Palo Alto Networks Does It Again – Aug 20
Trends to Watch The cybersecurity company Palo Alto Networks (Nasdaq: PANW) posted better-than-expected financial earnings results on Monday, sending the stock up 1.93% in after-hours trading. Big Week: Here’s how U.S. stocks historically perform around the Fed’s Jackson Hole gathering (MarketWatch) Another Setback: Boeing pauses tests of 777X aircraft after finding damage to one of the jets structures (CNBC) […]
Stocks up, dollar down ahead of Fed news – 20 Aug
Today’s Market News China widely expected to keep lending benchmark LPRs unchanged in Aug: Reuters poll India might need more cautious monetary policy to stem food price rise spillover, cenbank says Trend-following hedge funds returning to Japanese equities, J.P.Morgan says Gold subdued after record run as traders await cues from Fed Key […]
US stock quick picks – Aug 19
Stock Market News Texas Instruments to receive up to $1.6 bln under CHIPS and Science Act – Reuters Mpox vaccine maker Bavarian Nordic seeks ‘critical’ EU approval for teens after WHO declares health emergency – CNBC Consumer Sentiment Gets a Slight Bump, but Inflation Outlook’s Unchanged – PYMNTS EV maker Rivian halts production of Amazon delivery vans […]
Asia Morning: US soft landing hopes lift EM assets 19 Aug
Index Last Change % Change trading higher Dow Jones Industrial Average .DJI 40,659.76 +96.70 +0.24%Positive trading higher Nasdaq Composite Index .IXIC 17,631.72 +37.22 +0.21%Positive trading higher S&P 500 Index .SPX 5,554.25 +11.03 +0.20%Positive Index Last Change % Change unchanged Nikkei Index .N225 38,062.67 — — trading higher Hang Seng Index .HSI 17,430.16 +321.02 +1.88%Positive […]
US stock quick picks – Aug 16
Stock Market News Consumer spending jumped in July as retail sales were up 1%, much better than expected – CNBC Alibaba shares dip 3% after quarterly earnings miss expectations despite cloud acceleration – CNBC Ackman’s Pershing Square takes new stakes in Nike, Brookfield – Reuters Fed officials show more openness to September rate cut – Reuters Cisco shares […]
Asia Morning – Aug 16
Index Last Change % Change trading higher Dow Jones Industrial Average .DJI 40,563.06 +554.67 +1.39%Positive trading higher Nasdaq Composite Index .IXIC 17,594.50 +401.90 +2.34%Positive trading higher S&P 500 Index .SPX 5,543.22 +88.01 +1.61%Positive Index Last Change % Change unchanged Nikkei Index .N225 36,726.64 — — trading lower Hang Seng Index .HSI 17,109.14 -4.22 –0.02%Negative trading […]
US stock quick picks – Aug 15
Trends to Watch Beautiful: Warren Buffett’s Berkshire Hathaway Takes Ulta Beauty Stake, Sending Shares Up (Wall Street Journal) Ready for September: Stocks Rise as CPI ‘Checks The Box’ for Fed Cuts: Markets Wrap (Bloomberg) Winning Bet: DraftKings abandons plan for betting surcharge after FanDuel doesn’t follow suit (Axios) Bitcoin Support: Morgan Stanley discloses $188M in BlackRock Bitcoin ETF holdings (Cointelegraph) Leadership Change: Victoria’s […]
Stocks hold firm as US inflation data keeps rate cut hopes alive – Aug 15
Index Last Change % Change trading higher Dow Jones Industrial Average .DJI 40,008.39 +242.75 +0.61%Positive trading higher Nasdaq Composite Index .IXIC 17,192.60 +4.99 +0.03%Positive trading higher S&P 500 Index .SPX 5,455.21 +20.78 +0.38%Positive Source: LSEG, opens new tab – data delayed by at least 15 minutes See all Asia morning Summary Recent data raises speculation about […]
US stock quick picks & Crypto highlights – Aug 14
Top Movers: Under $10 iLearningEngines Inc. (AILE) is up 25.74% today to trade at the current level of $3.84. This comes after the company announced financial results for the second quarter ended June 30, 2024. Zapata Computing Holdings Inc. (ZPTA) zoomed 32.62% in today’s trade to $0.68 after announcing that it has entered a Cooperative Research […]
Nu Holdings Posts Record High – Aug 14
Trends to Watch Optimism: 3 reasons why Bitcoin traders expect $100K+ BTC price by 2025 (Cointelegraph) Turbulence: Elliott Prepares to Launch Proxy Fight at Southwest Airlines (Wall Street Journal) Winding Down: Paramount is shutting down its TV studio as part of a new wave of layoffs (The Verge) So Much Winning: Traders dump MAGA memecoins after Trump fails to talk crypto […]
