July is set to be a crucial month on Wall Street with key events like the U.S. jobs report, CPI inflation data, and the Fed's FOMC meeting.
The Q2 earnings season will also kick off, featuring reports from major companies such as $JPMorgan(JPM.US$, $Citigroup(C.US$, $Wells Fargo & Co(WFC.US$. As investors assess interest rates, inflation, and economic outlook, market direction could be significantly infl...
The Q2 earnings season will also kick off, featuring reports from major companies such as $JPMorgan(JPM.US$, $Citigroup(C.US$, $Wells Fargo & Co(WFC.US$. As investors assess interest rates, inflation, and economic outlook, market direction could be significantly infl...
62
9
A Reuters report on Wednesday suggested that industry insiders believe the SEC might greenlight spot ETH ETFs by July 4. This development comes as discussions between asset managers and regulators are reportedly in their final phases. The anticipated approval date of July 4 corroborates previous conjectures by Bloomberg analyst Eric Balchunas, who had forecasted the launch of ETH ETFs to occur around July 2.
During ...
During ...
21
1
The first debate between Democratic President Joe Biden and Republican former President Donald Trump is scheduled for June 27. With only two debates scheduled, Thursday's clash is highly significant as both candidates intensify their personal attacks. National polls show them in a close contest, and millions of potential voters are expected to tune in.
The debate is important because it's an opportunity for...
The debate is important because it's an opportunity for...
41
6
At the beginning of this year, Japanese stocks briefly led the global market, breaking a 34-year-old record high. However, the continuous depreciation of the yen has recently hindered their upward momentum. Unlike the strong surge seen from last year to earlier this year, Japanese stocks are now facing accumulating uncertainties. After reaching a historic high, the Nikkei 225 Index has been consolidating sideways for quite a while, fl...
12
As June arrives, a review of the first half of 2024 reveals that the U.S. stock market has been on a remarkable upward trajectory. By June 17, both the $NASDAQ 100 Index(.NDX.US$ and $S&P 500 Index(.SPX.US$ had repeatedly set new all-time highs, while the $Dow Jones Industrial Average(.DJI.US$ briefly surged past the 40,000-point milestone. Notably, the S&P 500 notched its 30th new high of the year just last night.
From a sector performanc...
From a sector performanc...
319
4
In May 2024, the US annual inflation rate unexpectedly dipped to a three-month low of 3.3%, defying predictions that it would remain steady at April's rate of 3.4%.
Inflation eased for food (2.1% vs 2.2%), shelter (5.4% vs 5.5%), transportation (10.5% vs 11.2%) and apparel (0.8% vs 1.3%) and prices continued to decline for new vehicles (-0.8% vs -0.4%) and used cars and trucks (-9.3% vs -6.9%). On the other hand, energy costs rose more (3.7% vs 2....
Inflation eased for food (2.1% vs 2.2%), shelter (5.4% vs 5.5%), transportation (10.5% vs 11.2%) and apparel (0.8% vs 1.3%) and prices continued to decline for new vehicles (-0.8% vs -0.4%) and used cars and trucks (-9.3% vs -6.9%). On the other hand, energy costs rose more (3.7% vs 2....
50
7
$Apple(AAPL.US$shares surged 7% to a record $207.15 per share following the announcement of new AI features at its annual developer conference.The enhancements include an updated Siri, integration with OpenAI's ChatGPT, various writing assistance tools, and customizable emojis, aimed at everyday users. However, these features may require iPhone upgrades.
Let's take a look at Apple's stock performance following past...
Let's take a look at Apple's stock performance following past...
147
106
$Taiwan Semiconductor(TSM.US$ is experiencing a significant boost in demand, driven by major orders from tech giants such as $Apple(AAPL.US$ and $NVIDIA(NVDA.US$.
Apple is making substantial strides into 3nm chip technology, placing orders that are expected to surpass the 50% mark of TSMC's total orders for this advanced process. This move underlines Apple's commitment to innovation and efficiency, partic...
Apple is making substantial strides into 3nm chip technology, placing orders that are expected to surpass the 50% mark of TSMC's total orders for this advanced process. This move underlines Apple's commitment to innovation and efficiency, partic...
59
2
$NVIDIA(NVDA.US$'s market capitalization reached $3.01 trillion, surpassing $Apple(AAPL.US$'s $3 trillion and making it the second-largest publicly traded company in the US, just behind $Microsoft(MSFT.US$'s $3.15 trillion.
On Wednesday, Nvidia shares rose 5.2% to $1,224.4, while Apple's shares increased 0.8% to $196, helping both the $S&P 500 Index(.SPX.US$ and $NASDAQ 100 Index(.NDX.US$ reach new record ...
On Wednesday, Nvidia shares rose 5.2% to $1,224.4, while Apple's shares increased 0.8% to $196, helping both the $S&P 500 Index(.SPX.US$ and $NASDAQ 100 Index(.NDX.US$ reach new record ...
37
12
In May, tech giants unveiled their quarterly performance reports, with $NVIDIA(NVDA.US$'s stellar results capturing the most attention. NVIDIA's performance helped propel the $NASDAQ 100 Index(.NDX.US$ and $S&P 500 Index(.SPX.US$ to new all-time highs.
Looking ahead, Fundstrat Global Advisors predicts that the S&P 500 could surge to 5500 points in June, a potential rise...
Looking ahead, Fundstrat Global Advisors predicts that the S&P 500 could surge to 5500 points in June, a potential rise...
109
10