Nvidia has fallen, and bitcoin has crashed, but the US stock market continues to move forward under heavy pressure.
Bearish analysts have repeatedly misjudged the market and lost their jobs. Some institutions have even abandoned the traditional practice of setting target prices for large caps. The rising price of Mag 7 has pushed the S&P 500's P/E ratio to 26 times, higher than any election year since at least 1990.
Apple Approves Epic Games' Marketplace App In Europe Amid Ongoing Feud
Apple Inc. (NASDAQ:AAPL) has approved the marketplace app of Epic Games, the creator of "Fortnite," for iPhones and iPads in Europe. This move comes amid a continuing conflict between the two tech beh
U.S. stocks closed with the expectation of interest rate cuts boosted by non-farm payrolls, with the S&P and Nasdaq hitting new highs! Tesla rose nearly 38% in eight days, while Nvidia cooled off.
In June, non-farm payroll employment in the USA fell sharply, with significant downward revisions to previous data, and the unexpected rise in unemployment rate highlighted a cooling labor market, leading the market to bet over 70% on rate cuts in September and December.
What's Going On With Google Shares Friday?
Google Inc. (NASDAQ:GOOG) shares are moving higher Friday afternoon possibly as the company faces significant challenges regarding its dependency on Apple's Safari browser.What's Happening: A new repo
Apple Shares Are Surging Friday: What You Need To Know
Apple Inc. (NASDAQ:AAPL) shares are moving higher Friday. Here's what you need to know.What's Going On: The company is facing new accusations from Epic Games, the creator of "Fortnite," over blocking
Several Semi Stocks Rise Decisively During End-of-week Rally