Newsfeeds Archive - Page 4 of 150

2 minute read

Apple Shares Slide Nearly 2% On WWDC 24 Day: Magnificent 7, Tech Stocks Hold Gains

June 10, 4:21 PM

Apple shares dropped 1.9% after the WWDC 2024. The event introduced "Apple Intelligence," a generative AI update in iOS 18, enhancing Siri and privacy features. Apple also partnered with OpenAI to bring ChatGPT to its devices and expanded Vision Pro availability to eight more countries.

AAPL

2 minute read

Economist Warns ‘Crash Of A Lifetime’ Is Coming, Predicts S&P 500 To Plummet ‘86% From The Top’

By Piero Cingari

June 10, 3:07 PM

Financial author and economist Harry Dent predicts crash of a lifetime due to 14-year everything bubble, advises safest bonds and warns against buying expensive homes at peak.

NVDA

2 minute read

Market Stays Flat As Investors Anticipate Key Economic Events; Energy Stocks Lead Gains, Regional Banks Decline: What’s Driving Markets Monday?

By Piero Cingari

June 10, 1:22 PM

Wall Street is experiencing a quiet trading session on Monday, with major indices showing little movement by midday in New York, as traders maintain a cautious stance ahead of the highly anticipated inflation report and Fed meeting this Wed

AMC

2 minute read

US Natural Gas Prices Rise To 5-Month Highs On Hot Weather Forecasts: Energy Stocks On The Move Monday

By Piero Cingari

June 10, 12:30 PM

Natural gas prices hit 5-month high due to increased cooling demand, with storage levels expected to decrease by end of month. Energy stocks rise.

3 minute read

Fed Meeting Preview: Economists Predict Steady Rates In June, Fewer Cuts Ahead

By Piero Cingari

June 10, 10:43 AM

Fed to keep rates steady in June, focusing on economic projections. Market expects 4 cuts by 2025, but analysts see only 1 in 2024 due to strong job data and inflation concerns.

SPY

2 minute read

Macron’s Snap Election Gamble Shocks European Markets: Euro Eyes Worst 2-Day Performance In 15 Months

By Piero Cingari

June 10, 8:57 AM

European financial markets tumble after far-right parties gain in European Parliament elections, causing uncertainty and potential challenges.

BNPQY

2 minute read

Stocks Hit Record Highs, Central Banks Cut Rates, Tight US Jobs Report Dampens Fed Easing Hopes: This Week In The Market

By Piero Cingari

June 7, 4:25 PM

US stock market continues bull market rally, tech sector leads gains, Nvidia hits $3 trillion valuation, labor market tightens, Robinhood acquires Bitstamp, Apple's WWDC 2024 event awaited.

AAPL

2 minute read

UN Adds Israel, Hamas To Child Rights Violations List; Netanyahu To Address US Congress In July

By Piero Cingari

June 7, 3:58 PM

UN adds Israel and Hamas to list of child rights violators; Netanyau to address Congress as tensions rise with Hezbollah.

EIS

2 minute read

Stocks Reclaim Record Highs As Jobs Data Fuels Growth Optimism; Gold, Bonds Tumble As Yields Rise: What’s Driving Markets Friday?

By Piero Cingari

June 7, 1:54 PM

Wall Street returned to reclaim record highs on Friday after a stronger-than-expected jobs report.

AEM

3 minute read

Blowout May Jobs Data ‘Closes The Door On A July Rate Cut’: 6 Economists Make Best Guesses On Fed’s Next Move

By Piero Cingari

June 7, 11:45 AM

US labor market resilient in May with a surge of 272,000 nonfarm payrolls, exceeding forecast of 180,000. Unemployment rate rose to 4%, wages up 4.1%.

GLD