Dow Jones Futures hit record close with big techs leading; some stocks show buy signals.
From Investor’s Business Daily: The stock market rally continued despite high CPI data, with big techs like Oracle and Nvidia
Category: Markets
ODDITY Tech Ltd. is launching a secondary public offering of Class A ordinary shares.
From GlobeNewswire: ODDITY Tech Ltd. has announced the commencement of an underwritten secondary public offering of 4,000,000 Class A ordinary
Oil prices stable as OPEC keeps demand forecast, but concerns arise over weakening demand in China
From Investing.com: Oil prices remained stable on Tuesday as OPEC maintained its forecast for demand growth this year and next.
Stock futures dropped then rebounded on inflation data, with traders still expecting June rate cut.
From Bloomberg: Stock futures reacted to inflation data by initially dropping, but then rebounded as it did not change expectations
Investors are focused on US inflation data, dollar gains against yen and pound
From Investing.com: – The dollar is trading cautiously ahead of US inflation numbers, recording gains against the yen and pound.
ADM employees received DOJ subpoenas in accounting probe, causing uncertainty in high-margin nutrition segment
From Yahoo Finance: Global grains merchant Archer-Daniels-Midland is under investigation by the Department of Justice for accounting practices. Some employees
DBA ETF hits all-time high as leading indicators hint at rise in inflation
From Investing.com: Major leading indicators like the dollar index and TIPS spreads are hinting at a potential rise in inflation.
Investors await key inflation data impacting markets, with mixed results in Asian and US stocks.
From Yahoo Finance: Global stock markets are on edge as investors await key inflation data that could impact the Federal
Upcoming CPI day could lead to four interest rate cuts in 2024, impacting mortgage rates
From Due: The upcoming CPI day is crucial as it could potentially lead to four interest rate cuts in 2024.
S&P/TSX Composite Index up 0.15%, second highest close this year.
From Morningstar: The S&P/TSX Composite Index increased by 31.69 points or 0.15% today, marking the second highest closing value this
Nvidia faces lawsuit for using copyrighted works in AI training, potential class action
From Investing.com: Nvidia faces lawsuit from three authors who claim their copyrighted books were used without permission to train NeMo
Strong US hiring numbers exceed expectations, but concerns of slowdown in labor market emerge.
From Investing.com: In February, US hiring rose to 275,000, exceeding expectations of 200,000, signaling a strong labor market. Despite this,
Nvidia stock weakens after key reversal, impacting broader market
From Yahoo Finance: Nvidia’s stock is weakening in pre-market trading following a sharp intraday reversal on Friday. Analysts predict Nvidia’s
IntelGenx Technologies Corp. secures US$2 million loan agreement with atai Life Sciences AG
From GlobeNewswire: IntelGenx Technologies Corp. announces a new loan agreement with atai Life Sciences AG, providing for two term loans
Investors are watching silver closely as it has the potential to outperform gold
From Investing.com: Investors are keeping an eye on key indicators like silver, oil, sugar, and the dollar for signs of
Australian stock market is sharply lower, with major miners and oil stocks declining.
From Nasdaq.: The Australian stock market is down sharply, with the S&P/ASX 200 falling below 7,700. Major miners like Rio
Investors cautious as US CPI data awaited, Asian stocks set to open quietly
From Yahoo Finance: Shares in Asia are set to open quietly as investors await US inflation data expected to show
The cockroach theory in investing warns of deeper issues within companies like Boeing.
From Barchart: The cockroach theory in investing draws parallels between spotting one cockroach and uncovering deeper problems within a company,
Gold prices are rising globally due to weakening dollar index, expected to have promising outlook in March.
From Hindustan Times: Gold prices hit a record high of ₹65,298 per 10 grams on the MCX, driven by expectations
Stock market rally retreats, tech sector impacted by Nvidia reversal, caution advised for new buys.
From Investor’s Business Daily: Dow Jones futures set to open Sunday evening, S&P 500 and Nasdaq futures along with it
Market rally paused with Nvidia's reversal hitting AI stocks, caution advised for potential pullback
From Investor’s Business Daily: Dow Jones Futures, S&P 500 Futures, and Nasdaq Futures will open Sunday evening after a stock
Nvidia surge leads to rise in AI crypto tokens, Fetch.ai seeing 400% increase
From Nasdaq: Nvidia (NASDAQ: NVDA) is becoming the key indicator for the future of AI crypto tokens, with a surge
Alaska Airlines cooperates with DOJ in Boeing 737 MAX blowout investigation
From Investing.com: Alaska Airlines is cooperating with a DOJ investigation into a Boeing 737 MAX blowout on a January flight.
Motley Fool recommends investing in smaller oil stocks Unit and Devon Energy over Occidental Petroleum.
From Yahoo Finance: In a recent video, Motley Fool contributors recommend considering smaller oil stocks like Unit (OTC: UNTC) and
ARTEX MTF had successful first trading session, opening at EUR 92.20 and closing at EUR 95.00
From GlobeNewswire: ARTEX MTF, the art shares trading exchange, had a successful first trading session. Shares opened at EUR 92.20