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Morning mooers! It is Friday, June 7th, the market is lower after jobs data came in too high from the month of May.
My name is Kevin Travers, here are stories from the herd on Wall Street today.
Videogame retailer$GameStop fell 20% in early trading Friday after the firm reported a first-quarter loss of 12 cents a share on revenue of $881.8 million Friday morning. Investors are waiting for a livestream from Keith Gill, also known...
My name is Kevin Travers, here are stories from the herd on Wall Street today.
Videogame retailer$GameStop fell 20% in early trading Friday after the firm reported a first-quarter loss of 12 cents a share on revenue of $881.8 million Friday morning. Investors are waiting for a livestream from Keith Gill, also known...
![Jobs Are Too Hot Market Flatter, Eyes on Kitty | Herd on Wall Street](http://1500015405.vod2.myqcloud.com/edcaf1cfvodtransca1500015405/b32f5dd91397757888169154308/coverBySnapshot/coverBySnapshot_10_0.jpg)
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In the first quarter of 2024, US stocks showed strong performance, the best opening performance in five years, and achieved growth of more than 10% for two consecutive quarters. During this period, the giants in the tech industry showed mixed performances. Tesla experienced a drop of nearly 30% in the first quarter, while Nvidia bucked the trend and increased by more than 80%. Apple's stock price fell by more than 10% during the same period, while Meta's stock price surged by nearly 40%. On the other hand, the AI concept stock Palantir fell by more than 6% due to its rating being downgraded to sale, while Trump Media, which had just recently gone public, also experienced a decline of more than 6%.
Globally, the European stock market also showed a positive trend. The pan-European stock index and the German and French stock indexes hit record highs for five consecutive months, and rose for two consecutive quarters.
In the bond market, the governor of the Federal Reserve sent an eagle signal, causing the yield on ten-year US bonds to break away from a two-week low and rise by more than 30 basis points in the first quarter.
In the money market, although the US PCE inflation data showed signs of cooling, causing the US dollar index to fall, the US dollar maintained a steady monthly upward trend during the year, with a total increase of more than 3% in the first quarter. Although Bitcoin fell below the 70,000 US dollar mark in the last week, it achieved an increase of more than 10% throughout March, and the increase in the first quarter was more than 60%, an increase of more than 20,000 US dollars.
The Chinese market also showed a rebound trend on Friday, and the Shanghai Index extended its increase to 1% at the end of the session. Meanwhile, the offshore renminbi is rising in the intraday...
Globally, the European stock market also showed a positive trend. The pan-European stock index and the German and French stock indexes hit record highs for five consecutive months, and rose for two consecutive quarters.
In the bond market, the governor of the Federal Reserve sent an eagle signal, causing the yield on ten-year US bonds to break away from a two-week low and rise by more than 30 basis points in the first quarter.
In the money market, although the US PCE inflation data showed signs of cooling, causing the US dollar index to fall, the US dollar maintained a steady monthly upward trend during the year, with a total increase of more than 3% in the first quarter. Although Bitcoin fell below the 70,000 US dollar mark in the last week, it achieved an increase of more than 10% throughout March, and the increase in the first quarter was more than 60%, an increase of more than 20,000 US dollars.
The Chinese market also showed a rebound trend on Friday, and the Shanghai Index extended its increase to 1% at the end of the session. Meanwhile, the offshore renminbi is rising in the intraday...
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$NVIDIA (NVDA.US)$ - Let's do a vote for next Mon and see can hit 1000.
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$NVIDIA (NVDA.US)$ is releasing its Q4 FY24 earnings on Feburary 21, after the U.S. stock market close. How will the market react to the company's quarterly results? Vote your answer to participate!
Rewards
● An equal share of 10,000 points: For mooers who correctly guess the price range of $NVIDIA (NVDA.US)$'s opening price at 9:30 AM ET Feb 22 (e.g., If 50 mooers make a correct guess, each of them will get 200 points!...
Rewards
● An equal share of 10,000 points: For mooers who correctly guess the price range of $NVIDIA (NVDA.US)$'s opening price at 9:30 AM ET Feb 22 (e.g., If 50 mooers make a correct guess, each of them will get 200 points!...
![NVIDIA Q4 FY24 Earnings Preview: Grab rewards by guessing the opening price!](https://ussnsimg.moomoo.com/77777008/editor_image/6589d6a228ba3c1bb037ff72ba7f6120.png/thumb)
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Nvidia's investment in SoundHound AI Inc. has reignited interest in the company's shares, causing a notable rise in its stock price. Nvidia's other disclosed investments could also potentially influence the stock prices of the respective companies.
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In January, the SEC approved the trading of 11 spot Bitcoin ETFs on the 11th. This approval allows investors to diversify their portfolios with crypto exposure without worrying about the complicated issues of custody. Microsoft had overtaken Apple as the most valuable company for the first time since 2021, which may be largely due to its investment in generative AI, including a stake in ChatGPT. The EV sector also faces fierce competition;...
![AI stocks lead early-year gains, what chances do we have?](https://ussnsimg.moomoo.com/77777000/editor_image/a1f02e7232c631418566e6eaa40782fb.png/thumb)
![AI stocks lead early-year gains, what chances do we have?](https://ussnsimg.moomoo.com/77777000/editor_image/e74c45f8a5c13114b62e9fc9b41711dc.png/thumb)
![AI stocks lead early-year gains, what chances do we have?](https://ussnsimg.moomoo.com/77777000/editor_image/b4d0032ffbc13e159ed06640988f1e1b.jpg/thumb)
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Hello Mooers! ![]()
A quick recap of the magnificent 7 stocks YTD performance (1 Jan to 26 Jan 2024).
$NVIDIA (NVDA.US)$23.24%
$Meta Platforms (META.US)$11.35%
$Alphabet-C (GOOG.US)$9.13%
$Microsoft (MSFT.US)$7.42%
$Amazon (AMZN.US)$4.73%
$Apple (AAPL.US)$-0.06%
$Tesla (TSLA.US)$-26.25%
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That's all for today, and always remember to DYODD (Do your own due diligence) when making any kind of investment.![]()
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T...
A quick recap of the magnificent 7 stocks YTD performance (1 Jan to 26 Jan 2024).
That's all for today, and always remember to DYODD (Do your own due diligence) when making any kind of investment.
T...
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Dear mooers,
We're excited to announce an upgrade that transforms how you find stock information. Simply enter the stock name/symbol and the feature you're after, such as "AAPL earnings overview", "TSLA capital trend", or "AMZN income statement", and arrive instantly at the relevant page. It's now easier than ever to bypass multiple features and find exactly what you're looking for.![]()
Why did we make this upgrade?
We listened to mooers...
We're excited to announce an upgrade that transforms how you find stock information. Simply enter the stock name/symbol and the feature you're after, such as "AAPL earnings overview", "TSLA capital trend", or "AMZN income statement", and arrive instantly at the relevant page. It's now easier than ever to bypass multiple features and find exactly what you're looking for.
Why did we make this upgrade?
We listened to mooers...
![Search upgrade: Instant navigation to your favorite features](https://ussnsimg.moomoo.com/77777004/editor_image/d33ec3ba68bf38ea92606bec3d8bcbca.png/thumb)
![Search upgrade: Instant navigation to your favorite features](https://ussnsimg.moomoo.com/77777004/editor_image/8091d123e7e539068804f86ca71c0d36.gif/thumb)
![Search upgrade: Instant navigation to your favorite features](https://ussnsimg.moomoo.com/77777004/editor_image/d74b7747c8ab3fb2a32a8fa080a35915.png/thumb)
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