Notable Analyst Calls This Week: Nvidia, Spirit Airlines and PayPal Among Top Picks
Small, Mid-size Biotechs Could See M&A Action in H2 - PwC
Nintendo's President Says AI Can Be 'Creative,' But Raises Intellectual Property Concerns
In a recent shareholder Q&A, Nintendo ADR's (OTC:NTDOY) President Shuntaro Furukawa addressed the issue of generative artificial intelligence (AI) in video game development, a hot topic that has stirr
Benzinga Bulls And Bears: Tesla, Nvidia, Palantir And Trader Predicts 'Huge Rebound' For Dogecoin
Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.U.S. stocks hit all-time highs during the shortened Independence Day t
Further Rise in Jobless Rate May Prompt BNP Paribas to Call for Two Rate Cuts in 2024
"Only God can make me drop out!" Biden passionately promises to continue the campaign, but he misspoke again this time.
On Friday, US Eastern Time, Biden stated in an interview that he will continue to run for the presidency, and that he is the best candidate to stop Trump from returning to the White House in November. However, it was a bit awkward that he misspoke during this 22-minute interview. On Monday next week, US Eastern Time, several Democratic congressmen will have a meeting to discuss persuading Biden to drop out of the race.
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.
Nvidia GPU, alarm bells ringing
Shortly after France announced it would launch an antitrust investigation against Nvidia, there was more bad news.
"Weight-loss miracle drug" has new benefits. Research shows that GLP-1 drugs may help reduce the risk of cancer.
The Centers for Disease Control and Prevention (CDC) in the USA states that obesity increases the risk of developing 13 cancers, while the latest research examines the health records of diabetes patients and finds that some diabetes treatments may help prevent obesity-related cancers.
The EU's "Antitrust Queen" is conducting a preliminary investigation into the supply of Nvidia AI chips.
Vistage mentioned that ai chip is facing a supply shortage and dominant companies may face certain behavioral restrictions in the future.
Express News | Bank of America: the rise in index driven by giant stocks is a market feature, not a market bug.
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
Has the US labor market still been "strong"? Media reported that non-farm payrolls data for the first two months were significantly revised downward.
"New American News Agency" stated that although the non-farm data in June is not enough to make the Fed cut interest rates at the July meeting, it is likely to cause a more intense debate on cutting interest rates in September at the July meeting.
"Fed's top three": Although there has been progress in inflation control work, it has not been completed yet.
On Friday, New York Fed President Williams delivered a speech at an event in Mumbai, India, stating that despite recent declines, inflation rates are close to the Fed's target of 2%, and Williams emphasizes policymakers still need to continue efforts to achieve this goal.
Fed Monetary Policy Report: Inflation slows, confidence still needed before rate cuts, closely watching next week's Powell hearing!
The report summarizes the state of the US economy in the first half of this year and the execution of the mmf policy by the Federal Reserve, which is almost consistent with the discussions in previous Federal Reserve meetings.
Has NVIDIA's stock price reached its peak? Analysts downgraded its rating, but are bullish on AMD and Taiwan Semiconductor.
Ferragu is bullish on the stock performance of AMD and Taiwan Semiconductor, with target prices for the two stocks of $235 and NT$1200 respectively over the next 12 months.
Rare! Nvidia was 'downgraded', analysts say its valuation is worrying, and its stock price fell nearly 2%.
He said that nvidia's current pe ratio may be too high, but the fundamental quality of nvidia has not changed, and it is only recommended to buy when the stock price continues to be low.
Top 20 turnover | Tesla has risen for 8 consecutive days, up more than 27% this week, with a total transaction volume of over 38 billion US dollars.
On Friday, Tesla was the top volume trading company in U.S. stocks, rising 2.08% for the eighth consecutive trading day, and the stock price hit a new six-month high with a transaction volume of $38.342 billion. The stock has risen more than 27% this week, wiping out most of its losses this year. Nvidia, ranked 2nd, fell 1.91% with a transaction volume of $27.207 billion. Apple, ranked 3rd, rose 2.16%, with a transaction volume of $13.591 billion.
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.
S&P Kicks off H2 With Best Week Since Late April, Now Within Sight of 5,600 Points