Stock market today: S&P 500, Nasdaq notch big gains as Tesla kicks off 'Magnificent 7' earnings

==========

US stocks secured gains across the board on Tuesday, with the tech-heavy Nasdaq Composite surging about 1.6% and the benchmark S&P 500 rising about 1.2% after staging a comeback from a six-day run of losses on Monday. Tesla rose as much as 8% in after-hours trading after the company suggested its future vehicle lineup would include more affordable models. The update comes as the electric vehicle giant missed earnings expectations on both the top and bottom lines. Tesla's earnings will likely be a catalyst for the S&P 500, given the stock's weight in the index. Shares have been hit hard after a disappointing delivery outlook, the cancellation of plans for a long-awaited sub-$30,000 model, and a strategy switch to robotaxis, among other headwinds. Tesla's earnings set the stage for highly anticipated results from Meta and Alphabet later in the week. Meanwhile, Donald Trump is set to nab a $1.1 billion 'earnout' bonus from DJT stock if current trading levels hold until the end of the close. The US economy showed signs of a 'wobble' in April, with the flash US composite PMI coming in at its lowest reading in four months. Homebuilder PulteGroup reported Q1 results that beat Wall Street estimates, citing a chronic housing shortage in the US as an opportunity for growth. US stocks opened higher on Tuesday ahead of a slew of key earnings reports. IPO research shows that about 89% of investors expect to see resumed activity in the US IPO market from April to December 2024. GM's stock is up almost 5% after the company's big earnings beat and full-year guidance lift. PepsiCo maintained its sales and profit outlook for 2024, but the stock bid down on quarterly volume declines at the Frito Lay North America and North America Beverage business.

#StockMarket #Tesla #Earnings #S&p500 #Nasdaq #Meta #Alphabet #DonaldTrump #DjtStock #UsEconomy #Pultegroup #Ipo #Gm #Pepsico

https://finance.yahoo.com/news/live/stock-market-today-sp-500-nasdaq-notch-big-gains-as-tesla-kicks-off-magnificent-7-earnings-200142781.html

nostr:note1hmd5lhpzdzn3g7x7gfthgw20chenv3mwgnz7zdhe8sr570ejq3gquf3ys5

UnitedHealth says hackers possibly stole large number of Americans' data

==========

UnitedHealth Group announced that hackers stole health and personal data of potentially a "substantial proportion" of Americans from its systems in February. The intrusion at its Change Healthcare unit, which processes about 50% of U.S. medical claims, caused widespread disruption in payment to doctors and health facilities. The stolen data includes files with protected health information or personally identifiable information, which could cover a substantial proportion of people in America. The theft occurred despite a ransom payment. The cybercriminal gang behind the breach, known as AlphV or BlackCat, has not responded to multiple requests for comment. Another hacker group, Ransomhub, claimed to have received the data from a disgruntled affiliate of BlackCat.

#Unitedhealth #Hackers #DataBreach #ChangeHealthcare #RansomPayment #Cybersecurity

https://finance.yahoo.com/news/unitedhealth-says-hack-could-impact-215612097.html

nostr:note1hmd5lhpzdzn3g7x7gfthgw20chenv3mwgnz7zdhe8sr570ejq3gquf3ys5

UnitedHealth says hackers possibly stole large number of Americans' data

==========

UnitedHealth Group announced that hackers stole health and personal data of potentially a "substantial proportion" of Americans from its systems in February. The intrusion at its Change Healthcare unit, which processes about 50% of U.S. medical claims, caused widespread disruption in payment to doctors and health facilities. The stolen data includes files with protected health information or personally identifiable information, which could cover a substantial proportion of people in America. The theft occurred despite a ransom payment. The cybercriminal gang behind the breach, known as AlphV or BlackCat, has not responded to multiple requests for comment. Another hacker group, Ransomhub, claimed to have received the data from a disgruntled affiliate of BlackCat.

