Another Domino Falls
As oil prices have spiked in the last few weeks, several consumer-related groups fell like dominoes. Yesterday, the legacy auto stocks have had their number called.
Market News
S&P 500 Earnings: Quarterly S&P 500 EPS Estimate Hits $100 Per Share
With just 2 weeks left in the Q2 '26 reporting and about 4 weeks from the beginning of the Q3 '26 earnings releases for the S&P 500, it's remarkable the growth in the benchmark estimate, and it's probably not sustainable. The Q2 EPS reports were heavily influenced by the Anthropic markup, with LSEG reporting the last few weeks that Anthropic added 15% to 2nd quarter '26 EPS growth, which doesn't include tariff refunds, etc.
More Sectors Join The Oversold Club
Financials and Materials fell 1.62% and 0.73%, respectively, on Wednesday, pushing both into oversold territory and bringing the total to seven of the S&P 500's eleven sectors. Materials and energy have spent the fewest days oversold at 15 and 17, compared with 25 for the S&P 500.
S&P 500 Snapshot: Stocks Edge Lower For 2nd Straight Week
The S&P 500 ended fractionally lower for the week, down 0.08%. The index is currently sitting 1.9% below its record close.
Patients are suing GLP-1 drugmakers over the risk of sudden vision loss. The little-discussed potential risk of popular diabetes and weight-loss drugs is on warning labels outside of the U.S.
The little-discussed potential risk of popular diabetes and weight-loss drugs is on warning labels outside of the U.S.
Review & Preview: Triple Witching
Options expiration day brings seasonal volatility to a market already spooked by $100 crude.
Kloza on Diesel Prices Hit Fresh Record-High
Tom Kloza, Founder and Chairman of Kloza Advisors and Independent Oil Analyst, says everybody still obsesses with the crude oil price, but it's the diesel price that needs to be watched. Kloza says US refineries are running at 97% to 98% of capacity.
Why investors shouldn't be spooked by fears of an October stock-market crash
You may be able to profit from investors' irrational belief that crashes are especially likely to occur in October.
Cramer's week ahead: What to watch as Wall Street navigates a tough September
CNBC's Jim Cramer said investors could be in for a relatively quiet week as Wall Street works its way through a historically difficult September. He highlighted Okta's analyst meeting as the week's most consequential corporate event, alongside earnings from KB Home, Cintas, Paychex, General Mills, Darden and Costco.
Wall Street Ends Volatile Week with Quiet Finish
The Dow Industrials fell for a third-straight week, while the Nasdaq composite eked out a small gain.
Mbappe boosts On's brand visibility, but hurdles to soccer success remain
On Holding made a splashy entry into soccer on Friday by signing French star Kylian Mbappe, a move that raised the Swiss running shoe brand's profile as it pushes into the sport.
European Oil Supply Pressure Mounts After Saudi Cuts
Europe's oil refiners are paying high premiums for cargoes as the shutdown of Saudi Arabia's East-West pipeline forces the region's buyers to scramble for alternatives with fuel prices soaring. We take a deep dive with Rob Barnett, Senior Energy Analyst for Bloomberg Intelligence.
Stocks are failing the ‘breadth' test, but options traders still see reason to buy
An options volatility tracker has produced a “spike peak” buy signal for stocks for the first time in months, at a time that internal market indicators are negative.
U.S. Stocks Mixed as Inflation Trepidation Offsets AI Optimism
U.S. stocks were mixed as inflation and Middle East war trepidation offset optimism about the artificial-intelligence boom.
Dow closes 110 pts lower as treasury yields rise and oil stays above $100
US stocks ended mixed on Friday as investors wrapped up a volatile week marked by the Federal Reserve's first interest-rate hike in three years, rising Treasury yields and elevated oil prices.
Ennis: Industry Weakness Necessitates Caution (Downgrade)
Ennis, Inc. is downgraded from Buy to Hold due to worsening industry conditions despite stable profitability. Recent acquisitions have offset organic revenue declines, but underlying demand remains weak in the US printing market. EBF maintains a debt-free balance sheet and strong cash position, supporting resilience amid sector headwinds.
Stablecoin Company for Big Business Gets a Conditional Banking License
Bastion, a stablecoin partner for Sony and enterprises, received a conditional approval from OCC to be a trust bank.
AI cloud provider Nscale files to go public
Nscale is looking to go public on the New York Stock Exchange under the ticker NSCL. The company spun out of a cryptocurrency mining firm called Arkon Energy.
AI cloud firm Nscale files for US IPO
AI cloud firm Nscale filed for a U.S. initial public offering on Friday.
Inflation risks to the rally: How to protect your portfolio
The Investment Committee debate how to navigate the inflation risks to the rally.
