Souring S&P 500 Profit Outlook a Bad Sign for Stock Market Rally
(Bloomberg) — Wall Street analysts are quickly scaling back their forecasts for Corporate America’s earnings growth over the next year, which could pump the brakes on the blistering stock market rally before long.
A key indicator known as earnings-revision momentum — a gauge of upward-to-downward changes to expected per-share earnings over the next 12 months for the S&P 500 — has slumped into negative territory and is hovering near its second-worst reading in the past year,
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Read MoreThis Market-Crushing Stock Is Still a Top Buy
It’s hard to find a more reliable market-beating stock than Costco Wholesale (COST -1.82%). It hasn’t delivered the wildest gains, but it has climbed up steadily and without fanfare in an almost linear progression, missing the ups and downs of a typical stock trajectory.
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Read MoreCristiano Ronaldo reveals his retirement plans amid career milestones
Cristiano Ronaldo has recently opened up about his retirement plans after setting a new record for the most international wins in men’s football.
With a remarkable brace against Poland, Ronaldo secured Portugal’s place in the UEFA Nations League quarter-finals.
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Read MoreBloom Energy stock soars on American Electric Power deal
Bloom Energy (BE) stock rallied Friday afternoon after the company announced a new deal with American Electric Power (AEP). Under the agreement, AEP will use Bloom’s fuel cell technology to provide power solutions for artificial intelligence data centers.
Market Domination Hosts Julie Hyman and Josh Lipton break down the details.
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Read MoreNvidia stock sinks on reports of Blackwell AI server issues ahead of earnings
Nvidia stock (NVDA) sank as much as 3.4% Monday before paring losses, following a new report from the Information highlighting overheating issues with its latest Blackwell artificial intelligence servers.
The news comes ahead of the AI chipmaker’s earnings report, which is slated for release after the market close on Wednesday.
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Read MoreThe Burst
1 AI Stock To Avoid In 2024
The story and hype around artificial intelligence drove a whole wave of technology stocks higher in 2023. Some of the gains were well-deserved and others, like Broadcom, might have mushroomed to unsustainable levels for 2024.
We took a peek at the financials to see if the current valuation matches with the price and,
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Read MoreThe Ivy
Red Hot Inflation, Volatility Soars And Scary Prediction
When the CPI news hit the wires, the market immediately started to sell off on Wednesday. Concerns rose that inflation, which many thought had tempered, was in fact red hot.
Translation: The Federal Reserve would be less likely to cut rates. And since rate cuts have been priced in, the only way for the market to go was down,
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Read MoreThe Spotlight
What Is The Secret To Buffett’s Success?
Warren Buffett is widely considered one of the most successful investors of all time, with a net worth of over $100 billion. So, what is the secret to his success? We check out Buffett’s track record and spotlight buys and sells that highlight how he became so wealthy.
Berkshire Hathaway’s Returns Since Buffett Took Over as CEO
Since Buffett took over as CEO in 1970,
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