Brazil estimates GDP growth over 2%, inflation to converge to 3% this year, Lula says
reuters.com/world/americas/brazil-estimates-gdp-growth-over-2-inflation-converge-3-this-year-lula-says-2024-02-05/
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| Last Updated | Feb 05 |
| Total Articles | 1 |
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Brazil Inflation Slows More Than Expected Before Rate Decision: Brazil’s inflation cooled more than expected, giving the central bank room to maintain its ...
bloomberg.com/news/articles/2024-04-26/brazil-inflation-slows-more-than-expected-before-rate-decision
Ibovespa Rallies on Positive Inflation Signals: On Friday, the Ibovespa, Brazil's main stock index, soared, marking a significant upturn in its trajectory
riotimesonline.com/ibovespa-rallies-on-positive-inflation-signals/
Insights into Brazil’s April Inflation Slowdown: In April, inflation in Brazil experienced a significant deceleration, as evidenced by the IPCA-15 index ...
riotimesonline.com/insights-into-brazils-april-inflation-slowdown/
Friday’s Morning Call: Market Watch on Inflation and Vale Dynamics: This week, the Brazilian and U.S. financial markets brace for pivotal updates that could sway ...
riotimesonline.com/fridays-morning-call-market-watch-on-inflation-and-vale-dynamics/
Market Tensions Reflect in Ibovespa’s Minor Decline: In a day marked by mixed economic signals and internal corporate news, the Ibovespa index closed down ...
riotimesonline.com/market-tensions-reflect-in-ibovespas-minor-decline/
Wall Street's Stagflation Specter: Slow Growth Meets Rising Costs - The Rio Times
riotimesonline.com/wall-streets-stagflation-specter-slow-growth-meets-rising-costs/
Market Turbulence: Ibovespa Falls and Dollar Rises: Amidst a day of mixed fortunes on the Brazilian stock market, the Ibovespa, Brazil's primary stock index ...
riotimesonline.com/market-turbulence-ibovespa-falls-and-dollar-rises/
Market Forecasts Brazilian Economy to Grow Above 2% for the First Time: For the first time, Brazil's economy is set to grow over 2% in 2024 ...
riotimesonline.com/market-forecasts-brazilian-economy-to-grow-above-2-for-the-first-time/
Brazil Inflation Slows More Than Expected Before Rate Decision: Brazil’s inflation cooled more than expected, giving the central bank room to maintain its ...
bloomberg.com/news/articles/2024-04-26/brazil-inflation-slows-more-than-expected-before-rate-decision
Brazil’s XP Names New Finance Chief, Plans Changes to Board: XP Inc., one of Brazil’s largest brokerage firms, appointed Victor Mansur as its new chief financial ...
bloomberg.com/news/articles/2024-04-26/brazil-s-xp-names-new-finance-chief-plans-changes-to-board
LIVE: Indigenous people in Brazil mark 20 years in annual march to demand land, culture rights
twitter.com/i/broadcasts/1OyJAWQEnBWKb
Oliver Stone's 'Lula' Documentary to Premiere at Cannes: Oliver Stone documentary 'Lula' about Brazilian President Luiz Inácio Lula da Silva will ...
indiewire.com/news/festivals/oliver-stone-lula-documentary-cannes-1234976465/
Quick Glance: Oliver Stone's 'Lula' Documentary Premieres at Cannes
- Oliver Stone is unveiling his long-awaited documentary “Lula” at the 2024 Cannes Film Festival, capturing the incarceration and return to power of Brazilian President Luiz Inácio Lula da Silva.
- “Lula” joins the star-studded Cannes lineup alongside films from renowned directors like Paul Schrader, Francis Ford Coppola, Yorgos Lanthimos, and more.
- Stone had previously teased the film, emphasizing Lula Da Silva's dramatic journey from jail to a third term in power.
- Additional films added to the Cannes Special Screenings and Un Certain Regard program further enrich the festival's diverse selection of cinematic works.
