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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 | 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.
Express News | Analyst: As long as the PCE data is not catastrophic, the Federal Reserve is expected to hint at a rate cut in the fall next week.
June PCE Outlook: Inflation may continue to slow down, Fed may cut interest rates in September.
The PCE for June is expected to continue to cool down. Will the Fed cut interest rates in September? Some sub-items may heat up, and the path with the least resistance for gold is ...