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The global rapid oral fluid screening device market is expected to grow at a compound annual growth rate (CAGR) of 15.34% from 2023 to 2028, reaching a market size of USD 18.78 billion, driven by factors such as the increasing prevalence of drug abuse, stringent mandates for substance screening, and rising awareness about drug testing safety in workplaces. The strip-based screening devices segment is experiencing notable growth, particularly in the workplace testing sector, while North America dominates the market expansion due to high drug use rates and strict testing regulations. Key market players include OraSure Technologies, Inc., Abbott Laboratories, and Guangzhou Wondfo Biotech Co., Ltd.
The global wetroom waterproofing solutions market is projected to reach USD 8.3 billion by 2028, growing at a CAGR of 5.4%, driven by the demand for luxury wet spaces, regulatory frameworks, and increased awareness of structural longevity. Liquid-applied waterproofing and polyurethane are leading segments, and the Asia-Pacific region is a key demand driver.
The resilient bull market continues as market levels rise and reach record highs, with positive earnings reports from companies such as Microsoft and Super Micro. However, Whirlpool's lower guidance for full-year revenues causes its shares to decline.
The global core HR software market is expected to experience significant growth, with a projected CAGR of 7.0% from 2023 to 2028, driven by the need for advanced HR solutions, AI and automation, and the rise of remote work models. Consulting services will play a crucial role in facilitating the implementation of core HR software, particularly in navigating complexities. The BFSI sector is anticipated to retain a considerable market share, while the MEA region is expected to have the second-highest CAGR, driven by digital transformation initiatives.
Nu Holdings Ltd. saw a decrease in stock price compared to the previous day, but has experienced significant gains over the last month and is anticipated to report strong earnings with a rise in EPS and revenue.
Sanmina Corp has reported strong Q1 fiscal 2024 results, with revenue of $1.87 billion, a GAAP operating margin of 4.7%, and a GAAP diluted EPS of $0.98, indicating its ability to maintain profitability and manage costs effectively despite market challenges.
Real estate investment trust Two Harbors Investment Corp reported a book value of $15.21 per common share and declared a fourth-quarter dividend of $0.45 per share, while also generating comprehensive income of $38.9 million; the company faced challenges in the fourth quarter due to mortgage spreads and implied volatility being positively correlated to interest rates.
Anheuser-Busch InBev ADR stock rose 0.48% after a three-day losing streak, while competitors experienced mixed performances.
Stocks rise as investors anticipate a big week of tech earnings and the Federal Reserve's interest rate decision; the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average all saw gains, while tech companies including Microsoft, Alphabet, Apple, Amazon, and Meta are set to report strong quarterly results.
Mounting US debt held by foreign entities poses a significant threat to global markets, as the debt-to-GDP ratio is expected to reach 130% by 2035, causing a potential rebellion in markets around the world, according to JPMorgan CEO Jamie Dimon.
Former President Trump claims that the stock market's recent record highs should be credited to him and his high poll numbers against President Biden, while Biden's campaign team dismisses the claim.
Bitcoin and other major cryptocurrencies have seen a price increase as an important week for the crypto and equities markets begins, with Bitcoin trading at over $43,000 and rising due to market anticipation of the U.S. central bank's decision on interest rates.
US stocks inched higher as investors anticipated a busy week with Big Tech earnings updates, a Federal Reserve rate decision, and the US jobs report, while concerns about China's economic health and escalating Middle East tensions impacted oil prices.
Longtime market veteran Jon Wolfenbarger predicts a bear market and recession in the US, citing falling earnings, an inverted yield curve, overvalued stocks, and a tech bubble similar to the early-2000s.
Nissan Motor plans to manufacture lower-cost lithium iron phosphate (LFP) batteries for electric vehicles in emerging markets by 2026, despite their lower energy density.
Sotheby's announced that its consolidated sales for 2023 reached $7.9 billion, nearly matching its record-breaking $8 billion in 2022, with auction sales slightly decreasing but private sales increasing.
The global teleradiology software market is projected to grow from USD 2 billion to USD 6.21 billion by 2032, driven by technological advancements and the need for remote healthcare services, with North America leading the market due to its advanced healthcare system.
The recent decline in mortgage rates has allowed homebuyers in the US to afford more expensive homes, with the average buyer now able to purchase a $453,000 home on a $3,000 monthly budget, compared to $416,000 three months ago.
Over 24,000 workers from 93 companies have lost their jobs in 2024 so far, leading to a decline in employee confidence and a significant decrease in hiring rates, creating a state of lock-in where individuals are less likely to quit or seek new opportunities.
The stock market's positive gain in January suggests that the bull rally will continue, avoiding a bearish signal.
Stocks are showing a rare bullish signal with a 100% success rate, as the S&P 500 has gained 3.2% in January, which historically leads to strong returns and an average gain of 15.6% for the year, according to CFRA Research.
Big Tech companies like Apple, Alphabet, Microsoft, Amazon, Meta, and Nvidia are expected to drive Q4 earnings growth in the S&P 500, while other companies are expected to see a decline, highlighting the dominance of the tech sector in the stock market.
Experts are predicting a major continuation move in the stock market, with expectations of a market top in 2024, despite positive economic indicators and stock market performance.
US stocks opened little changed as investors prepare for a busy week of Big Tech earnings, a Federal Reserve rate decision, and the US jobs report, while concerns about China's economic health and oil prices add to market uncertainty.
