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AI, Robotaxis, Inflation and Earnings Could Move Stocks This Week

AI, Robotaxis, Inflation and Earnings Could Move Stocks This Week

The stock market is entering a busy time as investors prepare for AI events, plus inflation and the start of earnings season. Here are some potentially big items this week: Tuesday-Wednesday: Amazon.com (AMZN) has a Prime Big Deal Days. This may focus attention on the...

Tesla Gets a Rival on Wall Street as Traders Await Big Inflation Report

Tesla Gets a Rival on Wall Street as Traders Await Big Inflation Report

Tesla, one of the most active stocks in the market, suddenly has a rival among traders. Rivian Automotive (RIVN) announced better-than-expected deliveries last week. That gave Wall Street confidence the maker of electric pickups and SUVs is finally overcoming...

Worries About the Fed and Earnings Grew as 2022 Ended: December Recap

Worries About the Fed and Earnings Grew as 2022 Ended: December Recap

Stocks begin the New Year under a cloud of pessimism as investors brace for higher interest rates and lower earnings. The S&P 500 slid 5.9 percent in December, resulting in a 19 percent drop for all of 2022. It was the stock market's worst year since the 2008...

Nike Could Be Trying to Break Out Before Earnings

Nike Could Be Trying to Break Out Before Earnings

Nike has taken a long pause, but now the sneaker giant may be trying to break out with earnings due Thursday afternoon. NKE beat estimates on December 21, eliciting a wave of bullish analyst notes. However the stock rallied before the report, and proceeded to ease...

Apple, Amazon Break Their Losing Streaks. Is Money Coming Back to Tech?

Apple, Amazon Break Their Losing Streaks. Is Money Coming Back to Tech?

Technology stocks like Apple just broke a three-week losing streak as investors started to nibble after a sharp pullback. The Nasdaq-100 rose 2 percent between September 18, and Friday, September 25. Apple (AAPL), Amazon.com (AMZN), Nvidia (NVDA), PayPal (PYPL) and...

Monex Crypto Market Weekly: December 13

Monex Crypto Market Weekly: December 13

This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary Bitcoin (BTC) drifted this week as cryptocurrencies seek direction...

FANG Gets Disrupted as the Dow Strikes Back

FANG Gets Disrupted as the Dow Strikes Back

Two major "FANG" stocks are getting disrupted as members of the Dow Jones Industrial Average take business back into their own hands. First, Nike (NKE) announced it will stop selling merchandise on Amazon.com (AMZN). Second, Walt Disney's (DIS) new Disney+ service got...

Stocks Fell Again Last Week as Trade War Kept Getting Worse

Stocks Fell Again Last Week as Trade War Kept Getting Worse

Stocks remain under pressure as the trade war against China worsens. The S&P 500 was positive for most of last week, but then came a quick succession of events on Friday morning. First, Beijing imposed tariffs on an additional $75 billion of U.S. products....