Global S&P Futures mixed in premarket
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- S&P Dow Jones Indices adds Bloom Energy to S&P 500 index
- Citi highlights best Gen AI stocks to own for 2027
- Dell’s earning report was bullish for Intel CPU demand, analyst says
- Netflix raises prices in Germany and Austria, Citi comments
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Citi: Nasdaq favored while EU banks shunned
June 11, 2024 6:17 AM EDTAnalysts at Citi said in a note that amidst the market uncertainty, the Nasdaq is favored.
The investment bank explained in its equity markets positioning model note this week that investor positioning in US equities stabilized after a pick-up in long flows over the past week.
Meanwhile, Nasdaq's... More
UBS explains how to invest in tech stocks
June 10, 2024 5:00 PM EDTIn a note Monday, UBS analysts said they see big opportunities in tech, particularly in those leveraging artificial intelligence (AI).
Their note, "How should I invest in tech?" emphasizes AI as a key driver, stating, "We think the adoption of AI will unlock value across a number of sectors."
For investors, UBS highlights information technology stocks as their "most preferred"... More
BofA: Bank stocks should remain well bid into US elections
June 10, 2024 5:40 AM EDTBank of America (BofA) analysts see positive signs for bank stocks heading into the US elections.
The note highlights how elections can significantly impact stock performance, noting the performance of Mexican and Indian equities in response to election surprises last week.
BofA believes the upcoming US... More
