Newsfeeds Archive - Spark Newswire

3 minute read

‘Hot Runner’ Nvidia To Hit Speed Bump In Second Half This Year? Here’s What A Market Strategist Says

June 20, 4:38 AM

The Fed holds the key for effecting broadening of the market rally, which is currently concentrated among a few mega-cap tech stocks, an analyst says.

IWM

2 minute read

‘Stay On The Sidelines With Small Caps For Now,’ Says RBC — But UBS Sees Brighter Days Ahead

By Surbhi Jain

June 18, 12:44 PM

RBC Capital analysts are urging caution with U.S. small-cap stocks, saying it's best to "stay on the sidelines for now." UBS says otherwise.

IJR

2 minute read

‘Nvidia Is Sucking The Oxygen Out Of The Room:’ Wealth Manager Says Stocks With ‘Good Fundamental Execution’ Can Still Decline Because Of AI Stalwart

By Shanthi Rexaline

June 17, 6:17 AM

Nvidia is second-best performer among S&P 500 stocks, thanks to its AI exposure, and the strength is expected to last multiple years.

AAPL

2 minute read

Stocks Ease, Tech Rises, Bonds Eye Strongest Week Of The Year As Consumer Sentiment Sinks In June: What’s Driving Markets Friday?

By Piero Cingari

June 14, 2:16 PM

Wall Street is set for a subdued session on Friday as risk sentiment wanes due to low U.S. consumer confidence and rising political uncertainties in Europe.

ADBE

2 minute read

Consumer Sentiment Tumbles In June, Reaches 7-Month Low: ‘High Prices As Well As Weakening Incomes’ Raise Concerns

By Piero Cingari

June 14, 10:30 AM

Preliminary data shows US consumer confidence dropped in June, reaching lowest point in 7 months. Inflation expectations stayed unchanged.

IWM

2 minute read

Stocks Turn To Losses, Bonds Rally On Falling Producer Prices, Rising Jobless Claims: What’s Driving Markets Thursday?

By Piero Cingari

June 13, 1:31 PM

Wall Street experienced a rude awakening the day after the Federal Reserve’s June policy meeting, as investors sold off risky assets and shifted to safer bonds and cash in response to the latest batch economic data.

ADBE

2 minute read

Bulls Push Wall Street To Record Highs On Declining Inflation; Tech, Real Estate, Small Caps Surge Ahead Of Fed Meeting: What’s Driving Markets Wednesday?

By Piero Cingari

June 12, 1:26 PM

A lower-than-expected inflation report for May ignited a bullish frenzy on Wall Street, with investors increasing their bets on rate cuts, bolstered by growing confidence that the Federal Reserve will ease its policy stance later this year as price pressures trend

$DOGE

2 minute read

Soft Inflation Data Boosts Small Caps, Real Estate, Regional Banks; Traders Anticipate Fed Rate Cuts As Stocks React

By Piero Cingari

June 12, 10:09 AM

U.S. inflation slowed in May, boosting rate cut prospects. Markets rally ahead of FOMC meeting and assign 70% chance of rate cut in September.

ARRY

1 minute read

Why Is Satellite Company AST SpaceMobile Stock Soaring On Tuesday?

By Anusuya Lahiri

June 11, 2:15 PM

Satellite company, AST SpaceMobile (NASDAQ: ASTS), filed for resale of 10.45 million shares. Its stock may be up due to Apple's iOS 18 update with satellite messaging. Verizon and AT&T will collaborate with AST in 2024. AST stock has gained 53% in the past year and can be accessed through iShares Russell 2000 ETF and iShares Russell 2000 Growth ETF.

AAPL

2 minute read

Wall Street Reacts To Hot Jobs Report: Stocks Swing As Traders Abandon July Rate Cut Hopes

By Piero Cingari

June 7, 10:50 AM

May labor market report: strong job gains and wage growth, reduces chances of rate cut. Interest-rate sensitive sectors underperform. Top risers: APD, URI, LLY, HUBB, ADP. Top losers: GEN, SHW, FCX, AMT.

ADP