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Mukund
06-24
That's awesome to be able to trade 24/5
Pre-Bell｜U.S. Futures Mixed; Nvidia Slips 2%; DJT Gains 7%; Crypto Stocks Underperform
Mukund
05-01
Microsoft definitely stands out !!
Mukund
2023-10-18
$NVIDIA Corp(NVDA)$
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Nvidia Slips 2%; DJT Gains 7%; Crypto Stocks Underperform","url":"https://stock-news.laohu8.com/highlight/detail?id=1139730103","media":"Tiger Newspress","summary":"U.S. index futures were mixed at the start of a week marked with a crucial inflation print and other economic data that are poised to shed further light on the monetary policy outlook, with the first ","content":"<html><head></head><body><p>U.S. index futures were mixed at the start of a week marked with a crucial inflation print and other economic data that are poised to shed further light on the monetary policy outlook, with the first U.S. presidential debate also on the watch list.</p><p>The biggest event on investors' radar for the week is Friday's personal consumption expenditures (PCE) price index report- the Federal Reserve's preferred measure of inflation, expected to show moderation in price pressures.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 8:13 a.m. ET, Dow e-minis were up 89 points, or 0.22%, S&P 500 e-minis were up 1.25 points, or 0.02%, and Nasdaq 100 e-minis were down 32.75 points, or 0.16%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4871ec36cc3ee6888419b14e8dc86357\" title=\"\" tg-width=\"373\" tg-height=\"206\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></strong> - Nvidia shares were down 2.1% in premarket trading. The stock closed down 3.2% on Friday. Having briefly become the world’s most valuable company last week, Nvidia has now dropped back behind Microsoft and Apple in market value. CEO Huang disclosed that he sold 720,000 Nvidia shares from June 13 through 21 for a total of $94.6 million, an average price of $131.44 each. </p><p><strong><a href=\"https://laohu8.com/S/AAPL\">Apple</a></strong>, <strong><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></strong> - Shares of Apple rose slightly in premarket trading. The tech giant has been charged by the European Union for failing to comply with a new digital-competition law. The EU alleged that the company’s App Store rules are in breach of the Digital Markets Act “as they prevent app developers from freely steering consumers to alternative channels for offers and content.”</p><p style=\"text-align: start;\">Meanwhile, The Wall Street Journal reported that Apple has held discussions with Meta Platforms, the parent company of Facebook and Instagram, about potentially integrating Meta’s generative AI model into Apple Intelligence, the company’s AI strategy for iPhones, iPads, and Macs. Meta shares were rising 0.6%.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/DJT\">Trump Media & Technology</a></strong> - Trump Media & Technology Group rose 7% in premarket trading. The parent company of former President Donald Trump’s Truth Social platform said Friday it expects proceeds of more than $69.4 million from the exercise of warrants last Thursday and Friday. The Securities and Exchange Commission last week signed off on the company’s registration statement and on the resale of shares and warrants. Trump Media has said it could potentially being in proceeds of $247 million if all warrants are exercised.</p><p>Joe Biden and Donald Trump square off for a historic US presidential debate this week ( June 27), with the stage set for what could be a pivotal moment in the 2024 race as millions of potential voters tune in.</p><p><strong><a href=\"https://laohu8.com/S/AFRM\">Affirm</a></strong> - Goldman Sachs assumed coverage of Affirm with a Buy rating and $42 price target. Affirm shares gained 3.1% in premarket trading Monday.</p><p><strong><a href=\"https://laohu8.com/S/MU\">Micron Technology</a></strong> - Micron keeps bullish ratings, sees price target raised at Citi, Wolfe ahead of earnings. The shares gained 3% in premarket trading Monday.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/UPS\">UPS</a></strong>, <strong><a href=\"https://laohu8.com/S/RXO\">RXO</a></strong> - UPS said it reached an agreement to sell its Coyote Logistics business to third-party logistics provider RXO for $1.025 billion. UPS bought the Coyote business in 2015 for $1.8 billion. UPS shares were up 0.2% in premarket trading. RXO shares jumped 15%.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/LLY\">Eli Lilly</a></strong> - Eli Lilly gained 1% after the company said Friday it was seeking Food and Drug Administration approval to expand the uses for weight-loss drug Zepbound to include sleep apnea.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/RMD\">ResMed</a></strong> - ResMed, meanwhile, was falling 12% to $180.98 after Lilly said Zepbound reduced the severity of sleep apnea. RedMed makes diseases that treat sleep apnea and COPD.</p><p><strong><a href=\"https://laohu8.com/S/CLOV\">Clover Health</a></strong> - Health insurer Clover Health jumped another 9% in the premarket Monday after its former CEO and co-founder Vivek Garipalli disclosed the purchase of more than $1M worth of company shares. The shares jumped over 21% on Friday.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/UAA\">Under Armour</a></strong> - Under Armour declined 1% after it announced Friday that it would pay $434 million to settle a class-action lawsuit filed in 2017 that claimed the sportswear company defrauded shareholders by misleading them about revenue growth. “The company has consistently denied the accusations and entered into this agreement in principle, which is not an admission or finding of fault or wrongdoing, given the costs and risks inherent in litigation,” Under Armour said in a statement.</p><p><strong>Crypto Stocks</strong> - Bitcoin fell toward $61,000 early Monday, putting the digital token on course for its lowest end-of-day level in more than a month. Other cryptocurrencies also retreated. <a href=\"https://laohu8.com/S/BITF\">Bitfarms</a> fell 6%; <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> fell 5%; <a href=\"https://laohu8.com/S/MARA\">Marathon Digital</a>, <a href=\"https://laohu8.com/S/COIN\">Coinbase</a>, <a href=\"https://laohu8.com/S/RIOT\">Riot Platforms</a> and <a href=\"https://laohu8.com/S/CLSK\">CleanSpark</a> fell 3%.