Teladoc's stock performance has been lackluster compared to the market, dropping by 28.1% in the past month, but investors are eagerly awaiting the upcoming earnings release, which is expected to show a downward movement in earnings and slight revenue growth.
Archer Daniels Midland (ADM) stock closed at $60.41, showing a 1.85% increase from the previous day, outperforming the S&P 500 and leading the Consumer Staples sector, while analysts anticipate a decline in EPS and revenue for the upcoming earnings disclosure.
Novo Nordisk is expected to report positive earnings growth and revenue for the upcoming quarter, with recent estimate revisions and a Zacks Rank of #3 (Hold), although its valuation is currently at a premium compared to its industry average.
Enbridge's stock remains unchanged, but the upcoming earnings release and recent estimate revisions indicate potential changes in its business performance and profit potential.
JPMorgan Chase & Co. (JPM) closed at $192.66, showing a gain of 1.24% and outperforming the S&P 500, Dow, and Nasdaq, while analysts anticipate positive earnings and revenue growth for the company in its upcoming earnings report.
New York Governor Kathy Hochul has ordered a review of the state's recreational marijuana licensing program in an effort to address ongoing issues, such as slow processing times and the flourishing black market.
The US Dollar Index (DXY) made minor gains as all eyes turn to the Federal Reserve's upcoming decision on Wednesday and updated economic projections, with a rate cut expected in June and a full rate cut predicted for the July meeting; however, officials express caution regarding premature monetary easing.
The rise of passive investing, which currently accounts for over 50% of total investing, could potentially break the market as it interferes with price discovery and distorts stock prices. One example of this is the case of Kimco Realty Corporation (KIM), which is not reflecting its bullish fundamentals due to the overwhelming presence of passive investors.
The three major stock indices close in the green after St. Patrick's Day, while Nvidia shares gain as the chipmaker presents its latest products at the 2024 GTC event.
Bitcoin reached a new all-time high before sharply declining, Ethereum's Dencun upgrade led to lower fees on Layer 2 networks, prosecutors recommended up to 50 years in prison for Sam Bankman-Fried, and Grayscale filed for a second bitcoin ETF; analysts are closely monitoring the inflows into bitcoin ETFs, which have already surpassed those from previous months.
BlackRock global chief investment strategist Wei Li is confident that the rally in stocks, driven by a few mega-sized companies known as the Magnificent Seven and supported by strong earnings and the growth of artificial intelligence technology, is sustainable and not indicative of a bubble like the dot-com era. Li believes that concentrated fundamentals in a few names are preferable to a broad-based rally, and she expects earnings from AI companies to continue growing exponentially. However, Li acknowledges that interest rate shocks and inflation could pose risks to market sentiment and earnings.
This text provides a schedule of live broadcasts on Fox Business Channel, Fox News Channel, and Fox News Radio, including shows such as American Built, Gutfeld!, and Fox News @ Night.
Tech stocks, including Alphabet, Apple, and Nvidia, saw gains ahead of the Federal Reserve rate decision, as investors focused on AI developments and set aside concerns about interest rates; the S&P 500 gained 0.6% and the Nasdaq Composite surged 0.8%.
The Euro drops against the US Dollar as investors focus on the upcoming FOMC meeting and interest rate projections, while Eurozone inflation aligns with expectations but the movement of EUR/USD is restrained by anticipation of the Fed's policy direction.
New York Governor Kathy Hochul has ordered an evaluation of the state's troubled recreational marijuana licensing program, which has faced legal challenges and bureaucratic obstacles, leading to the flourishing of the black market. The review will focus on expediting license processing and improving the Office of Cannabis Management's structure and systems.
Trade groups representing the private fund management industry have sued the U.S. Securities and Exchange Commission (SEC) over a rule requiring firms to register as broker-dealers, which they believe is confusing and may capture non-dealing activity.
In January 2024, new all-electric vehicle registrations in the United States increased by 15% year-over-year, but the growth rate was significantly slower than in previous years, indicating a challenging outlook for significant growth in 2024.
