US June CPI Preview: The Upcoming Inflation Data May Increase the Likelihood of a Rate Cut in September
On July 11, the U.S. Bureau of Labor Statistics will release CPI data for June at 8:30 a.m. ET. The headline CPI is anticipated to show a modest increase of 0.1%. The annual headline CPI is expected to decline to 3.1% from the previous rate of 3.3% reported in May.
Express News | S&P 500 Hits 5,600 Points for the First Time
Apple Aims To Ship 10% More IPhones In 2024 After Bumpy '23; AI Features Expected To Boost Demand; Targets 90M iPhone 16 Units In Latter Half Of Year
Apple Aims To Ship 10% More IPhones In 2024 After Bumpy '23; AI Features Expected To Boost Demand; Targets 90M iPhone 16 Units In Latter Half Of
June Inflation Report Expected To Show Cooler Pricing, But Consumers Feel Financial Strain
Thursday's inflation report is expected to show that prices have ebbed in June as consumers face heavy financial burdens in paying more for necessities such as food, gas and rent.Economists predict
JPMorgan Maps Out Game Plan for CPI: Bracing for Market Turbulence Ahead
As market participants keenly await the forthcoming consumer price index report, JPMorgan's trading desk has advised investors to prepare for heightened volatility in the S&P 500 Index.
Treasury Yields Hold Steady as Fed's Powell Gives Second Day of Testimony
Yields on U.S. government debt turned little changed on Wednesday after Federal Reserve Chair Jerome Powell produced no surprises in his messaging about the interest-rate outlook
Microsoft Doubles Capex, but What Does GenAI Monetization Look Like?
Amazon.com Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/10/2024 23.53% TD Cowen $225 → $245 Maintains Buy 07/09/2024 5.88% Roth MKM $210 → $210 Maintains Buy 0
Alphabet Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/10/2024 14.85% TD Cowen $200 → $220 Maintains Buy 04/16/2024 -9.16% Stifel $154 → $174 Maintains Buy 04
Express News | Benzinga Market Summary: Market Awaits Thursday CPI Data, Baidu Jumps On Reports Of Robotaxi Popularity In China, Samsung Unveils Phones With Google Gemini Integration; AMD Jumps On Silo AI Acquisition
Express News | Saudi Aramco Tightens Price Guidance To 110-115 BPs Over UST For 10-Year Bond
Express News | Fed's Powell: You Don't Want to Wait Until Inflation Gets All the Way to 2% to Ease Policy
Red-hot Stocks Over the Past the Week Include TSLA, NVDA, AMD, and Others
Samsung Unveils Slate of New AI-powered Galaxy Devices
Express News | Democratic U.S. Senator Blumenthal Says "I Am Deeply Concerned" About President Biden
US stocks hit a new high, with Nvidia up 2.3% leading the technology stocks, Apple reaching a seven-day high, Tesla stalled, and Baidu ADR continued to rise by nearly 6.2%.
The S&P and Nasdaq rose for seven consecutive days, while the Dow fell several times in a short period of time; Nvidia rose nearly 2.3%, leading the seven big tech sisters, and Apple hit a new high for seven consecutive days, ranking first in market cap; Tesla stopped its ten-day rise after a car caught fire; Baidu ADR rose nearly 6.2% at one point, continuing its over 8% rise from the previous day. It is said that Baidu's subsidiary, Luobu Kuai Pao, is expected to achieve profitability in 2025.
Express News | Tesla Hikes Prices Of Model 3 In Some European Countries Because Of EU Tariffs On China-Made EVs
Express News | Fed Chair Powell Says We Want To Have A Sustainable Set Of Rules For Banks
Express News | Amazon Says Microsoft Settlement With Trade Body CISPE Does Nothing For Vast Majority Of Its Customers In Europe And Worldwide
Bitcoin Mining Stock Iris Energy Is Moving Higher Wednesday: What's Going On?
Shares of Bitcoin (CRYPTO: BTC) mining company Iris Energy Limited (NASDAQ:IREN) are trading higher Wednesday following a positive analyst initiation from Bernstein.What Happened: Bernstein analyst