</p><p><strong><a href=\"https://laohu8.com/S/ARGX\">Argenx SE</a></strong> - Argenx SE’s Vyvgart Hytrulo shot gained US approval to treat a rare nervous system disorder, a win for the biotechnology firm after a series of setbacks. The shares jumped 10% in the premarket.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_661467448\" style=\"text-align: start;\">Apple Hit by Fresh EU Warning Over Alleged App Store Abuses</h3><p>Apple Inc.’s antitrust feud with the European Union over allegedly illegal practices on the App Store intensified as watchdogs issued a fresh warning that could lead to more fines — just months after they slapped the iPhone maker with a €1.8 billion ($1.9 billion) penalty for thwarting music-streaming rivals.</p><p style=\"text-align: start;\">The European Commission said Monday<strong> </strong>that Apple must allow app developers to steer users to cheaper deals and offers outside of the App Store, in order to comply with the bloc’s Digital Markets Act, which lays out a raft of dos and dont’s for some of the world’s largest technology platforms.</p><p style=\"text-align: start;\">The Brussels-based regulator also said that it had opened a fresh investigation into Apple’s new App Store fees for developers in the EU, to examine whether they are in line with the DMA. Failure to comply with the law could come with fines for the company — as much as 10% of global annual revenue.</p><h3 id=\"id_3892382666\">China's ByteDance Working with Broadcom to Develop Advanced AI Chip</h3><p>China's ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok's owner secure sufficient supply of high-end chips amid U.S.-Sino tensions.</p><p>The 5 nanometre chip - a customised product known as an application-specific integrated chip (ASIC) - would be compliant with U.S. export restrictions and manufacturing work would be outsourced to TSMC, the sources added.</p><p>TSMC is, however, not expected to start manufacturing the new chip this year, they said. One of them said while design work is well underway, the "tapeout" - which marks the end of the design phase and the beginning of manufacturing - has not started.</p><p><strong>Trade US Stocks 24/5 with Tiger Trade!</strong></p><p><img src=\"https://community-static.tradeup.com/news/25e9093f09ca87042d8aa141cd880adc\" alt=\"\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜U.S. Futures Mixed; Nvidia Slips 2%; DJT Gains 7%; Crypto Stocks Underperform</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Futures Mixed; Nvidia Slips 2%; DJT Gains 7%; Crypto Stocks Underperform\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-06-24 20:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. index futures were mixed at the start of a week marked with a crucial inflation print and other economic data that are poised to shed further light on the monetary policy outlook, with the first U.S. presidential debate also on the watch list.</p><p>The biggest event on investors' radar for the week is Friday's personal consumption expenditures (PCE) price index report- the Federal Reserve's preferred measure of inflation, expected to show moderation in price pressures.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 8:13 a.m. ET, Dow e-minis were up 89 points, or 0.22%, S&P 500 e-minis were up 1.25 points, or 0.02%, and Nasdaq 100 e-minis were down 32.75 points, or 0.16%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4871ec36cc3ee6888419b14e8dc86357\" title=\"\" tg-width=\"373\" tg-height=\"206\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></strong> - Nvidia shares were down 2.1% in premarket trading. The stock closed down 3.2% on Friday. Having briefly become the world’s most valuable company last week, Nvidia has now dropped back behind Microsoft and Apple in market value. CEO Huang disclosed that he sold 720,000 Nvidia shares from June 13 through 21 for a total of $94.6 million, an average price of $131.44 each. </p><p><strong><a href=\"https://laohu8.com/S/AAPL\">Apple</a></strong>, <strong><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></strong> - Shares of Apple rose slightly in premarket trading. The tech giant has been charged by the European Union for failing to comply with a new digital-competition law. The EU alleged that the company’s App Store rules are in breach of the Digital Markets Act “as they prevent app developers from freely steering consumers to alternative channels for offers and content.”</p><p style=\"text-align: start;\">Meanwhile, The Wall Street Journal reported that Apple has held discussions with Meta Platforms, the parent company of Facebook and Instagram, about potentially integrating Meta’s generative AI model into Apple Intelligence, the company’s AI strategy for iPhones, iPads, and Macs. Meta shares were rising 0.6%.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/DJT\">Trump Media & Technology</a></strong> - Trump Media & Technology Group rose 7% in premarket trading. The parent company of former President Donald Trump’s Truth Social platform said Friday it expects proceeds of more than $69.4 million from the exercise of warrants last Thursday and Friday. The Securities and Exchange Commission last week signed off on the company’s registration statement and on the resale of shares and warrants. Trump Media has said it could potentially being in proceeds of $247 million if all warrants are exercised.</p><p>Joe Biden and Donald Trump square off for a historic US presidential debate this week ( June 27), with the stage set for what could be a pivotal moment in the 2024 race as millions of potential voters tune in.</p><p><strong><a href=\"https://laohu8.com/S/AFRM\">Affirm</a></strong> - Goldman Sachs assumed coverage of Affirm with a Buy rating and $42 price target. Affirm shares gained 3.1% in premarket trading Monday.</p><p><strong><a href=\"https://laohu8.com/S/MU\">Micron Technology</a></strong> - Micron keeps bullish ratings, sees price target raised at Citi, Wolfe ahead of earnings. The shares gained 3% in premarket trading Monday.