06/03/2024
📈 Today's NoFluff Investing Market Bites!
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📅 06/03/2024
- Apple's Challenges: iPhone sales in China down 24% early in 2024; market value falls below Microsoft's.
- CrowdStrike: Stock surges 23% after Q4 earnings beat expectations.
- Bitcoin: Hits new all-time high over $69,210; retracts to $63K.
- Gold: Reaches record highs; analysts see it as a recession hedge.
- Target: Shares up 12%, surpassing Q4 expectations despite sales drop.
- JD.com: Anticipated Q4 revenue and earnings decline; considers bid for Currys.
- Economic Events: Includes UK Spring Budget, US ADP Employment Report, Bank of Canada Rate Decision, Canada Ivey PMI, Fed Chair Powell's testimony, and FOMC Member Daly's speech.
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