Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the U.S. stock rally, which has flagged as expectations for interest cuts fade. Tesla, Meta Platforms, Alphabet and Microsoft - all set to report next week - are part of the group of companies that had been dubbed the Magnificent Seven as they led the S&P 500 to a 24% gain last year. The companies are seen as important bellwethers due to dominant positions atop their...
Super Micro Computer shares plunged on Friday as investors peeled back
Middle East tensions rattled markets in the Asian session following ABC News reports of Israeli missile strikes in Iran. Oil and gold prices surged while bitcoin dropped below $60,000. However, an Iranian official denies the missile attack reports, adding to the uncertainty. Market focus now shifts to UK retail sales data and speeches by Bank of England officials Ramsden and Breeden.
Mark Zuckerberg's announcement about increasing AI investments caused Meta Platforms' stock to drop by 17%, though expert Gene Munster considers the market's reaction an overreaction. read more
Stock market crash today: BSE Sensex and Nifty50, the Indian benchmark equity indices, opened in red on Monday led by global cues and uncertainties. BSE Sensex plunged 700 points and Nifty50 was near 22,300. At 9:31 AM, BSE Sensex was trading at 73,594.17, down 651 points or 0.88%. Nifty50 was at 22,313.25, down 206 points or 0.92%.Indian stock markets opened the week with a decline, following the trend in Asian markets. Investor sentiment was affected by Iran's retaliatory attack on Israel,...
AI stocks extend well beyond Nvidia. Data software players like MongoDB,
Worries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
Larry Swedroe, who's considered one of the market's most esteemed researchers, thinks Warren Buffett's investment style doesn't work well anymore.
Dhaka stocks witnessed a big fall on Monday, going below the 5,800-point mark in its key index, as investors went for selling shares heavily after trading on the Dhaka Stock Exchange resumed after a five-day closure
Stock Plunging Again. This Is Where It's Headed (Second column, 13th story, link) Related stories:TESLA halts ALL Cybertruck deliveries due to fatal flaw
This week's video covers need-to-know news items related to Tesla (NASDAQ:
US stock markets plunged amid fears of stagflation in the American economy, which grew at its slowest pace in nearly two years just as inflation jumped.]]>