US Market

Despite the AI bellwether's blockbuster results, guidance created concerns, but NAS100 regains its footing as markets focus on Fed rate cut prospects

Nvidia's upcoming earnings report is crucial, as its AI chip dominance and recent stock volatility could significantly impact market sentiment. Despite potential delays in its Blackwell chips, analysts remain confident in Nvidia's growth prospects, driven by strong demand for its current Hopper series. The company’s position in the AI infrastructure space keeps it well-placed against rising competition.

Inflation data is taking centre stage this week as attention shifts from the slowing labour market. Economists expect the producer price index (PPI) for July to rise by 0.2%, similar to June's figures, indicating a modest annual increase. This stability suggests the Federal Reserve might consider cutting rates in September.

Last week saw significant market volatility due to worries over economic growth, yen carry trade issues, and a tech stock selloff. The S&P 500 initially dropped but recovered slightly, ending the week down 0.04% while maintaining a 12.04% gain for the year. Oil prices rose on geopolitical tensions, copper fell due to growth concerns, and gold slipped as traders took profits. Key upcoming data, including July’s CPI and Retail Sales,…

A severe downturn hit U.S. tech megacaps on Monday, with Nvidia, Apple, and Amazon leading a $1 trillion loss in market capitalisation. Japan's Nikkei 225 suffered its worst drop since 1987, while Bitcoin declined by 11%. The yen's unexpected strength and recession fears contributed to market instability. However, Japanese markets rebounded strongly on Tuesday, recovering over 9%, supported by a recent Bank of Japan rate hike. Other Asia-Pacific markets also…

Global markets are volatile, with the Nasdaq and Nikkei experiencing significant drops. Weak U.S. jobs data and central bank policies are fueling recession fears. Safe-haven assets are rising, and analysts caution that while recent market corrections may offer opportunities, the situation remains uncertain.

This year the stock market has generally enjoyed a period of stability often described as a "Goldilocks" economy, which has avoided the extremes of overheating or stagnation. However, recent economic data has sparked concerns of a downturn. The July jobs report revealed a modest addition of 114,000 jobs, with the unemployment rate rising to 4.3%, the highest in nearly three years. This, combined with earlier signs of slowing consumer spending…

The tech-heavy slumps to correction territory as Friday’s jobs report sparked recession fears and boosted market pricing for aggressive rate cuts while Mag7 earning did not dispel AI bubble fears

The tech giant posted revenue growth and expects this to continue in the current quarter, but sales in China contracted as headwinds persist

Amazon's latest financial report revealed a mixed performance, leading to an 8% decline in after-hours trading. The company's revenue for the quarter ending in June reached $148 billion, a 10% increase from the previous year, but slightly under analysts' expectations of $148.7 billion. Despite this, Amazon achieved a significant 94% rise in earnings per share, reaching $1.26, well above the forecasted $1.03. The Amazon Web Services (AWS) division continued to…

The Facebook and Instagram parent company reported strong results which justifies its AI splurge, calming broader market fears of excessive spending on the new technology