Good MorningEquity markets continued to advance on Tuesday, although the pace of gains slowed. The S&P 500 advanced 0.20% after tepid results from blue-chip giant Walt Disney and others sapped enthusiasm for risk-on assets. Walt Disney reported good results but in alignment with expectations, giving no catalyst for a rally. The S&P may continue higher over the next few trading sessions but there is risk of slowing momentum and topping out near the all-time highs.
The next major hurdles for the market will come next week. The CPI data is due on Wednesday and is unlikely to alter the Fed outlook. Earnings reports from the retail sector are another hurdle for equities. Reports from leaders like Walmart and Home Depot are due early in the week and may provide an unwanted surprise. Reports from McDonald's, Coca-Cola, Kraft Heinz, and Starbucks reveal a pinched consumer that may show in the retail results. Investors should expect weakness generally and market-leading strength from the off-price segment. Featured: Gold's Price Surge: What It Means for You (Priority Gold) 
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Tech | | | Shares of Micron Technology (NASDAQ: MU), a leading provider of storage-focused microchip products worldwide, are having a year to remember. MU has surged over 40% year-to-date, significantly outperforming the overall market and its semiconductor sector, up 27% during the same period. Notab... Read the Full Story >> |
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From Our PartnersOne of America's top commodities experts just stopped by Alabama's biggest fusion energy plant today to share some very important news with you…
One that has to do with the state of the global energy markets… And how our nation's national security might be on the line if we don't act now…
You see, this critical resource is running very low.
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When top stocks skyrocketed as much as 3,379%, 5,973% even 9,149% in a few short years.
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Tech | | | Computer gaming and accessories manufacturer Logitech International S.A. (NASDAQ: LOGI) saw strength in its video gaming segment in Q1 2024. The computer and technology sector company has narrowed its focus to making gaming and streaming products like webcams, headsets, mice, and keyboards. It als... Read the Full Story >> |
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Markets | | | Asian markets were mostly higher Tuesday after another day of gains on Wall Street, although Chinese shares faltered. U.S. futures and oil prices edged higher. Tokyo's Nikkei 225, reopening after a national holiday, jumped 1.5% to 38,784.91 and the Kospi in South Korea surged 1.9% to 2,728.05. Hong ... Read the Full Story >> |
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Markets | | | This year's Berkshire Hathaway meeting gave shareholders their best chance yet to hear from the man who will one day take over as CEO when Warren Buffett is gone, but Buffett said for the first time Saturday that Greg Abel should also take responsibility for the company's investments after he takes ... Read the Full Story >> |
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Stocks | | | Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well.The company reported reported a $12.7 billion profit, or $8.825 per Class A share, in the quarter. That's roug... Read the Full Story >> |
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From Our PartnersThere's no shortage of controversial CEOs in America today...
From Elon Musk... to Disney's Bob Iger... to JP Morgan's Jamie Dimon...
But only one controversial CEO that I know of is willing to show you exactly how and why he cut his annual salary to $1... | | | | Don't miss Porter's brand-new presentation on this subject |
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Tech | | | Upwork Inc. (NASDAQ: UPWK) is the largest online freelancer platform in the world, with over 870,000 active clients. The computer and technology sector giant has been making a concentrated push to become a top artificial intelligence (AI) freelance work hub, partnering with OpenAI, GoDaddy Inc. (NYS... Read the Full Story >> |
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Markets | | | Social commerce platform Pinterest Inc. (NYSE: PINS) shares are climbing towards 52-week highs on the heels of a spectacular Q1 2024 earnings report. The rebound in the advertising market, coupled with its artificial intelligence (AI) powered personalization and shop-ability effects, bolstered the c... Read the Full Story >> |
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Markets | | | World shares were mostly higher on Wednesday after U.S. stocks held relatively steady on Wall Street.Oil prices fell and the yen weakened further against the U.S. dollar.Germany's DAX rose 0.2% to 18,626.00 and the CAC 40 in Paris jumped 0.6% to 8,122.40. Britain's FTSE 100 gained 0.4% to 8,347.77. ... Read the Full Story >> |
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Markets | | | The Walt Disney Co. moved to a loss in its second quarter, hampered by significantly higher restructuring and impairment charges, but its adjusted profit topped Wall Street's view and its streaming business was profitable Read the Full Story >> |
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Tech | | | Garmin Ltd. (NYSE: GRMN) launched in 1989 with the sole focus of providing GPS devices for consumers. Years later, the advent of smartphone GPS apps like Google Maps, Apple Maps, and Waze could have spelled death for the company. However, the computer and technology sector giant has thrived by branc... Read the Full Story >> |
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Wednesday's Early Bird Stock Of The Day Bio-Techne Corporation, together with its subsidiaries, develops, manufactures, and sells life science reagents, instruments, and services for the research and clinical diagnostic markets in the United States, the United Kingdom, rest of Europe, Middle East, and Africa, Greater China, rest of Asia-Pacific, and internationally. The company operates through two segments, Protein Sciences, and Diagnostics and Genomics. The Protein Sciences segment develops and manufactures biological reagents used ... | | View Today's Stock Pick |
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