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A flood of economic data will keep traders occupied next week, with both the consumer price index (CPI) and producer price index (PPI) readings for June due out, in addition to the Fed's Beige Book an ... A flood of economic data will keep traders occupied next week, with both the consumer price index (CPI) and producer price index (PPI) readings for June due out, in addition to the Fed's Beige Book and retail sales data. A new earnings season will kick off as well, with reports coming from 3M (MMM), ... Keep Reading
Schaeffer’s Midday Market Check Daily Newsletter
The Dow Jones Industrial Average (DJI) is trading near breakeven this afternoon, while the Nasdaq Composite (IXIC) and S&P 500 Index (SPX) sport gains. Nvidia's (NVDA) rise to a $4 trillion marke ... The Dow Jones Industrial Average (DJI) is trading near breakeven this afternoon, while the Nasdaq Composite (IXIC) and S&P 500 Index (SPX) sport gains. Nvidia's (NVDA) rise to a $4 trillion market capitalization -- the first company to ever reach the milestone -- is injecting some optimism into ... Keep Reading
Bullish trader, betting on upside, bullish stock outlook, record highs
Utility stock AES Corp (NYSE:AES) is surging today, up 16% at $12.84 at last glance, after reports that the company is exploring sale options amid takeover interest. The power sector has been drawing ... Utility stock AES Corp (NYSE:AES) is surging today, up 16% at $12.84 at last glance, after reports that the company is exploring sale options amid takeover interest. The power sector has been drawing acquisition attention lately due to artificial intelligence (AI) and cryptocurrency mining. Headed ... Keep Reading
Bullish trader, betting on upside, bullish stock outlook, record highs
The shares of Schaeffer's 2025 Top Stock Pick Bloom Energy Corp (NYSE:BE) are up 12.5% to trade at $27.33 at last check, on the heels of an upgrade from J.P. Morgan to "overweight" from "neutral" and ... The shares of Schaeffer's 2025 Top Stock Pick Bloom Energy Corp (NYSE:BE) are up 12.5% to trade at $27.33 at last check, on the heels of an upgrade from J.P. Morgan to "overweight" from "neutral" and price-target hike to $33 from $18. The analyst noted fuel cell tax credits, higher factory absorptio ... Keep Reading