Market Overview
QCOM wants to create competition in the AI chip market. Hong Kong index hits five-month high
2024.04.25
Meta (META) achieved record first-quarter sales, showing strong growth in its advertising business thanks to new advances in artificial intelligence.
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TSLA shares rose on a weak report. Inflationary pressures are easing in Australia
2024.04.24
Tesla's (TSLA) first-quarter net income fell by 55%, but its share price rose in aftermarket trading Tuesday as the company said it would accelerate production of new, more affordable vehicles.
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PMI data is the focus of investors' attention today. Turkey, Iraq, Qatar, and UAE signed a transportation agreement
2024.04.23
About 180 companies in the S&P 500 (US500), or more than 40% of total capitalization, are scheduled to report earnings this week, including four of the "Magnificent Seven" technology companies: Tesla...
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Geopolitical risks in the Middle East are declining. China kept interest rates at lows
2024.04.22
The House of Representatives quickly approved $95 billion in foreign aid for Ukraine, Israel, and other US allies in a rare Saturday session as Democrats and Republicans united after months of stiff r...
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Week's main events Week's main events (April 22 – April 26)
2024.04.22
Investors' focus this week is on Bank of Japan meetings, US PCE data, and the reporting season
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Israel has retaliated against Iran. Investors run to safe assets
2024.04.19
Meta Platforms (META) is up more than 1% and led the NASDAQ (US100) risers after Moody's Ratings Services upgraded the company's senior unsecured debt rating to Aa3 from A1.
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The US natural gas prices fell to a 2-month low. A drop in the technology sector on Wednesday had a negative impact on the broad market
2024.04.18
Cipollone of the ECB executive board said that if incoming data confirms that inflation is returning to the 2% target, removing some of the restrictive measures introduced in 2023 would be appropriate...
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Indices decline amid hawkish comments from the Fed. Investors are waiting for Israel's answer
2024.04.17
ECB President Lagarde said yesterday that unless there are major shocks to developments, the ECB is approaching a point where the bank will have to moderate its restrictive monetary policy.
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Stock indices sell-off amid rising geopolitical tensions in the Middle East. China's GDP grew the most in a year
2024.04.16
Tesla (TSLA) closed down more than 5%, topping the Nasdaq 100 losers list, after CEO Musk said the company will cut its global workforce by more than 10% as demand for electric vehicles slows.
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Escalating conflict in the Middle East is forcing investors to shift funds to safe assets
2024.04.15
Following last week's alleged Israeli strike on senior Iranian military commanders in a Syrian compound, market participants were spooked as a flurry of reports emerged towards the end of the week tha...
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