US MOVERS&SHAKERS May 27-May 31, 2024
Here are the top 10 gainers and losers of the week.
Implications of the collapse of US software stocks: At least at this stage, AI is a replacement for software, not a benefit!
Driven by the AI boom, the tech industry is currently undergoing an unprecedented drastic reshuffle. This week's earnings reports from software and enterprise technology companies reveal the pain of this turning point — performance is generally weak, and the outlook is uncertain.
Expectations are full! Just next week, the ECB will take the lead in starting a cycle of interest rate cuts
The ECB's interest rate cut in June was fixed, but Deutsche Bank believes that the ECB is still plagued by high inflation, weak growth, upward pressure on wages, and exchange rate fluctuations. It is expected that it will not cut interest rates month by month but only once every quarter.
Is it time to switch? Nvidia vs Dow!
In the context of the gradual fading of the AI trading boom, investors may consider turning their attention to Dow constituent stocks that were previously snubbed by the market.
June's Must-See Financial Events: Fed Interest Rate Decision, Nvidia Stock Split, Apple WWDC 2024, Tesla Shareholder Meeting
Check out key events in June here.
U.S. Shares Mixed at Close of Trade; Dow Jones Industrial Average up 1.51%
Nasdaq, S&P 500 Soar in Final Minutes Despite Selloff in Tech Megacaps | Wall Street Today
Stocks traded volatilely Friday as Wall Street marked May's final market day, but the main indexes ended the session higher.
Wall Street Snaps Five-Week Winning Streak, Economic Growth Slows, Inflation Holds Steady in April: This Week in the Market
The U.S. stock market ended a five-week positive streak as investors feared that slowing economic momentum could impact the earnings outlook for American corporations.
S&P, Closes up 4% in May | Market Story
As a general recap, indexes were catios and flatter Friday. Just after 10 AM EST, the $S&P 500 Index traded up just 0.05%, the $Dow Jones Industrial Average climbed 0.12%, and the $Nasdaq Composite In
The Dow Dumped Exxon in 2020. Adding Salesforce Was a Losing Move. -- Barrons.com
Andrew Bary The sharp drop Thursday in shares of Salesforce punctuates what has been one of the worst changes in the Dow Jones Industrial Average in the past decade. Back in August 2020, S&P Dow Jon
Inflation Fell a Little, and Market Is Not Celebrating | Herd on Wall Street
Morning mooers! It's finally Friday, May 31, the market is open and mostly climbing. PCE index numbers showed a single 0.1% decline in core prices for April, to not much celebration.
Salesforce, UnitedHealth Share Gains Contribute To Dow's 132-Point Climb
This article was automatically generated by MarketWatch using technology from Automated Insights. The Dow Jones Industrial Average is climbing Friday morning with shares of Salesforce and UnitedHealt
Express News | US April Core PCE Price Index YoY 2.8% Vs 2.8% Forecast, Prior 2.8%
Should SPDR Dow Jones Industrial Average ETF (DIA) Be on Your Investing Radar?
PCE Inflation Data for April: What Economists Expect
By WSJ Staff Are inflationary pressures abating? Investors will get a fresh look on Friday, with the Federal Reserve's favored inflation metric due at 8:30 a.m. ET. Here's what economists expect fro
AI PCs Set to Take Off in One Year? Here's What You Need to Know
Industry leaders continue to voice their optimism for AI PCs, and Wistron president Jeff Lin saying that AI PCs will gradually take off.
Liquidity Is Starting to Dry up as the Fed Conducts QT and Bank Lending Slows, Says JPMorgan
By Steve Goldstein Liquidity in U.S. financial markets is starting to dry up, which could it make it difficult for stocks and other risky assets to advance from here, according to analysts at JPMorga
Trump Convicted of 34 Felony Counts. A New Era of Uncertainty Will Follow
By Matt Peterson Former President Donald Trump was convicted on all counts in his New York hush-money trial Thursday, opening up an uncertain new era in U.S. politics. The Manhattan jury found him gui
BlackRock's Moore on Equities: 'Don't Sit This Out'
Kate Moore, BlackRock's head of thematic strategy, says the US consumer is in "ok shape" and the equity market will end the year strong. Speaking on Bloomberg Television, Moore also comments on the outlook for tech stocks.
Why the Dow's Topsy-Turvy May Isn't a Sign of a Broader Market Panic
It looks like that old proverb about the weather in March can also aptly describe how the Dow did in the month of May: "In like a lion, out like a lamb." Or maybe we should rephrase that to, "In like a bull, out like a bear?"