Good MorningEquity markets were flat and mixed at the start of the week as traders prepared for the next inflation read. The CPI data is due today and is expected to be hot. The question is how hot it is and if it is enough to derail the FOMC from its current path. As it is, inflation remains well above the Fed's target rate and labor markets are healthy, giving little reason for them to cut rates despite the market expectations. The market has priced in a rate cut by June; it may not get one before fall.
Even if the CPI data is tame, the S&P 500 may have difficulty advancing. The tech stocks leading the rally have hit a ceiling that promises to cap gains at least until the next earnings cycle begins. That won't be for another four weeks, and it will be longer until names like Microsoft, Meta Platforms, NVIDIA and Advanced Micro Devices report. Until then, expect economic data to drive volatility. Featured: "Chilling War Games Show US Forces Crushed" – FOX NEWS (Behind the Markets) 
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Markets | | | Build-A-Bear Workshop (NYSE: BBW) is an iconic brand with enduring products that resonate with consumers - if you are looking for a comprehensive guide to Build-A-Bear stock, where it’s been and where it’s going, this is it. This article takes you on a journey that begins with the comp... Read the Full Story >> |
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From Our PartnersThe dot-com crash… the housing bubble… the COVID crash… but we’ve still never seen anything like what’s coming for artificial intelligence in as little as three months. It’s called the Singularity – and it refers to the exact millisecond when AI breaks free from its shackles to grow BILLIONS of times more powerful than humans. | | | | Click here to learn how to prepare yourself for what's to come |
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Markets | | | Following the breakout after reporting earnings, Samsara (NYSE: IOT) is now firmly in the spotlight as its stock soared. With a stellar fourth-quarter earnings report released on Thursday, March 7, Samsara has again captured investor attention, surpassing Wall Street estimates and igniting a signi... Read the Full Story >> |
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Markets | | | Shares were mostly higher in Asia on Tuesday ahead of a report on inflation in the U.S. that could sway the Federal Reserve's timing on cutting interest rates. U.S. futures and oil prices were higher.Japan's Nikkei 225 lost 0.6% to 38,586.92, retreating further from its recent record highs as expect... Read the Full Story >> |
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Markets | | | What do Super Micro Computer Inc. (NASDAQ: SMCI), Dell Technologies Inc. (NYSE: DELL) and Hewlett Packard Enterprise Co. (NYSE: HPE) have in common? They are all in the computer and technology sector, and they all make artificial intelligence (AI) servers. They all predominantly use Nvidia Co. (NA... Read the Full Story >> |
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Markets | | | Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year, down from its 2022 record due to lower energy prices.The results still marked the company's second highest ever result, Aramco said, as members of the OPEC+ alliance continue to cut their production to try to boost g... Read the Full Story >> |
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From Our PartnersThis stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here. | | | | Learn why here |
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Markets | | | Shares were mostly higher in Europe and Asia on Tuesday ahead of a report on inflation in the U.S. that could sway the Federal Reserve's timing on cutting interest rates. In early European trading, Germany's DAX picked up 0.2% to 17,789.05 and the CAC 40 in Paris edged 0.1% higher to 8,025.97. Brita... Read the Full Story >> |
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Markets | | | Kroger’s (NYSE: KR) stock surged following the Q4 results and guidance, not because of any mind-blowing growth but because this high-quality cash-producing machine proved its worth. It is on track to deliver shareholder value with or without the merger with Albertsons Companies (NYSE: ACI) a... Read the Full Story >> |
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Markets | | | A triple-digit percentage move upwards in little more than a month should tell you everything you need to know about how Wall Street is looking at Coinbase Inc (NASDAQ: COIN) these days. Having endured the worst that the crypto winter could throw at it, the crypto exchange has come roari... Read the Full Story >> |
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Markets | | | Russians are finding a few imported staples, like fruit, coffee and olive oil, have shot way up in price. Most global brands have disappeared — or been reincarnated as Russian equivalents under new, Kremlin-friendly ownership. A lot more Chinese cars are zipping around the streets. Those who want a ... Read the Full Story >> |
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Markets | | | Japan's economy managed to grow in the fourth quarter of last year, averting a recession, according to revised government data released Monday that had previously shown a contraction.Real gross domestic product, or GDP, grew in October-December at an annual pace of 0.4% instead of a contraction of 0... Read the Full Story >> |
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Tuesday's Early Bird Stock Of The Day Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores primarily to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for ... | Should I Buy Ross Stores Stock? ROST 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 Ross Stores was last updated on Tuesday, March 05, 2024 at 11:57 PM. Pros- Ross Stores has shown consistent growth in institutional investor holdings, indicating confidence in the company's future performance.
- The company operates off-price retail stores, which can be appealing to consumers looking for quality products at discounted prices, potentially driving higher sales volumes.
- Recent stake increases by wealth management firms like EverSource Wealth Advisors LLC and Raleigh Capital Management Inc. suggest positive sentiment towards Ross Stores' stock.
- With a focus on middle-income and moderate-income households, Ross Stores caters to a broad consumer base, potentially reducing the impact of economic downturns on its business.
- Despite market fluctuations, Ross Stores has maintained a stable stock price, offering investors a sense of security and predictability.
Cons- While institutional investors have increased their holdings, the high percentage of institutional ownership (84.79%) may limit individual investors' influence on the company's direction.
- The apparel retail industry is highly competitive and subject to changing consumer preferences, posing a risk to Ross Stores' market share and profitability.
- Economic uncertainties or shifts in consumer spending habits could impact Ross Stores' sales and revenue, leading to potential stock price volatility.
- Operating primarily in the United States exposes Ross Stores to domestic market risks, such as regulatory changes, economic downturns, or regional disruptions.
- Investors should carefully monitor the company's ability to adapt to evolving retail trends and technological advancements to stay competitive in the industry.
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