#Unitedhealth #Hackers #DataBreach #ChangeHealthcare #RansomPayment #Cybersecurity

https://finance.yahoo.com/news/unitedhealth-says-hack-could-impact-215612097.html

Bond Demand Evaporates in Taiwan as Inflation Risks Mount

==========

Taiwan's government bonds are falling out of favor as traders fear stubborn inflation may pressure policymakers to hike interest rates. The yield on Taiwan's benchmark 10-year notes has risen 46 basis points this year, with a spike in March as the central bank unexpectedly raised borrowing costs. The bid-to-cover ratio for last week's 10-year bond auction was at 1.17, the lowest since Bloomberg started tracking the data in 2000. Taiwan's bonds face particular pressure under a resilient economy, with a blowout exports figure and higher electricity rates as key inflation risks. The global rush for AI technology has been a boon for Taiwan, with last month's exports surging nearly 19%. The economy is expected to expand 3.2% this year. Concerns are that inflation may rise with the electricity price increase and strong consumer demand. Taiwanese bonds are at an unfavorable position compared to most Asian central bank peers, which are still expected to lower rates later this year.

#Taiwan #GovernmentBonds #Inflation #InterestRates #Economy

https://finance.yahoo.com/news/bond-demand-evaporates-taiwan-inflation-093237347.html

Bond Demand Evaporates in Taiwan as Inflation Risks Mount

==========

Taiwan's government bonds are falling out of favor as traders fear stubborn inflation may pressure policymakers to hike interest rates. The yield on Taiwan's benchmark 10-year notes has risen 46 basis points this year, with a spike in March as the central bank unexpectedly raised borrowing costs. The bid-to-cover ratio for last week's 10-year bond auction was at 1.17, the lowest since Bloomberg started tracking the data in 2000. Taiwan's bonds face particular pressure under a resilient economy, with a blowout exports figure and higher electricity rates as key inflation risks. The global rush for AI technology has been a boon for Taiwan, with last month's exports surging nearly 19%. The economy is expected to expand 3.2% this year. Concerns are that inflation may rise with the electricity price increase and strong consumer demand. Taiwanese bonds are at an unfavorable position compared to most Asian central bank peers, which are still expected to lower rates later this year.

#Taiwan #GovernmentBonds #Inflation #InterestRates #Economy

https://finance.yahoo.com/news/bond-demand-evaporates-taiwan-inflation-093237347.html

Bond Demand Evaporates in Taiwan as Inflation Risks Mount

==========

Taiwan's government bonds are falling out of favor as traders fear stubborn inflation may pressure policymakers to hike interest rates. The yield on Taiwan's benchmark 10-year notes has risen 46 basis points this year, with a spike in March as the central bank unexpectedly raised borrowing costs. The bid-to-cover ratio for last week's 10-year bond auction was at 1.17, the lowest since Bloomberg started tracking the data in 2000. Taiwan's bonds face particular pressure under a resilient economy, with a blowout exports figure and higher electricity rates as key inflation risks. The global rush for AI technology has been a boon for Taiwan, with last month's exports surging nearly 19%. The economy is expected to expand 3.2% this year. Concerns are that inflation may rise with the electricity price increase and strong consumer demand. Taiwanese bonds are at an unfavorable position compared to most Asian central bank peers, which are still expected to lower rates later this year.

#Taiwan #GovernmentBonds #Inflation #InterestRates #Economy

https://finance.yahoo.com/news/bond-demand-evaporates-taiwan-inflation-093237347.html

nostr:note1hmd5lhpzdzn3g7x7gfthgw20chenv3mwgnz7zdhe8sr570ejq3gquf3ys5

UnitedHealth says hackers possibly stole large number of Americans' data

==========

UnitedHealth Group announced that hackers stole health and personal data of potentially a "substantial proportion" of Americans from its systems in February. The intrusion at its Change Healthcare unit, which processes about 50% of U.S. medical claims, caused widespread disruption in payment to doctors and health facilities. The stolen data includes files with protected health information or personally identifiable information, which could cover a substantial proportion of people in America. The theft occurred despite a ransom payment. The cybercriminal gang behind the breach, known as AlphV or BlackCat, has not responded to multiple requests for comment. Another hacker group, Ransomhub, claimed to have received the data from a disgruntled affiliate of BlackCat.

#Unitedhealth #Hackers #DataBreach #ChangeHealthcare #RansomPayment #Cybersecurity

https://finance.yahoo.com/news/unitedhealth-says-hack-could-impact-215612097.html

Bond Demand Evaporates in Taiwan as Inflation Risks Mount

==========

Taiwan's government bonds are falling out of favor as traders fear stubborn inflation may pressure policymakers to hike interest rates. The yield on Taiwan's benchmark 10-year notes has risen 46 basis points this year, with a spike in March as the central bank unexpectedly raised borrowing costs. The bid-to-cover ratio for last week's 10-year bond auction was at 1.17, the lowest since Bloomberg started tracking the data in 2000. Taiwan's bonds face particular pressure under a resilient economy, with a blowout exports figure and higher electricity rates as key inflation risks. The global rush for AI technology has been a boon for Taiwan, with last month's exports surging nearly 19%. The economy is expected to expand 3.2% this year. Concerns are that inflation may rise with the electricity price increase and strong consumer demand. Taiwanese bonds are at an unfavorable position compared to most Asian central bank peers, which are still expected to lower rates later this year.

