Brazil’s Ibovespa rally above 181,000 as rate cut bets lift markets

Brazil’s benchmark Ibovespa index rose nearly 1% on Tuesday, crossing the 181,000 level as investors positioned ahead of the central bank’s Selic rate decision. Market pricing reflects expectations of a rate cut of between 0.25 and 0.50 percentage points, which would mark the beginning of a broader easing cycle. The prospect of lower interest rates… Continue reading Brazil’s Ibovespa rally above 181,000 as rate cut bets lift markets

Eli Lilly falls after a 6 month rally; is this a buy the dip opportunity?

Shares of Eli Lilly came under pressure on Tuesday after HSBC downgraded the stock, raising fresh questions about whether the pharmaceutical giant’s strong run in the obesity drug market can continue or if investors should reassess valuations. The stock slipped 4.2% following the downgrade, even as it remains one of the best-performing large-cap healthcare names… Continue reading Eli Lilly falls after a 6 month rally; is this a buy the dip opportunity?

Tesla stock below $400, but analysts see upside ahead

Shares of Tesla moved higher early Tuesday as US equities extended gains from the previous session, supported by ongoing developments in the Iran conflict. The S&P 500 rose about 0.6%, while the Nasdaq Composite gained nearly 0.7%. The Dow Jones Industrial Average added around 250 points, or 0.5%. At the time of writing, the Tesla… Continue reading Tesla stock below $400, but analysts see upside ahead

Why Oklo stock gained before its quarterly earnings announcement?

Shares of Oklo Inc. rose on Tuesday after the nuclear start-up secured its first license from the US Nuclear Regulatory Commission (NRC), marking a key step toward commercial activity as investors await progress on its core reactor business. The stock surged 10.5% to $65.97 although it pared some gains and was trading at $61.5 at… Continue reading Why Oklo stock gained before its quarterly earnings announcement?

PDD Holdings stock becomes a bargain before earnings: buy or sell?

PDD Holdings stock price remains under pressure this week as traders focus on the upcoming financial results. Its ADR was trading at $103 on Monday, down by 37% from its highest level in May. So, will the stock rebound now that it has become a bargain? PDD Holdings has become a bargain ahead of earnings … Continue reading PDD Holdings stock becomes a bargain before earnings: buy or sell?

Dow jumps 398 points as oil tops $100, Fed decision in focus

US stocks edged higher on Tuesday as investors looked to extend the previous session’s gains, while closely monitoring developments in the escalating Iran conflict and its impact on global energy markets. The S&P 500 and Nasdaq 100 gained 0.6%. Dow Jones Industrial Average advanced 398 points, or 0.85%. The cautious optimism follows a strong rebound… Continue reading Dow jumps 398 points as oil tops $100, Fed decision in focus

Airline stocks rise as Delta, JetBlue signal strong demand despite oil spike

Airline stocks climbed on Tuesday after major US carriers signalled that robust travel demand is helping cushion the impact of soaring fuel costs triggered by the escalating Middle East conflict, offering relief to a sector battered in recent weeks. Delta said the conflict in the Middle East has not dented travel demand so far, with… Continue reading Airline stocks rise as Delta, JetBlue signal strong demand despite oil spike

Why Daniel Ives is getting more bullish on Nvidia after GTC?

Nvidia (NASDAQ: NVDA) moved higher in the pre-market trading on Tuesday after CEO Jensen Huang used the company’s GTC keynote to deliver a bigger-than-expected view of the AI infrastructure market. Jensen’s remarks were echoed by the prominent analysts, with Wedbush’s Daniel Ives emphasizing that Nvidia remains at the center of what he sees as a… Continue reading Why Daniel Ives is getting more bullish on Nvidia after GTC?