Good MorningEquity markets are bracing for what could be bad news from America's retailers. Walmart and Home Deport are set to report and will set the tone for retail earnings due over the next two weeks. The expectation is for Walmart's revenue to grow but for shifting consumer habits to cut into profits and impact top-and bottom-line results for Home Depot. The risk is that results will be weaker than expected or come with soft guidance to undercut the outlook for 2024.
Among the retail stars from Q3 are the off-price retailers. The off-price retailers benefited from trends expected to accelerate in Q4 and may sustain solid performance for the group. Whether that is enough to sustain a rally in the S&P 500 is yet to be seen. As it is, the market is set up for a correction that may begin this week. A 3% to 5% decline in the index would take it back to the previous all-time highs in a healthy correction, but there is a risk that support will fail. The market could fall 10% to 20% in that scenario before hitting bottom. Featured: The World's First "$20 Trillion Drug"? (Behind the Markets) 
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Markets | | | Patient investors look for safer stocks when the VIX begins to pop to protect their portfolio or expose themselves to high-quality assets at potential discounts. Realty Income (NYSE: O) could be one of those picks this cycle as a part of a real estate stock play.... Read the Full Story >> |
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From Our PartnersGet a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. | | | | Analyze Any Stock Free |
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Stocks | | | A prominent investment theme of the past year is the outperformance of profitable companies with a unique competitive advantage. Obvious examples of stocks in that category include Nvidia Corp. (NASDAQ: NVDA), which dominates the market for AI chips, and Salesforce Inc. (NYSE: CRM), whose user-fr... Read the Full Story >> |
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Stocks | | | While the oils/energy sector had modest gains in 2023, solar energy stocks took a beating. The Invesco Solar ETF (NYSEARCA: TAN) is down 38.53% on a trailing 12-month basis and down 12% year-to-date (YTD). While solar trackers have been exceptionally strong, solar energy systems and panels are sta... Read the Full Story >> |
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From Our PartnersWhat we're seeing is a rare Bitcoin phenomenon that was last seen eight years ago…
To put things into perspective for you, the last time a cross pattern like this showed up on its chart…
Bitcoin shot up 8,000%...
Now, for the first time in about 8 years, we're about to see this phenomenon repeat itself on Bitcoin this year…
Now I'm not sure whether or not Bitcoin will hit another all-time high like the last time…
But from where we stand right now, I'm very bullish about where we're headed…
And that's because rare patterns like this are what puts more steps on the gas for this new way of crypto trading | | | | This is your best chance at it. |
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Markets | | | Super Micro Computer Inc. (NASDAQ: SMCI) has been a standout performer year-to-date after shares of the technology company have surged to record heights. Its remarkable year-to-date gains have captured the attention of traders, spectators and investors, as the stock has offered exce... Read the Full Story >> |
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Markets | | | China's central bank announced Tuesday that it cut its 5-year loan prime rate while leaving its 1-year rate unchanged in the latest move to ease pressures on the ailing property market.The 5-year rate was lowered by 0.25 basis points to 3.95% while the 1-year rate remains at 3.45%. It was the first ... Read the Full Story >> |
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From Our PartnersA new indicator shows “the Singularity” could launch as soon as three months from now. This is the moment we’ve all feared – when artificial intelligence officially surpasses us… becoming smarter than human intelligence. And when the Singularity hits, the entire world will be thrown into chaos. | | | | Click here to learn how to prepare yourself for what's to come |
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Markets | | | Datadog Inc. (NASDAQ: DDOG) is a cloud-based observability, monitoring and security platform for enterprise networks. The computer and technology sector leader helps companies monitor their complete infrastructure inside any application, stack and logs at any scale in real time... Read the Full Story >> |
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Markets | | | Global shares were trading mixed Tuesday on the second day Chinese markets were open after the Lunar New Year break. France's CAC 40 added 0.3% in early trading to 7,788.86, while Germany's DAX dipped 0.3% to 17,047.67. Britain's FTSE 100 was little changed, inching up less than 0.1% to 7,732.31. U.... Read the Full Story >> |
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Markets | | | Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation's credit card companies as well as potentially shake up the payments industry, which is largely dominated by Visa and Mastercard. Under the terms of the all-stock... Read the Full Story >> |
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Markets | | | Home Depot's sales continued to weaken in its fiscal fourth quarter, as the country's largest home improvement retailer deals with Americans who remain concerned about high mortgage rates and inflation Read the Full Story >> |
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Markets | | | A Virginia bank says it will delay plans to auction off land at West Virginia Gov. Jim Justice's posh resort in an attempt to recover more than $300 million on defaulted business loans by the governor's family Read the Full Story >> |
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Tuesday's Early Bird Stock Of The Day Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories... | Should I Buy Meta Platforms Stock? META Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Meta Platforms was last updated on Tuesday, February 13, 2024 at 8:26 AM. Pros- Meta has a risk management framework in place based on laws, regulations, industry standards, and practices. This helps mitigate potential risks and protect the company's financial position and reputation.
- Meta evaluates various factors such as threat intelligence and vulnerabilities, conducts risk assessments, and engages third-party experts. This demonstrates a proactive approach to managing risks and ensuring the company's security.
- Meta accrues a liability for probable and reasonably estimated losses, and discloses possible losses that cannot be reasonably estimated. This shows transparency in financial reporting and accountability for potential liabilities.
- Meta addresses diversity and inclusion in its governance practices and workforce. By publishing global and U.S. diversity data and implementing measures to reduce bias, the company promotes a diverse and inclusive work environment.
- Meta demonstrates its commitment to responsible business practices through the adoption of a Code of Conduct applicable to all officers, directors, and employees. This helps maintain ethical standards and fosters a culture of integrity within the company.
Cons- Meta operates in a competitive and rapidly changing environment. This poses challenges in terms of effective competition and the need to adapt to emerging risks.
- Fluctuations in currency exchange rates can impact Meta's financial results, especially considering its global operations. Investors should be aware of the potential risks associated with currency fluctuations.
- Meta's annual report does not disclose any specific sustainability initiatives or ESG metrics. This may be a concern for investors who prioritize environmental, social, and governance factors in their investment decisions.
- There is no explicit mention of a commitment to board diversity in the given context information. Investors who value diversity in corporate leadership may consider this a potential drawback.
- While Meta has a risk management framework in place, there is no information provided about any notable changes in leadership or independence. Investors may want to assess the effectiveness of the company's governance practices in light of potential risks.
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