#Taiwan #GovernmentBonds #Inflation #InterestRates #Economy

https://finance.yahoo.com/news/bond-demand-evaporates-taiwan-inflation-093237347.html

UnitedHealth says hackers possibly stole large number of Americans' data

==========

UnitedHealth Group announced that hackers stole health and personal data of potentially a "substantial proportion" of Americans from its systems in February. The intrusion at its Change Healthcare unit, which processes about 50% of U.S. medical claims, caused widespread disruption in payment to doctors and health facilities. The stolen data includes files with protected health information or personally identifiable information, which could cover a substantial proportion of people in America. The theft occurred despite a ransom payment. The cybercriminal gang behind the breach, known as AlphV or BlackCat, has not responded to multiple requests for comment. Another hacker group, Ransomhub, claimed to have received the data from a disgruntled affiliate of BlackCat.

#Unitedhealth #Hackers #DataBreach #ChangeHealthcare #RansomPayment #Cybersecurity

https://finance.yahoo.com/news/unitedhealth-says-hack-could-impact-215612097.html

Bond Demand Evaporates in Taiwan as Inflation Risks Mount

==========

Taiwan's government bonds are falling out of favor as traders fear stubborn inflation may pressure policymakers to hike interest rates. The yield on Taiwan's benchmark 10-year notes has risen 46 basis points this year, with a spike in March as the central bank unexpectedly raised borrowing costs. The bid-to-cover ratio for last week's 10-year bond auction was at 1.17, the lowest since Bloomberg started tracking the data in 2000. Taiwan's bonds face particular pressure under a resilient economy, with a blowout exports figure and higher electricity rates as key inflation risks. The global rush for AI technology has been a boon for Taiwan, with last month's exports surging nearly 19%. The economy is expected to expand 3.2% this year. Concerns are that inflation may rise with the electricity price increase and strong consumer demand. Taiwanese bonds are at an unfavorable position compared to most Asian central bank peers, which are still expected to lower rates later this year.

#Taiwan #GovernmentBonds #Inflation #InterestRates #Economy

https://finance.yahoo.com/news/bond-demand-evaporates-taiwan-inflation-093237347.html

U.S. stocks end higher with Big Tech earnings in view

==========

U.S. stocks bounced back on Monday after multiple sessions of selloffs as investors eyed key corporate results this week that should provide more insight on the health of the economy. The Dow gained nearly seven-tenths of a percent, the S&P 500 nearly nine-tenths and the Nasdaq climbed more than one percent. Prior to Monday’s rebound, geopolitical tensions and investors’ rate-cut re-evaluations in light of hotter-than-expected inflation and jobs data contributed to a six-session decline by the S&P and Nasdaq. Markets are now gearing up for quarterly results from some of the so-called Magnificent Seven Big Tech companies this week, including Tesla, Meta Platforms, Alphabet and Microsoft. Shares of Alphabet, Amazon and Apple gained between one-half to one-and-a-half percent on Monday. Nvidia jumped more than 4% to rebound from a 10% drop in the previous session. But Tesla shares dropped nearly 3.5% as the electric vehicle maker cut prices in a number of its major markets, including China and Germany, following price reductions in the United States. Investors this week will also be closely watching Friday’s key personal consumption expenditures or PCE report - the Federal Reserve’s preferred inflation gauge - for clues about the central bank’s monetary policy path.

