The communication space appears well-positioned to capitalize on the healthy demand trends driven by the rapid deployment of 5G and the transition to cloud and fiber network infrastructure upgrades. Here are stocks that may gain from these trends.
Just when investors began to hope for progress on the global trade front, President Trump reignited tensions with new threats of unilateral tariffs. That announcement sent a shiver through financial markets, and especially through the Nasdaq 100.
IDEX Corporation is showing signs of completing its wave correction within a broader bullish Elliott Wave cycle. The pullback in the stock could soon come to an end and set the stage for a bullish reversal.
Adobe's stock had a rough week, as it closed at $391.68 on June 13. This marked a steep 5.32% decline for the day and a 6.05% drop over the previous five trading sessions. The pressure only continued after hours.
China has granted temporary export licenses to rare-earth suppliers of the top three U.S. automakers as supply chain disruptions have begun to surface. Additionally, Tesla has upgraded its Model S and Model X cars in the U.S.
Crude oil traded up 14% on Thursday night as the Israeli attack unfolded. Some opportunistic hedging by producers trimmed those gains during the day. Energy stocks, as usual, responded positively. The effect on midstream has been more subtle.
Global leading indicators were seen stabilizing midway through Q2, exposing the tension between macroeconomic forecasts and incoming data that suggest the trade wars, or at least the most deleterious effects of this threat, are a thing of the past.
Elon Musk has drawn criticism for attributing the murder of a Minnesota lawmaker to the "far left," a claim that was even refuted by his own AI chatbot, Grok.
A breakthrough in the US-China financial battle led to a recovery in most financial markets at the beginning of the week. However, escalating tensions between Israel and Iran shut down any potential surge on Friday.
