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Inflation Jumps...But So Do Tech Stocks
MoneyShow78d agobullish
Inflation Jumps...But So Do Tech Stocks

Yesterday’s inflation report showed the highest year-over-year reading in almost three years. Even after stripping out energy prices, core PCE is sitting at a multi-year high. But investors have still been looking through the data and leaning into the tech trade, observes Bret Kenwell, US investment analyst at eToro US.

SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.
24/7 Wall St.93d agobullish
SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.

Dave Nadig, the longtime ETF analyst, went on Barry Ritholtz’s Masters in Business: At The Money podcast and described the upcoming SpaceX IPO as “one of those get-the-popcorn moments in markets.” The reason centers on index plumbing that most passive investors never think about. NASDAQ is reportedly waiving its standard six-month seasoning period so SpaceX ... SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.

Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High
Benzinga94d agobullish
Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High

Tech stocks ripped higher on Wednesday despite a sharply hotter-than-expected April Producer Price Index reading that rekindled inflation anxieties and rate-hike fears, as strength in semiconductors fueled investor sentiment. Nvidia Corp. (NASDAQ:NVDA) rallied for the sixth straight session to above $226 per share, with the company’s market cap soaring above $5.5 trillion ahead of next week’s highly awaited earnings report. Speaking via Truth Social shortly before landing in Beijing, Trump told