Good MorningEquity markets retreated for the 3rd day on Wednesday as investors weighed details from the FOMC minutes. The minutes reveal a Fed uneasy about cutting interest rates because of the inflation risk. Economic activity is steady and on track for a soft landing; easing up on rates too soon would reinvigorate activity and inflation. In that scenario, the FOMC would have to hike rates again soon and possibly keep them there indefinitely. As it is, higher for longer may mean longer than the market is pricing.
Earnings from tech giant NVIDIA will be the driving force for market activity on Thursday. The risk is expectations. In the last twelve months, the market has pushed NVIDIA's share price up 360% on ramping AI activity and may have outrun reality. Even with a blowout report, the market is overbought, and the trade is crowded, setting it up for correction. Without NVIDIA and big tech to drive it, the S&P 500 may have nowhere to go but lower. Featured: If everyone knew this, Wall Street would go out of business (Base Camp) 
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Stocks | | | What do fashion trends and the stock market have in common? They are both known for their ability to change in the blink of an eye. Just as you've stocked your wardrobe with the season's hottest new sneakers and your portfolio with the flashiest new tech startup, stiletto heels come back into styl... Read the Full Story >> |
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From Our PartnersThe World's First "$20 Trillion Drug?" One small biotech holds the key to a revolution in treating Alzheimer's disease. Jeff Bezos, Goldman Sachs & Big Pharma giants have invested billions into this unknown biotech. Our research proves that anyone who gets in today could see 113,000% gains! | | | | Get the name of the stock here |
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Stocks | | | Looking for airline stocks to invest in? Airlines are notoriously fickle companies since many factors go into their continued operations. While airlines aren't as heavily regulated as they were in past decades, these companies still have to deal with quite a bit of federal oversight, and co... Read the Full Story >> |
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Markets | | | When does a falling knife become just too tempting not to try and catch? With the broader equity market surging to record highs on the back of a risk-on sentiment that keeps getting stronger, there are only a handful of stocks out there that are plummeting right now. One such stock is ... Read the Full Story >> |
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Stocks | | | When it comes to investing in micro-cap stocks, it can sometimes be a real challenge to distinguish the potential winners from those that might not offer much near-term upside. However, a great way to uncover some possible leads is at conferences where investors can meet with the management teams ... Read the Full Story >> |
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Markets | | | Germany's businesses remain mired in pessimism despite a small uptick in the latest survey, as Europe's largest economy struggles with shortages of skilled labor, slower global trade, and political squabbling Read the Full Story >> |
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From Our Partners50-year Wall Street Insider Marc Chaikin got invited onto Fox News to talk about A.I. - Here's what he couldn't say on television. | | | | More here. |
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Stocks | | | Stocks clung to modest gains on Wall Street Friday, giving the market another record high and a winning week.The listless day for stocks capped off a mostly solid week of earnings where the technology sector once again powered the market higher. The sector has been the driving force behind a rally t... Read the Full Story >> |
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Stocks | | | Nvidia's stock price jumped 16% on Thursday, increasing the company's market value by a staggering $273 billion in just one day, a record amount. The chipmaker has been seeing soaring demand for its semiconductors, which are used to power artificial intelligence, or AI applications. The company's re... Read the Full Story >> |
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Markets | | | Warner Bros. Discovery (NASDAQ: WBD) is the media and entertainment sector powerhouse born from the 2022 merger of WarnerMedia and Discovery. Warner Bros. Discovery’s earnings report for Q4 2023 serves as a crucial checkpoint, offering valuable insights into Warner Bros. Discovery’s fi... Read the Full Story >> |
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Markets | | | Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders — as long as mortgage rates don't jump back to the highs they hit late last year. Sales of new homes rose nationally in 2023 for the first time in two years, climbing 4.2% from a year earlier, according to the Commer... Read the Full Story >> |
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Markets | | | The average long-term U.S. mortgage rate rose this week for the third time in as many weeks, driving up home loan borrowing costs in just as the spring homebuying season ramps up.The average rate on a 30-year mortgage rose to 6.90% from 6.77% last week, mortgage buyer Freddie Mac said Thursday. A ye... Read the Full Story >> |
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Friday's Early Bird Stock Of The Day Larimar Therapeutics, Inc., a clinical-stage biotechnology company, focuses on developing treatments for rare diseases using its novel cell penetrating peptide technology platform. Its lead product candidate is CTI-1601, which is in Phase 2 clinical trial for the treatment of Friedreich's ataxia, a rare, progressive, and fatal genetic disease. The company is headquartered in Bala Cynwyd, Pennsylvania. | | View Today's Stock Pick |
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