Good MorningEquity markets are ready for a busy earnings season and whatever it may bring. The start of the season came without much excitement due to the rising threat of inflation on bank earnings. While banks are well-positioned to benefit from the rising interest environment that is developing, they are also susceptible to the same inflationary pressures that are impacting the rest of the economy. This week will be another lackluster week for earnings, the peak of peak season begins the week after.
The biggest threat to the market right now is COVID. The rising number of positive cases threatens to keep America home sick, if nothing else and that is a threat to the economy, corporate earnings, the stock market. With the global supply chain already strained another hiccup could have long-lasting and far-reaching repercussions.
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Adding These FAANG Stocks on Dips Makes a Lot of Sense
What are some of the qualities that make a stock a great option to consider buying on dips? It’s usually a company with such a strong business and so many attractive growth prospects that investors wouldn’t mind holding it over th... Read the Full Story |
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Markets | | Global digital marketplace platform eBay (NASDAQ: EBAY) stock has sold off to level not seen since June 2021 after having peaked at $81.19 in October 2021. The Company has provided weaker guidance moving forward to set the bar low. Shares are trading at 16X forward earnings and the Company is still ... Read the Full Story |
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Markets | | Home goods retailer Bed Bath Beyond (NASDAQ: BBBY) stock has collapsed from its meme stock highs of 2021. Supply chain disruptions, logistics and inflation have beaten down this stock its fiscal Q3 2021 earnings and forward guidance. Granted, the Company had planned (-14%) revenue decline related to... Read the Full Story |
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Markets | | Global shares were mostly lower Tuesday following a national holiday in the U.S, while oil prices surged following an attack on an oil facility in the capital of the United Arab Emirates that killed at least three people.
Benchmark U.S. crude rose $1.44, or 1.7%, to $85.26 a barrel i... Read the Full Story |
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Markets | | Asian shares were mostly lower Tuesday following a national holiday in the U.S, while oil prices surged following an attack on an oil facility in the capital of the United Arab Emirates that killed at least three people.
Benchmark U.S. crude rose $1.53, or 1.8%, to $85.35 a barrel in... Read the Full Story |
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Stocks | |
A healing economy often favors specific sectors, and the industrial sector is no exception. In fact, forward-thinking vaccines were thought to be the savior and bolster the economy in 2021. But in 2021, certain sectors ran out of steam and Q3 saw commodity-related cyclical sectors lag, including e... Read the Full Story |
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Tech | | Japan will gradually phase out coal plants over the next two decades while developing new technologies to reduce, capture and utilize carbon, Environment Minister Tsuyoshi Yamaguchi said Tuesday.
Yamaguchi said in an interview with The Associated Press that Japan hopes to lead a zero-... Read the Full Story |
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Markets | | JD.com Inc., China’s biggest online retailer, and Canadian e-commerce service Shopify launched a venture Tuesday to give independent U.S. merchants access to JD.com’s 550 million customers.
The companies said the tie-up would allow U.S. brands to start selling in China in three to fou... Read the Full Story |
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Markets | | K-way, the Franco-Italian brand synonymous with windbreakers, is stepping into luxury fashion with its first live runway show ever on the closing day of Milan Fashion Week.
The Milan-based brand has been edging into the space with collaborations for such fashion houses as Fendi and Y... Read the Full Story |
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Markets | | Healthy consumer foods and beverage company Simply Good Foods (NASDAQ: SMPL) stock has been resilient during the market sell-off. Unlike new organic healthy food companies, Simply Good is profitable while continuing to ride the healthy lifestyle trends under brands including Atkins, Atkins Endulge, ... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Tempus AI Inc. is a technology company advancing precision medicine through the practical application of artificial intelligence principally in healthcare. The company provides AI-enabled precision medicine solutions to physicians to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics. Tempus AI Inc. is based in CHICAGO. | View Today's Stock Pick |
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