U.S. stocks have increased with the increase in Apple’s income and inflation index
After Apple's steady income report and the Fed's inflation index consistent with market expectations, US stocks held a dragon on Friday. As the deadline settled by the former President Donald Trump is about to come, investors are still in a marginal state. Read more. Also read: In the case of AI investment, Apple exceeds technology peers Focusing on technology, Nasdaq Composite Materials (^I Tocie) rose 0.9 %, which was performed well in the technical field. The S & P 500 Index (^GSPC) increased by about 0.5 %, while Dow Jones Industrial average (^DJI) rose 0.3 %, all of which continued the upward trend of Thursday's movement. According to data from the INDEXBOX platform, although the volatility in the market continues, these income reflects positive investor emotions. Apple shares have soared in the market after the announcement of the first quarter of the estimate. Despite the sluggish sales of iPhone and China, the market has responded optimistic about promising revenue forecasts.…
Artificial Intelligence investing trend pushes tech stocks to new heights
Rising enthusiasm for artificial intelligence has pushed leading technology stocks known as the "Big Seven" to impressive new highs this year, with Nvidia shares soaring more than 175%. For more insights, see the original article from Yahoo Finance. Also read: Logistics technology trends to watch in 2025 According to reports, industry giants such as Microsoft, Alphabet and Meta are preparing to significantly increase capital expenditures, which are expected to total US$244 billion by 2024. Data from the IndexBox platform reflects this, showing a significant increase in spending within the technology sector. In the near future, the scope of AI investments will expand beyond tech giants to include industries such as utilities and software, as these industries stand to benefit from the AI revolution driven by big tech companies. Goldman Sachs expects the S&P 500 to rise to 6,500 points by the end of 2025, driven by artificial intelligence-driven earnings growth. The shift highlights a critical shift from "Phase 1" AI…
Inflation data and interest rates impact U.S. stocks lower
U.S. stocks fell on Thursday after new inflation data was released, clouding investor confidence in upcoming interest rate changes. According to Yahoo Finance, the Dow Jones Industrial Average (^DJI) was essentially unchanged, the S&P 500 (^GSPC) fell about 0.2%, and the Nasdaq Composite (^IXIC) fell 0.5%. Also read: US expects shipping container imports to fall to $999 million in 2023 The inflation data continued the earlier narrative that the consumer price index was stimulating the market, briefly pushing the Nasdaq above the 20,000-point mark. The key data cleared the way for expectations of a rate cut by the Federal Reserve in December, a move that market observers all but confirmed. However, the producer price index exceeded expectations in November, rising 0.4%, higher than the 0.2% expected, fueling speculation about the Fed's next move in January. As the financial world digested these insights, the Swiss National Bank unexpectedly cut interest rates by 0.5%, the largest rate cut in nearly a decade,…