the first quarter. However, the Federal Reserve is now signaling it is under no economic pressure to cut rates at all while some analysts are even modeling rates to move higher as inflation remains difficult to tame. On Tues
Markets
2 Data Center REITs Riding The Digital Tech Wave
According to the Bureau of Economic Analysis (BEA), the digital economy has grown to $2.6 trillion market and now represents 10% of the entire U.S. gross domestic product (GDP). This growth was fueled by the integration of advanced technologies such as e-commerce, cloud computing, data analytics, an
Markets
3 Oversold Shipping Stocks That Could Stay Afloat
The dry bulk shipping industry is volatile in the best of times but the past five years have been particularly challenging. The global pandemic and escalating geopolitical tensions, coupled with the recent catastrophic collapse of Baltimore’s Francis Scott Key bridge has only added to the industry’s
Stocks
Microvast May Need More Juice To Reward Patient Investors
Microvast (NASDAQ:MVST) is an overlooked player in the electric vehicle ecosystem. The company operates as a vertically integrated manufacturer of lithium-ion batteries and satisfies a vital role across various stages of battery production. The company caters to a diverse customer base that includes
Stocks
Constellation Brands Stock Rises As Modelo Stars As Top Beer
On April 11, Constellation Brands (STZ) reported fiscal 2024 fourth-quarter results that impressed investors. The global producer of beer, wine, and spirits reported profits that not only surpassed Wall Street’s expectations, but also provided a glowing outlook for the current year. This news drove
Stocks
Is the CarMax Stock Wreck An Opportunity?
CarMax (KMX) investors are concerned, as evidenced by a significant drop in the company’s stock. Last week, shares of the nation’s largest used car retailer fell more than 12% following a disappointing quarterly update. This decline not only wiped out a strong start to 2024 but also placed the stock
Markets
Markets
Tech Roars as Palantir Jumps 29%; Nasdaq Proxy Gains 3.4%
A technology-led rally lifted all three major index proxies Tuesday, with chipmakers and Palantir driving the Nasdaq higher while defensive sectors slipped.
Markets
Stocks Open August With Broad Rally as Tech and Communications Lead
The S&P 500, Dow, and Nasdaq-tracking funds all advanced Monday, powered by megacap technology and communication names, while energy was the lone notable drag.
Markets
Tech Megacaps Lead a Broad Market Rally
Markets Edge Higher as Tech Leads
Major indexes ticked up Thursday, powered by gains in large-cap technology shares.
Oil Prices Slip on Supply Data
Crude retreated after inventories rose more than analysts forecast.
Gold Hits Record as Investors Seek Safety
The precious metal climbed to an all-time high amid lingering uncertainty.
Earnings
Earnings
Nvidia Earnings Beat Sends Chips Rallying
The chipmaker topped estimates again, lifting the broader semiconductor group.
Earnings Season Kicks Off Strong
Early reports beat expectations, lifting sentiment across several sectors.
Earnings
3 Large Cap Retail Reports To Watch In April 2024
In the retail sector, fourth-quarter earnings reports are challenging acts to follow. This period includes the busiest shopping days of the entire year, including Black Friday and Cyber Monday. However, this doesn’t diminish the value of first-quarter retail sales data for investors. In fact, the Ja
Economy
Treasury Yields Climb as Traders Reprice Rate Cuts
Bond yields rose as investors dialed back expectations for near-term easing.
Retail Sales Surprise to the Upside
Consumer spending came in stronger than forecast, easing slowdown fears.
Fed Holds Rates Steady
The central bank left its benchmark rate unchanged and signaled patience on future moves.
Investors Eye Inflation Report
Markets are positioning ahead of a key consumer price reading due Friday.
Economy
Treasury Bond Yields Are Rising…But These Dividend Kings Pay More
2024 was expected to be the year when interest rates would start falling in the first quarter. However, the Federal Reserve is now signaling it is under no economic pressure to cut rates at all while some analysts are even modeling rates to move higher as inflation remains difficult to tame. On Tues
Stocks
Stocks
Live Nation Entertainment Stock: The Best Summer Concert Deal In Town?
Live Nation (LYV) shares are down around 15% from its 2024 peak, largely due to concerns regarding a new antitrust probe. According to reports from the Wall Street Journal, the U.S. Justice Department is gearing up to file an antitrust lawsuit against the owner of Ticketmaster, Live Nation, citing a
Stocks
United Airlines Sees Smoother Air Ahead As Its Stock Surges
Shares of United Airlines (UAL) surged over 17% following the release of better-than-expected first-quarter financial results. Should the world’s leading airliner, measured by destinations, maintain its upward trajectory this month, it will mark its first six-month winning streak since 2016. United’
Stocks
GPC Stock Be A Winner As inflation Hits Auto Repair
At first glance, there was nothing too remarkable about the Genuine Parts (NYSE:GPC) earnings report. The auto parts company gave a mixed report with earnings per share (EPS) coming in slightly higher than analysts’ expectations and revenue coming in slightly lower. But what investors shouldn’t be t
Stocks
Microvast May Need More Juice To Reward Patient Investors
Microvast (NASDAQ:MVST) is an overlooked player in the electric vehicle ecosystem. The company operates as a vertically integrated manufacturer of lithium-ion batteries and satisfies a vital role across various stages of battery production. The company caters to a diverse customer base that includes
Stocks
Constellation Brands Stock Rises As Modelo Stars As Top Beer
On April 11, Constellation Brands (STZ) reported fiscal 2024 fourth-quarter results that impressed investors. The global producer of beer, wine, and spirits reported profits that not only surpassed Wall Street’s expectations, but also provided a glowing outlook for the current year. This news drove
Stocks
Is the CarMax Stock Wreck An Opportunity?
CarMax (KMX) investors are concerned, as evidenced by a significant drop in the company’s stock. Last week, shares of the nation’s largest used car retailer fell more than 12% following a disappointing quarterly update. This decline not only wiped out a strong start to 2024 but also placed the stock