For decades, Alcoa Corporation (AA) was considered the bellwether for the American industry. It was a convenient arrangement. Not only was Alcoa first in alphabetical order, it was also an aluminum giant. Its products were used in everything from construction to automobiles to consumer goods. So, its earnings results provided Wall Street with a good ...
BLS Data Debacle Even though the market is just now making its way out of the ‘Summer doldrums and many institutional investors are returning from summer vacations, Wall Street is off to an eventful week from both an economic data and industry theme perspective. Tuesday morning, the Bureau of Labor Statistics (BLS) released a revision ...
The S&P 500’s communication services sector is enjoying a strong year. Its 16.79% YTD gain is tops among all 11 sectors, with some big-name companies leading the way. T-Mobile US (NASDAQ: TMUS) is up nearly 15%, AT&T (NYSE: T) is up more than 27%, and Netflix (NASDAQ: NFLX) is up nearly 38%. But one under-the-radar communications ...
Investors in Ford Motor Co. (Symbol: F) saw new options begin trading today, for the October 24th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the F options chain for the new October 24th contracts and identified the following call contract of particular interest. The call contract at the $12.50 ...
Key Points Few tech giants have faced as sharp a reversal of fortune as Alibaba Group (NYSE: BABA). Once the pride of China’s internet economy and a global e-commerce leader, Alibaba has spent the last four years navigating regulatory crackdowns, intensifying competition, and sluggish consumer demand. At its peak in 2020, shares traded above $300. ...
With just a week remaining until the highly anticipated September Federal Open Market Committee (FOMC) meeting, Thursday’s results for August is the last major hurdles lying between the expected resumption of the FOMC easing cycle. Fed fund futures have fully priced a 0.25% rate reduction next Wednesday — and are currently priced for a full ...
Key Points Oracle is a much better business than it was just a few years ago. Investors are optimistic that Oracle’s spending can continue to translate into breakneck cloud growth. Oracle is under pressure due to its debt-heavy balance sheet. 10 stocks we like better than Oracle › Exceptional returns by Broadcom, Oracle (NYSE: ORCL), ...
Key Points Demand for semiconductors and related networking technology used to facilitate AI has surged in recent years. Broadcom’s notable array of chips and infrastructure products is helping drive the adoption of AI. Despite its critical position in the AI ecosystem, the stock is reasonably priced when viewed in the context of its historic growth ...
Two of the hottest artificial intelligence (AI) stocks heading into 2025 are Palantir Technologies (NASDAQ: PLTR) and SoundHound AI (NASDAQ: SOUN). Both stocks had a phenomenal 2024, with Palantir’s stock up almost 400% and SoundHound AI’s gaining nearly 900%. That’s nearly unheard-of performance, and any investor would love to have returns like that. But after ...
Suppose the channel checks reported by Wedbush concerning the supply-demand imbalance for NVIDIA’s (NASDAQ: NVDA) AI GPUs are correct. In that case, it isn’t a matter of Advanced Micro Devices (NASDAQ: AMD) taking share but claiming it. According to them, the checks in August revealed a 10-to-1 imbalance, which leaves ample market share to be ...
