S&P 500 ends lower as traders eye potential pause in rate hikes:
reuters.com/markets/us/futures-subdued-investors-weigh-chances-rate-pause-2023-06-05/
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| Last Updated | Jun 06 23 |
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S&P 500 ends lower as traders eye potential pause in rate hikes: The S&P 500 ended lower on Monday as investors weighed whether the U.S. Federal Reserve might ...
reuters.com/markets/us/futures-subdued-investors-weigh-chances-rate-pause-2023-06-05/
Stocks on Wall Street ended lower as investors eyed a potential pause in rate hikes by the US Federal Reserve, while Apple shares briefly hit a record high ... Show more trib.al/tq4vWkB
US stocks ended lower as traders eye a potential pause in rate hikes, while Apple shares briefly hit a record high before losing ground trib.al/tq4vWkB $AAPL
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S&P 500 ends lower as traders eye potential pause in rate hikes: The S&P 500 ended lower on Monday as investors weighed whether the U.S. Federal Reserve might ...
reuters.com/markets/us/futures-subdued-investors-weigh-chances-rate-pause-2023-06-05/
ECB Can Be Out of Sync With Fed for Some Quarters, Noyer Says: The European Central Bank doesn’t have to wait for the Federal Reserve before cutting interest ...
bloomberg.com/news/articles/2024-04-26/ecb-can-be-out-of-sync-with-fed-for-some-quarters-noyer-says
US Bitcoin (BTC) ETFs Suffer One of Worst Outflows as Token Wavers: Investors pulled a net $218 million from US Bitcoin exchange-traded funds ...
bloomberg.com/news/articles/2024-04-26/us-bitcoin-btc-etfs-suffer-one-of-worst-outflows-as-token-wavers
Meet Thermonator, a Flame-Throwing Robodog That Can Light Fires, Melt Snow: You, or the US military, can now buy a 'wolfpack' of Thermonators that blast 30-foot ...
pcmag.com/news/meet-thermonator-a-flame-throwing-robodog-that-can-light-fires-melt-snow
Quick Glance: Thermonator: Robodog with Flamethrower
- Throwflame is selling the Thermonator, a robodog with a flamethrower for $9,420.
- The Thermonator can be remote-controlled, weighs about 37 pounds, and features environment sensing technology.
- The product can be used for controlled burns in agriculture, snow melting, or entertainment purposes.
- The robodog's flamethrower has a range of 30 feet but can be limited to 10 feet in certain states.
US Economic Growth Isn't Helping Biden Reelection Campaign Due to Inflation: The latest good news and bad news about the US economy is just plain bad news ...
bloomberg.com/news/articles/2024-04-26/growth-plus-inflation-economy-is-a-lose-lose-for-biden
US Treasury Yields Rise as Price Pressures Cast Doubt on Fed Rate-Cut Path: Treasury yields rose to 2024 highs as evidence of sticky US price pressures casts ...
bloomberg.com/news/articles/2024-04-25/treasuries-hold-losses-after-seven-year-sale-meets-expectations
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
Stock Market Today: Dow, S&P Live Updates for April 24: A $250 billion exchange-traded fund tracking the Nasdaq 100 got hit in late hours after Meta Platforms ...
bloomberg.com/news/articles/2024-04-23/stock-market-today-dow-s-p-live-updates
US Treasuries Slide After GDP Data as Inflation Pressures Temper Fed Rate Cuts: Treasuries slid as signs of sticky price pressures in a reading of first-quarter ...
bloomberg.com/news/articles/2024-04-25/treasuries-drop-as-first-quarter-price-pressures-temper-fed-cuts
9 Stocks That Thrive When Interest Rates Are Higher: The prospect of elevated interest rates for longer has dented the broader stock market—but history shows ...
barrons.com/articles/stock-market-interest-rates-fed-0c59d125
Apple is launching new iPads May 7: Here's what to expect from the 'Let Loose' event
engt.co/4dpuc1A
Apple Drops to Fourth Place Smartphone Seller in China: International Data Corp. said Lunar New Year stimulated shopping sentiment, and in high-end devices ...
