Beat the street: Fed rate cut timing; Disney shares indicated lower; Boeing Starliner
Bad news is good news? Markets look for souring data in the hope that this will encourage the Fed to cut rates. Disney posts a surprise profit in streaming entertainment and raises its outlook so why is its stock falling?
Plus, Boeing’s Starliner capsule's first crewed flight has been delayed over a rocket glitch.
(AI Video Summary)
Disney
In today's edition of "Beat the street", Angeline Ong focuses on anticipating Wall Street's performance with a keen eye on Federal Reserve rate cuts, key company updates, and technical analysis trends. Despite Disney's unexpected progress in streaming and retail sectors, its shares experienced a downturn.
Boeing
Boeing faces delays with its Starliner capsule's first crew flight alongside FAA inquiries, affecting its stock.
Palantir
Palantir reports an optimistic 2024 outlook due to AI demand, though its share price dipped post-announcement.
Apple
Apple makes strides in AI chip development with Taiwan Semiconductor, aiming to enhance its server infrastructure, contrasting with NVIDIA's market performance.
Occidental Petroleum
Occidental Petroleum anticipates a Q1 profit drop due to lower gas prices, illustrating sector-wide challenges. Oil prices see fluctuations amid geopolitical developments.
The video covers significant corporate developments, market trends, and the impact of external factors on stock performance, offering comprehensive insights for finance enthusiasts.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
Seize a share opportunity today
Go long or short on thousands of international stocks.
- Increase your market exposure with leverage
- Get spreads from just 0.1% on major global shares
- Trade CFDs straight into order books with direct market access
Live prices on most popular markets
- Forex
- Shares
- Indices
