#Oil_prices settled higher Monday, as signs of an improving economy in #China boosted demand hopes at time when wildfires in China threaten supplies.  AT 14.30 ET (19:30 GMT), Brent oil #futures climbed 0.5%, to $83.21 a #barrel, while U.S. West Texas Intermediate crude futures rose 0.8%, to settle at $78.92 a barrel. #Chinese #inflation data […]

  #JPMorgan strategists said Monday they maintain a cautious stance on small and mid-cap (#SMid-caps) stocks as they “don’t see enough of a return to warrant taking on equity risk at this #juncture.” #Historically, interest rates have not moved lower in short order, #strategists highlighted, while #growth appears weaker this time #around and may not

   The S&P 500 was flat Monday as #investors awaited key inflation #report due later this week that will likely play a role in shaping the Federal Reserve’s monetary policy outlook.  At 16.00 ET (21:00 GMT), the #Dow #Jones Industrial Average fell 81 points, or 0.2%, the S&P 500 was 0.02% lower and the NASDAQ Composite gained 0.3%. The main

  #Analysts at #Goldman Sachs and #Wolfe #Research released notes Monday highlighting their worries regarding the U.S. federal debt.  #Goldman Sachs told investors that the fiscal outlook is “not good, but a little better,” with the federal #budget deficit looking likely to settle at around $1.8 trillion this year, #$100 #billion more than its prior #estimate.

   #Bitcoin price rebounded on Monday, as investors anticipated upcoming United States inflation data for April, which could play a crucial role in influencing the Federal Reserve’s decision on whether and when to reduce borrowing costs in 2024. The #dollar fell slightly on the day, relieving some of the pressure on #crypto markets. #3Bitcoin climbed 2.5%

  Last week, on May 10, several #Chinese #semicap_stocks experienced notable sell-offs, with NAURA, AMEC, and #Piotech declining by -5.1%, -3.7%, and -2.6%, respectively. This decline was attributed to concerns stemming from #SMIC’s reported remarks during their 1Q24 earnings call regarding overcapacity and reduced capex for the following year. However, #analysts assert this interpretation is

  #Analysts at Piper Sandler reiterated an Overweight rating and $465 price target on Microsoft (NASDAQ:#MSFT) in a note Monday, telling investors that the #company’s security segment remains a “key growth vector with healthy secular tailwinds.” The firm estimates that Security has crossed over ~10% of sales with broad reach into approximately 1 #million customers

  In the ever-evolving landscape of #customer service and engagement, leveraging technology to drive growth and enhance customer experiences has become paramount for #businesses striving to stay ahead. One company that has exemplified this approach is Five9 (NASDAQ:#FIVN). Amidst a rapidly changing market, Five9 managed to achieve a remarkable 29% year-over-year growth, a feat attributed

  #usa_crews in Baltimore plan to set off controlled explosions on Monday to allow them to remove a portion of the collapsed Francis Scott Key Bridge from the bow of the massive container ship that toppled the span in March. The #detonations will break the #bridge’s truss into small sections, enabling salvage crews to use

  #Goldman Sachs strategists noted Monday that European markets are reaching new all-time highs, with the #STOXX_600 and #Euro_ Stoxx 50 up 10% and 14% year-to-date, respectively, outperforming both the S&P 500 and NASDAQ. #Markets in the UK, France, Italy, and Spain have hit new highs since the onset of COVID, they highlighted. The upsurge comes as the