It's outperformed so far this week, that small cap trade. So, the Russell 2000 is up nearly 5% in three days. And our next guest now says the stage is finally set for those gains to actually continue with some momentum.For more, let's turn to portfolio manager of the Needm Small Cap Growth Fund, Chris Wler, who joins us here on set this Thanksgiving Eve. Chris, thank you very much for being here with us. >> Thank you for having me.>> All right, so let's talk about the small cap trade. You say that it does n ...

change. Oracle shares are higher today after what's been a very brutal few weeks. The AI darling that made Larry Ellison the world's richest man is now down more than 20% just this month alone.Fears about its debt and exposure to open AI is weighing heavily on that stock. But none of this comes as a surprise to our next guest who launched his coverage of the stock Oracle as a sell-rated one back in September. Those shares are down more than 30% since that call.For more, let's bring in Alex Heisle of Rothsch ...

Market Catalysts & Economic Outlook - The market anticipates a potential rate cut next month, but tax and regulatory changes are another significant macro driver that should not be overlooked [1][2] - The economy appears to be in a soft patch, but upcoming tax cuts for both consumers and businesses are expected to provide stimulus [3] - The expectation is that the Fed will cut rates in December, further boosting the economy [3] - The primary concern is avoiding a recession, as current stock prices do not fully reflect the possibility of one [6][7] Consumer Spending & Market Impact - Tax cuts could lead to increased consumer spending, which is a major driver of the US economy [4] - Companies like Amazon may benefit from increased consumer spending, and the housing market could also see positive effects [5] Market Breadth & Growth - There is hope for a broader market rally, as the market had become narrowly focused on big tech names [8] - Small caps are starting to pick up, and a spreading out of earnings growth beyond tech names could revitalize them [8][9]

The stock market has soared in recent years on the back of artificial intelligence. According to a recent JP Morgan study, the stocks of companies tied to AI have accounted for about 75% of the S&P 500's returns since November 2022 when Chad GPT launched. But not everyone has participated in the AI stock boom.The richest 20% of US households own about 93% of all stock according to a New York University economist. In other words, poorer households have largely sat on the sidelines as the stock market has cli ...

After a volatile retail earnings week, the group now heads into its next big test. Whether demand holds up beyond Black Friday. Courtney Reagan joins us now with much more on what to expect.Hey Court. >> Hi Frank. So the next five days are the most important stretch of the year for retail.Adobe says 17% of total online holiday spending will happen during Cyber Week, but physical stores remain a big part of the equation, too. The National Retail Federation predicts 186.9% million Americans will shop in some ...

Financial Performance - Zscaler's revenue grew 26% [1][2] - Zscaler's ARR (Annual Recurring Revenue) growth is 26% [1] - Zscaler's RPO (Remaining Performance Obligations) growth is 35% [1] - Zscaler's free cash flow margin is 52% [1][2] - Zscaler is operating at a rule of 78 (revenue growth plus free cash flow) [2] Business Operations and Strategy - Zscaler's organic business contributed significantly to the outperformance [3][5] - Zscaler raised its annual guidance [3][5] - Zscaler is acquiring new customers and selling AI security products [3] - Zscaler is displacing point products to reduce cost and complexity [3] Red Canary Acquisition - Red Canary's contribution is very small compared to Zscaler's overall business [4] - The beat was largely due to Zscaler's organic business, not Red Canary [5]

Investment Recommendations - FTA Aviation is a good way to extend portfolio beyond tech, benefiting from interest rates decreasing and driving demand for aircraft companies [1] - Eaten stock is down 12% this month, finding support at the 200-day moving average, with a long position recommended [1] - XBI (SPDR S&P Biotech ETF) is performing well this month and is expected to reach $125, with a buy recommendation [2] Sector Focus - Healthcare sector is highlighted as having companies with high free cash flow, referred to as "cash cows" [2] - Aviation sector is mentioned as a potential investment area [1] Market Observations - Interest rates are expected to decrease, which could benefit lenders to aircraft companies [1]

Joe, we're looking ahead to 2026 right now. Do the earnings growth, is that going to come from tech. Is that going to come from com services.Is that where you need to put the money as we go into not only the last month of the year, but go into the new year. >> So, obviously the last several quarters, the overwhelming majority of earnings growth has been attributable to artificial intelligence and therefore communication service and technology names. But I also think you've seen strong earnings growth in oth ...

Fast fashion is a major environmental offender, at least until now, because fully recycling old clothes to make new threads has been more of a challenge, except with this new company entering the game. Diana Ol has more in her continuing series on climate related startups. Diana.Well, Brian, the fashion industry accounts for anywhere from 4 to 10% of global greenhouse gas emissions. Yet, less than 1% of clothing is recycled into new garments. And that's because most fabrics today are blends and need to be b ...

Oil Market Dynamics - Geopolitical headlines have caused volatility in oil markets, but the fundamental view remains unchanged [2][3] - Russia's crude oil production has been flat to slightly down this year, despite increased OPEC+ targets, indicating near-capacity production [3][4] - A ceasefire and sanctions relief may not necessarily lead to increased Russian oil production [4] Price Outlook - Barclays maintains a Brent crude oil outlook of $66 per barrel for next year on average [4] - The forward curve for crude oil is sitting at $62 per barrel, with Barclays' forecast only $4 ahead [11] Demand Side - China's oil demand is up 400,000 barrels per day for the first 10 months of this year [7] - This exceeds the forecast of 280,000 barrels per day for the full year, driven by strong industrial activity despite EV adoption [7][8] Refining Margins - Attacks on Russian refinery infrastructure have boosted refining margins significantly [6] - A ceasefire could potentially lower refining margins due to a pause in these attacks [6] - Limited spare refining capacity outside of China contributes to higher refined product cracks [12] Consumer Impact - A 17% (17 per 1,000) surplus per day is factored into the price for next year [10] - A ceasefire could potentially provide some respite for end consumers in the US [12]