US stocks rose in early trading, with growth tech companies seeing a general increase. Nvidia and Meta both rose more than 2%.
3m rose by over 13%, and the company raised its full-year profit expectations; Coinbase rose by over 6%, with three people joining the board of directors, including an OpenAI executive and a former US Deputy Attorney General.
US Stock Market Outlook: Core PCE is higher than expected! Three major indices are strong, and growth tech stocks are booming before the market opens; Wedbush is not afraid of the cooling of the "AI fever": the valuation of growth tech stocks is more heal
BlackRock co-founder: If Trump is elected US president, it will pose a risk to US stocks. Fierce local competitors, iPhone's market share in China dropped out of the top five for the first time in four years. Deckers rose more than 12% before the market, Q1 profit and revenue exceeded expectations, and raised its full-year profit forecast.
Express News | S&P 500 index and Nasdaq 100 index futures hit pre-market highs.
Express News | Interest rate futures in the USA rose slightly after the release of inflation data; traders expect that the Federal Reserve will maintain interest rates in July and begin to lower them in September.
This week's hottest US stocks | Earnings season coincides with the "technology stock selloff"! Spotify rose more than 11% against the trend, with two military industry giants collaborating to reach a new high.
Music streaming giant Spotify rose by 11.47% this week, hitting a new high for the year, and next quarter's profit guidance is far beyond expectations. Military industry giants RTX Corp and Lockheed Martin join hands to create new highs.
Bank of America: If the US economy continues to cool down, American technology giants will come under further pressure.
Bank of America strategist Michael Hartnett said that if the US economy continues to cool down, the rise of large US technology stocks may further fade.