Brazil Iron Ore Exports Seen Surging in 2024 If Rivers Stay High - Bloomberg: Brazil’s Corumba region could more than double iron ore shipments through ...
bloomberg.com/news/articles/2024-04-25/brazil-iron-ore-exports-seen-surging-in-2024-if-rivers-stay-high
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US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
Paid articlePaidQuick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Fire at Brazil guesthouse leaves at least 10 dead, 11 injured: At least 10 people died and 11 were injured in the early hours of Friday morning in a major fire ...
reuters.com/world/americas/fire-brazil-guesthouse-leaves-least-10-dead-11-injured-2024-04-26/
Planemaker Embraer CEO says supply chain has been improving: The chief executive of Brazil's Embraer said on Friday that supply chain issues impacting ...
reuters.com/business/autos-transportation/planemaker-embraer-ceo-says-supply-chain-has-been-improving-2024-04-26/
Petrobras shareholders approve payout of 50% of withheld dividends: Shareholders of Petrobras voted on Thursday for the Brazilian state-run oil firm to pay out ...
reuters.com/business/energy/petrobras-shareholders-approve-payout-50-withheld-dividends-2024-04-25/
About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
Kushner’s Affinity Takes Board Seat at Brazil Fast-Food Operator: Jared Kushner’s Affinity Partners joined the board of Brazilian fast-food operator Zamp SA ...
bloomberg.com/news/articles/2024-04-27/kushner-s-affinity-takes-board-seat-at-brazil-fast-food-operator
Brazil star Marta to retire from international soccer: Brazil and Orlando Pride star Marta will retire from international soccer this year ...
cnn.com/2024/04/26/sport/marta-retire-international-soccer-brazil-spt-intl/
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
Indigenous Brazilians Mobilize for Land Demarcation, Tribal Rights: Participants in the 20th Free Land Camp demanded that leftist Brazilian President Luiz Inácio ...
commondreams.org/news/terra-livre-brazil
Brazilian authorities bury deceased migrants who drifted in African boat to the Amazon
apnews.com/article/brazil-amazon-migrants-adrift-africa-mauritania-2c98d960650b4e57f145884b3a5abceb
Brazil Boosts Protections for Steelmakers by Imposing Import Quota System: Brazil is stepping up protections for its steelmakers amid an influx of cheap imports ...
bloomberg.com/news/articles/2024-04-23/brazil-joins-protectionist-wave-in-face-of-cheap-steel-imports
Brazil Analysts Raise Central Bank Selic Key Rate Forecasts for 2024, 2025: Brazil analysts lifted their benchmark interest rate estimates for this year and next ...
bloomberg.com/news/articles/2024-04-23/brazil-analysts-raise-key-rate-forecasts-for-this-year-and-next
Paid articlePaid Brazil Justice says no evidence Bolsonaro sought asylum in Hungarian embassy: Brazilian Supreme Court justice Alexandre de Moraes on Wednesday closed an ...
reuters.com/world/americas/brazil-justice-says-no-evidence-bolsonaro-sought-asylum-hungarian-embassy-2024-04-24/
Brazil Makes First Shipment of Ethanol to US Jet Fuel Plant: Brazilian company Raizen SA made the country’s first shipment of sugar-cane ethanol to be converted ...
bloomberg.com/news/articles/2024-04-22/brazil-makes-first-shipment-of-ethanol-to-us-jet-fuel-plant
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US economic growth slows but inflation grows: The world's largest economy grew less than expected but rising inflation may delay a rate cut.
bbc.com/news/business-68898432
Brazil's government submits rules to streamline consumption taxes: Brazil's government submitted proposed rules to Congress on Wednesday to carry out a historic ...
reuters.com/world/americas/brazils-government-submits-rules-streamline-consumption-taxes-2024-04-24/
Quick Glance: Simplification of Consumption Taxes in Brazil
- Brazil's government presented proposed rules to Congress to execute a groundbreaking tax reform.
- The reform's objective is to enhance productivity by simplifying Brazil's intricate tax system and converting five existing levies into a value-added tax (VAT).
