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American Eagle Outfitters (AEO) posted a "mixed bag" earnings report, according to George Tsilis, who explains why the clothing retailer company is seeing pressure from pinched U.S. consumers. Macy's (M) also traded lower despite posting an earnings beat and increased full-year guidance. In the healthcare space, Cooper Companies (COO) plunged on a revenue miss and lower guidance.
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Fritz Folts assesses the market's ability to sustain the S&P 500's (SPX) rally as WTI crude oil climbs above $100 and long-term yields rise. He explores how these factors could challenge investor enthusiasm for AI and explains how his firm balances risk in a multi-asset portfolio.
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August PPI is higher than July but in-line with Wall Street estimates, says Kevin Hincks. Stocks still felt pressure following the release of the print. He discusses the "energy-dominated" report and whether the numbers will appear in Friday's CPI. Kevin also talks about crude oil hitting $100 for the first time since May and makes a contrarian take that rising energy prices won't shape the Fed's interest rate trajectory.
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Oracle (ORCL) shares saw a recent pop but remain more than 30% lower year-over-year into the company's next earnings report after Thursday's close. Rick Ducat notes that the company isn't the worst performer in its group, though he highlights levels the stock needs to hit for sustained technical repair. He turns to an example options trade for Oracle.
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Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
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Max Weinbach says the iPhone Duo is "one of the best foldable phones on the market" after getting to test it hands on Wednesday. He explains what makes the hardware and software stand out against competitors like Samsung. As far as what it means for growth in Apple (AAPL), Max believes the company's new tech suite sets a new foundation for forward momentum, and for new CEO John Ternus.
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Looking at Synopsys (SNPS) is "a study in consolidation," says Ben Watson of Charles Schwab, who emphasizes the "lack of momentum" in the stock's near-term moves. That trend expands into the one-year chart even though shares saw occasional volatility.
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"You're not really seeing any safe place when you look at bond prices," says Erin Gibbs, making the case that it adds pressure on equities to sustain market growth. She explains how the rising geopolitical tensions, paired with a surge of inflation woes, are creating an imbalance between equities and fixed income.
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Houthi rebels seizing a strategic port in the Middle East add onto already prominent headwinds to open Thursday's trading sessions. Kevin Green explains how it impacts S&P 500 (SPX) futures as crude oil nears $100 and diesel stays at record highs. He then discusses Apple (AAPL) and its new suite of products led by the iPhone Duo and TSMC (TSM) reporting yet another record month for revenue.
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The iPhone Duo was the crown jewel of new Apple (AAPL) technology announcements at the company's "Surprise and Shine" event. Meta Platforms (META) rallied after releasing Muse AI. Casey's (CASY) closed down as one of the worst S&P 500 (SPX) performers after earnings. Marley Kayden takes investors through the biggest stories on Wall Street.
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Apple (AAPL) generated a lot of buzz after announcing its new iPhone Duo, iPhone 18 models, and AirPods 5, while the U.S. Treasury's announcement of $6 billion in longer-term debt wasn't enough to win over equity investors. Marley Kayden offers a glimpse into her final takeaways to close Wednesday's trading session.
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