Apple Q2 earnings: Services, gen. AI are potential bright spots

Yahoo Finance Video
Dow ends win streak, meme stocks surge in Monday rally
The Dow Jones Industrial Average (^DJI) has broken its win streak after carrying gains for eight straight sessions. The S&P 500 (^GSPC) closes just a hair below its flatline, but still above 5,200, while the Nasdaq Composite (^IXIC) ends the day 0.29% higher. Market Domination Overtime Host Julie Hyman checks out the day's market performance after a post on X (formerly Twitter) by user Roaring Kitty sparked a meme stock rally. Yahoo Finance Senior Markets Reporter Jared Blikre also joins the show to examine sector laggards and the gains seen across top meme stocks, like GameStop (GME) and AMC Entertainment (AMC). For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Yahoo Finance Video
Meme trade: What does it mean for the broader market?
The meme stock trade reemerged on Wall Street after the influential figure Roaring Kitty returned to the social media platform X during Monday's trading session. Yahoo Finance's Josh Schafer joins Market Domination Overtime to dissect the meme stock rally, delving into the underlying market dynamics and exploring the potential implications of this rally for the broader market moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Yahoo Finance Video
CPI data may signal two Fed rate cuts: Strategist
As the Consumer Price Index (CPI) data fell mostly in line with expectations for the month of April, it may signal to traders that inflation is beginning to moderate, potentially allowing the Federal Reserve to lower interest rates. According to CME FedWatch, over 50% of traders are pricing in a rate cut in September. Northwestern Mutual Wealth Management Chief Portfolio Manager Matt Stucky joins The Morning Brief to discuss how this recent inflation data could allow for a rate cut. Stucky details the market's reaction after the CPI reading was released: "This is a pretty clear indication that the market's reacting to this is an across-the-board soft print as you look at both the CPI print as well as the retail sales. And really the clearest way you can look at that is the September rate cut odds. Going into today, you kind of have the market pricing in one cut, maybe a small percentage chance of a second rate cut. But now we're kind of pricing in two cuts now. And that has implications for markets." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Yahoo Finance Video
These two factors will bring inflation to 2%: Economist
Ahead of the highly anticipated Consumer Price Index (CPI) report scheduled for release on Wednesday, PNC Financial Services Group Chief Economist Gus Faucher joins Market Domination Overtime to discuss the potential implications of future Federal Reserve rate cuts. Faucher anticipates a slowdown in the year-over-year CPI report, which he considers "good news from the Fed's perspective." However, he expects the Federal Reserve to maintain a cautious stance and keep interest rates on hold until it can observe "more definitive proof that inflation is really slowing." Faucher outlines two critical factors that need to materialize for the Fed to achieve its inflation target: "slower growth in housing costs," which has not yet been reflected in the shelter component of inflation data. And second, weaker wage growth is necessary, as these two elements combined can guide markets "back to that 2% objective." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Reuters
France's Ubisoft sees "solid" bookings growth after swinging back to profit
(Reuters) -French video games group Ubisoft expects "solid" growth in net bookings during the current financial year, it said on Wednesday, as it prepares for the launch of new titles "Star Wars Outlaws" and "Assassin's Creed Shadows". For the company's first quarter to end-June, net bookings should total around 275 million euros ($298.60 million), it added. "This very promising line-up gives us confidence in our ability to achieve the financial targets we have set ourselves for 2024-2025," CFO Frederick Duguet said during a call with journalists.
Yahoo Finance
Home Depot earnings show signs of a consumer pullback
US shoppers under pressure are expected to spend less at Home Depot, but the home improvement retailer may make up some of the loss with professional consumers.
The Canadian Press
Pickup driver with lengthy record held in Florida bus crash that killed 8 Mexican farmworkers
OCALA, Fla. (AP) — A man with a long record of dangerous driving pleaded not guilty on Wednesday to driving under the influence-manslaughter in the deaths of eight Mexican farmworkers whose bus was sideswiped by his pickup truck in central Florida. Dozens more were injured. Bryan Maclean Howard, 41, remains jailed without bond for Tuesday's crash where the Florida Highway Patrol says he drove his 2001 Ford pickup into the center line on a two-lane road and sideswiped a farmworker bus, causing it
The Motley Fool
Why I Continue Buying Shares of This Healthy and Secure 5.3%-Yielding Dividend Stock
This dividend stock offers a high yield and significant long-term growth potential. It's also one of the safest stocks you can buy. The post Why I Continue Buying Shares of This Healthy and Secure 5.3%-Yielding Dividend Stock appeared first on The Motley Fool Canada.
The Motley Fool
Should You Buy This 7% Dividend Stock While it’s Below $6?
This dividend stock is still down by 36% in the last year but offers even more growth after taking a year to balance the books. The post Should You Buy This 7% Dividend Stock While it’s Below $6? appeared first on The Motley Fool Canada.
The Motley Fool
3 Bullish TSX Stocks on an Upward Trend
These TSX stocks have done well in the last year, and the future also looks bright -- especially if you buy during the continued dip. The post 3 Bullish TSX Stocks on an Upward Trend appeared first on The Motley Fool Canada.
The Motley Fool
Shopify Stock Plunged 21% Last Week: Buy or Bail?
Shopify (TSX:SHOP) stock has been hurting after its earnings as management cautions on its coming Q2. The post Shopify Stock Plunged 21% Last Week: Buy or Bail? appeared first on The Motley Fool Canada.
Reuters
Canada to convene meeting to discuss money laundering allegations against TD Bank
A U.S. Department of Justice investigation into TD Bank was focused on how Chinese drug traffickers and crime groups used Canada's second-largest lender to launder their money from fentanyl sales, the Wall Street Journal reported earlier this month. Five members of the finance committee requested to discuss recent revelations regarding TD Bank and allegations of failing to report money laundering related to trafficking of fentanyl, the House of Commons committee said on Tuesday.
The Canadian Press
Meme stocks are roaring again. This time may be different
NEW YORK (AP) — Meme stocks are shaking Wall Street once again. That shouldn't be much of a surprise. Ever since bands of smaller-pocketed and novice investors began taking stock prices of downtrodden companies to breathtaking heights three years ago, the potential for more flareups has been obvious. Some things are different this time. The biggest change from the initial supernova for GameStop's stock is how the experience of 2021 makes this all feel familiar. That familiarity, plus some change
Business Insider
Warren Buffett is hoarding $200 billion as he may see 'storm clouds' ahead, says top economist Steve Hanke
Warren Buffett keeps building Berkshire Hathaway's cash pile because bargains are scarce and he seems worried about the world, Steve Hanke said.
The Motley Fool
3 Stocks That Can Help You to Get Richer in 2025
Consistent and reliable growth stocks can serve as trustworthy wealth builders for short-term and long-term wealth goals. The post 3 Stocks That Can Help You to Get Richer in 2025 appeared first on The Motley Fool Canada.
Barrons.com
GameStop, AMC Are Falling. AMC Now Plans a Stock Offering
If the past is anything to go by, the rally will peter out at some point and shares will fall back, but it’s impossible to know when that might be.
Fortune
Tesla—which never buys ads—is buying ads to promote Elon Musk’s record $52 billion pay deal days before key shareholder vote
Musk blasted advertising as 'manipulating public opinion', but when it comes to his compensation package, he's not taking any risks.
Simply Wall St.
Unveiling 3 Premier Dividend Stocks Yielding Up To 7.5%
As global markets show signs of resilience, with key indices like the S&P 500 approaching record highs amid fluctuating economic indicators, investors are increasingly scrutinizing opportunities for steady returns. In this context, dividend stocks emerge as appealing options due to their potential to provide investors with a consistent income stream in a landscape marked by both optimism and uncertainty.
GOBankingRates
Can You Retire Off One ETF? Money Expert Humphrey Yang Has the Answer
Financial guru Humphrey Yang recently argued in a YouTube video that you don't need to invest in multiple exchange-traded funds (ETFs) in order to help you grow your nest egg and be financially on...
The Motley Fool
2 No-Brainer Stocks to Buy With $100
These no-brainer stocks have solid growth prospects and the potential to generate substantial capital gains in the long term. The post 2 No-Brainer Stocks to Buy With $100 appeared first on The Motley Fool Canada.

