On the SPOT™ blog (09/11/2023) [K..]
- Salyl Bhagwat
- Sep 11, 2023
- 3 min read
This morning (PST) all three major US indices are in the green as investors cheer some +ve sentiment generated by AI-related corporate news this. Specifically, TSLA got an upgrade from Morgan Stanley, news about META working on more advanced AI etc. In other tech news, QCOM got a boost after news came out about it inking deal with Apple to supply 5G chips. Non-tech sector also saw news of Hostess brand getting acquired by JM Smuckers. In general a good start to the week when treasury yields climbed and investors await critical CPI data and retail numbers later this week.
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