Good MorningThe S&P 500 had its worst day in weeks on Tuesday as the market gears up for the peak of earnings season. So far, the average S&P 500 company has beaten its consensus estimate for earnings growth but by a smaller margin than in past quarters. This situation is leading the market to reprice and that isn’t being helped by the inflation picture. The theme of the season so far is rising commodity prices and the upward impact on prices for consumer goods
Wednesday’s action may be more of the same. There are a few key earnings reports including one from Verizon. The mobile communication company is expected to report before the bell and could drag the market lower. Later this week reports from Chipotle Mexican Grill and Whirlpool may move the market and there is some economic data on tap. The Index of Leading Indicators is due out on Thursday and a key read on Manufacturing is due on Friday.
Featured: Jeff Bezos, Goldman Sachs and a Big Pharma giant have invested billions into this stock. (BehindtheMarkets) 
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Markets | | | News catalysts are often behind big stock price moves, and that’s certainly been true for companies like Moderna (NASDAQ: MRNA), Regeneron Pharmaceuticals (NASDAQ: REGN) and Novavax (NASDAQ: NVAX), which make coronavirus vaccines and treatments.
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Tech | | | Shares skidded in Asia on Wednesday after Wall Street closed lower for a second straight day, led by drops in technology companies and banks.
Worsening coronavirus outbreaks in Asia have cast a shadow over prospects for a rebound from the pandemic. Tokyo’s Nikkei 225 fell more than 2%... Read the Full Story |
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Markets | | | Shares rose Wednesday in Europe and U.S. futures edged higher as corporate earnings took the spotlight after a day of declines in Asia.
Germany's DAX gained 0.4% to 15,189.03 and the CAC 40 in Paris jumped 0.7% to 6,206.80. Britain's FTSE 100 added 0.7% to 6,905.16. Wall Street looke... Read the Full Story |
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From Our PartnersThe Awakening is starting right now. Find out why PayPal just joined the wealth-creating tsunami that is about to surge through the economy in 2021. The last time such a major market event happened, it minted 18,000 new millionaires. | | Here's the story. |
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Politics | | | Aid workers and activists are warning Myanmar's political upheavals could cause a regional refugee crisis as the strife following a February coup displaces growing numbers of people who have lost their livelihoods Read the Full Story |
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Steel Dynamics (NASDAQ:STLD) stock is up 38% this year and trading at a record high. There may be plenty more where that came from.
One of the country's leading steel producers, Steel Dynamics stands to benefit from favorable supply and demand dynamics that have sent steel prices to record levels... Read the Full Story |
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From Our PartnersThey called the 2020 crash 45 days early. Nobody expects what they're predicting now... | | Learn more here! |
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Tech | | | Australia’s prime minister has proposed spending an extra $417 million on hydrogen and carbon sequestration projects, seeking to burnish his government’s green credentials ahead of a climate summit to be hosted by President Joe Biden Read the Full Story |
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Churchill Downs (NASDAQ:CHDN) will report first-quarter 2021 earnings on April 21 after the market closes. The company that is most known for its iconic horse racing event and facility, has become a significant player in the online and on-site gaming sectors. The company continues to have aggressi... Read the Full Story |
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Tech | | | Germany's top court has refused to issue an injunction blocking the country's participation in the European Union's 750 billion-euro (more than $900 billion) coronavirus recovery fund, clearing the way for the launch of the fund and its common borrowing aimed at supporting green and digital economic... Read the Full Story |
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Markets | | | Long-term care and mortgage Insurer Genworth Financial (NYSE: GNW) stock has been trapped in a tight trading range for the past four years under the proposed $5.43 acquisition deal by China Oceanwide (COW). Read the Full Story |
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Markets | | | Dividend Growth Is The Key To Dividend-Growth Investing
There are companies that are growing, growing companies that pay dividends, and growing companies that pay dividends with a high expectation of increasing their dividend every year. Of those, we prefer the third group although each has s... Read the Full Story |
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The Early Bird Stock Of The Day Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices. Its audio technologies also include DD, a digital audio coding technology that provides multichannel sound to applications; DD+, a digital audio coding technology that offers audio transmission for a range of media applications and devices; Dolby TrueHD, a digital audio coding technology providing encoding for media application; Dolby Vision, an imaging technology for cinema and media devices; and HEVC, a digital video codec with high bandwidth efficiency for media devices. In addition, the company offers digital cinema servers, cinema processors, amplifiers, loudspeakers, and audio and imaging hardware and software products for the cinema, television, broadcast, communication, and entertainment industries. Further, it provides 3-D glasses and kits; and various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. It sells its products directly to the end users, as well as through dealers and distributors worldwide. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California. | | View Today's Stock Pick |
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