On Wednesday, August 14, Tesla fell by 3.1%, Google A dropped 2.31%, Meta decreased by 0.34%, Amazon was down 0.08%, while Apple rose by 0.2%. Microsoft gained 0.69%, and NVIDIA climbed 1.67%. Additionally, TSMC's ADR decreased by 1.38%, AMD slipped 0.27%, Berkshire Hathaway Class B shares increased by 1.4%, and Eli Lilly rose 2.6%.

WTI September crude oil futures fell by $1.37, a drop of nearly 1.75%, closing at $76.98 per barrel, approaching the 200-day moving average, which is currently at $76.56. This marks the second consecutive day of declines amid the release of energy monthly reports by the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA), along with an unexpected increase in crude oil inventories reported by the U.S. Energy Information Administration (EIA). Meanwhile, NYMEX September natural gas futures rose over 3.30%, settling at $2.2190 per million British thermal units. NYMEX September gasoline futures closed at $2.3211 per gallon, and NYMEX September heating oil futures settled at $2.3682 per gallon

On Monday, August 5, the S&P 500 index fell by 3.3%, marking its largest single-day decline since September 2022. The Nasdaq 100 index dropped by 3%, resulting in a market value loss of $907 billion. Apple (AAPL) fell by 4.82%, experiencing its worst single-day performance since September 2022, closing at $209.27. Nvidia declined by 6.36%, Google A dropped by 4.45%, Tesla fell by 4.23%, Amazon decreased by 4.1%, Microsoft was down 3.27%, and Meta dropped 2.54%. Additionally, Eli Lilly fell by 3.63%, Berkshire Hathaway Class B shares declined by 3.42%, TSMC ADR dropped by 1.27%, while AMD increased by 1.75%.

Economic data weighed on U.S. stocks, with the Nasdaq dropping over 2%, and Nvidia plummeting further, while the VIX fear index reached its highest level since April. The 10-year U.S. Treasury yield fell below 4% for the first time since February. European stocks and oil prices declined, while the U.S. dollar and Swiss franc strengthened. The Bank of England cut interest rates for the first time in four years, lowering it by 25 basis points and indicating a "cautious" approach to future actions. Analysts described this as a hawkish cut. In July, U.S. manufacturing activity experienced its largest contraction in eight months, with employment indicators showing a significant decline. Last week, initial jobless claims in the U.S. reached 249,000, the highest in a year, while continuing claims

U.S. stock markets faced a sell-off on Thursday, with the Dow Jones Industrial Average set to experience its worst day of the year. The Dow dropped over 1.6%, the S&P 500 fell by more than 2%, and the Nasdaq slid more than 3%. Recent data has sparked concerns among investors about a potential recession, as well as the belief that it may be too late for the Federal Reserve to initiate interest rate cuts. Last week, new jobless claims in the U.S. recorded the largest increase since August 2023. Additionally, the ISM Manufacturing Index, which gauges U.S. factory activity, registered at 46.8%, below expectations and indicative of an economic contraction. Chris Rupkey, chief economist at FWDBONDS, remarked, “Today’s economic data continues to show a downward trend, which is concerning, eve

U.S. stocks rose in midday trading on Wednesday, led by technology stocks. The Nasdaq and the US Federal Reserve rose sharply. Investors are analyzing the latest financial reports of Microsoft and AMD and preparing for the Federal Reserve's monetary policy decision. The number of private employment in the United States increased by 122,000 in July, lower than market expectations. The Dow Jones Industrial Average rose 255.14 points, or 0.63%, to 40,998.47 points; the Nasdaq rose 436.94 points, or 2.55%, to 17,584.35 points; and the S&P 500 rose 90.42 points, or 1.66%, to 5,526.86 points. Today is the last trading day of July. Wall Street will also end a turbulent trading month. So far this month, the Dow and the Russell 2000 small-cap index have risen by more than 4% and 9%, the Nasdaq

