The resumption of the FANG stocks long-term uptrend calls for new record highs.
Source: Bloomberg
Shares Big Tech Meta Platforms Artificial intelligence Market trend Google
Outlook on FTSE 100, DAX 40 and S&P 500 amid S&P Global U.S. bank downgrades, U.S. long dated yields surging higher and Zoom beating estimates.
Source: Bloomberg
Axel Rudolph FSTA | Senior Financial Analyst, London | Publicat
Walmart, an all-sessions stock, has upped its full-year forecasts as lower prices lured shoppers, but its CFO John David Rainey said "I don't want to declare that we are out of the woods here.’’
Shares Walmart Retail Demand Profit Inflation
Angeline Ong | Financial Analyst, Presenter and Content Editor, London | Publication date: Thursday 17 August 2023 17:27
Outlook on the Nvidia share price ahead of its upcoming Q2 results.
Source: Bloomberg
Shares Nvidia Price Share price Integrated circuit Graphics processing unit
An initial move higher in Wall Street last Friday eventually faded into the close, as market participants took the opportunity for further profit-taking into the seasonally weaker month of August.
Source: Bloomberg
‘FED PIVOT’ IN THE REAR VIEW MIRROR AS USD RETAKES THE DRIVING SEAT
With euro fundamentals seemingly unchanged for now, markets turned their attention to a whole host of Fed officials as they remain united in the direction of future rate hikes but divided on the terminal rate.
George, Kashkari, Daly and Bullard all had their say with Daly perhaps the most cautious in her message of not wanting to “overdo policy”, while Bullard remained true to his hawkish tag, stating that he is keen o