Gold prices are expected to be influenced by the outcome of the FOMC meeting, with a less dovish outlook potentially leading to a downward correction, while adherence to previous outlooks could support an upward trend.
US stocks jumped on Monday ahead of the Federal Reserve rate decision, with investors focusing on hopes around AI developments despite concerns about interest rates, as tech stocks led the gains. Notably, chipmaker Nvidia's annual developer conference and reports of talks between Apple and Alphabet regarding AI were driving factors.
Fox Business Channel is airing The Big Money Show from 1:00 PM to 2:00 PM, Making Money with Charles Payne from 2:00 PM to 3:00 PM, and The Claman Countdown from 3:00 PM to 4:00 PM, while Fox News Channel is showing America Reports from 1:00 PM to 2:00 PM, America Reports again from 2:00 PM to 3:00 PM, The Story from 3:00 PM to 4:00 PM, and Your World with Neil Cavuto from 4:00 PM to 4:30 PM.
One market expert, Peter Tchir, is increasingly concerned about a possible 10% or higher pullback in US stocks, citing rising bond yields, sticky inflation, and a weakening US consumer as the reasons behind his worry.
America's southern housing market, driven by strong employment and relative affordability, is expected to continue seeing price gains in the coming years, outperforming other regions in the country, according to Capital Economics.
The Fed is expected to stay on hold and investors will be watching for comments on inflation and the outlook for the economy; Morningstar Research Services chief US market strategist Dave Sekera recommends keeping an eye on short-term inflation, inflation expectations, and bond yields. Morningstar maintains its forecast that the Fed will begin cutting interest rates in June, despite higher-than-expected CPI and PPI numbers. Nike and General Mills are reporting earnings this week, and Morningstar views both stocks as undervalued. Morningstar's stock picks this week include Constellation Brands, Johnson & Johnson, Honeywell, Wells Fargo, and Microsoft.
The U.S. has a growing addiction to debt, with the total outstanding debt currently at $34.49 trillion and projected to continue rising, leading to concerns about the value of the dollar and future economic strain. Consumers are facing financial strain, with personal savings falling and credit card debt increasing. Market trends indicate that consumer-facing companies are likely to struggle while corporations may be more resilient. However, there are limits to how far forward-looking valuations can be stretched, and volatility is still a possibility.
BigID, a pioneer in AI-augmented data security, compliance, and privacy, has closed a $60 million growth round led by Riverwood Capital, bringing its total capital raised to $320 million and valuing the company at over $1 billion. The funding will be used to accelerate expansion in AI data security and compliance.
Homebuilder confidence is on the rise, indicating a potential housing market recovery fueled by factors such as strong new home demand and incentives offered by builders to address affordability challenges.
The stock market is showing signs of a potential bubble formation, raising concerns about an impending burst, as sectors become overvalued and smart investors shift their investments to cash.
The global market for bio marine ingredients is expected to reach $3 billion by 2030, driven by increasing consumer demand for health and wellness products, growing awareness of the ocean's potential, and a focus on sustainable sourcing.
The global drug delivery devices market is expected to reach a value of US$90.2 billion by 2033, driven by factors such as patient preference for self-administration, increasing chronic diseases, and emerging markets.
The CRM market in Southeast Asia is projected to reach a valuation of over US$ 4,105.3 million by 2032, driven by the increasing need for exceptional customer experiences, the growth of the SME sector, and mobile-first strategies, with cloud-based CRM dominating due to its flexibility and affordability.
Chinese regulators will ban the chairman of Evergrande from the securities market for life and the company will be fined heavily, as the ruling concludes that the chairman engaged in financial fraud.
The transition to electric vehicles in Europe is facing challenges due to lack of affordability and infrastructure, and wavering government support, which are deterring consumers from making the switch, according to a report by HSBC Global Research. Despite optimistic predictions for EV sales in Europe by 2030, the current state of the market and the inability of European manufacturers to offer truly affordable EVs are hindering widespread adoption.
The major stock market indices are starting the trading session positively, and Yahoo Finance Live co-host Brad Smith is monitoring the market action and the status of several Nasdaq 100 tech leaders.
