The market got an expected boost from Nvidia — though traders mispriced the stock’s options again
Traders have been overly optimistic about Nvidia’s post-earnings moves. The S&P 500’s potential is much clearer. Source link
Ijaz
Focus will be on US PCE, German CPI
The US Dollar (USD) traded on the back foot following quite a volatile day, weighed down by the resurgence of trade uncertainty along with disappointing data releases from the US labour market. Here’s what to watch on Friday, May 30: The US Dollar Index (DXY) ended Thursday’s session in the area of two-day lows near … Read more
My father-in-law has dementia and is moving in with us. Can we invoice him for a caregiver?
“Do we have an obligation to provide my wife’s troubled sibling with an accounting of my father-in-law’s expenses?” Source link
Dow Jones whipsaws after tech rally crashes against tariff ruling
The Dow Jones soared in overnight trading after Q1 Nvidia (NVDA) earnings beat the street again. Federal courts axed Trump’s “reciprocal” tariffs, citing misappropriation of national security laws. Equities fizzled during pre-market trading as investors await to see how the Trump administration will react. The Dow Jones Industrial Average (DJIA) whipsawed through the overnight session … Read more
E.l.f. Beauty’s stock is on pace for record rally, as analysts debate whether uncertainty is a ‘blessing in disguise’
E.l.f. said in an Instagram post this month that it would raise its prices by $1 starting in August as it tries to manage inflation and tariffs. Source link
Gold surges above $3,300 as US jobs data disappoints, Trump tariffs blocked
XAU/USD jumps 0.94% after weak labor report despite court ruling against Trump tariffs. Initial Jobless Claims rise above estimates, increasing pressure on Fed to consider rate cuts. US GDP confirms Q1 contraction; US Dollar tumbles, fueling safe-haven demand for Bullion. Court ruling nullifies Trump tariffs, boosting risk appetite and weighing on Greenback. Gold price bounced … Read more