Stocks fell again on Monday, following four straight weeks of declines, as investors grew increasingly concerned higher energy prices stemming from the Russia-Ukraine conflict would slow the economy and raise inflation.
Related News:
1.A "major overhang" on$Tesla (TSLA.US)$'s stock has been removed after German authorities said the carmaker could start production at a new factory in Berlin, according to Wedbush analyst Dan Ives.
2.$Apple (AAPL.US)$will likely announce a new low-cost version of its iPhone SE with 5G capabilities at its annual spring product launch event on Tuesday, analysts say.
3.$Microsoft (MSFT.US)$unveiled its fourth data centre in India on Monday, betting on rising digital consumption in one of its fastest-growing markets.
4.$Amazon (AMZN.US)$closed down 5.62% with a turnover of 12.11 billion. According to J.P. Morgan's note, the Department of Commerce estimated that fourth-quarter e-commerce sales in the United States were only $257.6 billion, which was below J.P. Morgan's own prediction of $270 billion.
5.Goldman sees a possible "positive catalyst for the stock" in$NVIDIA (NVDA.US)$'s upcoming annual Graphics Technology Conference (GTC 2022) to be held from March 21 to March 24.
7.The America250 Foundation, a nonprofit planning the government's observance of the American Revolution's 250th anniversary, has signed a deal with$Meta Platforms (FB.US)$. giving Facebook's parent an inside role in producing and promoting the Semiquincentennial commemoration in exchange for $10 million.
9.$Chevron (CVX.US)$appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.
Author:Johnson
Source: CNBC, WSJ
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Marveller : Thanks
Silverbat : All Top-Traded 10 still have -30-40% down this year. NAZDAQ could down another -21%.
101848567 : Ok