#UsStocks #BigTech #Earnings #Dow #S&p500 #Nasdaq #Tesla #MetaPlatforms #Alphabet #Microsoft #Inflation #JobsData #Investors #Market #FederalReserve

https://finance.yahoo.com/video/u-stocks-end-higher-big-215900673.html

U.S. stocks end higher with Big Tech earnings in view

==========

U.S. stocks bounced back on Monday after multiple sessions of selloffs as investors eyed key corporate results this week that should provide more insight on the health of the economy. The Dow gained nearly seven-tenths of a percent, the S&P 500 nearly nine-tenths and the Nasdaq climbed more than one percent. Prior to Monday’s rebound, geopolitical tensions and investors’ rate-cut re-evaluations in light of hotter-than-expected inflation and jobs data contributed to a six-session decline by the S&P and Nasdaq. Markets are now gearing up for quarterly results from some of the so-called Magnificent Seven Big Tech companies this week, including Tesla, Meta Platforms, Alphabet and Microsoft. Shares of Alphabet, Amazon and Apple gained between one-half to one-and-a-half percent on Monday. Nvidia jumped more than 4% to rebound from a 10% drop in the previous session. But Tesla shares dropped nearly 3.5% as the electric vehicle maker cut prices in a number of its major markets, including China and Germany, following price reductions in the United States. Investors this week will also be closely watching Friday’s key personal consumption expenditures or PCE report - the Federal Reserve’s preferred inflation gauge - for clues about the central bank’s monetary policy path.

#UsStocks #BigTech #Earnings #Dow #S&p500 #Nasdaq #Tesla #MetaPlatforms #Alphabet #Microsoft #Inflation #JobsData #Investors #Market #FederalReserve

https://finance.yahoo.com/video/u-stocks-end-higher-big-215900673.html

U.S. stocks end higher with Big Tech earnings in view

==========

U.S. stocks bounced back on Monday after multiple sessions of selloffs as investors eyed key corporate results this week that should provide more insight on the health of the economy. The Dow gained nearly seven-tenths of a percent, the S&P 500 nearly nine-tenths and the Nasdaq climbed more than one percent. Prior to Monday’s rebound, geopolitical tensions and investors’ rate-cut re-evaluations in light of hotter-than-expected inflation and jobs data contributed to a six-session decline by the S&P and Nasdaq. Markets are now gearing up for quarterly results from some of the so-called Magnificent Seven Big Tech companies this week, including Tesla, Meta Platforms, Alphabet and Microsoft. Shares of Alphabet, Amazon and Apple gained between one-half to one-and-a-half percent on Monday. Nvidia jumped more than 4% to rebound from a 10% drop in the previous session. But Tesla shares dropped nearly 3.5% as the electric vehicle maker cut prices in a number of its major markets, including China and Germany, following price reductions in the United States. Investors this week will also be closely watching Friday’s key personal consumption expenditures or PCE report - the Federal Reserve’s preferred inflation gauge - for clues about the central bank’s monetary policy path.

#UsStocks #BigTech #Earnings #Dow #S&p500 #Nasdaq #Tesla #MetaPlatforms #Alphabet #Microsoft #Inflation #JobsData #Investors #Market #FederalReserve

https://finance.yahoo.com/video/u-stocks-end-higher-big-215900673.html

U.S. stocks end higher with Big Tech earnings in view

==========

U.S. stocks bounced back on Monday after multiple sessions of selloffs as investors eyed key corporate results this week that should provide more insight on the health of the economy. The Dow gained nearly seven-tenths of a percent, the S&P 500 nearly nine-tenths and the Nasdaq climbed more than one percent. Prior to Monday’s rebound, geopolitical tensions and investors’ rate-cut re-evaluations in light of hotter-than-expected inflation and jobs data contributed to a six-session decline by the S&P and Nasdaq. Markets are now gearing up for quarterly results from some of the so-called Magnificent Seven Big Tech companies this week, including Tesla, Meta Platforms, Alphabet and Microsoft. Shares of Alphabet, Amazon and Apple gained between one-half to one-and-a-half percent on Monday. Nvidia jumped more than 4% to rebound from a 10% drop in the previous session. But Tesla shares dropped nearly 3.5% as the electric vehicle maker cut prices in a number of its major markets, including China and Germany, following price reductions in the United States. Investors this week will also be closely watching Friday’s key personal consumption expenditures or PCE report - the Federal Reserve’s preferred inflation gauge - for clues about the central bank’s monetary policy path.