on.barrons.com/4aVzvUH
Cathie Wood’s Fintech ETF Bleeds Assets After 93% Return Last Year: Cathie Wood’s retail army has gone AWOL all year – even in her best-performing ...
bloomberg.com/news/articles/2024-04-25/cathie-wood-s-fintech-etf-bleeds-assets-after-93-return-last-year
Fed to Make One Interest-Rate Cut Before US Election, Howard Lutnick Says: Cantor Fitzgerald Chief Executive Officer Howard Lutnick expects the Federal Reserve ...
bloomberg.com/news/articles/2024-04-25/lutnick-sees-fed-making-one-rate-cut-near-presidential-election
FDIC Officials Seek More Power Over ‘Passive’ Bank Investments: The Federal Deposit Insurance Corp. is weighing new hurdles for investment companies that want to ...
bloomberg.com/news/articles/2024-04-25/fdic-officials-seek-more-power-over-passive-bank-investments
Average US 30-Year Mortgage Rate Rises to 7.17%, Up From 7.1% Last Week: Mortgage rates in the US increased for a fourth straight week.
bloomberg.com/news/articles/2024-04-25/mortgage-rates-in-the-us-climb-for-a-fourth-week-to-reach-7-17
Global economy set to stay on a roll for the rest of the year: Reuters poll: The global economy is likely to carry its solid momentum for the rest of the year ...
reuters.com/business/global-economy-set-stay-roll-rest-year-2024-04-26/
Weak GDP, strong prices, highlight Fed dilemma: U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run ...
reuters.com/markets/us/weak-gdp-strong-prices-highlight-fed-dilemma-2024-04-25/
Quick Glance: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
Inflation Focus: The Bloomberg Open, Americas Edition: Good morning. Markets brace for more insight on inflation. Jeff Bezos’s missing messages land him in hot ...
bloomberg.com/news/newsletters/2024-04-26/inflation-focus-the-bloomberg-open-americas-edition
The Dream of Fed Rate Cuts Is Slipping Away: Investors are backing away from expectations that the central bank can reduce rates in coming months ...
wsj.com/economy/central-banking/the-dream-of-fed-rate-cuts-is-slipping-away-55903ca5
Real Estate (HOUS, OPEN, RDFN) Stocks Sink on Rate Outlook, Earnings: Real estate brokerage stocks tumbled Thursday on waning expectations for Federal Reserve ...
bloomberg.com/news/articles/2024-04-25/real-estate-stocks-sink-on-rate-outlook-disappointing-earnings
Mineral resources from a war zone: Democratic Republic of Congo accuses Apple of using “blood raw materials”
spiegel.de/wirtschaft/demokratische-republik-kongo-apple-baut-iphone-und-macbook-mit-blut-rohstoffen-a-e200b1cf-e67c-4444-9db0-902200f81267
DR Congo presses Apple over minerals supply chain, lawyers say: Democratic Republic of Congo is pushing Apple Inc for more information about its supply chain ...
reuters.com/markets/commodities/dr-congo-presses-apple-over-minerals-supply-chain-lawyers-say-2024-04-25/
Latest Oil Prices, Market News and Analysis for April 26: Oil headed for a narrow weekly gain ahead of US inflation data that will give further clues on the path ...
bloomberg.com/news/articles/2024-04-25/latest-oil-market-news-and-analysis-for-april-26
iPhone Activation Percentage Drops To Lowest In Years, New Report Suggests That Buyers Are Waiting Longe…
wccftech.com/iphone-activation-percentage-lowest-in-years/
Steve Jobs' selection of applicants: What was an absolute no-go for him: There are numerous anecdotes about Steve Jobs. He circulated one of them himself: ...
t3n.de/news/steve-jobs-recruiting-bewerberauswahl-apple-1581699/
Tata Asset's Contrarian Indian Fund Manager Has a Warning for Bond Chasers: An Indian fund manager who went contrarian and sharply reduced the average ...
bloomberg.com/news/articles/2024-04-26/contrarian-indian-fund-manager-has-a-warning-for-bond-chasers
Fed rates outlook: June cut on deck as job market weakens: Hiring activity could see a substantial slowdown later in the year, Citi economist Veronica Clark said ...