According to Zhito Finance, on Wednesday, Pinterest Inc. (PINS.US) saw its stock price drop by over 11%, trading at $33.20 at the time of this report. The company's third-quarter guidance fell short of expectations, leading several institutions to downgrade their price targets. Analyst Colin Sebastian from Baird lowered his price target to $41, while analyst Josh Beck reduced his target to $40. In the second quarter, Pinterest generated revenue of $853.7 million, a 21% year-on-year increase, surpassing analysts' expectations of $848.2 million. The adjusted earnings per share were $0.29, compared to the expected $0.28. Monthly active users reached 522 million, exceeding the anticipated 518 million. The company projects third-quarter revenue to be between $885 million and $900 million, while

On Monday, July 29, Tesla saw a closing increase of 5.6%, while Google A shares rose over 1.5%. Amazon, Microsoft, Apple, and Meta experienced gains of up to 0.38%. In contrast, Nvidia closed down by 1.3%. Additionally, Eli Lilly gained 0.39%, Berkshire Hathaway B shares increased by 0.15%, AMD fell by 0.17%, and TSMC's ADR declined by 1.19%.

U.S. stock indices initially rose across the board but collectively turned negative, with small-cap stocks leading the declines. The tech-heavy Nasdaq initially surged over 1% before falling more than 0.2%. The Russell 2000 small-cap index recorded the most significant drop, plunging over 1% after rising more than 0.4%. Most of the "FANG stocks" gave back some of their gains after early increases. Tesla's gains expanded to over 6%, while Nvidia, after climbing more than 2.8%, fell over 1.1%. Semiconductor and AI concept stocks mainly rose in early trading but then plummeted, with Chinese concept stocks showing mixed results. XPeng's shares dropped over 3.2%, while Zeekr gained over 3.5%. On Monday, July 29, the U.S. indices started positively but quickly reversed course, with small-cap sto

On Friday, July 26, Meta closed up 2.71%, finishing the week with a cumulative decline of 2.33%, following decreases of 7.6% and 4.43% in the prior two weeks. Microsoft rose 1.64%, with a week-to-date drop of 2.71%, after experiencing declines of 3% and 3.62% in the previous two weeks. Amazon gained 1.47%, ending the week down 0.34%, having also faced drops of 2.75% and 5.84% earlier. Nvidia increased by 0.69% but recorded a cumulative weekly decline of 4.13%, continuing from last week’s 8.75% drop. Apple rose 0.22%, with a week-to-date decrease of 2.83%, following a 2.7% drop the week before. Google’s A shares decreased by 0.17%, with a cumulative weekly drop of 6%, having fallen 2.9% and 4% in the two prior weeks. Tesla fell 0.2%, totaling an 8.11% decline for the week, after drops of 1.

The three major indices mostly closed lower as investors continued to sell off technology stocks while buying blue-chip and small-cap stocks. The US economy remained strong in the second quarter, inflation eased, and expectations for interest rate cuts in September were unaffected. As of the close, the Dow Jones Industrial Average rose by 81.20 points, an increase of 0.20%, closing at 39,935.07 points; the Nasdaq Composite declined by 160.69 points, down 0.93%, ending at 17,181.72 points; and the S&P 500 index fell by 27.91 points, a decrease of 0.51%, closing at 5,399.22 points. The Nasdaq and S&P 500 experienced their third consecutive day of declines. Nvidia (NVDA.US) rose by 1.180 (+1.051%) but fell 1.7%, Google (GOOG.US) decreased by 0.750 (-0.443%) and dropped over 3%, while

U.S. stock indices rebounded collectively, with blue-chip stocks leading the performance. The Dow Jones Industrial Average surged over 1.6% at one point, the Russell 2000 small-cap stocks rose over 2% before trimming gains, the Nasdaq climbed more than 1%, and the S&P 500 gained nearly 1.2%. Semiconductor stocks saw a broad increase, with Nvidia nearly reaching a 3.5% gain before a sharp decline that erased more than half of its gains. Digital currency-related stocks surged across the board ahead of Trump's speech over the weekend. New Oriental's gains expanded to over 5%, while 3M's U.S. shares soared over 17%. On Friday, July 26, U.S. stock indices collectively rebounded, with blue-chip stocks showing the best performance. The Russell 2000 small-cap index saw its gains stretch beyond

