All the three major indexes marked their fourth straight week of gains on Friday as upbeat corporate earnings and softer-than-expected inflation data...
- U.S. stock index futures edged higher on Monday, with Nvidia 's quarterly results and the Federal Reserve 's policy meeting minutes due this week likely to test Wall Street's record-breaking run.
Investors are keenly awaiting quarterly results from artificial intelligence chip leader Nvidia and minutes of the Fed's latest monetary policy meeting, both scheduled for Wednesday."The minutes will sound more hawkish on the margin than Chair Powell's press conference, as other members on the committee were more concerned than Powell about whether policy was doing enough," analysts at Bank of America said in a note.
On the economic data front, weekly initial jobless claims, S&P global flash PMI readings and durable goods data are due through the week. Paramount Global climbed 3% premarket after a report Sony Pictures Entertainment and Apollo Global Management have signed non-disclosure agreements that will allow them to look at the U.S. media company's books ahead of a potential bid for its assets.
"The concept of a machine to be able to function with general intelligence to me is a 2x bigger factor than what the internet is," Gene Munster said.Let's dive into whether Aurora Cannabis could be a potential millionaire-maker stock, or a dud, over the long term. The post Could Investing $10,000 in Aurora Cannabis Stock Make You a Millionaire? appeared first on The Motley Fool Canada.
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