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TJX Companies had a solid quarter, outperforming the bottom line and raising profit guidance. All segments produced growth and contributed to the strength. The trend in analysts' sentiment is...
Following up with the more fun notion of Dogecoin as written about yesterday, today we look at blockchain.If you’re like me, you need to increase your understanding of why blockchain technology...
When Nvidia (NASDAQ:NVDA) released its earnings report in February for (fiscal) Q4 ‘24, it significantly impacted other tech stocks. Having exceeded expectations and outperformed in data center...
In our last update from early May, we found for the Nasdaq 100 using primarily the Elliott Wave Principle (EWP): “The current rally off the recent low counts best as a counter-trend rally [to...
Nvidia will publish its quarterly results after the closing bell today. Higher-than-ever expectations mean the chip maker has no margin for error. Models and analysts indicate limited upside potential...
The stock market didn’t do much yesterday, with the S&P 500 index extending a consolidation following run-up last week and closing 0.25% higher. Last Thursday, it reached a new record high...
Consumer confidence is waning amid concerns over prolonged high interest rates by the Federal Reserve. Despite this, retail giants like Walmart have thrived, with Walmart's stock surging almost 32% in...
While Nvidia remains a favorite, several tech stocks offer compelling investment opportunities amid the current rally. Investors looking to diversify their portfolios with high-potential tech stocks...
The market seemed dead yesterday, with trading volumes down and price action stalled out since the CPI report last week. Things should start to loosen up today because the pinning in the VIX will...
Shares of Shopify have been trending down since the start of the year while the rest of the market has rallied. The latest drop came from this month’s earnings report and contracting...
On the heels of Meme Stocks Mania that literally lasted less than a week, and with so much in the news this week, I figured it was time to revisit this meme coin.Dogecoin was launched on December 6,...
Palo Alto Networks stock price dipped on a surge in billings that have no bearing on company health or future growth. Guidance was narrowed to a range bracketing the consensus; guidance expects 10% to...
Compared to the Magnificent Seven, Autodesk (NASDAQ:ADSK) looks like a small company with its market cap of less than $48B. But when it comes to architecture, engineering and structural design...
By Brian Whitmer, Elliott Wave International’s European Financial Forecast editorEvery day, you read news stories about the state of the economy and the stock market affecting consumer and...
Like the market dynamic involving memecoins on various blockchain networks, GameStop (NYSE:GME) stock is heading for its normal range. On May 14th, GME shares boosted the gaming retailer’s...