Top 10 to watch for Monday, April 29th
- US stocks have been rising since Monday S&P500 and Nasdaq It ended a weeks-long losing streak.of Dow We had a winning streak every week. In my Sunday column, I covered his five active sectors of the market and the stocks to watch in each.
- This week, 12 stocks in the Investing Club portfolio are reporting very strong returns. Amazon after the bell on tuesday apple after closing on Thursday. His one-third of S&P 500 hiring companies announce this week. Apple rose more than 2.5% after getting the update from Bernstein. There will also be a two-day Federal Reserve meeting starting Tuesday.
- This comes after the Fed’s decision on Wednesday. But this week’s key economic data will be released on Friday, when the government releases its monthly jobs report. Non-agricultural employment is expected to increase by 250,000 people in April.
- Amazon said ahead of its earnings report that it has invested heavily in fast shipping, resulting in more packages reaching customers within a day. Cost reductions, cloud demand and faster deliveries have boosted profits in recent quarters.
- There is speculation that Amazon may announce a dividend. If the e-commerce and cloud giant begins paying a quarterly dividend, it will join Alphabet, which announced its first-ever dividend last week, and fellow club names. meta platformdid that earlier this year.
- tesla Shares rose more than 13% after the company cleared a major regulatory hurdle to roll out driver-assistance software it calls Fully Self-Driving (FSD) in China. CEO Elon Musk made a surprise visit to China over the weekend, raising hopes that FSD software will be approved across the country.
- american airlines I am cutting some lines for the following reason boeingdelivery is delayed. The Dreamliner and 737 Max have been delayed in arriving due to supply chain and safety issues.
- Wells Fargo and Jefferies raise prices ge aerospace We maintain our price target and Buy rating on the stock after last week’s strong quarter.
- GE Power spin-off GE Vernova We caught Bank of America’s price target hike, which maintained its neutral rating. BofA analysts like the quarterly profit margin and book balance.
- The club owns another spin-off of GE. GE Healthcare. GEHC will report earnings before the bell on Tuesday. We focus on orders, backlog, and profit margins for medical technology companies.
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