Deere Peer CNH Cuts 2024 Guidance. Both Stocks Are Up.

Yahoo Finance
Under Armour is collapsing — And Kevin Plank has to take the blame
The Under Armour meltdown continues.
INSIDER
It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes
China has been pushing for businesses to leave the door open for customers to use cash, with foreigner visitors saying they're struggling to spend.
Fortune
AI chip giant Nvidia is about to report first-quarter earnings: Here’s what Wall Street expects as growth looks set to cool
Analysts see Nvidia's earnings per share soaring 474% to $5.22, with revenue up 241% to $24.5 billion.
Insider Monkey
Michael Burry Is Selling These Stocks in 2024
Over the past few years, Michael Burry has gained more media attention with his recession warnings and market crash “predictions” than he did for accurately foreseeing the 2008 financial crisis. But his persistent warnings about recession and market crashes never realized, denting his reputation as an expert and hedge fund manager. Were Michael Burry’s Recession […]
AFP News
Nasdaq and gold hit record highs
The Nasdaq hit a fresh record Monday as leading bourses mostly rose, while gold also scored a new all-time high as the shock death of Iranian President Ebrahim Raisi helped bolster the haven investment."Gold and copper have hit record highs, (and) silver jumped to an 11-year high... after the death of Iran's president in a helicopter crash," noted Neil Wilson, chief market analyst at Finalto trading group.
The Edge Singapore
Mapletree Logistics Trust logged highest retail net inflows among S-REITs in 1Q2024
MPACT and Keppel DC REIT, at second and third place, were neck and neck at $54.6 million and $54.3 million respectively.
Reuters
'Perfect storm' steers gold to another record high; silver jumps
Gold prices rose to an all-time high on Monday as a cocktail of factors from U.S. rate cut expectations, China's stimulus measures to geopolitical tensions lifted demand, with the momentum also carrying silver to a more than 11-year peak. Spot gold rose 0.9% to $2,435.96 per ounce as of 2:26 p.m. ET (1826 GMT) after hitting a record high of $2,449.89 earlier in the session. Data last week showed that U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend, boosting expectations for a September interest rate cut.
Barrons.com
Bitcoin Falls. What’s Holding Back a Crypto Rally.
Bitcoin and other cryptocurrencies were falling Monday, with the crypto sector’s momentum still highly dependent on flows into exchange-traded funds. The largest cryptocurrency hit a record high near $74,000 in mid-March amid a surge of interest from new spot Bitcoin exchange-traded funds (ETFs) but its price has dropped since then.
Reuters
Morning Bid: China clouds darken market mood
Broadly speaking, the global backdrop for Asian markets is still bright, with investors confident that the Fed will soon cut U.S. interest rates keeping the dollar, bond yields and volatility in check, and boosting risk assets. But there's a cloud that shows no sign of lifting: China. The economic "data dump" from Beijing on Friday showed that China's recovery is sputtering - investment growth slowed, retail sales expanded at the slowest pace since late 2022, and new home prices fell at the fastest rate in nine years.
Zacks
New Strong Sell Stocks for May 20th
BABA, ASGN and BGS have been added to the Zacks Rank #5 (Strong Sell) List on May 20, 2024.
GOBankingRates
TikTok’s Humphrey Yang Claims These 5 Investments Will Keep You Poor
Everyone should be investing a good portion of their income. It's one of the key ways to build wealth (if you need an example, just look at multibillionaire Warren Buffett, who built much of his net...
Yahoo Finance
Markets brace for Nvidia earnings: What to know this week
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.
Reuters
Nasdaq hits record, S&P ticks higher with Nvidia results eyed
The Nasdaq closed at a record high on Monday while the S&P 500 gained slightly as technology stocks advanced ahead of Nvidia's highly anticipated earnings and investors gauged the timing of an interest rate cut by the Federal Reserve. The S&P 500 technology index led gains among the 11 major S&P sectors, rising 1.32%, helped by chipmakers such as Nvidia, which advanced 2.49% ahead of its quarterly results on Wednesday. Investors will look for evidence in Nvidia's earnings that the AI chip leader can maintain its explosive growth and stay ahead of rivals.
Reuters
Nvidia earnings could spark $200 billion swing in shares, options show
Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, U.S. options markets show. Nvidia's options are primed for an 8.7% swing in either direction by Friday, according to data from options analytics firm Trade Alert. While massive by most measures, that implied move would fall far short of the 16.4% jump Nvidia’s shares notched after the company’s most recent quarterly earnings report.
Yahoo Finance
Wall Street's biggest bear flips, raises S&P 500 price target by 20%
Morgan Stanley chief investment officer Mike Wilson believes an improving growth outlook and an earnings rebound will drive the S&P 500 higher over the next year.
Simply Wall St.
Exploring Three Dividend Stocks In May 2024
As of May 2024, the US stock market has shown robust performance with major indices nearing record highs, buoyed by optimistic economic indicators such as a cooling April CPI report which has fueled hopes for potential Federal Reserve interest rate cuts. In this context of economic optimism and potential shifts in monetary policy, dividend stocks may offer investors a blend of income generation and stability.
Barrons.com
AMD, Microsoft, Palo Alto Networks, and Other Tech Stocks in Focus Today
Tech stocks began Monday in positive fashion as the sector looked to regain momentum after slipping at the end of last week.
GOBankingRates
10 Ways the Middle Class Can Save for Retirement and Pay for Rising Costs
Retirement comes with many expenses, including healthcare, long-term care, housing, food, transportation and entertainment -- to name a few. As someone in the middle class, if your goal is to maintain...
Reuters
Dollar edges higher as investors await Fed guidance
NEW YORK (Reuters) -The dollar edged up against the euro on Monday as investors awaited further clues on the path of U.S. interest rates in the wake of cautious comments from Federal Reserve officials, even as inflation showed signs of cooling. Federal Reserve officials are not ready to say inflation is heading to the U.S. central bank's 2% target after data last week showed a welcome easing in consumer price pressures in April, with several on Monday calling for continued policy caution. Atlanta Fed President Raphael Bostic said on Monday it will take a while for the Federal Reserve to be confident that inflation is on track back to its goal.
Yahoo Finance Video
P/E Ratio: Just what exactly is it? YF Explains
The price-to-earnings (P/E) ratio is a metric that provides insight into a company's valuation by comparing its share price to its earnings per share. Yahoo Finance's Brad Smith breaks down this term, explaining what it measures, and what it reveals about a company's financial health. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith

