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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.
'Stick With What's Working' as Markets Head Into June Trade: Fundstrat's Tom Lee
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.
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.
Nvidia Is South Korea's Favorite Foreign Stock: Jensen Huang's Chip Company Can't Stop Winning
One of the top gaining S&P 500 stocks over the last year has been NVIDIA Corporation (NASDAQ:NVDA), which just reported a beat and raise in the first quarter.Investors and funds are flocking to hold s