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/UPS\">UPS</a></strong>, <strong><a href=\"https://laohu8.com/S/RXO\">RXO</a></strong> - UPS said it reached an agreement to sell its Coyote Logistics business to third-party logistics provider RXO for $1.025 billion. UPS bought the Coyote business in 2015 for $1.8 billion. UPS shares were up 0.2% in premarket trading. RXO shares jumped 15%.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/LLY\">Eli Lilly</a></strong> - Eli Lilly gained 1% after the company said Friday it was seeking Food and Drug Administration approval to expand the uses for weight-loss drug Zepbound to include sleep apnea.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/RMD\">ResMed</a></strong> - ResMed, meanwhile, was falling 12% to $180.98 after Lilly said Zepbound reduced the severity of sleep apnea. RedMed makes diseases that treat sleep apnea and COPD.</p><p><strong><a href=\"https://laohu8.com/S/CLOV\">Clover Health</a></strong> - Health insurer Clover Health jumped another 9% in the premarket Monday after its former CEO and co-founder Vivek Garipalli disclosed the purchase of more than $1M worth of company shares. The shares jumped over 21% on Friday.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/UAA\">Under Armour</a></strong> - Under Armour declined 1% after it announced Friday that it would pay $434 million to settle a class-action lawsuit filed in 2017 that claimed the sportswear company defrauded shareholders by misleading them about revenue growth. “The company has consistently denied the accusations and entered into this agreement in principle, which is not an admission or finding of fault or wrongdoing, given the costs and risks inherent in litigation,” Under Armour said in a statement.</p><p><strong>Crypto Stocks</strong> - Bitcoin fell toward $61,000 early Monday, putting the digital token on course for its lowest end-of-day level in more than a month. Other cryptocurrencies also retreated. <a href=\"https://laohu8.com/S/BITF\">Bitfarms</a> fell 6%; <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> fell 5%; <a href=\"https://laohu8.com/S/MARA\">Marathon Digital</a>, <a href=\"https://laohu8.com/S/COIN\">Coinbase</a>, <a href=\"https://laohu8.com/S/RIOT\">Riot Platforms</a> and <a href=\"https://laohu8.com/S/CLSK\">CleanSpark</a> fell 3%.</p><p><strong><a href=\"https://laohu8.com/S/ARGX\">Argenx SE</a></strong> - Argenx SE’s Vyvgart Hytrulo shot gained US approval to treat a rare nervous system disorder, a win for the biotechnology firm after a series of setbacks. The shares jumped 10% in the premarket.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_661467448\" style=\"text-align: start;\">Apple Hit by Fresh EU Warning Over Alleged App Store Abuses</h3><p>Apple Inc.’s antitrust feud with the European Union over allegedly illegal practices on the App Store intensified as watchdogs issued a fresh warning that could lead to more fines — just months after they slapped the iPhone maker with a €1.8 billion ($1.9 billion) penalty for thwarting music-streaming rivals.</p><p style=\"text-align: start;\">The European Commission said Monday<strong> </strong>that Apple must allow app developers to steer users to cheaper deals and offers outside of the App Store, in order to comply with the bloc’s Digital Markets Act, which lays out a raft of dos and dont’s for some of the world’s largest technology platforms.</p><p style=\"text-align: start;\">The Brussels-based regulator also said that it had opened a fresh investigation into Apple’s new App Store fees for developers in the EU, to examine whether they are in line with the DMA. Failure to comply with the law could come with fines for the company — as much as 10% of global annual revenue.</p><h3 id=\"id_3892382666\">China's ByteDance Working with Broadcom to Develop Advanced AI Chip</h3><p>China's ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok's owner secure sufficient supply of high-end chips amid U.S.-Sino tensions.</p><p>The 5 nanometre chip - a customised product known as an application-specific integrated chip (ASIC) - would be compliant with U.S. export restrictions and manufacturing work would be outsourced to TSMC, the sources added.</p><p>TSMC is, however, not expected to start manufacturing the new chip this year, they said. One of them said while design work is well underway, the "tapeout" - which marks the end of the design phase and the beginning of manufacturing - has not started.</p><p><strong>Trade US Stocks 24/5 with Tiger Trade!</strong></p><p><img src=\"https://community-static.tradeup.com/news/25e9093f09ca87042d8aa141cd880adc\" alt=\"\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DJT":"特朗普媒体科技集团","UAA":"安德玛公司A类股","MU":"美光科技","RXO":"RXO INC","NVDA":"英伟达","MSTR":"MicroStrategy Incorporated","COIN":"Coinbase Global, Inc.",".DJI":"道琼斯","UPS":"联合包裹","META":"Meta Platforms","CLOV":"Clover Health Corp","RMD":"瑞思迈","BITF":"Bitfarms Ltd.",".IXIC":"NASDAQ Composite","CLSK":"CleanSpark, Inc.",".SPX":"S&P 500 Index","LLY":"礼来","AFRM":"Affirm Holdings, Inc.","AAPL":"苹果","MARA":"Marathon Digital Holdings Inc","RIOT":"Riot Platforms","ARGX":"Argenx SE"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139730103","content_text":"U.S. index futures were mixed at the start of a week marked with a crucial inflation print and other economic data that are poised to shed further light on the monetary policy outlook, with the first U.S. presidential debate also on the watch list.The biggest event on investors' radar for the week is Friday's personal consumption expenditures (PCE) price index report- the Federal Reserve's preferred measure of inflation, expected to show moderation in price pressures.Market SnapshotAt 8:13 a.m. ET, Dow e-minis were up 89 points, or 0.22%, S&P 500 e-minis were up 1.25 points, or 0.02%, and Nasdaq 100 e-minis were down 32.75 points, or 0.16%.Pre-Market MoversNvidia - Nvidia shares were down 2.1% in premarket trading. The stock closed down 3.2% on Friday. Having briefly become the world’s most valuable company last week, Nvidia has now dropped back behind Microsoft and Apple in market value. CEO Huang disclosed that he sold 720,000 Nvidia shares from June 13 through 21 for a total of $94.6 million, an average price of $131.44 each. Apple, Meta Platforms - Shares of Apple rose slightly in premarket trading. The tech giant has been charged by the European Union for failing to comply with a new digital-competition law. The EU alleged that