The specter of recession looms as rising unemployment, despite robust job growth, triggers a reliable predictor, fueling investor anxiety and raising questions about the Federal Reserves timing in combating inflation.
Global markets are experiencing a surge driven by US economic optimism, positive corporate earnings, and anticipation of potential interest rate cuts by major central banks.
Under pressure from an activist investor, Autodesk raises its earnings forecast, exceeding expectations and signaling a potential shift in its financial strategy.
Nvidias disappointing revenue forecast casts a shadow on the AI boom, leaving investors apprehensive about the sustainability of the rally and the valuation of AI stocks.