- Incorporating a selective tax that targets products deemed harmful to the environment and health is also a component of the reform.
- The complete implementation of the new taxes is anticipated for 2033, potentially leading to reduced prices for popular consumer goods.
Brazil Tax Collection Loses Steam in Hurdle to Key Budget Target: Brazil’s tax collection lost steam according to official data published Tuesday ...
bloomberg.com/news/articles/2024-04-23/brazil-tax-collection-loses-steam-in-hurdle-to-key-budget-target
Paid articlePaid Top G20 Ministers Back 2% Wealth Tax for Global Billionaires | Common Dreams: "It is time that the international community gets serious about tackling ...
commondreams.org/news/wealth-tax
Brazil’s Fiscal Woes Ramp Up Pressure on Lula’s Finance Chief: From prison to the presidency, Brazil’s Luiz Inacio Lula da Silva has turned to one ally more than ...
bloomberg.com/news/articles/2024-04-22/brazil-s-fiscal-woes-test-lula-s-trust-in-his-political-heir
Paid articlePaid
Crisis in Brazil’s Congress Gives Lula $18.5 Billion in New Fiscal Headaches: Tensions between President Luiz Inacio Lula da Silva’s administration and Brazil’s ...
bloomberg.com/news/articles/2024-04-22/crisis-in-brazil-s-congress-gives-lula-18-5-billion-in-new-fiscal-headaches
Brazil's Bolsonaro rallies supporters in Rio: Former Brazilian President Jair Bolsonaro on Sunday rallied thousands of supporters in Rio de Janeiro in a bid to ...
reuters.com/world/americas/brazils-bolsonaro-rallies-supporters-rio-2024-04-21/
Quick Glance: Bolsonaro Mobilizes Supporters in Rio
- Former Brazilian President Jair Bolsonaro rallied thousands of supporters in Rio de Janeiro on Sunday to boost his political capital after losing a reelection bid in October 2022 and facing allegations of involvement in a coup.
- Bolsonaro, under investigation for undermining faith in Brazil's voting system, took the opportunity to praise Elon Musk and urged the crowd to applaud the billionaire.
- Brazil's federal police formally accused Bolsonaro of sowing doubts about his vaccination records during the COVID-19 pandemic, leading to potential criminal charges.
- Bolsonaro emphasized that his government never operated outside the bounds of the constitution and addressed accusations of involvement in manipulating decrees to overturn the 2022 election results.
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
UK court case launched over Brazil Iron mine project in Bahia: Brazil Iron calls itself a sustainable mining company. Local residents call its project a disaster ...
bbc.com/news/world-latin-america-68772590
Indigenous groups gathering in Brazil's capital to protest president's land grant decisions
apnews.com/article/brazil-indigenous-rights-lula-land-protest-9e22edcf10182921e05e7ad0c49af981
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Lula's South American summit plan unlikely in tense region, diplomats say: A diplomatic crisis in Ecuador and uncertainty over Venezuela's political future have ...
reuters.com/world/americas/lulas-south-american-summit-plan-unlikely-tense-region-diplomats-say-2024-04-25/
Nobel Economist Duflo Tells G-20 to Slap Climate Change Tax on Billionaires: Brazil has demanded that wealthy nations spend more to combat global warming. Now ...
bloomberg.com/news/articles/2024-04-17/nobel-economist-duflo-tells-g-20-to-slap-climate-change-tax-on-billionaires
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
UK court case launched over Brazil Iron mine project in Bahia: Brazil Iron calls itself a sustainable mining company. Local residents call its project a disaster ...
bbc.com/news/world-latin-america-68772590
Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
LATAM's share of Brazil airline market hits 11-year high as Gol drops: LATAM Airlines' share of Brazil's domestic market reached its highest level in 11 years in ...