the company’s App Store rules are in breach of the Digital Markets Act “as they prevent app developers from freely steering consumers to alternative channels for offers and content.”Meanwhile, The Wall Street Journal reported that Apple has held discussions with Meta Platforms, the parent company of Facebook and Instagram, about potentially integrating Meta’s generative AI model into Apple Intelligence, the company’s AI strategy for iPhones, iPads, and Macs. Meta shares were rising 0.6%.Trump Media & Technology - Trump Media & Technology Group rose 7% in premarket trading. The parent company of former President Donald Trump’s Truth Social platform said Friday it expects proceeds of more than $69.4 million from the exercise of warrants last Thursday and Friday. The Securities and Exchange Commission last week signed off on the company’s registration statement and on the resale of shares and warrants. Trump Media has said it could potentially being in proceeds of $247 million if all warrants are exercised.Joe Biden and Donald Trump square off for a historic US presidential debate this week ( June 27), with the stage set for what could be a pivotal moment in the 2024 race as millions of potential voters tune in.Affirm - Goldman Sachs assumed coverage of Affirm with a Buy rating and $42 price target. Affirm shares gained 3.1% in premarket trading Monday.Micron Technology - Micron keeps bullish ratings, sees price target raised at Citi, Wolfe ahead of earnings. The shares gained 3% in premarket trading Monday.UPS, RXO - UPS said it reached an agreement to sell its Coyote Logistics business to third-party logistics provider RXO for $1.025 billion. UPS bought the Coyote business in 2015 for $1.8 billion. UPS shares were up 0.2% in premarket trading. RXO shares jumped 15%.Eli Lilly - Eli Lilly gained 1% after the company said Friday it was seeking Food and Drug Administration approval to expand the uses for weight-loss drug Zepbound to include sleep apnea.ResMed - ResMed, meanwhile, was falling 12% to $180.98 after Lilly said Zepbound reduced the severity of sleep apnea. RedMed makes diseases that treat sleep apnea and COPD.Clover Health - Health insurer Clover Health jumped another 9% in the premarket Monday after its former CEO and co-founder Vivek Garipalli disclosed the purchase of more than $1M worth of company shares. The shares jumped over 21% on Friday.Under Armour - Under Armour declined 1% after it announced Friday that it would pay $434 million to settle a class-action lawsuit filed in 2017 that claimed the sportswear company defrauded shareholders by misleading them about revenue growth. “The company has consistently denied the accusations and entered into this agreement in principle, which is not an admission or finding of fault or wrongdoing, given the costs and risks inherent in litigation,” Under Armour said in a statement.Crypto Stocks - Bitcoin fell toward $61,000 early Monday, putting the digital token on course for its lowest end-of-day level in more than a month. Other cryptocurrencies also retreated. Bitfarms fell 6%; MicroStrategy fell 5%; Marathon Digital, Coinbase, Riot Platforms and CleanSpark fell 3%.Argenx SE - Argenx SE’s Vyvgart Hytrulo shot gained US approval to treat a rare nervous system disorder, a win for the biotechnology firm after a series of setbacks. The shares jumped 10% in the premarket.Market NewsApple Hit by Fresh EU Warning Over Alleged App Store AbusesApple Inc.’s antitrust feud with the European Union over allegedly illegal practices on the App Store intensified as watchdogs issued a fresh warning that could lead to more fines — just months after they slapped the iPhone maker with a €1.8 billion ($1.9 billion) penalty for thwarting music-streaming rivals.The European Commission said Monday that Apple must allow app developers to steer users to cheaper deals and offers outside of the App Store, in order to comply with the bloc’s Digital Markets Act, which lays out a raft of dos and dont’s for some of the world’s largest technology platforms.The Brussels-based regulator also said that it had opened a fresh investigation into Apple’s new App Store fees for developers in the EU, to examine whether they are in line with the DMA. Failure to comply with the law could come with fines for the company — as much as 10% of global annual revenue.China's ByteDance Working with Broadcom to Develop Advanced AI ChipChina's ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok's owner secure sufficient supply of high-end chips amid U.S.-Sino tensions.The 5 nanometre chip - a customised product known as an application-specific integrated chip (ASIC) - would be compliant with U.S. export restrictions and manufacturing work would be outsourced to TSMC, the sources added.TSMC is, however, not expected to start manufacturing the new chip this year, they said. One of them said while design work is well underway, the \"tapeout\" - which marks the end of the design phase and the beginning of manufacturing - has not started.Trade US Stocks 24/5 with Tiger Trade!","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301109007937568,"gmtCreate":1714528962965,"gmtModify":1714529996814,"author":{"id":"4144742171611692","authorId":"4144742171611692","name":"Mukund","avatar":"https://community-static.tradeup.com/news/7c92f649391380d70871006184f35540","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Microsoft definitely stands out !!","listText":"Microsoft definitely stands out !!","text":"Microsoft definitely stands out !