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European Central Bank officials are sticking to plans to cut interest rates multiple times this year :

  #European #CentralBank #officials are sticking to plans to cut interest rates multiple times this year, even as higher #usainflation delays a pivot to looser policy by the U.S. Federal Reserve and tensions in the Middle East keep oil prices high. #Investors are rethinking what they expected to be a global easing cycle after stubbornly

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Apple stock weakness explained

Despite a recent pullback in Apple’s (NASDAQ:AAPL) stock price, Bank of America (BofA) is bullish on the tech giant, naming it a top pick for 2024. This comes even as the broader market grapples with a correction. In the note, BofA delves into why it expects a strong lJune guide from the iPhone maker and

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Nvidia stock

The #recentmarket #downturn hasn’t spared chipmakers, with the S&P 500 experiencing a correction and many #chip #makers, such as #Nvidia (NASDAQ:NVDA) #Stock taking a hit. However, amidst the broad sell-off, Morgan Stanley sees an opportunity. #Nvidiastock slumps #Nvidia’s #stock price closed last week at $762 per share after a 10% decline in Friday’s session, taking

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free signal

#usa stocks rose

#usastocksrose Monday, recovering after clocking two straight weeks of steep losses on a #technology rout and waning expectations of interest rate cuts.  At 06:25 ET (10:25 GMT), #Dow Jones Industrial Average rose 115 points, or 0.3%, S&P 500 rose 22 points, or 0.5%, while NASDAQ Compositerose 105 points, or 0.7%. Big tech earnings eyed    

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Tesla

#Tesla fell more than 3% in premarket trade on Monday, as its latest global price cuts fanned Wall Street concerns about dwindling margins at the electric-vehicle maker in the run-up to its earnings report later this week. The company slashed prices by up to $2,000 on its vehicles such as the Model 3 and Model

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