Dow Jones Industrial Average hits all-time high as investors anticipate a major Fed rate cut. Markets are betting on a 50-basis-point reduction. -vtmarkets.com
Key points: Apple revealed the iPhone 16 Pro, featuring improved battery life and AI-driven personal intelligence capabilities. Apple shares are forecasted to grow earnings by 9% in FY24, with a 2% increase in sales. Apple hosted its highly anticipated September …
he S&P 500 ended August with a 3.7% gain despite volatility, as markets now look ahead to the Federal Reserve’s rate decision in September. -vtmarkets.com
Key Points: The Dow Jones Industrial Average closed at a new record high, its 25th of the year, as investors shifted focus to traditional “real-economy” stocks. Disappointing earnings from Nvidia and broader tech weakness caused the Nasdaq Composite to close …
Key points: Asian shares followed Wall Street futures lower, with Nvidia’s stock dropping 7.6% after earnings missed bullish expectations. Investors are closely watching U.S. jobless claims and inflation data for potential shifts in Fed policy. Asian shares declined on Thursday, …
The S&P 500 retraced ahead of the Nvidia earnings report, with investors keen on assessing the strength of the AI-driven tech rally. Corporate news also influenced market sentiment as Nordstrom and Ambarella surged on earnings beats, while PVH and Paramount …
Japan’s Nikkei index edged down 0.5% in early trading on Tuesday, hitting 37,936.68 by 0009 GMT. This decline mirrors the losses seen on Wall Street, where technology stocks led the way downward. The broader Topix index also experienced a 0.2% …
The upcoming earnings report from Nvidia on August 28 is poised to be a critical event for the U.S. stock market, especially as the chipmaker has been a driving force behind the market’s rally throughout 2024. -vtmarkets.com
Google appoints former Character.AI founder Noam Shazeer to co-lead its Gemini AI project. Explore the market implications and short-term trading outlook.
Netflix (Symbol: NFLX) continues to assert its dominance in the streaming industry, with its stock reaching new heights, consistent with its increase in advertising revenue.
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