NZD/USD Consolidates Its Gains Near 0.6200 Amid Weaker US PMI Data

TalkMarkets - Mon, 06/03/2024 - 21:20
The NZD/USD pair consolidates its gains near 0.6190 on Tuesday during the early Asian session. The worse-than-expected US ISM Manufacturing PMI data has dragged the Greenback lower and supported the pair.

Is The "Bad News Is Bad News" Narrative Gaining Ground ?

TalkMarkets - Mon, 06/03/2024 - 21:00
Reflecting the latest signals of a slowing U.S. economy, U.S. stocks ended Monday with a mixed performance.

Current Analysis: Telefonaktiebolaget L M Ericsson

TalkMarkets - Mon, 06/03/2024 - 20:40
Ericsson (ERIC) provides telecom equipment and services that are primarily used to build and facilitate mobile networks. Over the past year, Ericsson's share price grew just about 21.6% from $5.15 to $6.26 as of Monday’s market close.

ETFs Worth A Look On Russell Indexes' Shake-Up

TalkMarkets - Mon, 06/03/2024 - 20:20
The popular Russell indexes are set to get the customary new look this month. Every year, on the fourth Friday of June, the Russell 1000, Russell 2000, Russell 3000, and other Russell indexes undergo a rebalance.

These 3 Tech Companies Recently Broke Quarterly Records

TalkMarkets - Mon, 06/03/2024 - 20:00
The Q1 earnings season has slowly winded down, with just a few S&P 500 companies yet to deliver their Q1 results at this stage. And concerning positivity, all three companies – Nvidia, Apple, and Vertiv – posted quarterly records.

Top Stock Picks For Week Of June 3, 2024

TalkMarkets - Mon, 06/03/2024 - 19:40
Shares of Goldman have outperformed the industry in the past six months. NVIDIA is benefiting from the strong growth of artificial intelligence (AI), high-performance, and accelerated computing.

Stocks Slide, Bonds Bid As Crude Crumbles

TalkMarkets - Mon, 06/03/2024 - 19:20
With the earnings season mostly over, traders will shift their attention to whether inflation is heating up again or continuing to decelerate. 

Stocks And Precious Metals Charts - Uncommitted In Babylon

TalkMarkets - Mon, 06/03/2024 - 19:00
Yet another interesting day in the risk markets, as stocks dropped sharply earlier in the day, but then gradually rallied in the quiet of the afternoon, to close unchanged or even positive.

Did An AI-Generated Bloomberg Report Just Send Berkshire Hathaway To Zero?

TalkMarkets - Mon, 06/03/2024 - 18:40
Trading on the NYSE had been halted due to a ”technical glitch” that sent Berkshire Hathaway to zero, and they’re claiming it’s because of issues with the limit up and limit down bands that are used to halt trading when stock becomes too volatile.

Downward Debt

Seeking Alpha - Mon, 06/03/2024 - 18:40

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