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Tag: NXPI

  • U.S. stocks open higher ahead of Big Tech earnings, central-bank decisions

    U.S. stocks open higher ahead of Big Tech earnings, central-bank decisions

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    U.S. stock indexes opened higher on Monday, as the Dow Jones Industrial Average looking to extend its 10-session winning streak. Investors are awaiting a batch of earnings reports from megacap growth and technology companies while eying on monetary-policy decisions from the world’s major central banks amid continued signs that inflation is easing. The Dow industrials
    DJIA,
    +0.52%

    rose 88 points, or 0.3%, to 35,319. The S&P 500
    SPX,
    +0.40%

    gained 0.4% and the Nasdaq Composite
    COMP,
    +0.19%

    advanced 0.5%. Corporate results due on Monday include Domino’s Pizza
    DPZ,
    +0.12%
    ,
    Whirlpool
    WHR,
    +0.69%
    ,
    Logitech
    LOGI,
    -0.80%

    and NXP Semiconductors
    NXPI,
    -1.13%
    .
    Alphabet
    GOOGL,
    +1.26%

    and Microsoft
    MSFT,
    +0.39%

    will report their numbers on Tuesday; Meta
    META,
    -0.90%

    on Wednesday; and Intel
    INTC,
    -1.15%

    on Thursday. The Federal Reserve is expected to raise interest rates by 25 basis points after its policy meeting this week. Policymakers will release a statement announcing their decision Wednesday at 2 p.m. Eastern, while Fed Chair Jerome Powell will hold a press conference at 2:30 p.m..

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  • AMC, Chevron, Tesla, Domino’s, Microsoft, and More Stock Market Movers

    AMC, Chevron, Tesla, Domino’s, Microsoft, and More Stock Market Movers

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  • For Long-Term Investors, It’s Time to Buy Tech Again. Here Are 20 Stocks to Look at First.

    For Long-Term Investors, It’s Time to Buy Tech Again. Here Are 20 Stocks to Look at First.

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    One cruel truth the stock market confirmed this past week is that trying to pick the bottom for technology stocks is a fool’s errand. The Nasdaq Composite’s terrible September—it was down 10.5% on the month—has made the bottom-fishing that took place over the summer look ill-advised. As I’ve noted before, the first downturn in tech earlier this year was all about valuations. This new phase of the decline is all about softening earnings. When it comes to price-to-earnings ratios, the market is running into a denominator problem.

    The market downturn, the weaker economy, and the reversal of some pandemic-era trends have exposed weaknesses in the business models of companies such as


    Peloton Interactive


    (ticker: PTON),


    Zoom Video Communications


    (ZM),


    Shopify


    (SHOP),


    Affirm Holdings


    (AFRM), and


    Snap


    (SNAP), and investors have adjusted valuations accordingly. But there are still some powerful underlying secular trends that should eventually drive tech stocks higher. Investors with long time horizons and strong stomachs might consider inching into the market. I have a few ideas on where to look.

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