On Friday (July 26), during the latter part of the European market, the yield on Germany's 10-year government bonds fell by 1.0 basis point to 2.407%. After the release of the U.S. Federal Reserve's favored PCE inflation index at 20:30 Beijing time, it significantly retraced and turned negative, accumulating a drop of 6.0 basis points for the week, with an overall fluctuation exceeding 10 basis points. The yield on Germany's 2-year bonds decreased by 1.2 basis points to 2.622%. When the U.S. PCE inflation data was released, it reached a daily high of 2.669% but then fell to a daily low of 2.6%. This segment has seen a weekly decline of 15.9 basis points and a total fluctuation of 25 basis points; the yield for 30-year German bonds dropped by 0.2 basis points to 2.627%. The 2/10 year German

Honeywell is considering a potential IPO for its quantum computing company, Quantinuum, as early as next year. According to informed sources, the company is exploring the feasibility of an IPO in the U.S. by 2025. Honeywell has engaged in preliminary discussions with several banking institutions regarding this potential IPO. The company is contemplating a valuation of $10 billion for Quantinuum's U.S. IPO. Honeywell holds a majority stake in the quantum computing firm Quantinuum.

The S&P 500 Index closed down 39.59 points, a decrease of 0.71%, finishing at 5505.00 points. Since reaching an all-time closing high of 5667.20 points on July 16, it has experienced three consecutive days of pullback, totaling a drop of 1.97% for the week. The Dow Jones Industrial Average fell by 377.49 points, or 0.93%, closing at 40287.53 points. It has pulled back from historical closing highs for two straight days, with a cumulative decline exceeding 910 points, representing a drop of over 2.20%, while gaining 0.72% this week. The NASDAQ Composite Index decreased by 144.28 points, or 0.81%, ending at 17726.94 points, reflecting a 4.94% retreat since its all-time closing high on July 10, with an overall weekly decline of 3.65%. The NASDAQ 100 Index fell by 182.47 points, or 0.93%,

Tesla closed down 4.02%, bringing its total decline for the week to 3.64%; NVIDIA dropped 2.61%, with a cumulative weekly loss of 8.75%, marking its largest single-week drop since April 19, when it fell 13.59% over the course of the week; Microsoft fell 0.74%, with a total decline of 3.62% for the week, marking its second consecutive weekly drop; Amazon decreased by 0.34%, resulting in a total dip of 5.84% for the week, also its second consecutive decline; Google A shares slipped 0.02%, accumulating a 4.00% decrease for the week, continuing a two-week drop; Apple saw a slight increase of 0.06%, but still showed a cumulative weekly loss of 2.70%. After reaching an intraday all-time high of $237.23 on Monday, July 15, the stock has been on a downward trend; Meta rose 0.20%, resulting in a to

The European STOXX 600 index closed down 0.77% at 510.03 points, marking its fifth consecutive trading day of decline, with a total drop of 2.68% for the week, having fallen below both the 50-day and 100-day moving averages. The Eurozone STOXX 50 index fell by 0.88% to 4827.24 points, also down for five days in a row, with a weekly decline of 4.28%, sliding below the 50-day and 100-day moving averages on Monday (July 15). The FTSE EPRA/NAREIT Europe 300 index decreased by 0.72% to 2021.04 points, with a total weekly decline of 2.77%. Among the blue-chip stocks in the Eurozone (comprising the Eurozone STOXX 50 index), Infineon fell by over 3.9%, while Bayer, Munich Re, BASF, Adidas, Adyen, Prosus, Stellantis, and Pernod Ricard fell between 2.63% and 2.01%. Conversely, Luxottica, in which Ma

Bernard Arnault, founder of LVMH Group, lost the title of the world's richest man. In early July, Francoise Bettencourt Meyers of L'Oréal also lost the title of the world's richest woman to Alice Walton, the founding family behind Walmart. Overall, so far in 2024, the wealth of about six super-rich people in the luxury sector has evaporated by more than 4%, or about $17 billion by the close of July 15. In contrast, the wealth of others on the world's top 500 richest list increased by $1.0 trillion, or 13%, during the same period. This gap is the largest since May 2022.@