EUR/USD 1.15248
-0.732%
Gold 4318.68
-3.497%
Oil 88.549
-2.697%
USD/JPY 160.177
0.098%
GBP/USD 1.33372
-0.643%
GBP/JPY 213.636
-0.547%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On June 6th, company filings revealed that Google (GOOG.O) has agreed to pay SpaceX $920 million per month for computing power as part of a cloud services agreement that will last until mid-2029. SpaceX stated in a filing on Friday that Google will pay SpaceX monthly fees from October to June 2029, providing computing power including approximately 110,000 Nvidia GPUs, CPUs, memory, and other related components. The computing power will be gradually increased before September, with the fee decreasing accordingly. The filing shows that if SpaceX fails to deliver the agreed number of GPUs by September 30, 2026, Google has the right to terminate the contract and will have a one-month grace period. Furthermore, according to the agreement disclosed on Friday, either party has the right to terminate the agreement with 90 days notice.U.S. bank deposits rose to $19.333 trillion from $19.285 trillion last week.Standard & Poors affirmed Swedens credit rating at "AAA/A-1+" with a stable outlook.June 6th - According to the Financial Times, Meta Platforms (META.O) is considering raising tens of billions of dollars through a stock offering to seek new sources of capital to support Mark Zuckerbergs ambitious plans in artificial intelligence, following Googles record $85 billion stock deal this week. According to three sources familiar with the matter, executives at the social media company have been exploring "innovative" fundraising methods as the company plans to significantly increase its AI-related capital spending to as much as $145 billion this year, with further increases planned for 2027. The discussions have intensified following Alphabets successful funding round this week—which was driven by strong investor demand and increased by $5 billion from the original plan—sources said. However, Meta has not yet hired investment banks and may ultimately not issue new shares. One source cautioned that it is too early to say how the company has decided on its course of action, as all fundraising options are still under consideration.According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending June 2, speculators increased their net short positions in CBOT U.S. 2-year Treasury futures by 94,942 contracts to 1,350,188 contracts, U.S. 5-year Treasury futures by 46,091 contracts to 1,369,218 contracts, U.S. 10-year Treasury futures by 41,621 contracts to 829,575 contracts, and ultra-long-term Treasury futures by 27,868 contracts to 287,710 contracts.

S&P 500 Price Forecast – Stocks Continue to Slide After the Fed Steps on Everyone

Alice Wang

Sep 23, 2022 14:45

微信截图_20220923143728.png

Technical Analysis of the S&P 500

During the trading session on Thursday, the S&P 500 was once again erratic as we originally attempted to break over the 3800 level in the E-mini contract. Despite this, there is still a lot of erratic behavior in the market since risky assets are being hurt by the Federal Reserve's tightening stance.


Since there is currently no compelling reason to expect that the situation will change very soon, the market is quite likely to continue seeing sellers whenever it rises.


As a result of the likelihood that the market will reach its prior lows, I anticipate that many investors will panic and leave the market since taking risks at this time is discouraged. The situation may alter, though, if we were to turn around and eliminate 4,000, but I don't see that happening any time soon.


Even if the market will remain quite boisterous, I believe that we will eventually fall pretty sharply.


Every time we rally, it's likely that there will be plenty of fear out there and people willing to get out of bad positions, which will put even more downward pressure on the market. It appears that the Federal Reserve will increase interest rates by 125 basis points between now and the end of the year, so it's likely that we will continue to see a lot of downward pressure going forward. I'm simply not a customer in this circumstance, however.

Suggestion