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.
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