This week, investors focus on key events including the May Consumer Price Index report, Apple's Worldwide Developers Conference, and the highly anticipated SpaceX IPO. Inflation data will influence Federal Reserve policy outlook amid strong jobs numbers. Apple's event may boost its stock with AI updates, while SpaceX aims to raise $75 billion in one of the largest IPOs ever. Earnings from Oracle, Adobe, and Lennar will shed light on tech spending and housing trends, with Nvidia CEO's testimony on export controls also in focus.
The Technology Select Sector SPDR Fund (XLK) gained 34% in five months, outperforming the S&P 500's 11%, mainly due to heavy concentration in NVIDIA and Apple, which together make up over 28% of the fund. NVIDIA's explosive AI-related revenue growth ...
The Technology Select Sector SPDR Fund (XLK) surged 34% in five months, outperforming the S&P 500's 11% gain, largely due to heavy concentration in NVIDIA and Apple, which together make up over 28% of the fund. NVIDIA's explosive AI-driven revenue gr...
This monthly series highlights five large-cap, dividend-paying stocks trading at significant discounts compared to their historical norms, selected from over 7,500 U.S.-listed companies. The primary list offers an average yield of 4.2%, with two addi...
At its Worldwide Developers Conference on June 8, Apple will showcase a major update to Siri, integrating Google's Gemini AI model. This revamped Siri aims to be smarter and more context-aware, marking a critical step in Apple's AI strategy. The upda...
Jim Cramer warned that rising interest rates, high oil prices, and a surge of AI-related stock offerings, including the upcoming SpaceX IPO, could continue to pressure the stock market. He noted that investors might struggle to push markets higher as...
