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5 Stocks to Watch in September as Market Dynamics Shift

As August came to a close, stocks rebounded, positioning the S&P 500 just below its all-time high heading into September. However, significant changes have occurred beneath the surface since July. The Magnificent Seven (MAGS) stocks, once dominant in the market, have struggled to fully recover from recent sell-offs. The year's most popular trade—a bullish bet…

ByPexecoSeptember 1, 20240Comments

Finance News

Berkshire Hathaway Reaches Historic $1 Trillion Market Cap Milestone

Shares of Warren Buffett's holding company, Berkshire Hathaway, rose in intraday trading on Wednesday, pushing its market capitalization above $1 trillion for the first time. Berkshire is now the 8th U.S. company and the 9th globally to reach this significant milestone. Under Buffett's leadership over the past six decades, Berkshire Hathaway has evolved into a…

ByPexecoAugust 29, 20240Comments

Stocks

Why Magnificent Seven Stocks Just Had Their Worst Day on Record

KEY TAKEWAYS The Roundhill Magnificent Seven ETF suffered its largest daily decline on record on Wednesday. Investors fled America's tech giants after earnings reports from Tesla and Alphabet raised concerns about the cost of artificial intelligence investments and the sustainability of the Mag Seven's blistering earnings growth. Still, the group is expected to report that…

ByPexecoJuly 25, 20240Comments

Stocks

Apple’s App Store Faces EU Scrutiny for Violating Digital Markets Act

KEY TAKEWAYS Apple's App Store policies were found in violation of Europe's new Digital Markets Act, European regulators said Monday. Users are not able to be "steered" away from the App Store to make payments and find better offers as easily as they should be, the European Commission alleged. If the charges are confirmed, Apple…

ByPexecoJuly 10, 20240Comments

Stocks

Key Levels to Watch as Nvidia, Microsoft, and Apple Compete for Market Cap Leadership

KEY TAKEWAYS As Nvidia, Microsoft, and Apple jostle for the mantle of the world’s most valuable company by market capitalization, watch out for these key chart levels. Monitor if buyers can defend an uptrend line in Nvidia shares around $87 during periods of profit taking. A breakdown below a key uptrend line in Microsoft shares…

ByPexecoJune 19, 20240Comments

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5 Stocks to Watch in September as Market Dynamics Shift

Berkshire Hathaway Reaches Historic $1 Trillion Market Cap Milestone

Why Magnificent Seven Stocks Just Had Their Worst Day on Record

Apple’s App Store Faces EU Scrutiny for Violating Digital Markets Act

Key Levels to Watch as Nvidia, Microsoft, and Apple Compete for Market Cap Leadership