BlackJack3D Technology stocks, led by the mega caps such as Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG) (GOOGL), Microsoft (MSFT), Nvidia (NASDAQ:NVDA) and Meta Platforms (META), are likely to rise a further 15% in the second-half of the year, spurred on by artificial intelligence, Wedbush Securities said. “We believe NASDAQ has another strongContinue Reading
da-kuk/E+ via Getty Images Sales growth for AI-related megacap stocks is expected to have cooled in Q2 and continue that trend through the end of the year. According to consensus forecasts, Nvidia (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT), Meta (NASDAQ:META), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Amazon (NASDAQ:AMZN) will see a slowdown in sales growth,Continue Reading
shaadjutt/iStock via Getty Images International headlines are coming out of France this morning after Marine Le Pen and Jordan Bardella’s National Rally scored a victory in the first round of legislative elections. The party and its allies were projected to have won 33% of the vote, compared to the 29%Continue Reading
Maxiphoto/iStock via Getty Images The Real Estate Select Sector SPDR Fund ETF (NYSEARCA:XLRE) fell 2.83% in Q2 on the back of a weak April, while the broader S&P 500 index gained 4.1%. The fund saw a pullback in April as market participants significantly dialed back their interest rate cut expectationsContinue Reading
krblokhin Fannie Mae (OTCQB:FNMA) surged more than 9% on Friday amid higher odds of a Donald Trump election win after the Presidential debate Thursday night. Investors believe that Trump is more likely to end FNMA’s conservatorship than the Biden administration. Some deal name stocks such as Matterport (MTTR), which agreedContinue Reading
MF3d The stock indexes were mixed this week, as investors and traders assessed a string of economic data, with U.S. GDP growth revised up slightly to 1.4% in the U.S. Department of Commerce’s final Q1 estimate. Meanwhile, both headline and core PCE inflation eased in May and matched estimates. CoreContinue Reading
Airubon/iStock via Getty Images Clean energy stocks posted broad losses in Friday’s trading following last night’s presidential debate, a potential sign that investors are starting to price in a victory for Donald Trump after President Biden’s widely criticized showing. First Solar (NASDAQ:FSLR), considered one of the biggest winners of theContinue Reading
BlackJack3D Citi Research analysts highlighted names that have improving EPS revisions but limited multiple expansion. According to a Thematic Equity Strategy report, companies with high exposure to AI have driven about half of the MSCI ACWI (NASDAQ:ACWI) year-to-date return. Those companies are up about 36% in average. However, some AIContinue Reading
S_Z U.S. stock index futures on Friday pointed to a slightly higher open, after key inflation data came in-line with expectations. Market participants also digested takeaways from the first presidential debate held late last night. Here are some stocks to watch on Friday: Shares of Plug Power (PLUG) were amongContinue Reading
Jun. 28, 2024 7:18 AM ETNIKE, Inc. (NKE) Stock, FL Stock, UA Stock, ONON StockXLY, DECK, CROX, DKS, SKX, ADDYY, UAA, LULU, NBCC, LUXXBy: Clark Schultz, SA News Editor da-kuk The footwear sector is reeling after Nike’s (NYSE:NKE) earnings report raised concerns about global demand. Nike (NKE) warned that salesContinue Reading
