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Schaeffer’s Midday Market Check Daily Newsletter
Stocks are rallying today, as investors cheer a lighter-than-expected consumer price index (CPI) reading for July. The Dow Jones Industrial Average (DJIA) is up over 420 points at last check, with Un ... Stocks are rallying today, as investors cheer a lighter-than-expected consumer price index (CPI) reading for July. The Dow Jones Industrial Average (DJIA) is up over 420 points at last check, with UnitedHealth (UNH) stock propping the blue-chip index higher. The S&P 500 Index (SPX) and Nasdaq C ... Keep Reading
Tech stock trends, tech stocks, technology stocks
Shares of Sea Ltd (NYSE:SE) are soaring this morning, after the Singapore-based tech conglomerate reported second-quarter earnings of $0.65 per share on revenue of $5.26 billion, sailing past estimate ... Shares of Sea Ltd (NYSE:SE) are soaring this morning, after the Singapore-based tech conglomerate reported second-quarter earnings of $0.65 per share on revenue of $5.26 billion, sailing past estimates. The company credited continued growth from its subsidiaries, including e-commerce giant Shopee, w ... Keep Reading
Bullish trader, betting on upside, bullish stock outlook, record highs
Footwear stock On Holdings AG (NYSE:ONON) is up 8.3% at $49.57, after the company announced better-than-expected second-quarter results, including record sales, and lifted its full-year revenue foreca ... Footwear stock On Holdings AG (NYSE:ONON) is up 8.3% at $49.57, after the company announced better-than-expected second-quarter results, including record sales, and lifted its full-year revenue forecast despite Vietnam tariffs. At the open, the shares were as high as $52.20. Should these gains hold ... Keep Reading
Schaeffer’s Opening View Daily Newsletter
Stock futures rallied following this morning's soft inflation data. The consumer price index (CPI) rose 0.2% in July and 2.7% year-over-year, compared to estimates of a 2.8% annual rise. Core CPI inc ... Stock futures rallied following this morning's soft inflation data. The consumer price index (CPI) rose 0.2% in July and 2.7% year-over-year, compared to estimates of a 2.8% annual rise. Core CPI increased by 3.1% year-over-year, slightly higher than the anticipated 3%. In response, CME's FedWatch ... Keep Reading