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301109007937568","isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":231834558542088,"gmtCreate":1697630191460,"gmtModify":1697633851199,"author":{"id":"4144742171611692","authorId":"4144742171611692","name":"Mukund","avatar":"https://community-static.tradeup.com/news/7c92f649391380d70871006184f35540","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v>","text":"$NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/231834558542088","isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":320306137071736,"gmtCreate":1719232750224,"gmtModify":1719233911430,"author":{"id":"4144742171611692","authorId":"4144742171611692","name":"Mukund","avatar":"https://community-static.tradeup.com/news/7c92f649391380d70871006184f35540","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"That's awesome to be able to trade 24/5","listText":"That's awesome to be able to trade 24/5","text":"That's awesome to be able to trade 24/5","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320306137071736","repostId":"1139730103","repostType":2,"repost":{"id":"1139730103","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1719231600,"share":"https://www.laohu8.com/m/news/1139730103?lang=&edition=full","pubTime":"2024-06-24 20:20","market":"us","language":"en","title":"Pre-Bell｜U.S. Futures Mixed; Nvidia Slips 2%; DJT Gains 7%; Crypto Stocks Underperform","url":"https://stock-news.laohu8.com/highlight/detail?id=1139730103","media":"Tiger Newspress","summary":"U.S. index futures were mixed at the start of a week marked with a crucial inflation print and other economic data that are poised to shed further light on the monetary policy outlook, with the first ","content":"<html><head></head><body><p>U.S. index futures were mixed at the start of a week marked with a crucial inflation print and other economic data that are poised to shed further light on the monetary policy outlook, with the first U.S. presidential debate also on the watch list.</p><p>The biggest event on investors' radar for the week is Friday's personal consumption expenditures (PCE) price index report- the Federal Reserve's preferred measure of inflation, expected to show moderation in price pressures.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 8:13 a.m. ET, Dow e-minis were up 89 points, or 0.22%, S&P 500 e-minis were up 1.25 points, or 0.02%, and Nasdaq 100 e-minis were down 32.75 points, or 0.16%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4871ec36cc3ee6888419b14e8dc86357\" title=\"\" tg-width=\"373\" tg-height=\"206\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></strong> - Nvidia shares were down 2.1% in premarket trading. The stock closed down 3.2% on Friday. Having briefly become the world’s most valuable company last week, Nvidia has now dropped back behind Microsoft and Apple in market value. CEO Huang disclosed that he sold 720,000 Nvidia shares from June 13 through 21 for a total of $94.6 million, an average price of $131.44 each. </p><p><strong><a href=\"https://laohu8.com/S/AAPL\">Apple</a></strong>, <strong><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></strong> - Shares of Apple rose slightly in premarket trading. The tech giant has been charged by the European Union for failing to comply with a new digital-competition law. The EU alleged that the company’s App Store rules are in breach of the Digital Markets Act “as they prevent app developers from freely steering consumers to alternative channels for offers and content.”</p><p style=\"text-align: start;\">Meanwhile, The Wall Street Journal reported that Apple has held discussions with Meta Platforms, the parent company of Facebook and Instagram, about potentially integrating Meta’s generative AI model into Apple Intelligence, the company’s AI strategy for iPhones, iPads, and Macs. Meta shares were rising 0.6%.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/DJT\">Trump Media & Technology</a></strong> - Trump Media & Technology Group rose 7% in premarket trading. The parent company of former President Donald Trump’s Truth Social platform said Friday it expects proceeds of more than $69.4 million from the exercise of warrants last Thursday and Friday. The Securities and Exchange Commission last week signed off on the company’s registration statement and on the resale of shares and warrants. Trump Media has said it could potentially being in proceeds of $247 million if all warrants are exercised.</p><p>Joe Biden and Donald Trump square off for a historic US presidential debate this week ( June 27), with the stage set for what could be a pivotal moment in the 2024 race as millions of potential voters tune in.</p><p><strong><a href=\"https://laohu8.com/S/AFRM\">Affirm</a></strong> - Goldman Sachs assumed coverage of Affirm with a Buy rating and $42 price target. Affirm shares gained 3.1% in premarket trading Monday.</p><p><strong><a href=\"https://laohu8.com/S/MU\">Micron Technology</a></strong> - Micron keeps bullish ratings, sees price target raised at Citi, Wolfe ahead of earnings. The shares gained 3% in premarket trading Monday.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/UPS\">UPS</a></strong>, <strong><a href=\"https://laohu8.com/S/RXO\">RXO</a></strong> - UPS said it reached an agreement to sell its Coyote Logistics business to third-party logistics provider RXO for $1.025 billion. UPS bought the Coyote business in 2015 for $1.8 billion. UPS shares were up 0.2% in premarket trading. RXO shares jumped 15%.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/LLY\">Eli Lilly</a></strong> - Eli Lilly gained 1% after the company said Friday it was seeking Food and Drug Administration approval to expand the uses for weight-loss drug Zepbound to include sleep apnea.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/RMD\">ResMed</a></strong> - ResMed, meanwhile, was falling 12% to $180.98 after Lilly said Zepbound reduced the severity of sleep apnea. RedMed makes diseases that treat sleep apnea and COPD.</p><p><strong><a href=\"https://laohu8.com/S/CLOV\">Clover Health</a></strong> - Health insurer Clover Health jumped another 9% in the premarket Monday after its former CEO and co-founder Vivek Garipalli disclosed the purchase of more than $1M worth of company shares. The shares jumped over 21% on Friday.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/UAA\">Under Armour</a></strong> - Under Armour declined 1% after it announced Friday that it would pay $434 million to settle a class-action lawsuit filed in 2017 that claimed the sportswear company defrauded shareholders by misleading them about revenue growth. “The company has consistently denied the accusations and entered into this agreement in principle, which is not an admission or finding of fault or wrongdoing, given the costs and risks inherent in litigation,” Under Armour said in a statement.