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Investors Are Ditching Value For Stocks Like These 6 Tech Names

Tech stocks are winning out as the rotation into value winds down. Here are the 6 growth stocks investors are loading up on now.

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Federal Reserve Now Expects Two Rate Hikes By The End Of 2023

Plus, jobless claims unexpectedly rose last week, Curevac shares are down after the company said its COVID-19 vaccine was only 47% effective in interim results for a large late-stage trial, and Microsoft CEO Nadella was elected chairman of the company’s board.

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IPOs Are Hot This Year & Traders Say These 2 New Stocks Are The Best Of The Bunch

Initial public offerings are already having a record year. Traders say, of the biggest new names on the market, 2 stocks look like the best buys right now. Here’s why.

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Markets On Edge Ahead Of The Fed’s Policy Update This Afternoon

Plus, Regeneron said its antibody cocktail reduced the risk of death by 20% among hospitalized COVID-19 patients, Oracle disappointed on earnings guidance, and Diageo inked a multi-year deal with the NFL.

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DraftKings Shares Drop As Short Seller Issues Warning

Plus, the U.S. and EU resolved their 17-year long Boeing-Airbus trade dispute, GM is partnering with Wabtec to develop and commercialize electric locomotives, and Best Buy is expanding into luggage and outdoor grills.

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Lordstown Motors Shares Drop As CEO & CFO Resign

Plus, Bitcoin is up on yet another Elon Musk tweet, Novavax said its COVID-19 vaccine was 90% effective overall in a late-stage trial, and American Express is launching its first checking account for small businesses.

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Consumer Prices Accelerated At Their Fastest Pace In Nearly 13 Years In May

Plus, GameStop announced a new CEO and CFO, Moderna asked the FDA to expand the approved use of its COVID-19 vaccine to 12 to 17 year olds, and Restoration Hardware delivered an earnings beat.

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These 2 Stocks Look Like Better Bets Than Reddit’s Favorite Meme Stocks Now

The Reddit fueled retail trading crowd may be jumping into names like Clover Health and Clean Energy Fuels, but traders say there are 2 stocks that are better bets right now.

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Meme Stocks Go For Wild Ride As Retail Traders Move On To New Targets

Plus, Bitcoin dropped as low as $31,035, Chipotle is raising menu prices as ingredients and labor costs rise, and Ferrari appointed a new CEO.

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Reddit Traders Push Clover Health & Wendy’s Shares To New Highs

Plus, Reddit and several other major websites were down early this morning due to a Fastly outage, Bitcoin is dropping after the U.S. recouped most of the ransom paid to the hackers that took down the Colonial Pipeline last month, and one analyst says Apple could hit a $3 trillion market cap next year.

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The FDA Just Approved Biogen’s Aducanumab For The Treatment Of Alzheimer’s

Plus, AMC shares are surging again, G-7 finance ministers agreed to enact a 15% minimum global tax rate for corporations, and Tesla cancelled its Model S Plaid Plus vehicle.

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U.S. Job Creation Picked Up In May But Still Below Expectations

Plus, another Elon Musk tweet is sending Bitcoin lower today, Facebook was hit with two new antitrust probs, and Bill Ackman’s SPAC said it is in talks to buy 10% of Universal Music.

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