CAC 40 opened lower amidst heightened political uncertainty in France post-legislative elections, with markets wary of economic impacts and government formation.
Author: Sevval Soylu (Sevval Soylu)
Tesla stock soars, completely recovering yearly declines with a 27% jump
Tesla's stock bounced back strongly this year, recovering with a 27% surge despite challenges in the electric vehicle market.
Bitcoin price- Bitcoin traders stay hopeful even as BTC price targets decrease
The text highlights Bitcoin's recent price volatility and analysts' cautious optimism for its recovery based on technical indicators like the 200-day EMA.
SP 500 news- S&P 500 and Nasdaq reach new record closings on optimistic data sparking rate cut expectations
The text summarizes market movements on July 3, 2024, noting record highs for the S&P 500 and Nasdaq due to positive economic data hinting at Fed rate cuts.
Disney stock- Analyst downgrade leads to 0.6% drop in Walt Disney (NYSE) shares
Walt Disney's stock fell 0.6% after Moffett Nathanson downgraded its price target from $130.00 to $125.00, maintaining a buy rating but affecting investor confidence.
Snow stock- Goldman reaffirms snowflake stock price target, adds to top picks
Goldman Sachs reaffirmed its buy rating on Snowflake with a $220 price target, highlighting the company's strong position in the cloud-based data platform sector.
Share market today open- Wall Street prepares for the second half with rising stock futures
The S&P 500 and Nasdaq indices, led by technology stocks, recorded significant increases compared to the previous quarter. Analysts anticipate continued momentum in the technology sector throughout the summer.