Good MorningEquity markets started Tuesday's session on an uncertain footing after tensions in Ukraine escalated. However, the market quickly regained footing to confirm support at a critical level, aligning with the election-inspired rally two weeks ago. With this in play, the odds are high that the election-driven rally is not over and that the S&P 500 index will soon set a new high.
Results from Walmart aided the market rebound. The world's largest employer outpaced consensus on the top and bottom lines and raised its guidance, citing resilient consumer health and steady spending. The news suggests the holiday shopping season will be merry and bright, lifting Walmart's stock price by 5% to set a new all-time high. Analysts are lifting their targets for WMT stock, which may continue to trend higher through the end of the year. Featured: J.P. Morgan's warns of "most predictable crisis in history" (Behind the Markets) 
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Markets | | | The artificial intelligence (AI) sector is booming, with companies like NVIDIA (NASDAQ: NVDA) leading the charge and delivering stunning returns for investors. However, a smaller player, SoundHound AI (NASDAQ: SOUN), has quietly outperformed most of the biggest industry giants, including NVIDIA.... Read the Full Story |
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Markets | | | Walmart’s (NYSE: WMT) Q3 report and guidance for Q4 revealed that the tailwinds driving its business remain strong and steady, driving outperformance and another increase to the outlook. The news sent shares to a new all-time high, firing a strong technical signal that suggests this market... Read the Full Story |
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Markets | | | Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust.For the three months that ended Oct. 27, the tech giant based in Santa Clara, California, posted revenue of $35.08 billion, up... Read the Full Story |
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Stocks | | | One of Asia's richest men, controversial Indian tycoon Gautam Adani, is again in the spotlight. His companies' stocks plunged up to 20% on Thursday after he was indicted by U.S. prosecutors on charges he duped investors in a massive solar energy project in India by concealing that it was being facil... Read the Full Story |
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Markets | | | Lowe’s Companies (NYSE: LOW) price action pulled back from its October peak, providing a second-chance opportunity for investors. The opportunity is to add to positions or create new ones at a discounted price. Tepid results cause the pullback, but it is unlikely to get much deeper because o... Read the Full Story |
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Markets | | | Global shares were mostly lower on Thursday as markets digested a strong profit report from U.S. chipmaker Nvidia. Nvidia again topped analysts' expectations. But technology shares in Tokyo declined as they had already risen earlier in anticipation. In after-hours trading, Nvidia's shares lost 2.5%.... Read the Full Story |
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Markets | | | Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates.In September, its officials predicted that they would reduce their benchmark rate four times next year, on ... Read the Full Story |
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Markets | | | Nvidia has once again turned out quarterly results that exceeded Wall Street's forecasts. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. Revenue nearly doubled in the latest quarter from the same period a year earlier, Nvidia... Read the Full Story |
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Markets | | | The biotech sector recently experienced a sharp reversal following a failed breakout attempt post-election. While most areas of the market surged to new heights after Donald Trump’s election win on November 5, biotech ETFs like the iShares Biotechnology ETF (NASDAQ: IBB) and the SPDR Biotech... Read the Full Story |
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Stocks | | | The ultimate goal of a business is to generate cash for its shareholders. Investors often consider net income the “bottom line” of a business, indicating how much profit it makes. Net income equals revenue minus expenses. However, some types of revenue and some types of expenses don&rs... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Cyclacel Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops medicines for the treatment of cancer and other proliferative diseases in the United States, the United Kingdom, and internationally. The company's lead product includes fadraciclib, a cyclin dependent kinase Inhibitors (CDK) that is in Phase 1/2 clinical trial for the treatment of solid tumors and hematological malignancies, as well as in combination with venetoclax to treat relapsed or refractory chronic ... | | View Today's Stock Pick |
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