Morgan Stanley Predicts Strong Earnings for Amazon, Apple, Eli Lilly
Morgan Stanley analysts are setting a bullish tone for the upcoming earnings season, with specific companies expected to outperform....
Monthly Archives: July 2024
U.S. Market Tumbles as Semiconductor Sector Leads Sell-Off
The U.S. equity market experienced a significant sell-off on Wednesday, with the Nasdaq plummeting 2.8% and the S&P 500...
The US mine development timeline second-longest in the world
The average time to build a new mine in the U.S. is nearly 29 years, according to a report...
China Reiterates Economic Goals Amid Financial Challenges
Chinese leaders reiterated their wide-ranging economic policy goals on Thursday, emphasizing modernization, domestic demand expansion, and curbing debt and...
U.S. Stock Futures Rise as Tech Rebounds, Netflix in Focus
U.S. stock futures mostly rose Thursday, with the tech stocks rebounding after the previous season’s rout. Here are some of the...
For stocks, is AI the Emperor’s new clothes?: McGeever
The shine may finally be coming off AI. As Big Tech stocks slump, small caps are gaining momentum. The...
Why is Intel rising and other chip stocks falling?
Intel (NASDAQ) shares surged on Wednesday, hitting $37.16 after reports of potential U.S. trade restrictions on China’s access to...
U.S. Homebuilding Hits 8-Month Low Amid High Mortgage Rates
U.S. single-family homebuilding plummeted to an eight-month low in June due to soaring mortgage rates, suggesting the housing market...
Nasdaq hits two-week low in megacap tech, chip stocks rout
The Nasdaq dropped nearly 2% to a two-week low on Wednesday, with the S&P 500 also facing losses, as...
US stocks mixed; tech sector slumps on geopolitical worries
U.S. stocks traded mixed on Wednesday, with tech giants facing a significant pullback due to raised geopolitical tensions. At...