businessinsider.com/fed-rate-cuts-outlook-june-job-market-unemployment-economy-recession-2024-4
Safari Technology Preview: Apple releases version 193: For a few years now, macOS users willing to test it have had the opportunity to use a .. ...
stadt-bremerhaven.de/safari-technology-preview-apple-veroeffentlicht-version-193/
A brand-new Apple product is facing a grim future amid low sales
star-telegram.com/news/business/article287956340.html
Stock Market Today: Dow, S&P Live Updates for April 26: Stellar earnings reports from Microsoft Corp. and Alphabet Inc triggered an after-hours tech rally that ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
Spotify tests Apple's resolve with new pricing update in the EU: Spotify submitted a new update for Apple's approval that would display pricing right in the app.
engt.co/4deXeRq
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
Qualcomm preps lower-end Snapdragon X Plus chips to compete with Intel and Apple: Same NPU, same architecture as X Elite, but fewer cores and lower clock speeds.
arstechnica.com/gadgets/2024/04/qualcomm-preps-lower-end-snapdragon-x-plus-chips-to-compete-with-intel-and-apple/
Trump Allies Draw Up Plans to Blunt Fed’s Independence: Some former Trump administration officials argue that the president could help set interest rates and ...
on.wsj.com/3WdJfFi
Huawei retakes crown in China handset market as Apple sinks to fifth: TAIPEI/TOKYO -- Huawei has returned to the top of China's smartphone market after ...
asia.nikkei.com/Business/China-tech/Huawei-retakes-crown-in-China-handset-market-as-Apple-sinks-to-fifth2
Apple loses top spot in China market with shipments down 6.6% in Q1, data shows: Apple lost its crown as China's biggest smartphone seller in the first quarter ...
reuters.com/technology/apple-loses-top-spot-china-market-with-shipments-down-66-q1-data-shows-2024-04-25/
Apple releases eight open source LLMs: Apple has released eight models in its OpenELM (Open-source Efficient Language Models) family ...
stadt-bremerhaven.de/apple-veroeffentlicht-acht-open-source-llms/
The Stock Market Is Flirting With Trouble. Watch These Key Price Levels.: The sell-off puts the S&P 500 just above a key support level and could spell trouble ...
barrons.com/articles/s-p-500-technical-support-correction-90845a21
TSMC Showcases Advanced 1.6nm Process for 2026 Chips, With up to 10 Percent Gain in Performance and 20 P…
wccftech.com/tsmc-a16-or-1-6nm-chips-detailed/
JPY/USD: Why the Yen Is So Weak and What That Means for Japan: The yen continues to languish near a 34-year low against the dollar, mainly because interest rates ...
bloomberg.com/news/articles/2024-03-21/why-the-yen-is-so-weak-and-what-that-means-for-japan-quicktake
European Parliament votes to screw repair rights in consumer toolkits: Directive places requirements on gizmo vendors, but still needs formal approval
theregister.com/2024/04/24/europe_repair_rights_directive/
US Stock Market Uncertainty Has Traders Buying Put Options to Hedge Portfolios: Stock market investors who have been reluctant to hedge their portfolios in the ...
bloomberg.com/news/articles/2024-04-24/reluctant-traders-protect-themselves-from-further-market-mayhem
HONOR and HUAWEI dominate Chinese smartphone market, Apple lags behind — IDC: HONOR and HUAWEI were almost a tie in IDC's list of top smartphone brands in ...
noypigeeks.com/smartphones/honor-huawei-dominate-chinese-market-apple-behind/
Teledyne Stock Is S&P 500’s Worst Performer After Weak Earnings, Grim Guidance: The electronic instrument maker Teledyne fell short of expectations on quarterly ...
barrons.com/articles/teledyne-stock-earnings-worst-s-p-500-a2ee34f0
JPMorgan (JPM) Trading Desk Model Flashes ‘Buy’ Signal for US Stocks: A JPMorgan Chase & Co. indicator is flashing a resounding buy signal in US stocks ...
bloomberg.com/news/articles/2024-04-24/jpmorgan-s-trading-desk-says-s-p-500-is-ripe-for-further-gains
US Oil Refiners’ Profits Seen Taking Hit on Gloomy Outlook (MPC, PSX, VLO): US oil refiners that have been among this year’s strongest S&P 500 performers are ...
