The US economy started weakly in the second quarter, and the Fed's interest rate cuts have stabilized again?

A series of reports released this week showed that the US economy started slowly in the second quarter, further proving that demand is cooling down, which will help lay the foundation for the Federal Reserve to cut interest rates.

Zhitong FinanceMay 16 23:51 ET

“Hedge Fund Legend” Taper Q1 made a big deal to increase its stock positions! Slash Nvidia positions

In the first quarter of 2024, this top asset manager drastically reduced its holdings of these technology stocks benefiting from the AI investment frenzy in the first quarter of 2024, but increased its holdings in Chinese securities such as Alibaba and Pinduoduo by a large amount.

Zhitong FinanceMay 16 02:47 ET

The fundamentals of “Magnificent 7” are rock solid! Is it still the “main force” leading US stocks to soar?

Shares rose rapidly after Facebook's parent company Meta and Google parent company Alphabet announced new dividends; currently, tech giants still spend more money on share buybacks than dividends.

Zhitong FinanceMay 13 07:33 ET

Why is US consumption so strong? This might be the answer

Why does the highest interest rate in more than 20 years seem to have put much resistance on Americans' consumption? Perhaps the answer is that some undisclosed “ghost debt” supports Americans' expenses, but also sows the seeds of disaster.

wallstreetcnMay 10 05:17 ET

Led by Apple and Meta, the repurchase amount of S&P constituent stocks in the first quarter exceeded 180 billion US dollars, an increase of 16%

Goldman Sachs expects that the repurchase scale of S&P 500 shares will reach US$925 billion this year and further expand to US$1.075 trillion in 2025, with annual growth rates of 13% and 16%, respectively.

wallstreetcnMay 10 03:26 ET

US stocks close | Federal Reserve officials eagle, NASDAQ falls back, Tesla falls nearly 4%

The Dow Index recorded its longest continuous rise in more than four months. After the Reddit market, Disney fell 9.5% and Palantir fell 15%; after the results, the China Securities Index fell more than 2% and fell twice in a row. Xiaopeng Motors fell more than 6%, and Ideal Auto fell more than 3%.

wallstreetcnMay 7 19:01 ET