More signs inflation is slowing before pivot to cuts as upside risks emerge: Fed
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- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
Citi on Large-Caps: 'strong earnings suggest that the current run up is less of a bubble than is feared'
February 23, 2024 6:24 AM ESTCiti on Large-Caps: 'strong earnings suggest that the current run up is less of a bubble than is feared'
The analyst comments "Large cap stocks with strong rallies into earnings on average drift higher. We run a quick study on extraordinary performance around earnings, as we have seen from NVDA. We collect data on S&P constituents in the last 30 years, some 1120 tickers and analyze the times where the stock has rallied 35%... More
UBS says investor positioning could be China is 'the most extreme in recent memory'
February 22, 2024 8:53 AM ESTIn a note to clients Thursday, analysts at UBS investors questioned whether investor positioning on China is the most extreme in recent memory.
The bank said its tracking of the top 40 global funds (including both passive and active holdings) shows that their total equity holding in China is at the lowest... More
