SinlinMoo
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Big tech companies, particularly $Apple (AAPL.US)$, boosted the market despite the Federal Reserve's rate hike and the banking crisis. Financial stability concerns and cooling inflation data dampened market sentiment, leading to expectations of an interest rate cut. However, as the month progressed, stocks rebounded, driven by the AI trend. Market participants now anticipate the Fed to pause its rate hike in June due to higher inflation probability.
Monthly Bu...
Monthly Bu...
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SinlinMoo
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What does millions spent to form a superior like minded AI do when asked to provide answers to recent news on debt ceiling? 3 simple questions with not so simple answers from AI. ![]()
May 25 Debt Ceiling news
Q1: What do you gather from the news?
AI: Based on the provided news article, here are some key points and analysis regarding the impact on the stock market:
1. Global equities were down, and U.S. shares were mixed: The global stock market experienced a downward trend, w...
May 25 Debt Ceiling news
Q1: What do you gather from the news?
AI: Based on the provided news article, here are some key points and analysis regarding the impact on the stock market:
1. Global equities were down, and U.S. shares were mixed: The global stock market experienced a downward trend, w...
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SinlinMoo
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Stay up to speed with similar trends and trade overnight breaking news with moomoo's '24/5 trading'.
NVIDIA Q1 earnings significantly exceeded expectations
On 24 May, $NVIDIA (NVDA.US)$, the AI computing power leader and chip giant, reported a remarkable Q1 earnings after hours.
Driven by the support of its AI chip-related businesses in the past quarter, NVIDIA's total revenue in Q1 significantly outperform...
NVIDIA Q1 earnings significantly exceeded expectations
On 24 May, $NVIDIA (NVDA.US)$, the AI computing power leader and chip giant, reported a remarkable Q1 earnings after hours.
Driven by the support of its AI chip-related businesses in the past quarter, NVIDIA's total revenue in Q1 significantly outperform...
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SinlinMoo
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Dear mooers,
Are you ready for a revolution in the investment world? Artificial Intelligence (AI) is changing the world, and moomoo is proud to be at the forefront of this exciting new era.![]()
Since the concept of "AI" was initially introduced in 1956, AI technology has been evolving at a tremendous pace, resulting in sophisticated systems like ChatGPT today. However, with investment opportunities fleeting in today's fast-paced world, i...
Are you ready for a revolution in the investment world? Artificial Intelligence (AI) is changing the world, and moomoo is proud to be at the forefront of this exciting new era.
Since the concept of "AI" was initially introduced in 1956, AI technology has been evolving at a tremendous pace, resulting in sophisticated systems like ChatGPT today. However, with investment opportunities fleeting in today's fast-paced world, i...
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SinlinMoo
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$UOB (U11.SG)$ , was the first of the trio of local banks to report its fiscal 2023’s first quarter (1Q 2023) results back in late April. The lender saw its net profit hit a record high of S$1.6 billion.
Similarly, $DBS (D05.SG)$ then followed up with its own stellar set of earnings, posting a record net profit of S$2.57 billion.
Now, $OCBC Bank (O39.SG)$ has joined both its peers in also reporting a splendid set of 1Q 2...
Similarly, $DBS (D05.SG)$ then followed up with its own stellar set of earnings, posting a record net profit of S$2.57 billion.
Now, $OCBC Bank (O39.SG)$ has joined both its peers in also reporting a splendid set of 1Q 2...
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SinlinMoo
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MACRO
Fed Officials See More Work on Inflation Despite Bank Strains
Fed officials continued to stress the need to lower inflation even as they keep an eye on the fallout from the collapse of $SVB Financial (SIVBQ.US)$ earlier this month.
The comments from the three regional Fed presidents Thursday echoed remarks from Chair Jerome Powell last week that policymakers will not shrink from their responsibility to restore ...
Fed Officials See More Work on Inflation Despite Bank Strains
Fed officials continued to stress the need to lower inflation even as they keep an eye on the fallout from the collapse of $SVB Financial (SIVBQ.US)$ earlier this month.
The comments from the three regional Fed presidents Thursday echoed remarks from Chair Jerome Powell last week that policymakers will not shrink from their responsibility to restore ...
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SinlinMoo
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Scratch. Wampum. Dough. Sugar. Clams. Loot. Bills. Bones. Bread. Bucks. Money. That which separates the haves from the have-nots. But what is money? It's everything if you don't have it, right?
Is it simply an agreed-upon unit of exchange for goods and services? $3.70 for a gallon of milk? Thirty bucks to cut your grass? Or, is it an intangible? Security or happiness - peace of mind. Let me propose a third option. Money as a measuring device. Money is, at its essence, th...
Is it simply an agreed-upon unit of exchange for goods and services? $3.70 for a gallon of milk? Thirty bucks to cut your grass? Or, is it an intangible? Security or happiness - peace of mind. Let me propose a third option. Money as a measuring device. Money is, at its essence, th...
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SinlinMoo
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Global major asset classes mostly declined since the start of 2022, as the Federal Reserve continued to raise funds rate, and the geopolitical crisis continued to escalate.Energy and farm products were the lone gainer in the commodity futures market.
· Major US indices all edged lower in 2022, as the S&P 500 index declined 21.26%. The U.S. Dollar Index continued to rise throughout the year, while the RussianRuble was the lone gainer among all t...
· Major US indices all edged lower in 2022, as the S&P 500 index declined 21.26%. The U.S. Dollar Index continued to rise throughout the year, while the RussianRuble was the lone gainer among all t...
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Whether or not this just turns out to be a temporary bear market rally remains to be seen.
After all, we can see inflation is still roaring, and interest rates are starting to stifle growth and manufacturing. The US economy just experienced its 2nd straight quarter of negative GDP growth.
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