US Weekly Jobless Claims Edge Lower to 206,000
Youtube· 2026-08-20 22:37
And now these jobless figures this morning, of course, they do speak to the idea that the layoff story isn't yet happening. Whatever softness is going on in the market might reflect slower hiring rather than layoffs per se. But I will say it was interesting looking through the minutes at the fed yesterday, the officials, they were making clear that they felt the jobs market was in good shape. And it said publicly as well. But of course, the data since that meeting, I think has put a bit of a different look ...
Advance Auto Parts Plunges 21% as Revenue Miss Overshadows Earnings Beat; AutoZone Falls 4%, O'Reilly Automotive Slips
247Wallst· 2026-08-20 22:35
Advance Auto Parts Plunges 21% as Revenue Miss Overshadows Earnings Beat; AutoZone Falls 4%, O'Reilly Automotive Slips - 24/7 Wall St. Advance Auto Parts Plunges 21% as Revenue Miss Overshadows Earnings Beat; AutoZone Falls 4%, O'Reilly Automotive Slips By David Moadel Published Aug 20, 10:35AM EDT Quick Read AAP's earnings beat included a one-time $26M tariff refund worth $0.31 per share, while revenue of $2B missed estimates and comp sales fell 0.5%. AutoZone fell 3% and O'Reilly slipped 2% as softening D ...
US 30-Year Bonds Erase Gains From Treasury's Buyback Surprise
Youtube· 2026-08-20 22:35
I think it's no surprise what we're seeing in the market here. Uh, Tom and Paul. Right.I mean, uh, what we saw yesterday was, uh, a sign of desperation, a plea to please, please, please. Uh, get you guys down because midterm elections are coming very soon. And, uh, you know, it's not going to work. It's not going to work any better than all the other gimmicks that this Treasury Department has marched out.We saw, uh, you know, the adjustment to capital requirements with banks. We saw the, uh, the move on sta ...
Keysight Technologies (KEYS) Gains From Equipment Growth Fueled By AI Use Cases
Yahoo Finance· 2026-08-20 22:33
Madison Investments, an investment advisor, released its second-quarter 2026 investor letter for the "Madison Large Cap Fund". A copy of the letter can be downloaded here. In the second quarter, U.S. stock market indices achieved their best performance since 2020, driven largely by a narrow group of Artificial Intelligence-related stocks. As in the pandemic's early days, investors are fixated on who will benefit from AI, reminiscent of the late 1990s internet bubble. Against this backdrop, The Madison Large ...
Walmart’s Tariff Refund Couldn’t Save a Soft Quarter
Yahoo Finance· 2026-08-20 22:32
One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Here is what both prints are actually teaching. Every major retailer reporting this cycle got the same Customs refund after the Supreme Court's February ruling against IEEPA tariffs, so a one-time windfall stops functioning as a story once every competitor has an identical one sitting on the balance sheet. Investors backed the number out and graded whatever remained. Target's remainder held up. Walmart's w ...
Trump threatens to isolate Iran. Who are its trading partners?
Reuters· 2026-08-20 22:32
A threat by U.S. President Donald Trump to impose unprecedented economic warfare and isolation on Iran could have implications for countries that trade with it. Trump warned of economic consequences for any country that supports Iran. ...
Treasury Department bars ESG funds from Trump Accounts, citing 'political activism' concerns
Fox Business· 2026-08-20 22:31
The rules restricting ESG funds from being included in Trump Accounts come alongside other rules ensuring that investment options in the accounts have low fees to ensure investors keep more of their money. "Corporate America has rejected ESG ideology, and we will not allow it to be a part of Trump Accounts," Treasury Secretary Scott Bessent told FOX Business in a statement. "These accounts exist to build financial security for America's children, not to advance political activism or ideological agendas," Be ...
Can ION Network's Adoption of WL6e Boost CIEN's Optical Momentum?
ZACKS· 2026-08-20 22:31
Key Takeaways Ciena's WL6e will power ION Network's new 2,000-kilometer ICS1 cable linking Jakarta and Singapore.ICS1 is designed for up to 24 Tb/s end-to-end capacity, with total capacity expected to reach 288 Tb/s.Ciena expanded WL6e to 110 customers as optical networking revenue climbed to $1.1 billion in fiscal Q2.Indonesia’s rapidly expanding digital economy is creating an urgent need for high-capacity, resilient connectivity. As cloud computing, AI, data centers, streaming and digital services drive u ...
Recent Price Trend in National Energy Services Reunited (NESR) is Your Friend, Here's Why
ZACKS· 2026-08-20 22:31
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...
What Makes Mitek Systems (MITK) a Good Fit for 'Trend Investing'
ZACKS· 2026-08-20 22:31
However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 10% over the past four weeks ensures that the trend is still in place for the stock of this mobile imaging software company. When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most ...