Archives for May 2024

May 2024 - Money Morning - Only the News You Can Profit From

Three Stocks: Tesla, Dell and Alphabet

Dell Technologies Inc. Dell shares closed the week on a strong note after the technology company got a bump from NVIDIA’s “Halo Effect”.  The stock was almost 5% higher for the day. Shares of Dell broke through the $150 price level and new all-time highs as investors have ridden a volatility surge higher since the […]

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Why the Short-Term Rental Boom is About to Bust

Now, let’s dive right in… The blockbuster movie about the ultimate crash of the housing market – “The Big Short” – was one of the best portrayals of the 2007-2009 housing crisis.  On that I think we can all agree. What most people don’t think of is the period that led up to the crash. […]

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Three Things Moving Stocks Today

Stocks closed the day in the red yesterday, and you would have thought that the world was coming to an end. I overheard “It was the worst day of trading in 2024 for the Dow” coming from one analyst on the television in my office and shook my head with a smile on my face. […]

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Three Stocks: Boeing, Nvidia, and Snowflake

Boeing Boeing (BA) stock dropped more than 7% today as a flurry of headlines caused investors to rethink the industrial giant’s outlook. What started late yesterday as a delay of deliveries to China based on a state regulator’s review of batteries used in cockpit voice recorders grew to the company’s announcement that current quarter deliveries […]

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Building Fast Profits on an Iron Mountain

I remember the days of loading a paper tape or punch cards into a device hooked up to my dad’s computers. The rolls of tape got larger until they turned to floppy drives, the hard drives. It was around that time that my dad told me that one day, data would turn into the most […]

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Three Stocks: Nvidia, Target, and lululemon

Nvidia Shares of Nvidia (NVDA) are 5%+ higher after the company’s earnings report this afternoon. The company beat their earnings per share target by $0.52. That comes to a number that is 9.2% better than analysts were looking for. For comparison, the company beat last quarter’s earnings per share (EPS) target by 12%. The company’s […]

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Three Things Moving the Markets Today

Retail Earnings Reports Retail earnings season is still in full swing with Target (TGT), TJX (TJX), and Williams-Sonoma (WSM) all dropping their earnings results on the market ahead of this morning’s opening bell. Of the three, TJX is the only stock trading higher as the company is benefiting from an increase in bargain shoppers hitting […]

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Three Stocks: Microsoft, Adobe, and Lowe's

Microsoft Microsoft (MSFT) stock is breaking to new all-time highs as the company dropped details on their new product lines. Among the releases are new surface and other PCs that debut the use of Copilot+ features. The computers and Copilot+ represent Microsoft’s movement to monetize their advances in AI, representing the next large revenue stream […]

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Three Stocks: NVIDIA, Netflix and Bitcoin

NVIDIA (NVDA) With its earnings only a few days, NVIDIA shares made a 2.5% move today that barely missed closing the stock in new high territory. Shares closed the day at $947.82 as four different Wall Street analysts decided that today was the day to raise their price targets on the stock. Two of the […]

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These Inflation-Fighting Retailers Are Winning

Last week, shares of Walmart (WMT) took off through the roof after the discount retailer announced earnings results that were better than investors’ expectations… But there was a catch. Walmart, known historically for its no-frills shopping experience and low prices, tends to attract buyers through their doors when things get tight with the family budget. […]

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