The iPhone maker unveiled on Monday its long-rumored mixed reality goggles, the first major new product announcement, entering a market occupied mostly by Facebook-parent Meta and its Metaverse
The weekly NAS100 has charted a series of higher troughs followed by higher peaks. This puts the index into an uptrend.
The US2000 tracks the performance of 2,000 small-cap US stocks. It is generally a more volatile index, as smaller companies have more limited access to financial resources than big companies. Many view the US2000 as a barometer of the US economy, due to its sensitivity to macroeconomics. Thus, its underperformance is worrisome.
The chip designer’s stock surged on Thursday, after the quarterly results showed strong demand for its Artificial Intelligence-related products, lifting the tech sector, despite debt ceiling uncertainty and hawkish repricing around the Fed
Watch today’s US Open for insights on the latest around the US debt ceiling and Fed-speak, the dovish shock by the Reserve Bank of New Zealand, the UK inflation data that keeps pressure for more rate hikes, NVIDIA’s AI-driven strong quarterly report and more
The chip designer reported somewhat mixed quarterly results on Wednesday, but the data center business generated record revenues on AI demand, which also drove strong forward guidance and sent the stock higher in pre-market
Apple, the renowned technology giant, made a significant declaration on Tuesday regarding their future. They unveiled a ground-breaking partnership with Broadcom, a leading company in the industry, for a substantial agreement spanning multiple years and involving billions of dollars. The focus of this collaboration is centred around the development and production of state-of-the-art 5G radio frequency components and wireless chips. It is noteworthy that a portion of these advanced 5G…
Yields Chart Uptrend Source: www.tradingview.com The top candlestick chart is the weekly US 2-year yield, with the weekly US 10-year yield underneath. The 2-year is a good proxy for monetary policy and the 10-year represents fixed income investors' sentiment. Both instruments have charted a higher trough followed by a higher peak, putting their yields into uptrend. This is in stark contrast to the sentiment shift of March (blue rectangles), where…
Popular low-cost airline group Ryanair released strong top and bottom line results for FY2023 (period ended March 31), with robust summer demand eyed
The FAANG stocks are influential. They are registering as overbought, which may have broader market implications.
Watch today’s US Open for insights on the US debt ceiling hopes, Burberry’s solid FY2023 results, the key takeaways from Tesla’s Investor Day and more
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