Evercore ISI analysts started research coverage on Nvidia (NASDAQ: NASDAQ:NVDA) at Outperform and a price target of $1,160, saying they see the chipmaker as “an ecosystem play, not a semiconductor…
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Quarterly corporate earnings, Chinese growth, UK wages – what’s moving markets
Investing.com — The quarterly corporate earnings season continues Tuesday, with Bank of America and Morgan Stanley the latest of the country’s major banks to report. Elsewhere, China’s growth exceeded expectations,…
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Investing.com– Gold prices rose in Asian trade, sitting close to record highs as safe haven demand remained underpinned by concerns over worsening geopolitical tensions between Iran and Israel. But a…
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Investing.com– Asian stocks fell sharply on Tuesday, tracking an overnight rout on Wall Street amid persistent concerns over geopolitical tensions in the Middle East and higher-for-longer U.S. interest rates. But…
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Investing.com– The Chinese economy grew more than expected in the first quarter of 2024, as sustained government stimulus measures helped spur some improvement in business activity, while national holidays helped…
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Morgan Stanley gives up June rate cut bet as stronger inflation muddies outlook
Investing.com — Morgan Stanley ditched its call for a June interest rate cut and now sees the Federal Reserve hiking three times year following recent stronger inflation and growth data that…
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Tesla stock slides 5% as two key executives leave the company amid new layoffs
(Updated – April 15, 2024 4:17 PM EDT) Shares of Tesla (NASDAQ:TSLA) fell more than 5% after two of the electric vehicle (EV) giant’s top executives left the company following…
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Stock Market today: Dow slides on geopolitical tensions, spike in Treasury yields
Investing.com — The Dow slumped Monday, pressured by a spike in Treasury yields as geopolitical tensions and stronger-than-expected retail sales data dented expectations for interest rate cuts and overshadowed strong earnings…
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Bitcoin price today: retreats below $64k after Iran attack spurs market panic
Investing.com– Bitcoin price continued to face downward pressure on Monday stemming from a panicky market sell-off following an Iranian strike against Israel, which also pushed the dollar up to five-month…
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GLP-1 receptor agonists are changing the way chronic conditions like type 2 diabetes are managed, but they have also been approved in the United States to treat obesity, resulting in…