Good MorningStocks delivered mixed results on Wednesday. The Dow had a second down day. However, the NASDAQ and S&P 500 exchanges both turned positive after Tuesday’s decline.
Investors were waiting to hear what Fed chair Jerome Powell had to say, and they weren’t disappointed. Powell reaffirmed his view that the economy was “a ways off” from a point where the Fed would consider tightening its monetary policy.
There was also good news on the stalled infrastructure bill. A select group of Republicans is now indicating that there may be a path forward.
And after the market closed, Facebook delivered a strong earnings report. However, the stock of the social media giant plunged after it lowered its guidance on expectations of a significant slowdown in its pace of revenue growth for the rest of the year.
Featured: Government Loophole Converts Your IRA/401(k) to Physical Gold (Gold Allied Trust) 
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Politics | | | Asian stocks rose Thursday after the Federal Reserve kept its accommodative monetary policies and signaled that the U.S. economic recovery was on track.
Chinese technology giants led the way as authorities moved to soothe jitters over stricter anti-monopoly and data security enforcem... Read the Full Story |
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From Our PartnersIt’s all over the news – there’s an extreme shortage of semiconductors.
As you probably expect, this situation is GREAT for chip stocks. A basket of semiconductor stocks has almost doubled the S&P’s record performance over the last year.
But did you know there’s a MUCH better way than stocks to play these companies? | | | | Here’s a new video that explains everything. |
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Markets | | | Global stock markets were higher Thursday on expectations of positive economic data from the U.S.
Analysts expect the advance data to show the world's largest economy growing at an 8.5% annual pace in the second quarter.
That follows the Federal Reserve's decision to k... Read the Full Story |
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There are stocks that lend well to day trading. And then there are those you just hang on to for a while.In the case of younger investors such as Millennials, there are plenty of people who do both. For some, a taxable brokerage account serves as the ‘sandbox’ for short-term trading wh... Read the Full Story |
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From Our PartnersKiller viruses are now a worldwide crisis and testing is imperative across the world. Biotech player Todos Medical may soon rise to global recognition for its innovative testing solutions! | | | | Continue Reading |
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Stocks | | | With ad spending recovering in a big way following the pandemic, there are plenty of great companies for investors to consider at this time. Let’s take a look at 3 stocks to buy in the golden age of digital advertising.
Read the Full Story |
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Markets | | | Germany's auto industry showed more strong results Thursday as Volkswagen's earnings and profit margins beat pre-pandemic levels and the company raised its profit outlook for the year despite an ongoing shortage of key electronic parts that is plaguing the industry as a whole.
Volkswa... Read the Full Story |
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Politics | | | Spain's prime minister on Thursday announced that existing measures to protect the most vulnerable from the pandemic’s economic fallout will be prolonged until the end of October.
Spain, one of the country’s that was hardest hit at the beginning of the health emergency, has extended s... Read the Full Story |
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Markets | | | Three schoolteachers in Washington state who sued chemical company Monsanto over exposure to materials in fluorescent lights have been awarded $185 million.
The law firm that represented the teachers, Friedman Rubin, said a jury returned the verdict Tuesday in King County Superior Cou... Read the Full Story |
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Markets | | | Trucking company Old Dominion Freight Line (NASDAQ: ODFL) gapped down Wednesday following its second-quarter earnings report. However, mid-session, the stock reversed much of the early loss and was near the high of its daily trading range. The company reported earnings of $2.21 per share, up 85% from the year-ago quarter. Revenue was $1.319 billion, a gain of 47%. Read the Full Story |
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Markets | | | Canadian cannabis producer Tilray (NASDAQ: TLRY), which has been in a steep consolidation since mid-February, rose after posting fourth quarter income of $0.18 per share on revenue of $142.2 million. The company beat on the top line, but revenue missed views, largely due to Covid restrictions in Germany and Canada. Read the Full Story |
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In your head, you've always known you'll make it to the millionaire club. However, getting to $1 million and beyond has proven more difficult than you thought (despite reading every book related to "The Millionaire Next Door" that ever existed).
Wealthy people often say, "My first $1 millio... Read the Full Story |
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The Early Bird Stock Of The Day Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Specialties segment provides bromine-based specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals; lithium specialties, such as butyllithium and lithium aluminum hydride; develops and manufactures cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators. The Ketjen segment offers clean fuels technologies (CFT), which is composed of hydroprocessing catalysts (HPC) together with isomerization and akylation catalysts; fluidized catalytic cracking (FCC) catalysts and additives; and performance catalyst solutions (PCS), which is composed of organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina. | | View Today's Stock Pick |
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