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Business Insider 56m

Why one economist says Elon Musk has turned Tesla into a meme stock

"From the standpoint of Wall Street speculators, it is a bouncing ball in a roulette wheel: a tech-bubble casino play," J. Bradford DeLong wrote.

Read the story

Business Insider 22h

Trump says he wants huge tariffs if elected. That could send inflation spiking.

In an interview with Time Magazine, Trump pushed back on the widely held idea that tariffs on overseas nations will cause inflation in the US.

Business Insider 22h

AI stocks plunge after AMD gives weak forecast for chip sales

Shares of Super Micro Computer, AMD, and Nvidia erased a collective $143 billion in market value on Wednesday.

Business Insider 1d

'Tough near-term setup': Here's what Wall Street expects from Apple's 2nd-quarter earnings

JPMorgan said investor expectations could be so bad that even a slight revenue miss from Apple could spark a turnaround in the stock price.

Markets Now May 02, 2024

Stocks All Stocks

Business Insider 2h

The stock market's sell-off is over and the Fed gave 5 bullish signs to investors at its latest meeting, Fundstrat's Tom Lee says

The Fed looks increasingly dovish, setting stocks up for a gain in May, according to Fundstrat's head of research Tom Lee.

Business Insider 3h

Stock market today: Indexes edge up after Fed and as trader eye Apple earnings

Stocks were up on Thursday. Investors are bracing for earnings from Apple, with expectations mixed ahead of the tech titan's results.

Business Insider 20h

Stock market today: Indexes mixed after Fed meeting as Powell calms nerves over possible hike

The Federal Reserve's next policy move is "unlikely" to be a rate hike, Chairman Jerome Powell said after the FOMC meeting on Wednesday.

Business Insider 21h

Amazon stock has 17% upside as earnings reveal a 'new era' of profits for the tech titan, Bank of America says

Amazon reported earnings this week that beat Wall Street estimates, and BofA says there's more growth in store for the tech behemoth.

Business Insider 21h

Wall Street needs a new rhyme for 'sell in May and go away'

Fundstrat's Tom Lee crunched the numbers and found that since 1985, "May has been a surprisingly good month" for the stock market.

Earnings Thursday 05/02/2024Calendar

Company	Event	Date	Info
Apple Inc.	Q2 2024 Earnings	05/02/2024	News
Novo Nordisk A-S Bearer and-or registered Shs -B-	Q1 2024 Earnings	05/02/2024	News
Shell (ex Royal Dutch Shell)	Q1 2024 Earnings	05/02/2024	News
Rounderway PLC Registered Shs	Q1 2024 Earnings	05/02/2024	News
ConocoPhillips	Q1 2024 Earnings	05/02/2024	News

Dow Jones
S&P 500
Nasdaq 100

Biggest Gainers

4.00%

Boeing Co

178.32

AMZN

1.94%

Amazon.Com

182.48

AAPL

1.84%

Apple

172.41

NKE

1.52%

Nike -B-

91.71

UNH

1.24%

Unitedhealth Gro

490.13

Biggest Losers

MMM

-1.46%

97.00

DOW

-1.28%

Dow

56.50

JPM

-1.13%

JPMorgan Chase

189.69

JNJ

-1.12%

Johnson&Johnson

149.49

HON

-0.79%

Honeywell Intl

193.75

Indices All Indices

Business Insider 23h

A contrarian stock market indicator is on the verge of flashing a 'buy' signal, Bank of America says

Bank of America's contrarian stock market indicator is just three percentage points away from flashing a bullish reading.

Business Insider 23h

Crypto investor 'bitcoin Jesus' arrested and charged by the Justice Department with $48 million tax evasion

"Bitcoin Jesus" was arrested in Spain this week on charges including mail fraud and tax evasion.

Business Insider 1d

Bitcoin will drop 13% to $50,000 after falling below a key support level as macro drivers slow, Standard Chartered says

Bitcoin has fallen past the ETF purchase price of around $58,000, putting over half of ETF positions underwater, Standard Chartered wrote.

Biggest Gainers

BVQ

3.27%

BVQ

1,170.89

IBC

1.03%

IBC

62,726.82

Shanghai Composite

0.79%

Shanghai Composite

3,113.04

COMPX

0.70%

NASDAQ Comp.

15,715.43

RUT

0.65%

Russell 2000

2,010.60

Biggest Losers

EGX30

-8.30%

EGX30

25,270.55

IBEX 35

-2.22%

IBEX 35

10,854.40

VIX

-2.21%

VIX

15.05

TecDAX

-1.04%

TecDAX

3,239.82

PX1

-0.88%

CAC 40

7,914.65

Bonds All Bonds

U.S. Treasuries	Price Change	Yield %	Time
U.S. Rates 3 Months	0.05	5.26	5/2/24 01:44 AM
U.S. Rates 2 Years	-1.36	4.96	Official Close 5/1/2024
U.S. Rates 10 Year	-1.09	4.63	Official Close 5/1/2024
U.S. Rates 30 Year	-0.69	4.75	Official Close 5/1/2024

Currencies All Currencies

-0.09%

1.0704

12:20:28 PM

-0.98%

153.7650

12:20:25 PM

-0.15%

1.2506

12:20:28 PM

1.29%

59,046.75

12:11:00 PM

0.42%

2,983.32

12:10:00 PM

Commodities All Commodities

Metals

-0.77%

2,300.33

-0.49%

26.53

-1.83%

9,790.50

-1.85%

18,618.50

-1.00%

936.00

Energy

-0.44%

78.77

-0.16%

83.45

5.33%

2.03

-0.82%

64.19

4.85%

108.00

Agriculture

-1.10%

0.79

-1.30%

3.80

-0.91%

2.18

0.11%

18.29

Business Insider 1d

Stock market today: US stocks fall ahead of Fed decision

The outlook for Fed rate cuts continues to sour, with markets now pricing in just 1-2 cuts by the end of 2024.

Business Insider 1d

Stock market today: futures drop after Starbucks and McDonald's misses

US stock futures slid on Wednesday as Amazon's evidence of strong AI demand was tempered by signs of consumer weakness at Starbucks and McDonald's.

ETFS All ETFS

Stocks
VanEck Gold Miners ETF	18.21%
VanEck Junior Gold Miners ETF	18.97%
Energy Select Sector SPDR® ...	10.97%

Bonds
iShares Core U.S. Aggregate...	-2.56%
Vanguard Intermediate-Term ...	-2.64%
SPDR® Portfolio Long Term C...	-5.21%
Vanguard Short-Term Bond In...	-0.68%
Invesco Emerging Markets So...	0.14%

Commodity Funds
Invesco DB Commodity Index ...	3.68%
United States Brent Oil Fun...	8.44%
Goldman Sachs Physical Gold...	12.85%
VanEck Merk Gold Trust	12.44%
iShares® Gold Trust Micro	12.90%

*Most traded ETFs, Performance 3 months