Stock Futures Drop, Oil Rises
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Global stocks will beat US equities over the next five years, according to Bank of America Corp.’s latest fund manager survey, adding evidence that investors increasingly see America’s market dominance as coming to an end.
Investors look to gauge the size of the chip maker’s opportunity in artificial intelligence. One Wall Street analyst argues it is still underestimated.
Follow all the latest U.S. market action for Tuesday here as stocks sit just shy of record highs despite turmoil in the Middle East and the Federal Reserve begins its two-day policy meeting.
US households are expected to scoop up a total of $425 billion in stocks this year, according to Goldman Sachs analysts.
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Financial concern is spiking among Americans, as 25.5 percent of the population fears a Wall Street meltdown, says report.
Amazon runs the largest e-commerce marketplace outside of China, and its market share in the United States is forecast to top 40% this year. It is the largest retail advertising company in the world with nearly 40% market share, and Amazon Web Services (AWS) is the largest public cloud with 29% market share in infrastructure and platform services.
Is KO stock currently overpriced, and is it possible that it could face a significant correction, perhaps by 25-30% or even 50% to below $40?
Stocks declined as oil prices skyrocketed on Friday, June 13, after Israel attacked Iran, one of the largest oil producers in the world. That means its data centers are purpose-built to support artificial intelligence (AI) training and inference,
FTSE 100 falls but oil shares rise after UK-US trade deal - Stock market reaction and business news from Tuesday