Markets
Celebrity chef Andrew Gruel recently shared insights on the FDA’s new dietary guidelines and the growing concern over ultra-processed foods during an appearance on ‘Varney & Co.’ The discussion comes amidst an alarming public health announcement regarding a significant recall of eggs sold at Costco locations. The U.S. Food and…...
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In a recent appearance on “The Claman Countdown,” Bob Doll, CEO and CIO of Crossmark Global Investments, shared his perspectives on how the incoming Trump administration might impact stock market dynamics. As the markets approached the tumultuous Christmas season, they experienced notable fluctuations, leading to an overall decline exceeding 1%…...
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In a recent segment of ‘The Claman Countdown,’ former Valkyrie CIO and co-founder Steven McClurg analyzed the influence of the Trump administration on the burgeoning cryptocurrency landscape. The discussion comes in the wake of rising concerns regarding regulatory changes that could impact the cryptocurrency market, especially considering the administration’s stance…...
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Robert Lighthizer, who served as Donald Trump’s trade advisor during his presidency, has recently been alerting Wall Street investors about the potential quick implementation of significant tariff proposals if Trump wins a second term in office. Lighthizer’s warnings highlight a potential economic shift that could come early in Trump’s presidency,…...
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Market Expert: Kamala Harris’ Unrealized Capital Gains Tax ‘Makes No Sense’ and Will ‘Drain Money from the Market’
Vice President Kamala Harris has put forth a tax proposal that has ignited extensive debate across the political and economic spectrum. The proposed legislation includes a 25% minimum tax on total income, explicitly targeting unrealized capital gains for households with wealth exceeding $100 million. While supporters argue that this move…...
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Tesla (TSLA) recently faced significant scrutiny after its much-anticipated robotaxi event failed to live up to the high expectations set by the company’s soaring stock price. Investors and analysts alike expressed disappointment over the lack of clarity regarding Tesla’s rollout plans for the robotaxi, regulatory approvals, and the conspicuous absence…...
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Shift4 Payments (FOUR) is making significant strides in the payment processing industry, with recent announcements showcasing its capacity to support major sporting events. The company has been selected to manage ticketing transactions for the NBA’s Miami Heat, as well as the NFL’s Indianapolis Colts at Lucas Oil Stadium and the…...
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This week, investors are keenly focused on U.S. retail sales, signals from Federal Reserve speakers, and a deluge of third-quarter earnings reports. Following a successful stretch, where U.S. stocks noted their fifth consecutive week of gains, market participants are looking forward to dissecting forthcoming economic indicators and corporate performances. The…...
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This upcoming week is set to be significant for investors, with a slew of earnings reports from major financial, technology, and health-care companies scheduled. Key firms expected to announce their quarterly financial results include Goldman Sachs, Morgan Stanley, Citigroup, UnitedHealth Group, Johnson & Johnson, Intuitive Surgical, Taiwan Semiconductor Manufacturing Company,…...
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Investors are currently facing a favorable environment, with the latest inflation figures indicating an annualized rate of 2.4%, which is only marginally below the Federal Reserve’s target. The stock market reflects this optimism, with the S&P 500 reaching a record high of 5,822, representing a remarkable 22% gain for the…...
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In the upcoming week, the U.S. financial landscape will be influenced by significant events following a bustling period that included major earnings reports, an AI summit, advancements in robotaxi technology, and crucial inflation data. While the week will be shorter due to Columbus Day, it promises to deliver important insights…...
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In the past week, shares of Trump Media and Technology Group, which oversees Truth Social, have experienced a significant surge, coinciding with a favorable shift in betting markets regarding former President Donald Trump’s chances in the upcoming presidential election. On a recent Friday, the stock price rose by 4.8%, bringing…...
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Since October 2022, the stock market has experienced a remarkable rally, buoyed by strong performances from major indices such as the Nasdaq 100, S&P 500, and Dow Jones Industrial Average. These indexes have posted gains of 88%, 62%, and 46%, respectively, showcasing the resilience of the market in the face…...
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Costco Wholesale, commonly known as Costco, is a prominent big-box retailer that specializes in bulk sales of groceries and household items at discounted prices. Known for its membership-only warehouse clubs, the retailer has attracted a loyal customer base, particularly during times of economic uncertainty or global crises. For instance, during…...
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Editor's Picks
The Container Store, a well-known storage and organizational brand, has recently filed for Chapter 11 bankruptcy, joining other major retail chains such as Party City, Big Lots, True Value, and Rite Aid in making similar decisions amid challenging market conditions. With a workforce of 102 stores across the country, The…
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