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US stock market early session | The three major indexes are mixed, with Rivian surging more than 31% and fedex rising more than 12%.
Growth tech stocks have mixed performance, with Tesla up nearly 3%, Broadcom up nearly 2%, nvidia slightly up; some popular China concept stocks are down, with Bilibili falling by more than 2%.
BNP Paribas: US stocks face a "key turning point"! Are there opportunities outside of the technology industry?
The analyst from Industrial Bank of France said that if a bubble is formed, the S&P 500 index will reach 6666 points.
Deutsche Bank warns: Before the financial report season, US stocks may experience short-term pullback again.
A strategist at Deutsche Bank stated that by the end of next week, nearly half of the constituents of the S&P 500 index will enter a blackout period.
US Stock Market Outlook: Goldman Sachs predicts that the S&P 500 index will hit a new high in July; Nvidia shareholder meeting and Micron quarterly report are both coming, rising over 2% before the market opens.
BNP Paribas: with the Fed rate cut approaching, the S&P 500 index will maintain a "buy on dips" pattern; Rivian soaring nearly 42% pre-market, announced a joint venture with Volkswagen to develop the next generation of electric autos and software; FedEx surging over 14% pre-market, annual profit guidance exceeding expectations.
Goldman Sachs predicts that in July, the S&P 500 index will set a new high!
Goldman Sachs pointed out that the first two weeks of July were the best two weeks of trading since 1928.
Don't be afraid of high prices, for memory stocks, new highs are better than lows, according to Daiwa.
Buying when memory stocks reach new highs is more likely to be profitable than buying when stock prices hit new lows. As long as there are people in the market who question the stock price, it means that the stock still has potential for growth, but the ultimate determinant is the company's earnings ability, not the valuation.