Fed decision, megacap earnings ahead this week – what’s moving markets Investing.com — Stock futures in New York tick higher to begin a new trading week, with markets preparing for a major Federal Reserve monetary policy announcement. More megacap corporate results are also due out in the coming days, including earnings from Amazon (NASDAQ:AMZN) and Apple […]
Tesla (NASDAQ:TSLA) has received tentative approval from Beijing to launch its driver assistance software in China, the Wall Street Journal reported on Monday. According to the report, this development occurred during a surprise visit by CEO Elon Musk to Tesla’s largest market outside the US. Chinese authorities have agreed to allow Tesla to introduce its […]
By Rae Wee, Vidya Ranganathan (Reuters) -The yen jumped suddenly against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities to try to underpin a currency languishing at levels last seen over three decades ago. The dollar fell sharply to a low of 154.40 yen from as high as 160.245 earlier in […]
Jefferies outlines base, bull and bear case scenarios for S&P 500 April has been a largely unfavorable month for US stocks, with the S&P 500 recently witnessing the sharpest pullback in roughly six months. In a new note to clients, Jefferies strategists shared their latest projections for the benchmark index and lifted their base case year-end price […]
Apple stock has been one of the rare underperformers among technology companies in 2024, as the sector continues to thrive amid the ongoing artificial intelligence (AI) boom. However, on Monday, a renowned Wall Street research firm hinted that Apple’s woes may be coming to an end, urging investors to “buy the fear” in Apple shares […]