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  • Stocks Rally Stalls, Eyes Powell Testimony For Rate Clues

    Stocks Rally Stalls, Eyes Powell Testimony For Rate Clues0

    Global shares drifted on Monday, consolidating gains after hitting a 14-month high last week, as investors awaited testimony from U.S. Federal Reserve Chair Jerome Powell in markets that remain dominated by monetary policy bets. The MSCI’s broad gauge of world stocks was steady, with Wall Street markets closed for the Juneteenth holiday. In Europe, the

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  • 4 Big Analyst Picks: Accenture Upgraded To Neutral Ahead of Q3 Earnings

    4 Big Analyst Picks: Accenture Upgraded To Neutral Ahead of Q3 Earnings0

    Earlier this week, the company announced a $3 billion investment over three years in its Data & AI practice. The expansion includes new industry solutions, the AI Navigator for Enterprise platform, a Center for Advanced AI, and doubling their AI talent to 80,000 people. The company is set to report its Q3/23 earnings on June

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  • Nikkei Closes Above 33,000 For The First Time In 33 Years

    Nikkei Closes Above 33,000 For The First Time In 33 Years0

    Japan’s benchmark Nikkei gauge surged on Tuesday, closing over 33,000 for the first time in 33 years, led by technology shares on expectations of a flood of investment in chip-related companies. SoftBank Group Corp jumped 5.25% on reports it may team up on an AI venture with Chat GPT operator Open AI and that its

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