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MacroTrends: AI boom far from over, will help drive S&P 500 to peak at 7000 points next year.
On Wednesday, July 4, Capital Economics stated that the S&P 500 index has already exceeded more than 30 historical highs this year, and the AI frenzy will continue to drive the stock market soaring until 2025. Neil Shearing, the chief economist of the institution, predicted in a report this week that by next year, the benchmark index will reach a peak of 7,000 points. If it rises to this level, it will mark a 27% increase in the benchmark index.
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What's Going On With GameStop Stock On Monday?
GameStop Corp (NYSE:GME) shares were trading higher in the premarket in a volatile Monday session, indicating a possible rebound.Last Friday, the stock closed lower by 39% after the company reported f
GameStop Releases Q1 Results Ahead Of 'Roaring Kitty' Event, Files Prospectus To Raise Capital Via Equity Offering
Video game retailer GameStop Corp (NYSE:GME) stock released its first-quarter 2024 results ahead of its scheduled June 11.The company reported net sales of $881.80 million, down from $1.237 billion ye
Broad Market ETFs Remain Below 50-day Moving Averages, Despite Last Week's Uptick