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JPMorgan’s top tech analyst likes Amazon and 2 other stocks heading into earnings

The Wall Street bank also named Uber a top pick due to its rapid product launches and market leadership in the ride-sharing and food delivery businesses.

Author Posted on July 16, 2024Categories Uncategorized

Stocks are booming in 2024, but financial advisors say it may be time to get a little defensive

A surge in tech has driven the S&P 500 to new heights this year, but now may be a good time to look at underappreciated corners of the market.

Author Posted on July 16, 2024Categories Uncategorized

IMF sees ‘bumps’ in path to lower inflation

Stubborn services and wage inflation will slow the pace of disinflation in the U.S. and globally, according to the IMF.

Author Posted on July 16, 2024Categories Uncategorized

Regional bank earnings reports may not matter as group rips higher on rate cut optimism

The SPDR S&P Regional Bank ETF (KRE) has risen for six straight trading sessions and closed on Monday at its highest level since December.

Author Posted on July 16, 2024Categories Uncategorized

Shares of this controversial health-care stock poised to break out to new high, according to the charts

Todd Gordon breaks down the trade in Hims & Hers Health.

Author Posted on July 16, 2024Categories Uncategorized

Ray Dalio makes the case for gold as the precious metal hits new record high

Ray Dalio believes gold deserves a significant portion of one’s portfolio, saying the precious metal is still appealing even at record highs.

Author Posted on July 16, 2024Categories Uncategorized

Defense stocks historically benefited from Republican control. Analysts warn this may not be the case under Trump

Wells Fargo believes Trump’s NATO-skeptic stance could result in reduced overseas spending.

Author Posted on July 16, 2024Categories Uncategorized

Trump’s VP pick Vance could have a market impact if they win—Beware Meta and Alphabet

Wall Street is weighing in on how former Donald Trump’s pick for vice president could potentially influence some major policy decisions in the White House.

Author Posted on July 16, 2024Categories Uncategorized

Using ‘bear put spreads’ to cash in on a stock that’s run too far, too fast

Nishant Pant takes some off the table during this rally using options.

Author Posted on July 16, 2024Categories Uncategorized

Bank of America calls this chip stock its top AI pick with ‘no signs of demand slowing down’

This key AI stock could have further room to run, the firm said on Monday.

Author Posted on July 16, 2024Categories Uncategorized

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RSS MarketWatch: Stock Market News

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