US stocks closing | NASDAQ ends seven consecutive gains, nvidia down 3.54%, market cap falls behind Microsoft again.
Ai concept stocks fell, with Arm down over 7%, Micron Technology down over 6%, Broadcom down over 3%, and Super Micro Computer turning down after a 10% rise.
"The bulls are dancing on the edge of a knife"! High concentration in US stocks could worsen the risk of a crash.
As the US stocks rise more and more concentrated, analysts warn that the market may easily be collapsed...
The AI wave is sweeping the globe, and the myth of getting rich quick is being played out one after another. Which companies are currently hot?
As one of the most notable presences in global capital markets in recent years, Nvidia continues to reshape investors' perceptions of high-growth stocks. It is also single-handedly supporting the entire AI ecosystem, creating amazing tales of wealth in various niche fields.
Is the "employment cliff" coming in the USA? One major driving force behind employment growth may be significantly weakened.
A new report from Wall Street shows that the government has completely underestimated the contribution of immigrants to the US economy, and with the implementation of Biden's measures to curb immigration growth, job growth may be significantly reduced.
Where is the ceiling of the US stock market? A quick look at the latest forecasts from major banks.
Approaching the halfway point of 2024, but under the joint stimulation of slowing inflation, rising expectations of interest rate cuts, and the AI boom, investor optimism continues to be ignited, and the surge in the US stock market shows no sign of diminishing.
U.S. stock preview: Three major futures indices rose, Super Micro Computer rose more than 5%, Dell rose nearly 4%, and Nvidia rose more than 3%.
Bilibili rose more than 7% pre-market, with the mobile game "Three Kingdoms: Strategic Victory" performing better than expected; Accenture rose more than 7% pre-market, with third quarter sales of generative AI exceeding 900 million US dollars; The expectation of a Fed rate cut is increasing, and the "rise" of US bonds is gradually sounding.
BNP Paribas: Betting on US stocks is stable but diversification is necessary. For the first time in two years, they have increased their shareholding in Chinese stocks!
BNP Paribas said that the US stock market remains in the best position in 2024, which is a stable bet. Since the end of 2022, the bank has increased its shareholding of Chinese stocks for the first time. They also closed their long position in copper last month, claiming that investors had excessive exposures, but they said the bullish momentum for gold still exists.
Despite the mid-year, the U.S. stock market remains a bright spot, but diversified investment is crucial.
Although the US stock is still a stable choice in mid-2024, investors need to start broadening their horizons and increasing opportunities in other asset categories.
Mid-year review | Top 10 surging ETFs in US stocks! Semiconductor-related ETFs surged the highest at 200%, s&p 500 and Bitcoin ETFs are the "money suckers".
In the first half of this year, with global funds racing to deploy AI and the technology sector unstoppable, it drove the US stock market to new highs time and time again. Among them, various US exchange-traded funds (ETFs) also have full potential.
The 'crash theory' of the US stock market has been refuted by data! Overvalued stocks will be digested in another way.
Analysts pointed out that the s&p 500 index and the technology industry are far from collapsing.
Daily options tracking | AI boom! Nvidia's multiple call options earned 150%, Taiwan Semiconductor and Micron options trading volume doubled.
Nvidia rose more than 3% overnight and became the "global stock king"; 6.02 million options were traded overnight, with a call ratio of 63.2%; options with a strike price of 135/140/136 USD expiring on Friday were the most active in trading, with option prices rising around 150%.
Futu Morning Post | S&P, Nasdaq continue to set new closing highs, Nvidia crowned as "world stock king"; US stock market closed today
Bank of America institutional clients continued to increase their holdings in technology stocks and social media concept stocks while reducing their shareholding in finance last week; Apple suspended the development of the next generation of high-end headsets, focusing on releasing a more affordable Vision Pro next year; Hewlett Packard Enterprise and Nvidia jointly launched a new generation of AI solutions.
Brad's successor's debut: rate cuts may have to wait "several quarters".
The new regional Fed chairman said he would support raising interest rates if the data proves necessary.
US stock market closing: Nasdaq hit a new high for the seventh consecutive day, Nvidia leads in market cap, while Apple and Microsoft fell back.
On the sixth day of a seven-day period, the S&P 500 index rose again to a new high, while Growth Tech stocks fell. Apple, Meta, Google, and Tesla all fell by more than 1%, while ARM, Taiwan Semiconductor, Qualcomm, and Micron Technology's stock prices hit new highs.
Is the labor market at an inflection point? Goldman Sachs economists insist that the Federal Reserve will cut interest rates twice this year.
Goldman Sachs economist Jan Hatzius' team pointed out that the key driver of labor demand is economic activity, and GDP growth has clearly slowed down. The Federal Reserve may cut interest rates once in September and December.
The Federal Reserve's "big three": as inflationary pressures continue to ease, interest rates will fall.
Williams expects inflation to continue to decline and acknowledges that employment data may be 'exaggerated.'
Consumer spending in the USA has slowed down, and the "September interest rate cut camp" of the Federal Reserve has once again strengthened.
The May retail sales report was weaker than expected, which may provide a reason for the Fed to cut interest rates in September.
Not afraid of high stock prices in the United States? Bank of America survey: Investors still willing to "invest" in the market!
The US stock market is seen as the biggest beneficiary of the reconfiguration of the $6.1 trillion currency market fund, and investor optimism remains at its highest level since November 2021.
Why is the US economy strong? Oaktree Capital's Max explained that it has benefited from economic stimulus policies and the reshoring of manufacturing.
Max said that the economic stimulus policy and the reshoring of manufacturing are the main reasons for the strong performance of the US economy in recent times; He pointed out that the rise of technology stocks such as Nvidia, driven by the AI boom, supported the performance of the US large cap market ;He believes that many people are too optimistic about the development of AI. If this new technology fails to meet investors' expectations, disillusionment and disappointment may occur, and the stock market may decline.
US Stock Outlook | “Horror data” falls short of expectations. The three major periods indicate weak fluctuations; Goldman Sachs insists that the FED cut interest rates twice
Broadcom's market cap has risen to eighth in the USA, and Wall Street praises it as the best AI stock except for Nvidia. The only 'big bear' on Wall Street still insists that Morgan Stanley believes that the US stock market will fall back by 23% within the year. Max of Oaktree Capital: It benefits from economic stimulus policies and the return of manufacturing.