Good MorningEquities started August on uncertain footing, trading in a very tight range just below July's closing level. The move smacks of indecision and now wonder; with the PCE index rising to the highest level in 30 years, the outlook for the FOMC has only gotten darker. The committee indicated a slowdown in the pace of interest rate hikes just a few days earlier, and now the odds are growing for another 75 basis point hike in September.
This week, all eyes will be on earnings and the NFP report on Friday. On the earnings front, the revisions to the outlook for Q3, Q4, and next year are in near-freefall, and more bad news is expected. On the economic front, the NFP is expected to show a slowdown in the pace of hiring and another month of low-single-digit increases in wages. Featured: How This Market Leads To The Biggest Bull Market Ever (Darwin) 
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onsemi (NASDAQ: ON) is outperforming the semiconductor industry (NASDAQ: SOXX) by 260 percentage points in the post-pandemic world, and that is no surprise. The company’s focus on intelligent sensing and power solutions make it a valuable partner for industrial purposes and IT infrastructure... Read the Full Story |
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Politics | | Asian shares were mostly lower Tuesday amid concerns about regional stability as an expected visit by U.S. House Speaker Nancy Pelosi to Taiwan prompted threats from Beijing.
Benchmarks headed downward across the board in the region in early trading, including Japan, China, South Kor... Read the Full Story |
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Markets | |
Green energy stocks increasingly find their way into portfolios as the green economy becomes a major theme for investors. Adding to the momentum is climate-change policy, and as a result, green companies are likely to attract record levels of capital.
3 Green-Era Stocks To Consider
NextEra Energ... Read the Full Story |
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From Our PartnersWith just a small amount of money, you could unlock big opportunities… Especially when it comes to investing in small-cap stocks like this. Write down the names and ticker symbols of these four penny stocks and keep them on your radar this year. | >>> Click Here. |
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Markets | |
Blooming Brands' (NASDAQ: BLMN) value is slipping away, but not for any bad reasons. The company’s results prove that the rebound in restaurants is still strong and that pricing power is driving cash flow and that shares are moving higher. With the stock trading at only 8.4X, its earnings co... Read the Full Story |
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Markets | |
Global jewelry retailer Signet Jewelers Limited (NASDAQ: SIG) stock is attempting to reverse its downtrend as it trades down (-34%) on the year. The world’s largest jewelry retailer has taken a hit as consumers face a recession due to inflationary pressures not seen in 40 years. Rising inter... Read the Full Story |
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From Our PartnersEven in the face of continued inflation, choppy markets, and a full-blown recession... There are investments available with significant upside potential. Take a look at these 4 "Recession Stocks"... | Click here for the names & ticker symbols. |
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Politics | | Global shares were mostly lower Tuesday as an expected visit by U.S. House Speaker Nancy Pelosi to Taiwan prompted threats from Beijing.
European shares mostly declined in early trading, after benchmarks finished mostly lower in Asia.
France's CAC 40 slipped 0.5% in e... Read the Full Story |
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Politics | | As the Justice Department bids to convince a federal judge that the proposed merger of Penguin Random House and Simon & Schuster would damage the careers of some of the most popular authors, it is leaning in part on the testimony of a writer who has thrived like few others: Stephen King.
... Read the Full Story |
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Politics | | The United States is working with Japan and other likeminded countries to counter China's efforts to use its economic might to force political change around the world, the U.S. ambassador to Japan said Tuesday in an interview with The Associated Press.
Rahm Emanuel, who was previousl... Read the Full Story |
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Markets | | BP’s earnings tripled in the second quarter as the British energy giant profited from oil and natural gas prices that soared after Russia invaded Ukraine.
London-based BP said Tuesday that underlying replacement cost profit, which excludes one-time items and fluctuations in the value ... Read the Full Story |
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Stocks | |
Devon Energy (NYSE: DVN) continued to produce record levels of cash during the second quarter, on the back of higher realized per barrel price of oil. During the quarter, the company increased production by 7%, producing over 616,000 BOE per day, as it looked to take advantage of global supply-sid... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services. In addition, the company offers services, devices, and accessories under the T-Mobile and Metro by T-Mobile brands through its owned and operated retail stores, T-Mobile app and customer care channels, and its websites. It also sells its devices to dealers and other third-party distributors for resale through independent third-party retail outlets and various third-party websites. The company was founded in 1994 and is headquartered in Bellevue, Washington. | View Today's Stock Pick |
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