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CATALYST: It’s a big summer of sports, from the Olympics to Euro 2024 football. This is a key potential catalyst to end the post-pandemic performance hangover for our basket of the...
Stocks were pretty flat yesterday, and we were in a boring sideways session. There is little to say besides that the index is hitting resistance around the 78% retracement level and the 5,198 gap has...
It was a bit of an off day. The gap down had all the makings of a substantial sell-off (one I tried to short), but in the end, it was longs who came out on top.The question for today is if yesterday's...
Tesla (NASDAQ:TSLA) faces a federal probe over potential securities and wire fraud related to its self-driving technology claims.U.S. prosecutors are reportedly investigating Tesla for potential...
Compared to its long-standing adversary AMD (NASDAQ:AMD), Intel (NASDAQ:INTC) severely underperformed. Year-to-date, AMD stock gained 11.5%, while INTC shares lost 37.4%. Over one year, this...
Stocks were higher in the first quarter of 2024, continuing their winning ways that started in the fourth quarter of last year. Despite an up quarter overall, the MCM Thematic Growth Composite...
Despite a decline in Q1 2024 earnings, Saudi Aramco announced a hefty dividend payout. Aramco remains committed to rewarding shareholders, projecting a total 2024 dividend payout of $124.3...
On the heels of Apple’s (NASDAQ:AAPL) latest earnings report, the Wall Street Journal shared an article discussing how Apple became such an oversized investment of Warren Buffett’s...
Cutting workforce while solving hard challenges paints a bleak picture. Can Musk's managerial skills pull Tesla (NASDAQ:TSLA) through?Tesla continues to ramp up its efforts to become a leaner EV...
Palantir Technologies Inc. (NYSE:PLTR), a leading data analytics company, announced its first-quarter 2024 earnings on Monday, May 6.The company reported revenue of $634 million, a 21% increase...
Uber is set to report earnings tomorrow. Investors will be eying revenue figures alongside key metrics like bookings. Can the ride-sharing giant deliver? Invest like the big funds for under $9/month...
The latest US job report, published last Friday, has shown the following data: 175,000 US jobs were added in April, well below the expectations of 243,000 jobs total jobs in the US increased by 1.8%...
The upside momentum in the US stock market so far this year continues to be led by rallies in communications services and energy shares, based on a set of ETFs through Monday’s close (May 6)....
Rising rate cut hopes are fueling rallies in major indexes. Nasdaq 100 has broken above a key resistance. Meanwhile, S&P 500 is looking to break above a critical barrier. In 2024, invest like the...
Earnings season is winding down, with the Magnificent 7 tech giants mostly exceeding expectations. In this piece, we will analyze their performance and future outlook using InvestingPro. Meanwhile,...