</p><p><strong>Crypto Stocks</strong> - Bitcoin fell toward $61,000 early Monday, putting the digital token on course for its lowest end-of-day level in more than a month. Other cryptocurrencies also retreated. <a href=\"https://laohu8.com/S/BITF\">Bitfarms</a> fell 6%; <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> fell 5%; <a href=\"https://laohu8.com/S/MARA\">Marathon Digital</a>, <a href=\"https://laohu8.com/S/COIN\">Coinbase</a>, <a href=\"https://laohu8.com/S/RIOT\">Riot Platforms</a> and <a href=\"https://laohu8.com/S/CLSK\">CleanSpark</a> fell 3%.</p><p><strong><a href=\"https://laohu8.com/S/ARGX\">Argenx SE</a></strong> - Argenx SE’s Vyvgart Hytrulo shot gained US approval to treat a rare nervous system disorder, a win for the biotechnology firm after a series of setbacks. The shares jumped 10% in the premarket.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_661467448\" style=\"text-align: start;\">Apple Hit by Fresh EU Warning Over Alleged App Store Abuses</h3><p>Apple Inc.’s antitrust feud with the European Union over allegedly illegal practices on the App Store intensified as watchdogs issued a fresh warning that could lead to more fines — just months after they slapped the iPhone maker with a €1.8 billion ($1.9 billion) penalty for thwarting music-streaming rivals.</p><p style=\"text-align: start;\">The European Commission said Monday<strong> </strong>that Apple must allow app developers to steer users to cheaper deals and offers outside of the App Store, in order to comply with the bloc’s Digital Markets Act, which lays out a raft of dos and dont’s for some of the world’s largest technology platforms.</p><p style=\"text-align: start;\">The Brussels-based regulator also said that it had opened a fresh investigation into Apple’s new App Store fees for developers in the EU, to examine whether they are in line with the DMA. Failure to comply with the law could come with fines for the company — as much as 10% of global annual revenue.</p><h3 id=\"id_3892382666\">China's ByteDance Working with Broadcom to Develop Advanced AI Chip</h3><p>China's ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok's owner secure sufficient supply of high-end chips amid U.S.-Sino tensions.</p><p>The 5 nanometre chip - a customised product known as an application-specific integrated chip (ASIC) - would be compliant with U.S. export restrictions and manufacturing work would be outsourced to TSMC, the sources added.</p><p>TSMC is, however, not expected to start manufacturing the new chip this year, they said. One of them said while design work is well underway, the "tapeout" - which marks the end of the design phase and the beginning of manufacturing - has not started.</p><p><strong>Trade US Stocks 24/5 with Tiger Trade!</strong></p><p><img src=\"https://community-static.tradeup.com/news/25e9093f09ca87042d8aa141cd880adc\" alt=\"\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜U.S. Futures Mixed; Nvidia Slips 2%; DJT Gains 7%; Crypto Stocks Underperform</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Futures Mixed; Nvidia Slips 2%; DJT Gains 7%; Crypto Stocks Underperform\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-06-24 20:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. index futures were mixed at the start of a week marked with a crucial inflation print and other economic data that are poised to shed further light on the monetary policy outlook, with the first U.S. presidential debate also on the watch list.</p><p>The biggest event on investors' radar for the week is Friday's personal consumption expenditures (PCE) price index report- the Federal Reserve's preferred measure of inflation, expected to show moderation in price pressures.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 8:13 a.m. ET, Dow e-minis were up 89 points, or 0.22%, S&P 500 e-minis were up 1.25 points, or 0.02%, and Nasdaq 100 e-minis were down 32.75 points, or 0.16%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4871ec36cc3ee6888419b14e8dc86357\" title=\"\" tg-width=\"373\" tg-height=\"206\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></strong> - Nvidia shares were down 2.1% in premarket trading. The stock closed down 3.2% on Friday. Having briefly become the world’s most valuable company last week, Nvidia has now dropped back behind Microsoft and Apple in market value. CEO Huang disclosed that he sold 720,000 Nvidia shares from June 13 through 21 for a total of $94.6 million, an average price of $131.44 each. </p><p><strong><a href=\"https://laohu8.com/S/AAPL\">Apple</a></strong>, <strong><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></strong> - Shares of Apple rose slightly in premarket trading. The tech giant has been charged by the European Union for failing to comply with a new digital-competition law. The EU alleged that the company’s App Store rules are in breach of the Digital Markets Act “as they prevent app developers from freely steering consumers to alternative channels for offers and content.”</p><p style=\"text-align: start;\">Meanwhile, The Wall Street Journal reported that Apple has held discussions with Meta Platforms, the parent company of Facebook and Instagram, about potentially integrating Meta’s generative AI model into Apple Intelligence, the company’s AI strategy for iPhones, iPads, and Macs. Meta shares were rising 0.6%.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/DJT\">Trump Media & Technology</a></strong> - Trump Media & Technology Group rose 7% in premarket trading. The parent company of former President Donald Trump’s Truth Social platform said Friday it expects proceeds of more than $69.4 million from the exercise of warrants last Thursday and Friday. The Securities and Exchange Commission last week signed off on the company’s registration statement and on the resale of shares and warrants. Trump Media has said it could potentially being in proceeds of $247 million if all warrants are exercised.</p><p>Joe Biden and Donald Trump square off for a historic US presidential debate this week ( June 27), with the stage set for what could be a pivotal moment in the 2024 race as millions of potential voters tune in.</p><p><strong><a href=\"https://laohu8.com/S/AFRM\">Affirm</a></strong> - Goldman Sachs assumed coverage of Affirm with a Buy rating and $42 price target. Affirm shares gained 3.1% in premarket trading Monday.</p><p><strong><a href=\"https://laohu8.com/S/MU\">Micron Technology</a></strong> - Micron keeps bullish ratings, sees price target raised at Citi, Wolfe ahead of earnings. The shares gained 3% in premarket trading Monday.