Good MorningEquity markets are bracing for what could be bad news from America's retailers. Walmart and Home Deport are set to report and will set the tone for retail earnings due over the next two weeks. The expectation is for Walmart's revenue to grow but for shifting consumer habits to cut into profits and impact top-and bottom-line results for Home Depot. The risk is that results will be weaker than expected or come with soft guidance to undercut the outlook for 2024.
Among the retail stars from Q3 are the off-price retailers. The off-price retailers benefited from trends expected to accelerate in Q4 and may sustain solid performance for the group. Whether that is enough to sustain a rally in the S&P 500 is yet to be seen. As it is, the market is set up for a correction that may begin this week. A 3% to 5% decline in the index would take it back to the previous all-time highs in a healthy correction, but there is a risk that support will fail. The market could fall 10% to 20% in that scenario before hitting bottom. Featured: The World's First "$20 Trillion Drug"? (Behind the Markets) 
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Most investors have found investing in Chinese stocks an almost impossible task today. Some deem the nation as "uninvestable." However, some mega investors have started to find value to be had in some of the country's stocks; guys like Ray Dalio and Michael Burry (the one who called the 2008 finan... Read the Full Story |
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From Our PartnersGet a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. | | | | Analyze Any Stock Free |
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Every market brings you a cycle to take advantage of, that is for sure, and there will always be cycles to come. Warren Buffett has been quoted saying that timing the market can turn out to be a futile attempt for the average investor; of course, he wasn’t talking about himself now that he h... Read the Full Story |
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There aren't a lot of chances in the market quite like this one when a sophisticated investor like Carl Icahn, with his track record of successful dealings, comes to take a public interest in a stock. Known as activist investing, Icahn will acquire a significant stake in a stock, large enough... Read the Full Story |
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From Our PartnersWhat we’re seeing is a rare Bitcoin phenomenon that was last seen eight years ago…
To put things into perspective for you, the last time a cross pattern like this showed up on its chart…
Bitcoin shot up 8,000%...
Now, for the first time in about 8 years, we’re about to see this phenomenon repeat itself on Bitcoin this year…
Now I’m not sure whether or not Bitcoin will hit another all-time high like the last time…
But from where we stand right now, I’m very bullish about where we’re headed…
And that's because rare patterns like this are what puts more steps on the gas for this new way of crypto trading | | | | This is your best chance at it. |
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Markets | | | China’s central bank announced Tuesday that it cut its 5-year loan prime rate while leaving its 1-year rate unchanged in the latest move to ease pressures on the ailing property market.The 5-year rate was lowered by 0.25 basis points to 3.95% while the 1-year rate remains at 3.45%. It was the first ... Read the Full Story |
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Pegasystems Inc. (NASDAQ: PEGA) is an enterprise software company specializing in helping companies unlock business-transforming outcomes with its suite of cloud-based tools on its Pega Platform. Its artificial (AI) decisioning and workflow automation platforms specialize in customer relationship ... Read the Full Story |
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From Our PartnersA new indicator shows “the Singularity” could launch as soon as three months from now. This is the moment we’ve all feared – when artificial intelligence officially surpasses us… becoming smarter than human intelligence. And when the Singularity hits, the entire world will be thrown into chaos. | | | | Click here to learn how to prepare yourself for what's to come |
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JFrog Ltd. (NASDAQ: FROG) provides DevOps platform solutions that enable enterprise IT teams and developers to manage and automate their software delivery process. JFrog deems itself a Liquid Software company through its JFrog Software Supply Chain Platform.
DevOps platforms enhance and streamlin... Read the Full Story |
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Stocks | | | Asian stocks were mixed Wednesday after technology stocks led Wall Street broadly lower on Tuesday, with investors waiting for chipmaker Nvidia's quarter earning report.The report, which will come out later in the day, will put stock markets in Hong Kong, China and Taiwan on alert as these three reg... Read the Full Story |
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Markets | | | Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation's credit card companies as well as potentially shake up the payments industry, which is largely dominated by Visa and Mastercard. Under the terms of the all-stock... Read the Full Story |
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Markets | | | Home Depot’s sales continued to weaken in its fiscal fourth quarter, as the country’s largest home improvement retailer deals with Americans who remain concerned about high mortgage rates and inflation Read the Full Story |
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Markets | | | A Virginia bank says it will delay plans to auction off land at West Virginia Gov. Jim Justice’s posh resort in an attempt to recover more than $300 million on defaulted business loans by the governor’s family 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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