Daily Market Wrap

Stocks End Mixed Amid Interest Rate Uncertainty, Ahead of NVIDIA Earnings
Markets mixed on Monday as rate hike concerns persist. Old Dominion (ODFL) could gain from Supreme Court trucking safety ruling.
Stocks End Mixed as April Inflation Hits Highest Level Since May 2023
Stocks are mixed on Tuesday after strong inflation report. Factset (FDS) loses its moat to AI as financial analysis software is now cheap.
Tech Stocks Lead Market Gains Despite Geopolitical Uncertainty
Stocks are up on Monday driven by AI optimism. Costco’s (COST) profits jump 14% on e-commerce and membership strength.
Stocks Rally as Strong Jobs Report Pushes S&P 500, NASDAQ to Record Highs
Strong labor market sparks stocks rally on Friday. MercadoLibre (MELI) stock drops as profits decline 13% on growth spending.
Stocks Slip as Investors Eye Middle East Risks, Oil Rally
Stocks falls on Thursday on renewed Middle East tensions. Adobe (ADBE) delivers another solid quarter, yet the stock keeps sliding.
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Microsoft (MSFT) Posts Strong Quarter as AI Hasn’t Put a Dent in Growth
Microsoft (MSFT) reported robust growth last quarter, including 23% profit growth on 17% revenue growth. And the P/E is only 21.

Tesla (TSLA) Bets Big on Robotaxi and Optimus With $25 Billion Expansion Plan
Tesla (TSLA) is set to rollout Robotaxi’s this year. The company is also transforming its Fremont plant into an Optimus factory.

American Express (AXP) Posts Strong Quarter as Millennial & Gen Z Drive Spending
American Express (AXP) continues to see strong Millenial and Gen Z spending, with card member spending hitting a 3-year high.

Old Dominion (ODFL) Could Gain From Supreme Court Trucking Safety Ruling
Yesterday’s Supreme Court ruling may drive more freight toward safe truckers like Old Dominion Freight Line (ODFL).

Intuit (INTU) Stock Declines as AI Competition Provide Similar Software Services
Intuit (INTU) just had next qtr’s profit estimates cut from 11% to 8%. That’s a big slowdown from 25% last qtr. All due to AI.

Factset (FDS) Loses its Moat to AI as Financial Analysis Software is Now Cheap
Competition from AI software has taken away Factset’s (FDS) edge. Now, financial software is cheaper, and FDS’s profits are hurting.
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American Express (AXP) Posts Strong Quarter as Millennial & Gen Z Drive Spending
American Express (AXP) continues to see strong Millenial and Gen Z spending, with card member spending hitting a 3-year high.
Growth Stock Newsletter

David Sharek’s Top Ten Growth Stocks for 2025
Here’s my Top Ten growth stocks heading into 2025. This year’s list is dominated by big name tech stocks with some fresh ideas mixed in.
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