Friday’s rally on a strong jobs report gained momentum into the close and pushed the stock market into the green for the week. The S & P 500 , the Dow , and the Nasdaq just barely overcame Tuesday’s sharp losses on rising tensions in the Mideast that boosted oil prices and the CBOE volatility index , commonly referred to as Wall Street’s fear gauge. A silver lining in all this uncertainty: The market has now worked off its overbought condition, moving the S & P Short Range Oscillator into a more neutral position. Should things shift to oversold, we’ll…
Author: usaeverydaylife
TALLADEGA, Ala. — As Denny Hamlin was digesting the reaction to his race team filing an antitrust lawsuit against NASCAR this week, fiancée Jordan Fish sent him a clip from the film “Moneyball.”“The first guy through the wall — he always gets bloody,” the actor depicting Boston Red Sox owner John Henry says in the film. “This is threatening not just a way of doing business, but in their minds, it’s threatening the game. Really what it’s threatening is their livelihood, it’s threatening their jobs. It’s threatening the way they do things.”Hamlin found that clip relatable after 23XI Racing, the…
Goldman Sachs analysts have their eyes on several stocks that could outperform moving forward — even though most of Wall Street thinks otherwise. The firm screened for buy-rated stocks in its coverage universe, where its analysts are out of consensus and the majority of Wall Street analysts deem the names as either neutral or sell. After a volatile start to October trading, bullish investors could use these stocks as an opportunity to buck the broader market’s recent slowdown. For each of the names, Goldman’s estimates for 2025 earnings per share are at least 2% above the consensus. These stocks below…
People walk on a street flooded by rainfall caused by Tropical Storm Helene, in Cancun, Mexico September 25, 2024. Paola Chiomante | ReutersA storm system that was brewing in the Gulf of Mexico strengthened into Tropical Storm Milton on Saturday and forecasters warned it could intensify into a hurricane and slam into the west coast of Florida later this week.Tropical Storm Milton was about 355 miles (565 kilometers) west-northwest of Progreso, Mexico, and about 845 miles (1,360 kilometers) west-southwest of Tampa, Florida, with maximum sustained winds of 50 mph (80 kph) while heading east at 5 mph (8 kph), the National…
A life-size model of the new Marvel Universe movie “Deadpool & Wolverine” authorized by Disney is seen in Shanghai, China, on July 26, 2024.Cfoto | Future Publishing | Getty ImagesHollywood’s franchise frenzy is only just beginning.The 2024 box office has been inundated with sequels, prequels and remakes, with the top 10 titles of the year all coming from existing intellectual property. That trend will continue, and expand, in 2025.The industry’s top studios are returning to familiar characters and settings to drive movie ticket sales, a strategy that is hardly new, but seems to be growing exponentially.Looking at the current 2025…
The U.S. stock market witnessed a solid September, thanks to the Federal Reserve’s much-awaited interest rate cut. However, escalating geopolitical tensions in the Middle East could weigh on investor sentiment this month.Nonetheless, investors could benefit by ignoring short-term noise and tracking the recommendations of top Wall Street analysts to pick stocks with attractive long-term growth potential.Bearing that in mind, here are three stocks favored by the Street’s top pros, according to TipRanks, a platform that ranks analysts based on their past performance.CyberArk SoftwareThis week’s first pick is CyberArk Software (CYBR), a cybersecurity company that is mainly focused on identity security. The…
Destroyed buildings lie in ruin in central Gaza, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, near the Israel-Gaza border, as seen from Israel, on Jan. 13, 2024.Amir Cohen | ReutersAt least 24 people were killed and 93 others wounded when Israeli airstrikes targeted a mosque and a school sheltering displaced people in the Gaza Strip early on Sunday morning, the Hamas-run Gaza government media office said.The strikes on the mosque and the school, near the Al-Aqsa Hospital in Deir al-Balah in the central Gaza Strip, came as the war between Israel and Palestinian militant group Hamas in the enclave approaches its first…
Avoid the HOV lanes, and get yourself a Jer-Force One. That’s what I learned this week.Jerry Jones, the Dallas Cowboys owner who’s turning 82 in a few days, made quite an entrance by landing his chopper right on the field during practice. But hey how about a helicopter at practice… (fanbase triggered) pic.twitter.com/mYNV10CwN0 — Jane Slater (@SlaterNFL) October 2, 2024If only the Cowboys could avoid injuries to their key players as well as their owner avoids traffic. Micah Parsons is out with a sprained ankle, a significant blow to the defense. Wide receiver Brandin Cooks is battling a knee infection…
NEW YORK — New York Yankees ace Gerrit Cole was sitting before a room filled with reporters and TV cameras a day before he was set to start Game 1 of the American League Division Series versus the Kansas City Royals. He had just been asked something he had never thought about before.Is there extra pressure to win a World Series this year since there’s no guarantee that star right fielder Juan Soto won’t leave via free agency in the winter?Cole paused for a moment.“I’ve just been kind of enjoying it, especially while we have him,” he said. “And he…
Hon Hai Group’s headquarters in Taipei, Taiwan.Ceng Shou Yi | Nurphoto | Getty ImagesTaiwan’s Foxconn, the world’s largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence servers.Revenue for Apple’s biggest iPhone assembler jumped 20.2% year on year to 1.85 trillion Taiwanese dollars ($57.3 billion).”The result exceeded the company’s original expectations of significant growth,” Foxconn said in a statement on Saturday.It was also ahead of a T$1.79 trillion LSEG SmartEstimate, which gives greater weight to forecasts from analysts who are more consistently accurate.Strong AI server demand led to robust revenue growth for its cloud and networking products division, said Foxconn whose customers include…