reuters.com/business/aerospace-defense/latams-share-brazil-airline-market-hits-11-year-high-gol-drops-2024-04-22/
Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
Olive oil is getting harder to find and costing as much as 70 per cent more. Here’s why
smh.com.au/business/companies/olive-oil-is-getting-harder-to-find-and-costing-as-much-as-70-per-cent-more-here-s-why-20240419-p5fl8g.html
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
A portrait of rich privilege in Brazil: A Porsche and a deadly attack after a poker game
english.elpais.com/international/2024-04-26/a-portrait-of-rich-privilege-in-brazil-a-porsche-and-a-deadly-attack-after-a-poker-game.html
Lula Welcomes United Opposition in Venezuela Election Against Maduro: Brazil President Luiz Inacio Lula da Silva cheered the Venezuelan opposition’s decision to ...
bloomberg.com/news/articles/2024-04-23/lula-welcomes-united-opposition-in-venezuela-election-against-maduro
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
Musk Says ‘Brazilians Seek the Truth’ as X Tops Download Charts in Brazil: Elon Musk, the influential owner of the widely-used platform X, stands at the ...
riotimesonline.com/musk-says-brazilians-seek-the-truth-as-x-tops-download-charts-in-brazil/
Nine African migrants buried in secular ceremony in Brazil | Africanews: The 9 corpses likely Mauritanian and Malian migrants were found by Brazilian fishermen ...
africanews.com/2024/04/26/nine-african-migrants-buried-in-secular-ceremony-in-brazil/
Brazil woman wheels corpse into bank to sign for loan, is arrested: A woman in Brazil brought a 68-year-old man in a wheelchair into a bank branch and tried to ...
nbcnews.com/news/latino/brazil-woman-wheels-corpse-brazil-bank-sign-loan-arrested-rcna148271
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
Central banks of Turkey, Brazil sign cooperation deal: Turkey's central bank said on Saturday it had signed a memorandum of understanding with Brazil's central ...
reuters.com/markets/deals/central-banks-turkey-brazil-sign-cooperation-deal-2024-04-20/
Quick Glance: Turkey, Brazil Central Banks Establish Cooperation Agreement
- Turkey's central bank announced the signing of a memorandum of understanding with Brazil's central bank to enhance cooperation.
- The agreement was signed by the heads of both central banks in Washington.
- Additionally, the Turkish central bank signed a memorandum of understanding with its counterpart in Kazakhstan to strengthen collaboration.
- Both central banks aim to promote cooperation and conduct technical activities in the field of central banking.
Brazil's Petrobras could decide dividend payout at shareholders meeting April 25: Brazil's state-run oil firm Petrobras said that a proposal to disburse up to ...
reuters.com/business/energy/brazils-petrobras-could-decide-dividend-payout-shareholders-meeting-april-25-2024-04-20/
Investors raise bets on euro falling to parity with dollar: Eurozone borrowing costs seen as likely to fall first as strength of US economy lowers chance of ...
ft.com/content/700f0282-e939-4441-8093-6e012c39f4bd
Brazil Tops Latin America as the Prime Destination for Foreign Investment: Brazil has emerged as a major player for global investments, establishing itself as ...
riotimesonline.com/brazil-tops-latin-america-as-the-prime-destination-for-foreign-investment/
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
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Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...
thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/
Cotton certifier used by Inditex, H&M finds no evidence Brazil farms breached standards
reuters.com/business/retail-consumer/inditex-cotton-certifier-says-no-evidence-brazil-farms-breaching-standards-2024-04-23/
BOJ keeps ultra-low rates, projects inflation near 2% for years: The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
How Risky Is Japan’s Monetary-Policy Normalization? | by Takatoshi Ito - Project Syndicate
project-syndicate.org/commentary/bank-of-japan-monetary-policy-normalization-risks-by-takatoshi-ito-2024-04
Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year: J Sainsbury Plc expects a big jump in profit this year as the UK supermarket chain pulls in ...
bloomberg.com/news/articles/2024-04-25/sainsbury-s-expects-retail-profit-to-exceed-1-billion-this-year
By almost 20 percent: gas prices in Germany are rising again: The regular VAT rate for gas has been in effect again in Germany since the beginning of April. This ...
