Good MorningEquity markets started Tuesday's session on an uncertain footing after tensions in Ukraine escalated. However, the market quickly regained footing to confirm support at a critical level, aligning with the election-inspired rally two weeks ago. With this in play, the odds are high that the election-driven rally is not over and that the S&P 500 index will soon set a new high.
Results from Walmart aided the market rebound. The world's largest employer outpaced consensus on the top and bottom lines and raised its guidance, citing resilient consumer health and steady spending. The news suggests the holiday shopping season will be merry and bright, lifting Walmart's stock price by 5% to set a new all-time high. Analysts are lifting their targets for WMT stock, which may continue to trend higher through the end of the year. Featured: This $2 Stock Outshines Historic Gold Rally! (i2i Marketing Group, LLC) |
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Like they say, the trend is your friend, and it's best to trade with your friend. Stocks like Palo Alto Networks (NASDAQ: PANW), Salesforce (NYSE: CRM), and Booking Holdings (NASDAQ: BKNG) are trending higher and are forecasted to provide friendly returns this year and next. Trends that support th... Read the Full Story |
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Markets | | Nvidia helped pulled U.S. stock indexes higher on Tuesday after they stumbled in the morning on worries about escalations in the Russia-Ukraine war.The S&P 500 rose 0.4% after erasing an early drop of 0.7%. The Nasdaq composite also shook off an early loss to turn 1% higher, while the Dow Jones ... Read the Full Story |
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After a few months of lackluster price action in the energy sector, most investors have shied away from some of the best names in the sector, especially those in the crude oil industry. Whether the news about the current oil demand makes sense or not, investors need to think of the energy space as... Read the Full Story |
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A couple of weeks ago, investors celebrated an overall rally due to the United States presidential election. However, a few days later, markets cooled off to show investors a potential rotation in themes, away from a potential resurgence in inflation and very quickly down to what might look like a... Read the Full Story |
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The technology sector has recently experienced heightened volatility, and Arm Holdings (NASDAQ: ARM) has not been immune to the market's turbulence.
After a remarkable 134% surge in its stock price year-to-date, ARM has witnessed a decline of roughly 16% within a single month.
Does this downtu... Read the Full Story |
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One of the biggest debacles in the stock market is whether the technology sector will make it out alright after this quarter. Particularly, the semiconductor industry has grown to represent a larger share of the overall economy and stock market, so it makes names like Super Micro Computer Inc. (NA... Read the Full Story |
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Markets | | Asian stocks were mostly lower on Tuesday, despite gains on Wall Street, as worries mounted over escalations in the Russia-Ukraine war. U.S. futures edged higher while oil prices were little changed. On Tuesday, Ukraine fired several American-supplied longer-range missiles into Russia, according to ... Read the Full Story |
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Markets | | President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary.The nomination would put Lutnick in charge of a sprawling Cabinet agency that is involved in funding new computer chip ... Read the Full Story |
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Markets | | Inflation in the U.K. rose sharply to a six-month high in October and back above the rate targeted by rate-setters at the Bank of England, official figures showed Wednesday, an increase that is set to cement market expectations that there will be no further cuts in borrowing rates this year.The Offi... Read the Full Story |
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Markets | | Jersey Mike's, the quickly expanding sandwich chain, is being acquired by asset management giant Blackstone.In the transaction announced Tuesday, private equity funds managed by Blackstone will be used to acquire majority ownership of Jersey Mike's. The deal is "intended to help enable Jersey Mike’s... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Oceania, South America, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia. | View Today's Stock Pick |
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