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/UPS\">UPS</a></strong>, <strong><a href=\"https://laohu8.com/S/RXO\">RXO</a></strong> - UPS said it reached an agreement to sell its Coyote Logistics business to third-party logistics provider RXO for $1.025 billion. UPS bought the Coyote business in 2015 for $1.8 billion. UPS shares were up 0.2% in premarket trading. RXO shares jumped 15%.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/LLY\">Eli Lilly</a></strong> - Eli Lilly gained 1% after the company said Friday it was seeking Food and Drug Administration approval to expand the uses for weight-loss drug Zepbound to include sleep apnea.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/RMD\">ResMed</a></strong> - ResMed, meanwhile, was falling 12% to $180.98 after Lilly said Zepbound reduced the severity of sleep apnea. RedMed makes diseases that treat sleep apnea and COPD.</p><p><strong><a href=\"https://laohu8.com/S/CLOV\">Clover Health</a></strong> - Health insurer Clover Health jumped another 9% in the premarket Monday after its former CEO and co-founder Vivek Garipalli disclosed the purchase of more than $1M worth of company shares. The shares jumped over 21% on Friday.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/UAA\">Under Armour</a></strong> - Under Armour declined 1% after it announced Friday that it would pay $434 million to settle a class-action lawsuit filed in 2017 that claimed the sportswear company defrauded shareholders by misleading them about revenue growth. “The company has consistently denied the accusations and entered into this agreement in principle, which is not an admission or finding of fault or wrongdoing, given the costs and risks inherent in litigation,” Under Armour said in a statement.</p><p><strong>Crypto Stocks</strong> - Bitcoin fell toward $61,000 early Monday, putting the digital token on course for its lowest end-of-day level in more than a month. Other cryptocurrencies also retreated. <a href=\"https://laohu8.com/S/BITF\">Bitfarms</a> fell 6%; <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> fell 5%; <a href=\"https://laohu8.com/S/MARA\">Marathon Digital</a>, <a href=\"https://laohu8.com/S/COIN\">Coinbase</a>, <a href=\"https://laohu8.com/S/RIOT\">Riot Platforms</a> and <a href=\"https://laohu8.com/S/CLSK\">CleanSpark</a> fell 3%.</p><p><strong><a href=\"https://laohu8.com/S/ARGX\">Argenx SE</a></strong> - Argenx SE’s Vyvgart Hytrulo shot gained US approval to treat a rare nervous system disorder, a win for the biotechnology firm after a series of setbacks. The shares jumped 10% in the premarket.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_661467448\" style=\"text-align: start;\">Apple Hit by Fresh EU Warning Over Alleged App Store Abuses</h3><p>Apple Inc.’s antitrust feud with the European Union over allegedly illegal practices on the App Store intensified as watchdogs issued a fresh warning that could lead to more fines — just months after they slapped the iPhone maker with a €1.8 billion ($1.9 billion) penalty for thwarting music-streaming rivals.</p><p style=\"text-align: start;\">The European Commission said Monday<strong> </strong>that Apple must allow app developers to steer users to cheaper deals and offers outside of the App Store, in order to comply with the bloc’s Digital Markets Act, which lays out a raft of dos and dont’s for some of the world’s largest technology platforms.</p><p style=\"text-align: start;\">The Brussels-based regulator also said that it had opened a fresh investigation into Apple’s new App Store fees for developers in the EU, to examine whether they are in line with the DMA. Failure to comply with the law could come with fines for the company — as much as 10% of global annual revenue.</p><h3 id=\"id_3892382666\">China's ByteDance Working with Broadcom to Develop Advanced AI Chip</h3><p>China's ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok's owner secure sufficient supply of high-end chips amid U.S.-Sino tensions.</p><p>The 5 nanometre chip - a customised product known as an application-specific integrated chip (ASIC) - would be compliant with U.S. export restrictions and manufacturing work would be outsourced to TSMC, the sources added.</p><p>TSMC is, however, not expected to start manufacturing the new chip this year, they said. One of them said while design work is well underway, the "tapeout" - which marks the end of the design phase and the beginning of manufacturing - has not started.</p><p><strong>Trade US Stocks 24/5 with Tiger Trade!</strong></p><p><img src=\"https://community-static.tradeup.com/news/25e9093f09ca87042d8aa141cd880adc\" alt=\"\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DJT":"特朗普媒体科技集团","UAA":"安德玛公司A类股","MU":"美光科技","RXO":"RXO INC","NVDA":"英伟达","MSTR":"MicroStrategy Incorporated","COIN":"Coinbase Global, Inc.",".DJI":"道琼斯","UPS":"联合包裹","META":"Meta Platforms","CLOV":"Clover Health Corp","RMD":"瑞思迈","BITF":"Bitfarms Ltd.",".IXIC":"NASDAQ Composite","CLSK":"CleanSpark, Inc.",".SPX":"S&P 500 Index","LLY":"礼来","AFRM":"Affirm Holdings, Inc.","AAPL":"苹果","MARA":"Marathon Digital Holdings Inc","RIOT":"Riot Platforms","ARGX":"Argenx SE"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139730103","content_text":"U.S. index futures were mixed at the start of a week marked with a crucial inflation print and other economic data that are poised to shed further light on the monetary policy outlook, with the first U.S. presidential debate also on the watch list.The biggest event on investors' radar for the week is Friday's personal consumption expenditures (PCE) price index report- the Federal Reserve's preferred measure of inflation, expected to show moderation in price pressures.Market SnapshotAt 8:13 a.m. ET, Dow e-minis were up 89 points, or 0.22%, S&P 500 e-minis were up 1.25 points, or 0.02%, and Nasdaq 100 e-minis were down 32.75 points, or 0.16%.Pre-Market MoversNvidia - Nvidia shares were down 2.1% in premarket trading. The stock closed down 3.2% on Friday. Having briefly become the world’s most valuable company last week, Nvidia has now dropped back behind Microsoft and Apple in market value. CEO Huang disclosed that he sold 720,000 Nvidia shares from June 13 through 21 for a total of $94.6 million, an