The thing is that the first of the above factors began to weaken. In his testimony before the House Financial Services Committee, Mr. Powell suggested that interest rates needed to rise to address U.S. economic growth and contain price pressures. He reiterated the Fed's determination to bring inflation back down to its 2% target and indicated that further rate hikes could be expected by the end of the year [against the previous hope-driven consensus]. He noted, however, that lowering inflation m
[Smile] [Smile] [Smile] [Smile] //@Alice Arnault:@AcidIce i will stay on the optimistic side. The current decrease is somewhat of a cyclical process where there was a increase purchase during covid and the stocks will deprecate, secondly there is a lack of applications which need better devices. Look at cars, bags etc, there are millions of units sold everyday so long as the value provided exceeds what is desired
Apple Q2 Earnings Preview: Revenue Expected to Drop Again, With Macs Leading Decline
Apple (AAPL) will report its fiscal Q2 earnings after the bell on Thursday with the tech giant expec
"Buy the rumor🗣🗣, sell the news📰” is a trading strategy that can be used by traders eyeing short-term profits. ✅ In this strategy, traders buy a security based on speculation about an upcoming 📰 event & sell the security when that 📰 is announced. ❌ Disadvantages of the strategy include lack of accuracy & potential loss of opportunity on decisions not made quickly enough💸💸💸 ➡️ A common example of “Buy the 🗣🗣, sell the 🗞🗞🗞” in the stock market is trading based on the expectation of a company's quarterly earnings report. Perhaps there's a rumor that a company is expected to provide more revenue to shareholders than previously thought. In that case, traders will buy the stock quickly to take advantage of increased dividends or stock prices. Once the company has its earnings call or mak