Good MorningEquity markets were mixed on Monday as traders weighed the risks of recession against the upward momentum of AI. Names like AMD and NVDA advanced 5% for the session as they cement their leadership positions, but others were not so lucky. Former market leader Apple shed 2.5% for the session and set a new multi-month low.
The risk for equity markets this week is the NFP report. The NFP is expected to confirm another month of solid labor market activity and may be hotter than expected. Assuming the NFP doesn't turn negative unexpectedly, the critical data will be the wage data, which is expected to be hot. Wages are growing at a near 4.5% YOY pace, helping to underpin inflation and keep the FOMC from cutting rates. The FOMC will unlikely cut interest rates until that trend is over. Featured: The A.I. Trend Has These 7 Stocks Set To Soar (Darwin) 
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Markets | | | The market has now gone through a complete cycle in record time. From 2020 to today, it seems that interest rates and the underlying business cycle have gone from one end of the spectrum to the other without causing any of the turmoil that typically comes with such a swing. These cycle swings can... Read the Full Story >> |
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From Our PartnersAccording to one of the world’s top AI scientists, there’s a major event coming as soon as three months from today that could cause expensive tech stocks like Microsoft, Google, and NVIDIA to double or triple in price in the months ahead… but whatever you do, don’t go all in on big tech before you have all the details. | | | | Click Here to Find Out More |
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Markets | | | Zoom Video Communications Inc. (NASDAQ: ZM) has been trying to work through normalization after its monstrous pandemic surge in 2021. In the following post-COVID years, Zoom Video has been struggling to stabilize its business and stock price, attempting to find a baseline so it can resume its grow... Read the Full Story >> |
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Stocks | | | If you missed out on the 244% gain in Nvidia Corporation (NASDAQ: NVDA) in the past 12 months, you have impressive company. Cathie Wood, head of Ark Investment Management, sold NVDA stock in 2023 and never looked back. Critics of Wood, of which there are many, will see this as more ammunit... Read the Full Story >> |
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From Our PartnersIS TSLA A BUY?
They say people lie, but numbers don't…So, let's talk numbers…
Year to date, TSLA is up over 100%...
It's outperforming 99.4% of all S&P 500 stocks…
And 1,500 institutions have added to their Tesla positions…
A handful of them expect TSLA to reach nearly $600 by the end of 2025… | | | | If you want the details just go here and you'll see everything. |
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Markets | | | UnitedHealth Group Inc. (NYSE: UNH) has given up almost all of its 12-month gains in the last week after two unrelated incidents have rocked the company. At the close of trading on March 1, 2024, UNH stock had lost more than $25 billion in market value. The health insurance provider contin... Read the Full Story >> |
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Markets | | | Lemonade (NYSE: LMND) turned up on Marketbeat’s radar before the Q4 release, popping up for unusual call volume activity, highlighting its tradability if not a good trade. Investors hoping to cash in on a ramp in share prices were disappointed by the guidance, which soured the market and sha... Read the Full Story >> |
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From Our PartnersAlmost every investor has heard of Nvidia. The AI chipmaker became the 7th trillion-dollar company in history. Up 233% this year alone... 9,624% over the last decade. The exciting thing about investing in AI: Nvidia was just the beginning. Over the next few months, I expect a new wave of AI stocks to take the lead. Some could soar even higher than Nvidia. | | | | Click here to find out which three AI stocks I think have the most potential. |
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Markets | | | China's blueprint for its economy in 2024 is replete with goals and promises, but it's also notable for not spelling out specific moves to attain long-promised reforms that foreign businesses and investors have been hoping for Read the Full Story >> |
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Stocks | | | Shares were mostly lower in Europe and Asia on Tuesday following a decline on Wall Street. U.S. futures and oil prices also fell. Germany's DAX lost 0.3% to 17,670.90 and the CAC 40 in Paris was also 0.3% lower, at 7,936.95. Britain's FTSE 100 likewise fell 0.3%, to 7,615.23. The future for the S&am... Read the Full Story >> |
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Markets | | | China aims to achieve 5% economic growth this year, Premier Li Qiang said Tuesday, acknowledging that it will be a challenging goal in difficult times. In his address to the annual session of the National People's Congress, Li outlined plans to boost spending on developing advanced technology, forti... Read the Full Story >> |
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Markets | | | Target reported a 58% increase in fourth-quarter profits and handily beat Wall Street expectations as the retailer cut costs and maintained a lean inventory.Revenue rose slightly from a year ago and also topped projections. Comparable sales — those from stores or digital channels operating at least ... Read the Full Story >> |
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Markets | | | The Biden administration announced a rule Tuesday to cap all credit card late fees, the latest effort in the White House push to end what it has called "junk fees" and a move that regulators say will save Americans up to $10 billion a year. The Consumer Financial Protection Bureau's new regulations ... Read the Full Story >> |
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Tuesday's Early Bird Stock Of The Day Autodesk, Inc. provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing... | Should I Buy Autodesk Stock? ADSK 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 Autodesk was last updated on Sunday, March 03, 2024 at 1:26 AM. | | View Today's Stock Pick |
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