bloomberg.com/news/articles/2024-04-24/oil-refining-profits-seen-at-two-year-lows-on-gloomy-outlook
Wall St loses over 1% amid fading rate-cut hopes: Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S ...
reuters.com/markets/us/futures-falter-meta-platforms-weighs-megacaps-2024-04-25/
Inflation Past Keeps Markets Guessing on What's Next: Traders were spooked as first-quarter core inflation came in worse than expected ...
bloomberg.com/opinion/articles/2024-04-25/inflation-past-keeps-markets-guessing-on-what-s-next
US Chamber of Commerce to sue FTC for banning noncompetes in most jobs: Senior execs making $150K+ will still have to abide by them, but they fall away for ...
theregister.com/2024/04/24/noncompetes_ban_ftc/
Homeowners Get Good News Over Mortgage Rates: Mortgage rates are likely to come down to 6 percent by next year, Moody's Ratings experts predict.
newsweek.com/homeowners-good-news-mortgage-rates-1893775
Best free password managers 2024: Online security doesn’t have to cost a thing: Identity theft and fraudulent charges are just part of the headache that can ...
pcworld.com/article/394076/best-free-password-managers.html
S&P 500 may crash 44%, selling early could pay off, says Paul Dietrich: It paid off nicely to dump stocks nearly a year before the dot-com and housing bubbles ...
businessinsider.com/stock-market-outlook-dietrich-bubble-crash-recession-dot-com-housing-2024-4
David Einhorn’s Greenlight Underperformed Stock Market Last Quarter: David Einhorn’s Greenlight Capital underperformed the “fundamentally broken” stock market at ...
bloomberg.com/news/articles/2024-04-24/einhorn-s-greenlight-underperformed-broken-stock-market-last-quarter
Confounding US economic, inflation data cloud Fed's rate path: The Federal Reserve's latest financial stability report was good news for anyone worried that a ...
reuters.com/markets/us/confounding-us-economic-inflation-data-muddy-feds-rate-path-2024-04-25/
Skype insider build 8.118 brings updates for everyone: Android, Windows, and Apple users
mspoweruser.com/skype-insider-build-8-118-brings-updates-for-everyone-android-windows-and-apple-users/
Building interest rates are rising again: How expensive will it be to build a house?
faz.net/aktuell/finanzen/bauzinsen-steigen-wieder-wie-teuer-wird-der-hausbau-19677969.html
Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
The TikTok ban: what might happen and who might buy it: The case for Amazon, Google, Apple, and others to buy TikTok, plus Tesla earnings, iPad events ...
theverge.com/2024/4/25/24139724/tiktok-ban-sale-law-rabbit-r1-tesla-ipad-vergecast-podcast
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
- ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.
- TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.
- ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.
- After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
$433 Billion Gone! One Stock Loses More Value Than Tesla: Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the ...
investors.com/etfs-and-funds/sectors/sp500-billion-gone-one-stock-lost-more-value-than-tesla/
US Durable Goods Orders Rose in March 2024: Orders placed with US factories for business equipment rose modestly in March, indicating firms are cautious about ...
bloomberg.com/news/articles/2024-04-24/us-orders-for-business-equipment-tick-up-after-downward-revision
Focus on Microsoft Stock: Most Valuable Company in the World Reports This Important News
boerse-online.de/nachrichten/aktien/fokus-auf-microsoft-aktie-wertvollstes-unternehmen-der-welt-meldet-diese-wichtigen-nachrichten-20356218.html
Microsoft Smashes Earnings Expectations—Stock Up 5%: The world’s largest company continues to impress Wall Street.
forbes.com/sites/dereksaul/2024/04/25/microsoft-smashes-earnings-expectations-stock-up-5/
Stock market outlook: Rare buy signal says S&P 500 to jump 3% in 20 days: The most recent buy signal was flashed after positioning data showed a sharp decline ...
markets.businessinsider.com/news/stocks/stock-market-outlook-rare-buy-signal-flashed-sp500-upside-gains-2024-4
Today in Apple history: Pixar gets out of the computer game: On April 25, 1990, Steve Jobs shut down Pixar's hardware division. This ended production of the ...
