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'Magnificent 7' Stocks Fade As NVDA Becomes World's Largest Company... Ever
18.06.2024, 22:01 Uhr. ZeroHedge News - https: - 'Magnificent 7' Stocks Fade As NVDA Becomes World's Largest Company... Ever In an attempt to not bury the lead, NVDA continued its irrepressible charge higher (up $375 BN in the last week, up $1.44 TN in the last two months, and up $2.2 TN YTD)... Source: Bloomberg ... topping MSFT and AAPL as the world's largest market cap company... ever... Source:...
CBO Figures Out How To "Math", Raises 2024 US Budget Deficit By $400BN To $1.9 Trillion
18.06.2024, 21:01 Uhr. ZeroHedge News - https: - CBO Figures Out How To "Math", Raises 2024 US Budget Deficit By $400BN To $1.9 Trillion This should come as a shock to exactly nobody. Last week, the Treasury reported that in May, the US government collected $323.6 billion in tax receipts, it spent more than double that, or some $670 billion... ... resulting in a May budget deficit of $347 billion...
Holding And Hoping
18.06.2024, 16:40 Uhr. ZeroHedge News - https: - Holding And Hoping By Bnejamin Picton, Senior Macro Strategist at Rabobank Holding and Hoping US stocks reset record highs overnight as the NASDAQ rose 1.25% and the S&P500 closed up 0.77%. Even European stocks shook off the turmoil of the last few days to close higher. The EuroStoxx 100 was up 0.85%, the DAX rose 0.37% and the CAC40 rebounded from...
Futures Flat As Tech Stocks Rise For 7th Consecutive Day
18.06.2024, 14:10 Uhr. ZeroHedge News - https: - Futures Flat As Tech Stocks Rise For 7th Consecutive Day Futures are flat with gigatech naturally outperforming into today’s retail sales print where the expectations are for beats to resume after last month's sharp miss. As of 8:00am ET, S&P futures were completely flat, while Nasdaq futures were up for the 7th day in a row as it nudges toward the...
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