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2024-06-30 09:00:39 ET Summary US stock market breadth has been terrible. The extreme internal divergences are breaking historical records. Poor market currently constitutes a price signal of underlying fundamental imbalances that have been accumulating in the US economy. Poor...
2024-06-30 08:30:00 ET Summary Nvidia stock led the Magnificent Seven, delivering over 150% in total return YTD. Most of the Mag Seven outperformed the S&P 500 in the first half. Generative AI is also expected to strengthen the competitiveness of the biggest tech companies...
2024-06-30 08:00:00 ET More on Apple, Amazon, etc. Apple: No Longer A Growth Story How Google And YouTube TV Are Impacted By The NFL's Antitrust Verdict Apple Nears Our Target Price (Rating Downgrade) Microsoft, OpenAI deal said to face added scrutiny from EU...
2024-06-30 07:30:00 ET U.S. retail is a multitrillion-dollar industry and a pillar of America's economy. Amazon (NASDAQ: AMZN) , Walmart (NYSE: WMT) , and Costco Wholesale (NASDAQ: COST) are industry titans and world-class stocks that have all outperformed the broade...
2024-06-30 04:35:00 ET Billionaire investor Warren Buffett is not typically known for buying stocks that are going parabolic. He tends to favor steady performers with long growth paths. Buffett even cautions people to be fearful if greed is the force taking stocks on a parabolic ride. This ...
2024-06-29 11:22:00 ET If there's one thing that can attract shoppers, it's the lure of low prices. Combine that with the endless scrolling and the "influencers" promoting items that you have on social media, and you end up with online shopping platform Temu. And there's always some sort of...
2024-06-29 11:03:08 ET 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.... Read the full article on Seeking Alpha For furt...
2024-06-29 10:17:00 ET More on Consumer Discretionary Select Sector XLY: Consumer Discretionary Dashboard For June XLY: Poor Valuation Grades Overshadow Strong Profitability Grades For Top 10 Holdings XLY: Consumer Cooling Oppenheimer spotlights opportunities...
2024-06-29 10:04:00 ET Artificial intelligence (AI) is a transformative technology, and many businesses are rushing to capture a piece of this rapidly expanding market. Research outfit Statista forecasts that the AI industry will grow from $136 billion in 2023 to $827 billion by 2030. A...
2024-06-29 09:00:00 ET Artificial intelligence spending could rise $60B year-over-year in 2024, bringing the total to roughly $167B since the AI craze started, Barclays estimates. And although the spending frenzy has shown no signs of slowing down, the investment firm wonders when enough is...
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2024-07-22 05:18:00 ET When it comes to institutional money managers, Ark Invest CEO Cathie Wood and Berkshire Hathaway CEO Warren Buffett are two of the most closely followed. Despite their notable reputations, Wood and Buffett have very little in common. Buffett built his fort...
2024-07-20 18:00:00 ET Prime Day is always a big shopping event for Amazon (NASDAQ: AMZN) , as the e-commerce giant lures shoppers to its site with deals. This year's shopping event set a record for the company, with Adobe Analytics projecting shoppers spent approximately $1...
2024-07-20 07:07:00 ET Image source: Getty Images. After years of delays, in October 2023 Amazon (NASDAQ: AMZN) took its first step toward offering its very own satellite internet service. Competing with SpaceX's Starlink , Amazon launched a pair of prototype Kuipersats ...