cultofmac.com/477983/today-apple-history-pixar-stops-selling-pixar-image-computer/
JPY/USD: Why the Yen Is So Weak and What That Means for Japan: The yen continues to languish near a 34-year low against the dollar, mainly because interest rates ...
bloomberg.com/news/articles/2024-03-21/why-the-yen-is-so-weak-and-what-that-means-for-japan-quicktake
Wacom says its first OLED drawing tablet is cool and skinny: Wacom has introduced the Wacom Movink 13, its own OLED-based offering that targets creatives in need ...
theverge.com/2024/4/25/24140168/wacom-movink-13-oled-drawing-tablet-price-announcement
Indonesia Rates: Risky Bid for Monetary Leadership Against the Dollar: A shock rate hike is all about the local currency, not the economy. Other Asian countries ...
bloomberg.com/opinion/articles/2024-04-25/indonesia-rates-risky-bid-for-monetary-leadership-against-the-dollar
Exclusive deal: Get 60% off MagSafe Power Bank and charging stand: SwitchEasy's Portal power bank pops right out of the sleek stand for mobile use with iPhone ...
cultofmac.com/812490/magsafe-power-bank-also-serves-as-sleek-iphone-stand/
Qualcomm claims its Snapdragon X Plus is an M3 beater, but is it really?: A possible challenge to both Apple and Intel
techradar.com/computing/cpu/qualcomm-claims-its-snapdragon-x-plus-is-an-m3-beater-but-it-is-really
US GDP: Strong Economy Doesn’t Make the Fed’s Job Harder: The past year has shown that it is possible to have a rapid decrease in inflation along with low ...
bloomberg.com/opinion/articles/2024-04-25/us-gdp-strong-economy-doesn-t-make-the-fed-s-job-harder
Fed ‘Pivot Party Is Over,’ So Now Let the Earnings Party Begin: When it comes to the Fed, Pimco’s Wilding says, ‘they don’t really need to be cutting’
bloomberg.com/news/newsletters/2024-04-24/fed-pivot-party-is-over-so-now-let-the-earnings-party-begin
iPad users had to wait 14 years for this simple app: Users had to wait over 14 years for Apple to bring the calculator app to the iPad. With iPad
t3n.de/news/simple-app-ipad-14-jahre-1621149/
What a TikTok Ban in the U.S. Could Mean for You: So what does the ban on Tiktok that passed Congress mean for you, a TikTok user, or the parent of a TikTok ...
time.com/6970385/what-us-tiktok-ban-means-for-you/
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Gold little changed as spotlight shifts to US data: Gold prices steadied on Wednesday as risk premiums over tensions in the Middle East eased ...
reuters.com/markets/commodities/gold-prices-rangebound-traders-focus-us-economic-data-2024-04-24/
Gold Continues to Boom. The Major Buyer: Central Bankers: Central banks have long been supporting players in the demand for gold. But the sanction on dollar ...
barrons.com/articles/gold-central-banks-china-treasuries-federal-reserve-emerging-markets-948ed914
Meta shares sink 11% on weak revenue guidance: Meta reported earnings after the bell. Here are the results.
cnbc.com/2024/04/24/meta-meta-q1-2024-earnings-.html
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Google Should Push RCS Texting Further Than Just the iPhone: Commentary: For RCS to truly replace SMS and MMS, it needs to be everywhere -- not just on ...
cnet.com/tech/mobile/google-should-push-rcs-texting-further-than-just-the-iphone/
US banning TikTok? Your key questions answered: No, TikTok will not suddenly disappear from your phone. Nor will you go to jail if you continue using it after it ...
mercurynews.com/2024/04/24/us-banning-tiktok-your-key-questions-answered/
GC Daily: Apple saw 19% decline in China, US nervous about China’s interest in RISC-V Chips
gizmochina.com/2024/04/25/gc-daily-apple-saw-19-decline-in-china-us-nervous-about-chinas-interest-in-risc-v-chips/
Tesla stock drives the S&P 500 and the Nasdaq higher — with Meta earnings up next
qz.com/tesla-stock-market-meta-1851432029
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