#UsStocks #BigTech #Earnings #Dow #S&p500 #Nasdaq #Tesla #MetaPlatforms #Alphabet #Microsoft #Inflation #JobsData #Investors #Market #FederalReserve

https://finance.yahoo.com/video/u-stocks-end-higher-big-215900673.html

U.S. stocks end higher with Big Tech earnings in view

==========

U.S. stocks bounced back on Monday after multiple sessions of selloffs as investors eyed key corporate results this week that should provide more insight on the health of the economy. The Dow gained nearly seven-tenths of a percent, the S&P 500 nearly nine-tenths and the Nasdaq climbed more than one percent. Prior to Monday’s rebound, geopolitical tensions and investors’ rate-cut re-evaluations in light of hotter-than-expected inflation and jobs data contributed to a six-session decline by the S&P and Nasdaq. Markets are now gearing up for quarterly results from some of the so-called Magnificent Seven Big Tech companies this week, including Tesla, Meta Platforms, Alphabet and Microsoft. Shares of Alphabet, Amazon and Apple gained between one-half to one-and-a-half percent on Monday. Nvidia jumped more than 4% to rebound from a 10% drop in the previous session. But Tesla shares dropped nearly 3.5% as the electric vehicle maker cut prices in a number of its major markets, including China and Germany, following price reductions in the United States. Investors this week will also be closely watching Friday’s key personal consumption expenditures or PCE report - the Federal Reserve’s preferred inflation gauge - for clues about the central bank’s monetary policy path.

#UsStocks #BigTech #Earnings #Dow #S&p500 #Nasdaq #Tesla #MetaPlatforms #Alphabet #Microsoft #Inflation #JobsData #Investors #Market #FederalReserve

https://finance.yahoo.com/video/u-stocks-end-higher-big-215900673.html

U.S. stocks end higher with Big Tech earnings in view

==========

U.S. stocks bounced back on Monday after multiple sessions of selloffs as investors eyed key corporate results this week that should provide more insight on the health of the economy. The Dow gained nearly seven-tenths of a percent, the S&P 500 nearly nine-tenths and the Nasdaq climbed more than one percent. Prior to Monday’s rebound, geopolitical tensions and investors’ rate-cut re-evaluations in light of hotter-than-expected inflation and jobs data contributed to a six-session decline by the S&P and Nasdaq. Markets are now gearing up for quarterly results from some of the so-called Magnificent Seven Big Tech companies this week, including Tesla, Meta Platforms, Alphabet and Microsoft. Shares of Alphabet, Amazon and Apple gained between one-half to one-and-a-half percent on Monday. Nvidia jumped more than 4% to rebound from a 10% drop in the previous session. But Tesla shares dropped nearly 3.5% as the electric vehicle maker cut prices in a number of its major markets, including China and Germany, following price reductions in the United States. Investors this week will also be closely watching Friday’s key personal consumption expenditures or PCE report - the Federal Reserve’s preferred inflation gauge - for clues about the central bank’s monetary policy path.

#UsStocks #BigTech #Earnings #Dow #S&p500 #Nasdaq #Tesla #MetaPlatforms #Alphabet #Microsoft #Inflation #JobsData #Investors #Market #FederalReserve

https://finance.yahoo.com/video/u-stocks-end-higher-big-215900673.html

U.S. stocks end higher with Big Tech earnings in view

==========

U.S. stocks bounced back on Monday after multiple sessions of selloffs as investors eyed key corporate results this week that should provide more insight on the health of the economy. The Dow gained nearly seven-tenths of a percent, the S&P 500 nearly nine-tenths and the Nasdaq climbed more than one percent. Prior to Monday’s rebound, geopolitical tensions and investors’ rate-cut re-evaluations in light of hotter-than-expected inflation and jobs data contributed to a six-session decline by the S&P and Nasdaq. Markets are now gearing up for quarterly results from some of the so-called Magnificent Seven Big Tech companies this week, including Tesla, Meta Platforms, Alphabet and Microsoft. Shares of Alphabet, Amazon and Apple gained between one-half to one-and-a-half percent on Monday. Nvidia jumped more than 4% to rebound from a 10% drop in the previous session. But Tesla shares dropped nearly 3.5% as the electric vehicle maker cut prices in a number of its major markets, including China and Germany, following price reductions in the United States. Investors this week will also be closely watching Friday’s key personal consumption expenditures or PCE report - the Federal Reserve’s preferred inflation gauge - for clues about the central bank’s monetary policy path.

#UsStocks #BigTech #Earnings #Dow #S&p500 #Nasdaq #Tesla #MetaPlatforms #Alphabet #Microsoft #Inflation #JobsData #Investors #Market #FederalReserve

https://finance.yahoo.com/video/u-stocks-end-higher-big-215900673.html