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Micron Technology (MU) Data Center Revenue Growth To Watch
Fed Chair - Jerome Fuels NVDA & Market surge ?
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Below are Today's Key Takeaways.
Top News Move the Market
U.S. stocks rallied on Wednesday after the Federal Reserve kept rates unchanged as widely expected, and the central bank and investors continue to gauge how President Donald Trump's tariff policies affect the economy and inflation.
Tesla - Tesla rose 4.7% to $235.86 after tumbling 5.3% on Tuesday and 4.8% on Monday. Analysts at Cantor Fitzgerald upgraded the stock to Overweight from Neutral and left their price target at $425. Coming into Wednesday, shares had declined 42% this year, in part because of weaker sales and heightened competition, worries that CEO Elon Muskโs political activities have been turning off buyers, and politically motivated protests at Tesla facilities.
Boeing - Boeing jumped 6.8% after Chief Financial Officer Brian West said at an investor conference that the airplane makerโs first quarter was tracking in line with expectations. West also said Boeing doesnโt see a material near-term impact from tariffs on the companyโs supply chain.
The Federal Reserve held interest rates steady Wednesday for the second meeting in a row and maintained a prior prediction for two rate cuts at some point this year.
What the central bank did change, however, was its outlook on inflation and economic growth amid uncertainties stemming from President Trump's plans for an aggressive slate of new tariffs on top of new duties already imposed on China, Canada, and Mexico.
Fed officials now see inflation staying higher this year than previously estimated and economic growth going lower than prior predictions.
Tiger Community TOP10 Tickers
โญFor The Daily Most Active Stocks in S&P 500 & The Top 10 Popular Stcocks on WallStreetBets please turn to @TigerObserver
All right, here is all the market information we would like to share with you๏ผ
What news/movements are worth noting in the market today? Any stocks to watch?
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