Direct Trading Technologies LTD
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In a recent interview with Bloomberg, Thomas Lee, Managing Partner and the Head of Research at Fundstrat Global Advisors, said the S&P 500 will soar 175% to 15,000 by 2030. 🚀 📈"I think we try to look at a normalized situation, and in a normalized world, if this is a normal S&P cycle following demographics…S&P should be potentially 15,000 by the end of the decade. To me, as you move into a longer timeframe that's probably where I think we're moving towards," Lee said.Do you agree with Lee? Let us know in the comments👇
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Direct Trading Technologies LTD
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Trade your favorite financial instruments confidently with a global broker licensed in the United Kingdom, United Arab Emirates, and Colombia.Open an account today and enjoy zero commission, tight spreads, and exceptional support.Visit our website to learn more www.gobaldtt.com.#DirectTT #FinancialMarkets #Trading
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Volkswagen Group yesterday announced that it plans to invest up to $5 billion in the electric vehicle startup Rivian.Rivian's shares (NASDAQ: RIVN) surged over 50% during after-hours trading on Tuesday. Rivian's stock closed at $11.96 per share on Tuesday, down about 49% in 2024.This deal is expected to help Rivian become cash flow-positive, said Rivian CEO and founder RJ Scaringe during an investor call on Tuesday night.#Rivian #Volkswagen
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Nvidia (NASDAQ: NVDA) is making a significant move into the Middle East and North Africa by partnering with Qatari telecom giant Ooredoo.This partnership represents Nvidia’s first major expansion into the region, offering local businesses and governments direct access to its highly sought-after AI and graphics processing technology. #Nvidia #NVDA
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📊 Check below for key financial earnings and economic events happening next week. Monday, June 24, 2024Earnings:Naspers ADR (NPSNY) 37BEnerpac Tool Group (EPAC) 2.09BTuesday, June 25, 2024Key Events:USDCB Consumer Confidence (Jun)Earnings:FedEx (FDX) 61.05BAlimentation Couche Tard Inc (ANCTF) 53.33BWednesday, June 26, 2024USDNew Home Sales (May)Earnings:Micron (MU) 169.93BPaychex (PAYX) 45.16BThursday, June 27, 2024USDDurable Goods Orders (MoM) (May)USDGDP (QoQ) (Q1)USDInitial Jobless ClaimsEarnings:Nike (NKE) 143.06BMcCormick&Co (MKC) 18.25BFriday, June 28, 2024GBPGDP (YoY)GBPGDP (QoQ)USDCore PCE Price Index (YoY) (May)USDCore PCE Price Index (MoM) (May)USDChicago PMI (Jun)Earnings:Greenbrier (GBX) 1.6BVirtus Dividend Interest & Premium Strategy Fund (NFJ) 1.15B
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Nvidia (NASDAQ: NVDA) shares rose by 3.6% yesterday, increasing its market cap to $3.34 trillion, surpassing Microsoft's $3.32 trillion valuation. Apple dropped to third position with a market cap of $3.29 trillion.Nvidia shares have surged over 170% this year, boosted further by strong first- quarter earnings reported in May. Since the end of 2022, the stock has increased more than ninefold, coinciding with the rise of generative artificial intelligence.#Nvidia #NVDA #Microsoft #Apple #MarketCap
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Direct TT wishes you a joyous and blessed Eid al-Adha filled with happiness, peace, and prosperity.#EidMubarak #DirectTT #EidAlAdha
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📊 Check below for key financial earnings and economic events happening next week. Monday, June 17, 2024Earnings:Lennar (LEN) 42.76BLennar B (LENb) 42.76BTuesday, June 18, 2024Key Events:AUDRBA Interest Rate Decision (Jun)EURCPI (YoY) (May)USDCore Retail Sales (MoM) (May)USDRetail Sales (MoM) (May)Earnings:Ashtead Gro (ASHTY) 30.61BKB Home (KBH) 5.27BWednesday, June 19, 2024GBPCPI (YoY) (May)NZDGDP (QoQ) (Q1)Earnings:China Resources Beer Holdings Co Ltd ADR (CRHKY) 12.76BH B Fuller (FUL) 4.28BThursday, June 20, 2024CHFSNB Interest Rate Decision (Q2)GBPBoE Interest Rate Decision (Jun)USDInitial Jobless ClaimsUSDPhiladelphia Fed Manufacturing Index (Jun)USDCrude Oil InventoriesEarnings:Accenture (ACN) 177.5BKroger (KR) 36.47BFriday, June 21, 2024USDS&P Global US Manufacturing PMI (Jun)USDS&P Global Services PMI (Jun)USDExisting Home Sales (May)USDFed Monetary Policy ReportEarnings:FactSet Research (FDS) 15.35BCarMax (KMX) 11.46B
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