Express News | Citic sec: It is expected that the Federal Reserve will continue to control inflation risks and will not cut interest rates during the year.
Futu Morning Post | Major this week! Powell is about to "brave" Capitol Hill; Eight consecutive rises achieved! Tesla soared more than 27% this week, wiping out the year's decline.
Federal Reserve Monetary Policy Report: Inflation cools down, employment market is similar to pre-pandemic, and US stocks rise faster than profit expectations. News report: Most of Taiwan Semiconductor's customers have agreed to increase outsourcing prices in exchange for reliable supplies. Amazon CEO Bezos cashes out $0.3331 billion in stocks.
Express News | Soochow Securities evaluates June nonfarm payrolls in USA: clues to the Fed's turn.
Wall Street experts: Trump's tax cuts may not necessarily have an impact on the market.
In the upcoming presidential election, tax policy is a key issue facing the market.
The June non-farm report is mixed with both good and bad news, will the Federal Reserve launch a preventive interest rate cut in September?
According to the data, the non-agricultural sector in the USA added 0.206 million jobs in June 2021, higher than the market's expected 0.18 million, but significantly lower than the previous value of 0.272 million. The unemployment rate rose to 4.1%, which is higher than the market's expected 4.0%.
"Refuse to decline" US stock, Powell and CPI, will this week be a "fuel to the fire" or a "wake-up call"?
Powell may emphasize the need for further confirmation of the slowdown in inflation, implying that the Fed is not considering a rate cut at the moment.
Stock Futures Open Lower as Investors Await Inflation Data This Week: Live Updates
Investors are expecting key inflation data this week to give clarity on the longevity of this year's market rally. Earnings are also kicking off.
Express News | The probability of the Federal Reserve keeping the interest rate unchanged in August is 93.3%.
Alger Capital Appreciation Fund Tops Ranking for 12-month Returns
Steve Ballmer Is Now Worth Just As Much As — If Not More Than — His Old Boss Bill Gates
Former Microsoft CEO Steve Ballmer briefly outpaced the company's co-founder, Bill Gates, in terms of wealth last week, as per Bloomberg's Billionaires Index.What Happened: Ballmer, who joined Microso
Nvidia's Dominance, AI Investments, And A Predicted Market Crash: This Week In Artificial Intelligence
The past week has been a whirlwind of activity, with tech giants and industry leaders making headlines. From Nvidia Corp.'s (NASDAQ:NVDA) impressive performance to Elon Musk's massive investment in AI
Best Buy Could See Comp Sales Turn Positive as AI-enabled Laptops Fuel Replacement Cycle
Week ahead | Powell to attend Congressional hearing! Heavyweight US June CPI to be released on Thursday.
The Q2 earnings season of the US stock market has begun, and JPMorgan and Citigroup will announce their performance on Friday; China will release CPI and PPI data on Wednesday.
How will cooling of the US labor market affect Fed's decision making?
CITIC SEC expects that the Federal Reserve will still lean towards controlling inflation risks, not lowering interest rates during the year, "exchanging time for space," and continuing to suppress demand and inflation in the USA.
Apple and Google: Strive together to conquer AI smartphones.
The results of the powerful reconstruction of iOS and Android systems with AI technology will be announced soon.
Employment Cooling: Has the US labor market weakened?
On July 5th, 2024, the US Bureau of Labor Statistics released the non-farm employment data for June 2024: the US added 0.206 million non-farm jobs in June 2024, expected to increase by 0.19 million, and the previous value was revised down to 0.218 million; the seasonally adjusted unemployment rate was 4.1%, expected to be 4%, and the previous value was 4%.
Goldman Sachs regards the cooling of US non-farm data: The Federal Reserve is expected to cut interest rates twice this year, but don't get too excited about it.
JPMorgan Asset Management's Chief Global Strategist, David Kelly, believes that although the latest non-farm data shows that the US economy is gradually slowing down and the Federal Reserve expects to cut interest rates twice in 2024. However, he is not optimistic about the US stock market because of the high risk of a significant pullback in stock prices.
Biden's self-rescue effect is not good, and the momentum of the Democratic Party's 'palace forcing' continues to strengthen.
According to reports, Virginia Democratic senator Mark Warner is trying to convene a group of Democratic senators next week to discuss Biden's re-election and its possible impact on lower-level elections.
Google's Emissions Have Jumped by Nearly Half in Five Years as AI Surges
Notable Analyst Calls This Week: Nvidia, Spirit Airlines and PayPal Among Top Picks