average price of $131.44 each. Apple, Meta Platforms - Shares of Apple rose slightly in premarket trading. The tech giant has been charged by the European Union for failing to comply with a new digital-competition law. The EU alleged that the company’s App Store rules are in breach of the Digital Markets Act “as they prevent app developers from freely steering consumers to alternative channels for offers and content.”Meanwhile, The Wall Street Journal reported that Apple has held discussions with Meta Platforms, the parent company of Facebook and Instagram, about potentially integrating Meta’s generative AI model into Apple Intelligence, the company’s AI strategy for iPhones, iPads, and Macs. Meta shares were rising 0.6%.Trump Media & Technology - Trump Media & Technology Group rose 7% in premarket trading. The parent company of former President Donald Trump’s Truth Social platform said Friday it expects proceeds of more than $69.4 million from the exercise of warrants last Thursday and Friday. The Securities and Exchange Commission last week signed off on the company’s registration statement and on the resale of shares and warrants. Trump Media has said it could potentially being in proceeds of $247 million if all warrants are exercised.Joe Biden and Donald Trump square off for a historic US presidential debate this week ( June 27), with the stage set for what could be a pivotal moment in the 2024 race as millions of potential voters tune in.Affirm - Goldman Sachs assumed coverage of Affirm with a Buy rating and $42 price target. Affirm shares gained 3.1% in premarket trading Monday.Micron Technology - Micron keeps bullish ratings, sees price target raised at Citi, Wolfe ahead of earnings. The shares gained 3% in premarket trading Monday.UPS, RXO - UPS said it reached an agreement to sell its Coyote Logistics business to third-party logistics provider RXO for $1.025 billion. UPS bought the Coyote business in 2015 for $1.8 billion. UPS shares were up 0.2% in premarket trading. RXO shares jumped 15%.Eli Lilly - Eli Lilly gained 1% after the company said Friday it was seeking Food and Drug Administration approval to expand the uses for weight-loss drug Zepbound to include sleep apnea.ResMed - ResMed, meanwhile, was falling 12% to $180.98 after Lilly said Zepbound reduced the severity of sleep apnea. RedMed makes diseases that treat sleep apnea and COPD.Clover Health - Health insurer Clover Health jumped another 9% in the premarket Monday after its former CEO and co-founder Vivek Garipalli disclosed the purchase of more than $1M worth of company shares. The shares jumped over 21% on Friday.Under Armour - Under Armour declined 1% after it announced Friday that it would pay $434 million to settle a class-action lawsuit filed in 2017 that claimed the sportswear company defrauded shareholders by misleading them about revenue growth. “The company has consistently denied the accusations and entered into this agreement in principle, which is not an admission or finding of fault or wrongdoing, given the costs and risks inherent in litigation,” Under Armour said in a statement.Crypto Stocks - Bitcoin fell toward $61,000 early Monday, putting the digital token on course for its lowest end-of-day level in more than a month. Other cryptocurrencies also retreated. Bitfarms fell 6%; MicroStrategy fell 5%; Marathon Digital, Coinbase, Riot Platforms and CleanSpark fell 3%.Argenx SE - Argenx SE’s Vyvgart Hytrulo shot gained US approval to treat a rare nervous system disorder, a win for the biotechnology firm after a series of setbacks. The shares jumped 10% in the premarket.Market NewsApple Hit by Fresh EU Warning Over Alleged App Store AbusesApple Inc.’s antitrust feud with the European Union over allegedly illegal practices on the App Store intensified as watchdogs issued a fresh warning that could lead to more fines — just months after they slapped the iPhone maker with a €1.8 billion ($1.9 billion) penalty for thwarting music-streaming rivals.The European Commission said Monday that Apple must allow app developers to steer users to cheaper deals and offers outside of the App Store, in order to comply with the bloc’s Digital Markets Act, which lays out a raft of dos and dont’s for some of the world’s largest technology platforms.The Brussels-based regulator also said that it had opened a fresh investigation into Apple’s new App Store fees for developers in the EU, to examine whether they are in line with the DMA. Failure to comply with the law could come with fines for the company — as much as 10% of global annual revenue.China's ByteDance Working with Broadcom to Develop Advanced AI ChipChina's ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok's owner secure sufficient supply of high-end chips amid U.S.-Sino tensions.The 5 nanometre chip - a customised product known as an application-specific integrated chip (ASIC) - would be compliant with U.S. export restrictions and manufacturing work would be outsourced to TSMC, the sources added.TSMC is, however, not expected to start manufacturing the new chip this year, they said. One of them said while design work is well underway, the \"tapeout\" - which marks the end of the design phase and the beginning of manufacturing - has not started.Trade US Stocks 24/5 with Tiger Trade!","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301109007937568,"gmtCreate":1714528962965,"gmtModify":1714529996814,"author":{"id":"4144742171611692","authorId":"4144742171611692","name":"Mukund","avatar":"https://community-static.tradeup.com/news/7c92f649391380d70871006184f35540","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Microsoft definitely stands out !!","listText":"Microsoft definitely stands out !!","text":"Microsoft definitely stands out !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301109007937568","isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":231834558542088,"gmtCreate":1697630191460,"gmtModify":1697633851199,"author":{"id":"4144742171611692","authorId":"4144742171611692","name":"Mukund","avatar":"https://community-static.tradeup.com/news/7c92f649391380d70871006184f35540","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v>","text":"$NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/231834558542088","isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}