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On Friday, core PCE inflation in the U.S. (a key metric to the U.S. Fed) held at 2.8% over 12 months and rose 0.3% at March. The numbers settled the fears of Wall Street who were expecting higher inflation. At […]
As megatech earnings marched on, the latest U.S. GDP number came in weaker than expected while inflation was higher. Add to this a disappointing report from Meta (-10.57% for the session) and Wall Street saw a broad sell-off on Thursday, […]
Wednesday saw major earnings on Wall Street with dramatically different results. Tesla reported a miss late Tuesday but soared 12.06% Wednesday on news of a cheaper EV coming. Also rocketing was Hasbro by 11.18%, but Meta was less lucky after […]
Markets continued to rally into Tuesday. The S&P rose 1.2%, the Nasdaq 1.59% or 245 points, and the Dow added 0.69%. Tech rebounded strongly as AMD jumped 2.28%, Nvidia 3.49% and Tesla 1.94% then jumped another 6% after hours when […]
It’s a major week for markets with many of the Magnificent 7 megatech stocks reporting. Wall Street was in an optimistic mood , lifting the S&P past 5,000 after climbing 0.87%, the Nasdaq by 1.1% and the Dow by 0.67%. […]
One name dominated markets on Thursday. Nvidia reported much-anticipated earnings late Wednesday and beat. Shares soared 16.25% as did its peers, including AMD up 11.46%. That momentum carried U.S. markets to record highs: the S&P jumped 2.11% to 5,087 and the Dow 1.19% to 39,069. The Nasdaq catapulted 3% past