n-tv.de/wirtschaft/Gaspreise-in-Deutschland-steigen-wieder-article24889291.html
"Don't wait for an offer": Mesut Özil explains why he pumps up his body: Unlike Tim Wiese, Mesut Özil is not planning a trip to the wrestling ring ...
n-tv.de/sport/fussball/Mesut-Ozil-erklaert-warum-er-seinen-Koerper-aufpumpt-article24888412.html
BOJ to project inflation will stay around target, signal chance for rate hike: The Bank of Japan is expected to project inflation will stay around its 2% target ...
reuters.com/markets/asia/boj-project-inflation-will-stay-around-target-signal-chance-rate-hike-2024-04-22/
Hundreds of young supporters of Donald Trump lined up for his recent Green Bay, Wisconsin, campaign rally. The most common reason many are backing the former ...
reut.rs/49HtDgh
Singapore core inflation eases more than expected to 3.1% in March: Both core and overall inflation dipped from the previous month and came in well below analyst ...
straitstimes.com/business/singapore-core-inflation-eases-more-than-expected-to-31-in-march
Biden needs to face facts: He’s still losing to Trump : For President Biden and the Democrats, thing are looking ugly in November.
thehill.com/opinion/campaign/4604865-biden-needs-to-face-facts-hes-still-losing-to-trump/
The US economy is cooling off. Why experts say there's no need to worry yet: The economy slowed dramatically to start 2024.
abcnews.go.com/Business/us-economy-cooling-off-experts-worry/story
Raising a child in the US is getting even more expensive: The cost of raising a child in the U.S. has gotten exponentially more expensive, averaging about $21 ...
foxbusiness.com/economy/raising-child-us-is-getting-even-more-expensive
Dengue fever is surging in Latin America: The number of people who succumb to the disease has been rising for two decades
economist.com/the-americas/2024/04/25/dengue-fever-is-surging-in-latin-america
Paid articlePaid Rewilding the Digital Landscape: A New Vision for the Internet: In the digital realm, a movement is taking root, inspired by ecological "rewilding" ...
riotimesonline.com/rewilding-the-digital-landscape-a-new-vision-for-the-internet/
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
Surge in Brazilian Fish Exports: In early 2023, Brazil experienced a significant increase in fish exports, showcasing the strength of its aquaculture sector.
riotimesonline.com/surge-in-brazilian-fish-exports/
Poll: Election interest hits new low in tight Biden-Trump race: Amid a tight Joe Biden-Donald Trump race, the share of voters with high interest in the election ...
nbcnews.com/politics/2024-election/poll-biden-trump-tight-race-election-interest-low-rcna148170
Quick Glance: Poll: Election Interest Declines in Tight Biden-Trump Race
- The interest of voters in the election has reached the lowest point in two decades at this stage in a presidential race.
- The latest national NBC News poll reveals that the number of voters with high interest in the 2024 presidential election has nearly hit the lowest point in almost 20 years, with a majority holding negative views of President Joe Biden and former President Donald Trump.
- Inflation and immigration top the list of the country's most pressing issues, with only one-third of voters giving Biden credit for improving economic performance.
- The survey also highlights how the low voter interest and the independent candidacy of Robert F. Kennedy Jr. could potentially disrupt what has been a stable presidential contest with over six months until Election Day.
Twenty One Pilots Album ‘Clancy’ Delayed While They Film Videos for Every Single Song
rollingstone.com/music/music-news/twenty-one-pilots-album-clancy-delayed-1235008983/
New I Bond rates won't be tantalizing but they could be decent: Inflation has cooled from a recent peak of 9.1% in June 2022. I Bond rates have pulled back, too ...
freep.com/story/money/personal-finance/susan-tompor/2024/04/24/inflation-is-hot-but-not-enough-to-drive-i-bonds-to-sky-high-returns/73414755007/
Wall St gains after Friday sell-off, Mideast tensions subside: Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as ...
reuters.com/markets/us/futures-recover-after-friday-sell-off-mideast-tensions-ease-2024-04-22/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
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