Good MorningThe equity markets continue to drift in the face of growing uncertainty. Not only is the fate of the American economy in question but so is the expectations for earnings. The Q4 earnings season is expected to show a sequential improvement from the prior period which is a good thing. The bad news is that the consensus estimates have trailed prices and has the market set up to beat a very low bar. If the average S&P 500 company doesn’t beat consensus by a wide enough margin profit-taking and correction could begin.
Tech shares led in Wednesday’s action with the Intel posting the largest gains. The company says its long-time CEO will be stepping down after years of sluggish growth and market share loss. The incoming CEO is expected to revitalize the world’s largest independent microchip manufacturer, recapture lost revenue, and put the company back on a path to growth.
Featured: The Small Cap that Could Pay Off Your Mortgage (BehindtheMarkets) |
Politics | | Asian stock markets were mixed Wednesday after Wall Street rebounded, shrugging off uncertainty about a possible new attempt to impeach President Donald Trump over last week's attack on the U.S. Capitol.
Tokyo, Australia and South Korea advanced while Shanghai and Hong Kong declined.
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Politics | | Global stocks were mixed Wednesday after Wall Street rebounded, shrugging off uncertainty about a possible new attempt to impeach President Donald Trump over last week's attack on the U.S. Capitol.
London and Frankfurt opened little-changed. Tokyo, Sydney and Seoul advanced. Shanghai ... Read the Full Story |
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Markets | | Electric vehicle (EV) manufacturer Arcimoto, Inc. (NASDAQ: FUV) stock is starting to awake after a month long range bound price compression. The momentum in EV stocks continues to accelerate as Tesla (NASDAQ: TSLA) shares continue to make new all-time highs Read the Full Story |
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We call that algorithm the IdeaEngine and its stock ideas are published on MarketBeat All Access every Monday morning. We make one IdeaEngine idea available free every Monday as an SMS alert. We’ll be releasing the first IdeaEngine alert on Monday morning, so make sure you are signed up before then. | Get MarketBeat’s Free Weekly IdeaEngine Stock Pick |
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Politics | | North Korean leader Kim Jong Un vowed all-out efforts to bolster his country’s nuclear deterrent during a major ruling party meeting where he earlier laid out plans to work toward salvaging the broken economy Read the Full Story |
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Markets | | California-based electric vehicle (EV) manufacturer Canoo Holdings Ltd. (NASDAQ: GOEV) stock went public through reverse merger on Dec. 22, 2020. Shares are just starting to solidify a base after collapsing nearly (-50%). Read the Full Story |
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Markets | | That’s why investors should be looking to buy a company like Skillz Inc (NYSE:SKLZ) at this time, as it’s the first publicly-traded mobile esports platform. Let’s take a deeper look at Skillz Inc below. Read the Full Story |
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Tech | | In a story Jan. 8, 2021, about France’s reaction to the U.S. suspension of tariffs over a French digital tax, The Associated Press erroneously reported that the U.S. tariffs would have targeted French wine, among other products Read the Full Story |
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Politics | | The sun’s golden rays fall on Goa’s smooth, sandy beaches every evening, magical as ever but strangely quiet and lonely. This holiday season, few visitors are enjoying the celebrated sunsets in the Indian party hotspot.
The unspoken fear of the coronavirus is sapping Goa’s vibrant bea... Read the Full Story |
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Markets | | Acacia Communications: A Component Worth More Than The Total
Acacia Communiciations, Inc (NASDAQ:ACIA) made big headlines a week or so ago when it terminated a take-over offer from Cisco (NASDAQ:CSCO). The deal was set to close within the current quarter but Acacia pulled the plugged stating Cisco ... Read the Full Story |
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Markets | | BlackRock (NYSE: BLK), the largest asset manager in the world, has more than $7.8 trillion in assets under management (AUM). Nearly two-thirds of that figure is tied to index funds and exchange traded funds (ETFs). Read the Full Story |
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The Early Bird Stock Of The Day The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential. The Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment, such as horizontal directional drills, walk and ride trenchers, stand-on skid steers, vacuum excavators, stump grinders, turf renovation products, asset locators, pipe rehabilitation solutions, materials handling equipment, and other after-market tools; and snow and ice management equipment, such as snowplows, as well as stand-on snow and ice removal equipment, such as snowplow, snow brush, and snow thrower attachments, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders. This segment also provides irrigation and lighting products that consist of sprinkler heads, electric and hydraulic valves, controllers, computer irrigation central control systems, coupling systems, and ag-irrigation drip tape and hose products, as well as professionally installed landscape lighting products offered through distributors and landscape contractors. The Residential segment provides walk power mowers, zero-turn riding mowers, snow throwers, replacement parts, and home solution products that include grass and hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, hoses, and hose-end retail irrigation products. It sells its products through a network of distributors, dealers, mass retailers, hardware retailers, equipment rental centers, home centers, and online. The company was founded in 1914 and is headquartered in Bloomington, Minnesota. | View Today's Stock Pick |
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