It seems the risk on trade is back and optimism has returned with the AI and chip leader stocks that sold off since March, clawing up, Nvidia $NVIDIA(NVDA.US$rose 3.6%. SMCI $Super Micro Computer(SMCI.US$rose 15.8%. AMD $Advanced Micro Devices(AMD.US$rose 4.25%.
This comes for good reason, US core CPI eased in April for the first time in six months, to 0.3%, and retail sales stagnated. ...
This comes for good reason, US core CPI eased in April for the first time in six months, to 0.3%, and retail sales stagnated. ...
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Jessica Amir
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Four points. Three charts on GameStop $GameStop(GME.US$after it rose 74% to $30.45 on Monday when RoaringKitty made a come back on X. But here is why you probably won't see the 'Meme-Stock Frenzy' of 2021 where its shares ripped up 2,000%, but need to trade carefully.
This is not saying its shares won't rip up higher, it's just saying be careful as the business is seeing declining revenue and flat net income which the ave...
This is not saying its shares won't rip up higher, it's just saying be careful as the business is seeing declining revenue and flat net income which the ave...
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It was a cracking open for Zeekr $ZEEKR(ZK.US$ on the NYSE after floating, with their shares surging 34% in a day. They came on at $21 and closed at $28.26 just a day after their IPO. Very clever and well played by Geely, the parent company.Geely is the parent company of Volvo, Polster and Lotus as well, just to name a few. We cover what you need to know about the third most popular EV in Chin...
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The Australian share market still underperforms the US, with the ASX200 up 14.2% from its October low but now trades 2.3% in striking distance of its record all time high. We explore what could support the Aussie market finally gaining more legs this week, from Federal Budget stimulus being announced to the potential weakening of Aussie employment. Here is what to watch
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- Should Australian employment fall a...
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- Should Australian employment fall a...
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ColumnsThe US market could break history and extend its record rally this week. Here is your checklist
This week the US bull market could extend its record run with the S&P500 up 27% from its October and now just 0.5% away from striking its record all time high. If US CPI weakens as expected and US company earnings continue to beat expectations, then we will probably witness history, seeing the US market climb to new record highs.
What may support the US market higher is a bevy of factors including
- Th...
What may support the US market higher is a bevy of factors including
- Th...
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Commonwealth Bank of Australia $CommBank(CBA.AU$shares sank 2.2% after handing down quarterly results. So, it seems the market might not believe CBA's CEO when he suggested the bank could be nearing the end of its losses. But where will CBA shares go next? And how much would you be better off investing into Microsoft instead. We explore all this and more.
Well, when you look...
Well, when you look...
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This US earnings season (with 412 out the S&P500 companies reporting earningsd so far) we've seen some of the biggest companies in the world, those in the S&P500 $S&P 500 Index(.SPX.US$ beating earnings forecasts by 9% on average.
PLUS The amount of companies beating expectations and the amount that they are beating are both above their 10 year averages.
And forward ...
PLUS The amount of companies beating expectations and the amount that they are beating are both above their 10 year averages.
And forward ...
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In Australia mortgage holders and owners of ASX small caps will be on guard with RBA Governor’s press conference on Tuesday being a big focus, and whether or not potential rate hikes could be on the cards this year.
That's right, I said it. Rate hikes are on the cards after a series of hotter than expected CPI reads, and now the...
That's right, I said it. Rate hikes are on the cards after a series of hotter than expected CPI reads, and now the...
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Jessica Amir
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Hello mooers!
We're thrilled to announce our upcoming live streaming event, where we'll be joined by Jessica Amir, Moomoo official market strategist and Bowen Yu, Chartered Financial Analyst.
AI will change the world as we know it, and we have not missed the boat. The rise of generative AI has driven advancements in various technology industries like chips, cloud computing, and software applications.
As we are in 2024, many investors wonder if there are ...
We're thrilled to announce our upcoming live streaming event, where we'll be joined by Jessica Amir, Moomoo official market strategist and Bowen Yu, Chartered Financial Analyst.
AI will change the world as we know it, and we have not missed the boat. The rise of generative AI has driven advancements in various technology industries like chips, cloud computing, and software applications.
As we are in 2024, many investors wonder if there are ...
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Apple $Apple(AAPL.US$'s Event Apple will be a focus as it holds its Apple Event on May 7 (10am ET, May 8 12am AEST) which is expected to set the runway for fuelling iPad sales, which Apple forecasts to rise this year (for more watch our video here.)
Ahead of Apple's event, institutional buying of Apple shares increased. According to filings on May 7, BNP Paribas & Deutsche Bank bought 7 million shares each in Apple, taking their holdings to ...
Ahead of Apple's event, institutional buying of Apple shares increased. According to filings on May 7, BNP Paribas & Deutsche Bank bought 7 million shares each in Apple, taking their holdings to ...
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