1 Tool That Forecasts Recession Has Perfect Record
Oh gee, not only do bulls have to worry about how the CAPE index has risen above 30, historically a signal of an impending market correction. And not only do they have to be skittish about Nvidia hitting a $2 trillion market capitalization, leaving Meta and other Magnificent 7 stocks in the dust on valuation, but they also have another tool with an impeccable track record to worry about. » Read more about: 1 Tool That Forecasts Recession Has Perfect Record »
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The Single MOST Important Number for Amazon
Following the company’s second-quarter report, Amazon (AMZN) stock surged, but not because of its e-commerce business.
Amazon’s growth rate slowed, and the company took a loss in e-commerce. However, its cloud services business, Amazon Web Services (AWS), reported a 36% jump in operating income.
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3 Best Stocks To Buy Now
Although it’s essential to protect your investments, it’s equally important to remember that bear markets don’t last forever. While some began panic-selling, others have treated the downturn as an opportunity to buy assets at a discount. When the tide turns,
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Get Paid for the Rest of Your Life
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The Best Stock Over The Past 25 Years
You would probably assume that Apple’s rise to become a $3 trillion market capitalization company cements its holding on the title of the best performing stock over the past quarter century. If not Steve Jobs’s firm, surely Microsoft holds the top spot as the largest company by valuation in the S&P 500 today?
It turns out neither company has the title,
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Read MoreThe Burst
1 Odd Stock Set To Skyrocket?
Oddity Technology, a company at the intersection of consumer artificial intelligence, beauty, wellness, and now, even biotechnology, has largely flown under the radar but perhaps not for much longer. That’s because, unlike many AI stocks, Oddity isn’t growing like a weed at the expense of hefty losses.
Instead it’s reported soaring revenues and turning the bottom line positive in the process.
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Read MoreThe Spotlight
Will Roku Soar 9x From Here?
Roku’s most recent financial report disappointed investors. Slowing streaming growth and lower ad spending, paired with economic uncertainty, have caused Roku’s stock to plummet.
Shares are down over 66% year to date and more than 80% compared to the highs reached last year. The stock is so battered that many are staying away.
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Read MoreThe Daily
Stock market today: S&P 500, Dow waver near records ahead of key inflation data
US stocks diverged Wednesday as investors digested fresh data that showed inflation made little progress toward the Fed’s 2% target in October.
After clinching record highs on Tuesday, the S&P 500 (^GSPC) fell about 0.2%, while the Dow Jones Industrial Average (^DJI) rose around 0.3%.
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