Three potential trading opportunities are emerging in the FX market this week, including a potential breakout in the USD/JPY pair and GBP/USD looking to break out of a consolidation phase, while GBP/JPY presents a potential top breakout opportunity.
The current stock market rally has the potential to resemble the tech-led party of the 1990s, which could result in a tricky situation for the Federal Reserve as a burst bubble could lead to a recession.
Stocks could rally another 8% to 10% this year, driven by a strong economy and solid corporate earnings growth, according to Wharton professor Jeremy Siegel, who believes a bull market can continue regardless of whether the Fed cuts interest rates.
The Pound Sterling is under pressure ahead of the policy decisions by the Bank of England (BoE) and the Federal Reserve (Fed), with investors expected to focus on the interest rate outlook provided by the central banks. BoE policymakers are anticipated to offer hawkish guidance due to higher inflation, while the Fed is expected to maintain the status quo.
Arbitration hearings are underway with several players still in disagreement over their salaries, incoming 40-man roster moves will require teams to make corresponding moves, and the bullpen market is thinning as more relief arms find agreements for the upcoming season.
Fossil has decided to stop making smartwatches due to its struggle to gain a relevant market share, with only 2.2% of the market between 2015 and 2023, compared to Apple's 248 million Apple Watches sold during the same period.
Crude oil prices retreat slightly after recent gains, but near-term fundamentals remain strong due to geopolitical tensions and expectations of stimulus measures.
A recent court ruling holding Citgo liable for Venezuela's debts highlights the corruption within the opposition, undermining their claims of leadership and raising questions about the relationship between state-owned enterprises, debt, and markets worldwide.
The market in January has exhibited interesting trends and signals that suggest cautious consideration, with indicators including the S&P 500 reaching new highs, the Russell 2000 trading in a sideways channel, the volatility typically seen in the first months of an election year, the outperformance of the Magnificent 7 stocks, the market's lack of interest in commodities, and the low level of volatility, challenging the idea of waiting for a perfect moment to invest; investors are advised to take their investing game to the next level with AI-powered tools like ProPicks.
The USD/CHF pair climbs to near 0.8600 as the US Dollar recovers, with investors expecting a first rate-cut from the Fed in May rather than March.
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MercadoLibre, the leading e-commerce and fintech company in Latin America, has the potential for continued market-beating performances due to its dominant position in the region's massive market, its ongoing growth options, and its steadily rising profitability despite trading at a reasonable valuation.
Attempts to make profitable bets in financial markets based on election outcomes are extremely challenging and not worth the effort, as correctly predicting the winner and their economic impact is highly unlikely and already factored into market expectations.
Substack, a newsletter publishing company, is expanding its services for international writers and readers by introducing local payment methods, support for more currencies, and the ability to set a default language for newsletters.
Checkpoint Therapeutics has announced a definitive agreement for the issuance and sale of its common stock and warrants in a registered direct offering, with the proceeds intended for working capital and general corporate purposes.
Investors should consider buying underappreciated stocks like Teladoc Health and Pfizer, as both companies have potential for growth and their stock prices are currently lower despite positive indicators.
The US Dollar continues to strengthen as traders anticipate the upcoming Fed decision and tensions escalate in the Red Sea, while the US Dollar Index could break down from current levels.
The USD and crude oil are both up, indicating a lack of correlation in the market, while the 30-Year T-Bond is trading higher, which is abnormal as it should typically correlate with the USD; the S&P is lower and crude oil is trading lower, which is not correlated; gold is trading higher, which is not correlated with the USD trading up, suggesting something is wrong in the market; Asia is trading higher, except for the Shanghai and Singapore exchanges which are down; and Europe is trading mixed. The lack of major economic news and the switch from the 30-year bond to the 10-year bond and its reverse correlation with the S&P are also noted. The bias for the market is currently neutral or mixed.
The US economy is surpassing China's economy in terms of growth and resilience, which may have implications for their relationship and trade tensions, as well as China's efforts to address its weak economy and falling stock prices. Additionally, the National Security Agency has been buying Americans' web browsing data from commercial data brokers without warrants, raising concerns about privacy and government surveillance.
Supply concerns in the oil and petrochemical industries, along with potential disruptions in the European power sector, are impacting markets, while industry leaders gather for the Baker Hughes Annual Meeting and Shell and OMV report corporate results.
With the upcoming release of earnings from major tech companies like Microsoft, Apple, Amazon, Alphabet, and Meta Platforms, as well as a Federal Reserve policy decision, a Treasury quarterly refunding announcement, and jobs data throughout the week, investors should consider Evercore ISI's call to buy Chinese equities, particularly Hang Seng-listed stocks, due to their depressed valuations and potential for a significant rebound.
The US Federal Reserve is expected to announce its interest rate decision on Wednesday, with speculations of a rate cut losing steam, while European stocks started the week on a weak note and geopolitical tensions in the Middle East add to the sombre mood.
The continued rise in home prices has led to a significant increase in wealth for homeowners but poses a major problem for first-time homebuyers, according to economist Mark Zandi. He emphasizes the need for increased housing supply to improve affordability and stabilize the housing market.
The BlackRock Enhanced International Dividend Trust is a closed-end fund that offers income-focused investors the opportunity to earn high current income from foreign stocks while diversifying their portfolios internationally; although the fund has not performed well in recent years, it has the potential to outperform comparable indices in the long term.
US stocks rose on Monday as investors awaited a wave of earnings and the Treasury Department announced lower than expected borrowing for the first quarter of 2024.