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STOCKS JUMP AFTER U.S. INFLATION REPORT RELEASE

Apple Q2 earnings: Services, gen. AI are potential bright spots

Latest Stories

Dow ends win streak, meme stocks surge in Monday rally

Meme trade: What does it mean for the broader market?

CPI data may signal two Fed rate cuts: Strategist

These two factors will bring inflation to 2%: Economist

France's Ubisoft sees "solid" bookings growth after swinging back to profit

Home Depot earnings show signs of a consumer pullback

Pickup driver with lengthy record held in Florida bus crash that killed 8 Mexican farmworkers

Why I Continue Buying Shares of This Healthy and Secure 5.3%-Yielding Dividend Stock

Should You Buy This 7% Dividend Stock While it’s Below $6?

3 Bullish TSX Stocks on an Upward Trend

Shopify Stock Plunged 21% Last Week: Buy or Bail?

Canada to convene meeting to discuss money laundering allegations against TD Bank

Meme stocks are roaring again. This time may be different

Warren Buffett is hoarding $200 billion as he may see 'storm clouds' ahead, says top economist Steve Hanke

3 Stocks That Can Help You to Get Richer in 2025

GameStop, AMC Are Falling. AMC Now Plans a Stock Offering

Tesla—which never buys ads—is buying ads to promote Elon Musk’s record $52 billion pay deal days before key shareholder vote

Unveiling 3 Premier Dividend Stocks Yielding Up To 7.5%

Can You Retire Off One ETF? Money Expert Humphrey Yang Has the Answer

2 No-Brainer Stocks to Buy With $100