Market Awaits CPI Data Due Wednesday
https://www.zacks.com/stock/news/2273597/market-awaits-cpi-data-due-wednesday?cid=CS-ZC-FT-economic_highlights-2273597
May 14, 2024 - Market Awaits CPI Data Due Wednesday
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1 Stock (Not Nvidia) Could Be a Massive Winner From Data Center AI Chips
https://www.fool.com/investing/2024/05/14/1-stock-not-nvidia-could-be-a-massive-winner-from/?source=iedfolrf0000001
May 14, 2024 - Arm Holdings shared various updates investors should know during its latest earnings call.
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Vanda reports positive Phase 3 data for motion sickness drug
https://seekingalpha.com/news/4106635-vanda-reports-positive-phase-3-data-for-motion-sickness-drug?source=feed_sector_healthcare
May 15, 2024 - Vanda (VNDA) reported positive results from a Phase 3 study of its drug tradipitant in the treatment of motion sickness. Read more here.
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Zscaler's (ZS) AI Innovations to Aid Data Protection Capabilities
https://www.zacks.com/stock/news/2273935/zscaler-s-zs-ai-innovations-to-aid-data-protection-capabilities?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2273935
May 15, 2024 - With AI-driven innovation-led enhanced capabilities, Zscaler (ZS) is likely to be able to empower organizations to protect their data comprehensively, address evolving threats and optimize business processes.
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European Economic News Preview: Eurozone GDP Data Due
https://www.rttnews.com/3447888/european-economic-news-preview-eurozone-gdp-data-due.aspx?type=alleco
May 14, 2024 - Flash GDP estimate from the euro area is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.45 am ET, France's statistical office INSEE is set to publish final inflation figures for April. Consumer price inflation is seen at 2.2 percent, unchanged from the flash estimate.
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Nasdaq, S&P 500 Reach Record Highs On Tamer-Than-Expected Inflation Data
https://www.rttnews.com/story.aspx?Id=3448105
May 15, 2024 - After ending yesterday's choppy session mostly higher, stocks have seen further upside during trading on Wednesday. The major averages have all climbed firmly into positive territory, with the Nasdaq and the S&P 500 reaching new record intraday highs.
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Tamer-Than-Expected Inflation Data Leads To New Record Highs On Wall Street
https://www.rttnews.com/story.aspx?Id=3448138
May 15, 2024 - With traders reacting positively to closely watched consumer price inflation data, stocks moved sharply higher during trading on Wednesday. The major averages added to Tuesday's gains, setting new record closing highs. The rally on Wall Street came following the release of a Labor Department report showing consumer prices in the U.S. rose by slightly less than expected in the month of April.
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China consumption slows as retail sales and investment data disappoint
https://www.cnbc.com/2024/05/17/china-economy-april-retail-sales-industrial-production-investment-data.html
May 16, 2024 - China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.
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Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
https://www.cnbc.com/2024/05/17/shipping-data-shows-mid-range-retail-is-new-consumer-price-sweet-spot.html
May 17, 2024 - Retailers are converging on 'middle-price-point' items as the best way to reach consumers, a new CNBC Supply Chain Survey shows.
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Asia-Pacific markets mixed as traders react to mixed activity data in China
https://seekingalpha.com/news/4107794-asia-pacific-markets-mixed-as-traders-react-to-mixed-activity-data-in-china?source=feed_tag_japan
May 17, 2024 - Japan (NKY:IND) -0.34%. The Japanese yen weakened toward 156 per dollar, facing renewed pressure after the Bank of Japan left its bond buying amounts the same as the previous operation.
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