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Deere Peer CNH Cuts 2024 Guidance. Both Stocks Are Up.

Latest stories

Under Armour is collapsing — And Kevin Plank has to take the blame

It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes

AI chip giant Nvidia is about to report first-quarter earnings: Here’s what Wall Street expects as growth looks set to cool

Michael Burry Is Selling These Stocks in 2024

Nasdaq and gold hit record highs

Mapletree Logistics Trust logged highest retail net inflows among S-REITs in 1Q2024

'Perfect storm' steers gold to another record high; silver jumps

Bitcoin Falls. What’s Holding Back a Crypto Rally.

Morning Bid: China clouds darken market mood

New Strong Sell Stocks for May 20th

TikTok’s Humphrey Yang Claims These 5 Investments Will Keep You Poor

Markets brace for Nvidia earnings: What to know this week

Nasdaq hits record, S&P ticks higher with Nvidia results eyed

Nvidia earnings could spark $200 billion swing in shares, options show

Wall Street's biggest bear flips, raises S&P 500 price target by 20%

Exploring Three Dividend Stocks In May 2024

AMD, Microsoft, Palo Alto Networks, and Other Tech Stocks in Focus Today

10 Ways the Middle Class Can Save for Retirement and Pay for Rising Costs

Dollar edges higher as investors await Fed guidance

P/E Ratio: Just what exactly is it? YF Explains