Inflation cooling solidifies the expectation of Fed rate cuts! Will this industry become the new darling of Wall Street?
The SPDR S&P Biotech ETF (XBI) has achieved five consecutive gains, with a cumulative increase of nearly 8% in 5 days.
How long can the popularity of AI in the US stock market last? Goldman Sachs: Focus on whether massive investment can bring returns.
As the leader in the US stock market, the duration of AI hype and when it will subside is the most pressing concern for investors. Goldman Sachs points out that to determine when AI hype will dissipate, attention should be paid to a key indicator - investment returns.
Bitcoin, Ethereum, Dogecoin Cool Down After Morning Spike On Positive Inflation Data: Analyst Underscores Importance Of King Crypto's Break Above $60K
Leading cryptocurrencies gave up their early morning gains as the cooler-than-expected inflation data ended up becoming a 'buy the rumor, sell the news' event. CryptocurrencyGains +/-Price (Recorded 8
Has an important shift in market style occurred in the US stock market? The significant inflation in the USA is bullish, causing the "Seven Sisters" to suffer heavy losses while small-cap stocks soar.
Nasdaq 100 fell heavily by 2.2%, while small cap stock index Russell 2000 surged by 3.6%. The divergence trend between the two is the biggest since January 2021. In fact, Thursday's trend was foreshadowed. Goldman Sachs mentioned that previously, US technology stocks continued to rise, but "smart money" hedge funds reduced their positions. Some analysts believe that Thursday's trend will not form a trend, but it highlights that the market is looking for different trades, not just long positions in large technology stocks.
Technology stocks continue to diverge positively, with the "Carrot Run" trend showing no signs of cooling down, and the concept of intelligent driving is expected to make waves again.
Track the entire lifecycle of the main sector.
Express News | Tesla's night trading on the US stock market continued to fall by nearly 2%, with an overnight decline of more than 8%. According to Bloomberg's report, Tesla has postponed the release time of the self-driving car Robotaxi from August to October, so that
Futu Morning News: Has there been an important shift in the style of the US stock market? Bullish on US inflation, technology giants fall, and small cap stocks soar.
"New America's Fed News Agency" June CPI: Mild inflation opens the door to a rate cut in September; Bearish surprise! Robotaxi launch delayed until October, tesla stock falls more than 8%; Xpeng's stock rises more than 7%, and X9 sold 13,143 units in the first half of the year, with He Xiaopeng responding to the new model.
US stocks close | Nasdaq fell nearly 2%, Tesla fell more than 8% ending eleven consecutive rises, Nvidia fell 5.57%.
Comprehensive cooling of inflation in the United States, betting on rate cuts in September to drive rotation in US stocks; Apple fell 2.32%, ending a seven-day winning streak, maintaining its position as the market cap leader, while Microsoft fell nearly 2.5% and Google-A fell nearly 3%.
Yardeni Raises S&P 500 Year-End Target To 5,800, Hints At Faster-Than-Expected Discounting Of 'Roaring 2020s Scenario'
Veteran Wall Street investor Ed Yardeni has adjusted his outlook for the S&P 500, raising the year-end target to 5,800 from 5,400, and maintaining a target of 8,000 by the end of the decade. "The
NVIDIA Director Mark A. Stevens Sells 785K Shares At Average Price Of $132.48
NVIDIA Director Mark A. Stevens Sells 785K Shares At Average Price Of $132.48
Nvidia Leads Slide as Investors Rotate Out of Mega Tech
Bespoke Highlights a Rare Outperformance in Small-caps Vs S&P 500
Wells Fargo Maintains Overweight on Advanced Micro Devices, Raises Price Target to $205
Wells Fargo analyst Aaron Rakers maintains Advanced Micro Devices (NASDAQ:AMD) with a Overweight and raises the price target from $190 to $205.
Advanced Micro Devices Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/11/2024 13.84% Wells Fargo $190 → $205 Maintains Overweight 07/09/2024 22.17% Keybanc $230 → $220
Rosenblatt Maintains Buy on Broadcom, Raises Price Target to $2400
Rosenblatt analyst Hans Mosesmann maintains Broadcom (NASDAQ:AVGO) with a Buy and raises the price target from $1650 to $2400.
Broadcom Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/11/2024 43.28% Rosenblatt $1650 → $2400 Maintains Buy 06/24/2024 28.36% B of A Securities $2000 → $2150
Jim Cramer: The Biggest Beneficiary Of AI Is Going To Be... JPMorgan?
Jim Cramer surprised his co-hosts on CNBC's "Squawk On The Street" on Thursday when he predicted that JPMorgan Chase & Co (NYSE:JPM) would end up being the biggest beneficiary of the AI boom.What
10 Information Technology Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
Shares of Semiconductor Stocks Are Trading Lower Amid Ongoing Market Volatility as the Market Pulls Back Following Recent CPI Data.
Shares of Semiconductor Stocks Are Trading Lower Amid Ongoing Market Volatility as the Market Pulls Back Following Recent CPI Data.
$100 Invested In Advanced Micro Devices 20 Years Ago Would Be Worth This Much Today
Advanced Micro Devices (NASDAQ:AMD) has outperformed the market over the past 20 years by 5.75% on an annualized basis producing an average annual return of 14.12%. Currently, Advanced Micro Devices