The coming week poses a critical test for the stock market’s record-setting run with a number of make-or-break events — the Federal Reserve ‘s rate decision, July jobs report and President Donald Trump’s tariffs deadline. Popular wagers on prediction platforms Kalshi and Polymarket offer an alternative view into how the mainstream thinks things will unfold next week. These markets became established in the run-up to the 2024 presidential election and have been widely used by investors and even Wall Street strategists to gauge the consensus crowd view of a certain event. The S & P 500 has rebounded more than…
Author: usaeverydaylife
(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) Utilities, as all will know, generally lag the market over time. See first chart below. On a total return basis, however (with dividends reinvested) utilities – with their higher yields – have matched the performance of the market the past 25 years. See second chart below. And here and now, utilities as a group are just now breaking out to new 52-week highs and all-time highs. We think it is right to be overweight utilities at this juncture. Since the Dotcom Bubble peak in March of 2000 to present, the…
Nurphoto | Nurphoto | Getty ImagesElon Musk is now a driving force in prediction markets.Musk’s xAI on Thursday announced a partnership to integrate its artificial intelligence chatbot Grok with Kalshi’s prediction markets service. In June, xAI announced a similar deal with Polymarket, a Kalshi rival.Kalshi, the company that turned heads with a made-with-AI commercial during the NBA Finals this year, said Grok will be hosted on its platform and “provide helpful context on developments and fluctuations in market prices.”In May, Grok made headlines when it provided unsolicited context to users on X about “white genocide” in South Africa. Earlier this month,…
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesPalantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies.The provider of software and data analytics technology to defense agencies saw its stock rise about 3% on Friday to another record, lifting the company’s market cap to $375 billion, which puts it ahead of Home Depot and Procter & Gamble.…
Looking at history, several stocks scheduled to soon report earnings could beat estimates and outperform the market the day after. Second-quarter earnings have impressed analysts so far, with the majority of S & P 500 companies having posted positive earnings per share and revenue surprises. Several leading stocks are on deck to post results next week, including Microsoft , Mastercard , Lam Research , Spotify and UnitedHealth Group . Strong earnings have helped power the broad market to new all-time highs this month, with the S & P 500 on Thursday scoring its 12th all-time-high close of the year. To…
Investor Dan Niles highlighted two of the “Magnificent Seven” tech cohort as his favorite stock picks for the rest of the second-quarter earnings season. This first of these two names was Microsoft , which reports its fiscal fourth-quarter earnings after next Wednesday’s closing bell. Shares have surged about 22% this year. Part of the reason the stock looks attractive, the founder of Niles Investment Management said, is because “they had such a rough time last year.” Azure, Microsoft’s cloud computing platform, was “a disappointment” for the company three quarters in a row, he said. Microsoft finished 2024 with a 12%…
U.S. companies are taking tariffs on the chin for now — but it may not last, Wall Street warned. Economists have expected that President Donald Trump’s steep levies on imports would lead American business to pass along those higher costs to consumers. For now, the short-term evidence points to domestic companies eating the increased taxes on products they import with smaller profits or narrowed profit margins, but many market watchers warn that may soon turn to increased consumer prices later in the year. What appears to be happening is that overseas exporters are not absorbing the cost of higher tariffs.…
Check out the companies making headlines in midday trading: Tesla – The electric vehicle maker’s stock jumped more than 4% after Business Insider reported that Tesla’s robotaxi service will debut in San Francisco as soon as this weekend. Even with the move, Tesla shares are down nearly 3% week to date. Charter Communications — The cable operator’s shares fell almost 17%, and are on track for their worst day ever, after disappointing results. Charter Communications lost 117,000 broadband and 80,000 video subscribers in the second quarter . The news also hurt shares of other cable providers. Comcast fell nearly 5%,…
The former tech darling Apple is set to report next week, and investors seem to be underappreciating this $3 trillion essential company. I want to use options on the second-worst performing “Mag 7” name in 2025, AAPL, to define a bullish strategy as I believe earnings will help the former tech King find its footing again. Apple shares have lost nearly 15% year-to-date as persistent concerns related to iPhone sales, an AI void in the Apple ecosystem, and the uncertainty swirling around potential impact of trade tariffs between the US and China on its supply chain. With a 5.84% weighting…
Lip-Bu Tan, Chief Executive Officer of Intel, appears at an event organized by the company. Andrej Sokolow | Picture Alliance | Getty ImagesIntel’s stock dropped 9% after the chipmaker said it would slash foundry costs in its latest attempt to turnaround its struggling business.Concerns about where that leaves Intel’s chip manufacturing business overshadowed a better-than-expected earnings report late Thursday. Intel beat on revenue and issued a sales forecast for the third quarter that also topped estimates. The company reported adjusted earnings of 10 cents per share, topping the average analyst estimate of a penny, according to LSEG.CEO Lip-Bu Tan, who…
