`Unicorn' Soft Landing Possible If Fed Cuts Gradually, Principal Asset Management Says

Principal Asset Management's Seema Shah says the US could see a "unicorn soft landing" if the Federal Reserve delivers gradual rate-cuts starting in September. Speaking on Bloomberg TV, she adds that in that scenario "risk assets can do fairly well."

Moomoo News48minutes ago

ASML Earnings Preview: The New 2nm Equipment Orders Are the Focal Point of Attention

Semiconductor giant ASML will release its Q2 report on Wednesday. Analysts expect ASML's revenue to decrease by 13.39% and profit to decrease by 26.48% due to cyclical reasons.

Moomoo News Global05:45 ET · Earnings Preview

Broadcom folds: AI business triples in three years | AI dehydration.

In a conference call, Bank of America Merrill Lynch ranked Broadcom as a top AI pick alongside NVIDIA.

wallstreetcn04:39 ET

ASML Expected To Beat Estimates With Over $5B In Orders During Q2 Thanks To Rising AI Chip Demand

ASML Holding NV (NASDAQ:ASML), the leading supplier of equipment to computer chip manufacturers, is poised to witness a surge in new orders, driven by the escalating demand for AI chips. This

Benzinga04:10 ET

Should we sell Nvidia? Wall Street is very conflicted.

Thanks to its dominant position in the field of AI chips, Nvidia's stock has performed extremely well in recent years. Since the beginning of 2023, the stock price has risen by about 785%, and has risen by about 160% just this year alone. In June of this year, Nvidia briefly became the world's most valuable company. However, last week, due to cooling inflation data causing a large-scale volatility in technology stocks, Nvidia fell by nearly 6% on Thursday, the largest single-day drop in more than two weeks; the Nasdaq 100 index, which is mainly composed of technology stocks, fell by about 2.2%. Analysts believe that increasing competition, changes in supply and demand balance, and overly high valuations may lead to Nvidia's...

wallstreetcn03:47 ET

Silicon Valley 'Quite Happy' With JD Vance as Trump's Running Mate: VP Bank CIO

Felix Brill, CIO of VP Bank, discusses the 'Trump trade' effect and also says "some guys in Silicon Valley are quite happy" about Donald Trump's pick of Senator JD Vance as his running mate in the 2024 presidential race.

Bloomberg03:02 ET