Stocks as dip buyers helped tech cut some losses and better-than-expected quarterly results from retailers, Macy’s and Lowe’s pushed consumer discretionary stocks higher.
Stocks eased back from the AI fueled rally as investors mulled ongoing quarterly earnings from corporate America and awaited further catalysts including the release of key inflation data later this week.
Take Profit Telix Pharma (TLX) in our balanced portfolio, we will take half our allocation for a 15.8% profit as we see the overall market underperforming in the next couple of weeks.
Sell Take Profit – EBOS Group (EBO). EBO has remained range bound even after their earnings report. Looking to take profit on position if it gets to the top of the recent range around $35
While there has been volatility today with the release of IPD Group (IPG) earnings, the company has beaten on most analysts expectations. IPG should rally to new highs in the near future. Take profit on IPG above $5.50
Stocks eked out another closing record high on Friday, with all three Wall Street benchmarks scoring weekly gains, as artificial intelligence stocks had enough steam to keep the rally chugging along.
Welcome to our weekly roundup of financial market updates. We delve into company earnings, investment insights, and market trends, providing valuable insights into the ever-changing landscape of finance.
Anticipating next week’s AU company earnings updates & economic figures. Stay informed on the latest financial updates and trends.
Stocks climbed to record highs after Nvidia’s blowout earning reinforced investor optimism in artificial-intelligence boom, ushering in a sea of green across tech stocks.
Stocks struggled overnight as sentiment was further soured following the release of the minutes of the Federal Reserve’s January meeting showing members were concerned about cutting interest rates too soon.
Stocks fell Tuesday, as investors paused bullish bets on tech stocks ahead of quarterly results from the Nvidia and the minutes from the Federal Reserve’s January meeting due later this week.
Stocks ended their 6-week winning streak as data this week showing inflation remains rein in investor bets on sooner rather later rate cuts.