Polymarket, a crypto-based prediction platform, shows that bettors are favoring Donald Trump as the potential winner of the 2024 U.S. presidential race, with a 52% chance of winning, while Joe Biden has a 37% chance; the platform has seen almost $100 million staked on the election outcome, making it the largest market on the platform.
Northern Virginia maintains its position as the largest data center market in the world but is facing challenges in terms of land and power availability, with a record-high leasing activity and a surge in power needs that utility provider Dominion is struggling to meet; however, efforts are being made to address these constraints through the construction of major transmission infrastructure. As land becomes scarce, data center developers are exploring options beyond Northern Virginia, including secondary markets like central Ohio. Cloud services account for the majority of data center demand in the region.
The Chinese market continues to be a highly attractive destination for foreign investment due to its thriving consumer base and diverse range of products.
The global multiplex assays market is projected to reach a valuation of US$ 5.9 billion by 2031, driven by the increasing demand for efficient and time-saving testing methods in the medical field, particularly for detecting autoimmune diseases.
US stocks jumped on Monday, driven by tech gains and optimism surrounding AI developments, ahead of the Federal Reserve's rate decision, despite concerns about inflation and other data surprises, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all rising. Chipmaker Nvidia's annual conference and reports of Apple's discussions with Alphabet on incorporating Google's Gemini AI engine into its next iPhone further fueled the tech surge. Investors are now closely watching the Fed's March meeting for signals about future rate cuts.
The global urinal screen market is expected to reach a valuation of US$ 2,873.8 million by 2032, driven by the demand for hygiene, water conservation, and sustainable materials, as well as the integration of smart technology and design aesthetics. The market is highly fragmented, but there are opportunities for innovation and expansion, particularly with the rise of e-commerce platforms.
Investors who are able to position their portfolios ahead of the AI-driven rally are still collecting impressive gains, which is why ProPicks, an AI stock-picking tool, can give users an edge over the market for less than $9 a month.
The USD is down, Crude is up, and the 30 Year T-Bond is trading lower, indicating an uncorrelated market, while the S&P is higher and Gold is trading higher, which suggests a correlation with the US dollar trading down.
Goldman Sachs has lowered its estimates on Tesla stock due to production and market challenges, with preliminary data suggesting lower delivery volumes compared to earlier forecasts, as well as indicators of waning sales such as a decline in Tesla app downloads and decreased exports from the China factory. The analysts revised delivery estimates and EPS forecasts, but still believe Tesla is well-positioned for long-term growth in the EV and clean energy markets. They also reduced their 12-month target price on Tesla stock.
This article provides a 5-minute bar chart tool for active intra-day gold futures traders, including short-term moving averages and support/resistance levels for buy and sell signals.
The U.S. Portable Vacuum Insulated Vessels Market is projected to grow at a CAGR of 6.3% by 2032, driven by the increasing demand for liquefied natural gas (LNG) and cryogenic equipment in industries such as oil & gas, metallurgy, power & energy, and food & beverage.
Investors should closely monitor the stock of Canoo Inc. due to the high implied volatility of its options, indicating expectations of a significant move in either direction and the potential for a trade opportunity.
Investors are anticipating the Federal Reserve's monetary policy plans, as stocks have experienced consecutive weeks of losses and the market awaits updates from the Bank of Japan, Bank of England, and the Federal Reserve.
Florida is experiencing a surge in active property listings, particularly condos, as owners try to avoid rising HOA fees and insurance costs, leading to a drop in prices but not yet an increase in sales.
Mondelez (NASDAQ: MDLZ) is dominating the biscuit and chocolate categories and is gaining market share against competitors like Mars, with potential for growth in emerging markets, but the DCF analysis estimates a lower annual return of 11.5% for the next five years, making it a hold for investors looking for 15% annual returns.
The global handheld marijuana vaporizer market is projected to reach $15.9 billion by 2031, driven by improvements in the legal framework for therapeutic marijuana use and the popularity of portable vaporizers.
The recent concerns about inflation and its impact on the Federal Reserve's rate cuts have caused the broader U.S. equity markets to decline, leading investors to seek momentum stocks as a winning strategy for sustained profits.