eToroInvestment @eToroInvestment: "🔔 𝗚𝗼𝗼𝗱 𝗠𝗼𝗿𝗻𝗶𝗻𝗴 𝗘𝘂𝗿𝗼𝗽𝗲 🔔 🔷..."

eToro

🔔 𝗚𝗼𝗼𝗱 𝗠𝗼𝗿𝗻𝗶𝗻𝗴 𝗘𝘂𝗿𝗼𝗽𝗲 🔔 🔷 Economic Events in Focus: Watch for the PCE data release on Friday, projecting slight growth. Other key metrics this week include consumer confidence, iFO, new home sales, and GDP. 🔹Earnings Watch: Major earnings reports from $FDX (FedEx Corporation), $NKE (NIKE), and $WBA (Walgreens Boots Alliance Inc) this week. Also, keep an eye on $MU (Micron Technology, Inc.), $CCL (Carnival Corp) . 🔹 $GOLD: Prices dropped as U.S. business activity spiked, boosting the dollar and bond yields. S&P Global U.S. Composite PMI reached a 26-month high, reversing gains driven by previous rate cut expectations. 🔹 $SPX500: The S&P 500 extended its winning streak to three weeks, increasing by 0.61% to close at 5,464.62 points. 🔹 $DIA.US: The Dow Jones Industrial Average saw its best weekly performance since May, rising 1.45%. 🔹 Crypto: Cryptocurrency-related stocks, including $RIOT (Riot Platforms Inc) and $COIN (Coinbase Global Inc), faced major losses this week. 🔹 $NVDA (NVIDIA Corporation): Nvidia's shares fell again, compounding previous losses despite being up 150% year to date. 🔹 $SRPT (Sarepta Therapeutics Inc): Sarepta Therapeutics' stock surged 30% following FDA approval of its gene therapy, Elevidys, for Duchenne muscular dystrophy. 🔹 $HTZ (Hertz Global Holdings Inc): Hertz Global's shares climbed 16% after increasing its bond offering to refresh its vehicle fleet. 🔹 $ASAN (Asana): Asana announced a $150 million share buyback plan, signaling confidence in its financial health. 🔹 $GILD (Gilead Sciences Inc): Gilead Sciences experienced a stock rise after its HIV prevention shot proved 100% effective in a pivotal trial. 🔹 $PANW (Palo Alto Networks): Palo Alto Networks' shares gained after D.A. Davidson started coverage with a 'buy' rating, highlighting its market potential. 🔹 $TREE (LendingTree Inc): LendingTree's shares dropped following a cyberattack on Snowflake, which compromised consumer data. . 🔹Carnival Earnings Preview: $CCL is set to report its mid-year results this Monday, potentially impacting the cruise industry amidst operational challenges. 🔹Nike Earnings Preview: $NKE to reveal its earnings Tuesday, focusing on key metrics and potential margin improvements. ⚠️Please note, this is not investment advice. ⚠️ Past performance is not indicative of future results.