What was educated in a relatively quiet week quickly became unstable on Friday, after Israel’s night hit in Iran. Here is a closer look at the three largest topics that defined the market this week. 1. Geopolitics: An attack on Iranian nuclear infrastructure has passed through financial markets on Friday. American shares were selling in terms of increased tensions abroad. S&P 500 and NASDAQ composite fell by 1.13% and 1.3%, respectively on Friday. Meanwhile, Brentu Futures and West Texas Intermediate Futures added about 7% and 7.5%, respectively. Gold also increased to a two -month level, and investors see them as a safe haven of all volatility. Before the attack, Benchmark Stock was well on its way to the closing of the positive week. Instead, S&P 500 and Nasdaq lost 0.4% and 0.6% in this episode, snaping weekly victorious streaks. Despite the slight profit on Friday, part of the safe trade, the American dollar index had a hard week. On Thursday, we wrote about how long fundamental investors should perceive a weaker dollar. Another great geopolitical event for investors was the announcement by American and Chinese delegations that both sides agreed to the trade framework, especially focused on rare minerals. 2. Economic data: Investors received good news about inflation on Wednesday and Thursday. On Wednesday, the price index, the measure of inflation of goods and services throughout the US economy, showed that basic prices increased less than expected last month. The price indicator of the May manufacturer, wholesale inflation indicator in the country, also arrived lower than expected on Thursday. The labor market still showed that it was softening, but it did not break. The weekly unemployed claims in a week ended on June 7 remained unchanged, while further claims were still in many urges. In general, the economic data batch was encouraging, because the inflation rate subsides, and unemployment remains low, providing the consumer with greater purchasing power. 3. AI updates: It was also a week full of news and events specific to the company in the artificial intelligence generative race. AI remains one of the most important, if not the most important factors for financial markets. On Monday, we heard from Apple when the company hosted the annual programmers’ conference around the world. Although the expectations were so muted as we have ever seen, the event was still disappointed because of the lack of AI updates. On the other hand, Meta Platforms aroused investors’ excitement this week, when the news broke that the company had undertaken a large investment in AI Scale and will introduce a startup director to help in establishing a new unit of “superintelligence” in the company in order to achieve artificial general intelligence. Early Wednesday in the morning we heard from NVIDIA CEO Jensen Huang, who spoke at the GTC party in Paris. Although there were not many new updates, Huang confirmed that there is still much more accelerated computing capacity, which should be built, emphasizing the demand of hyperskal clients and sovereign entities. He argued that Europe will probably be 10 -a tweeter of computing capacity in the next two years. In addition to the portfolio, Oracle and Advanced Micro Devices, also news about artificial intelligence. Oracle’s actions jumped on Thursday after reporting better than expected quarterly results of the previous evening. Impressive shares increased again on Friday, despite the broader market sale, on the way to the best week from 2021. BMO Capital also updated Oracle to assess the purchase. Comments CEO Oracle Safra Catz on the activities in the field of infrastructure in the cloud confirmed that there is a growing demand for AI computer strength. Indeed, Oracle said that the revenues from this business should increase by 70% year on year in the 2026 tax year. In a different place, advanced micro devices presented their new AI server system in 2026. During the company’s Thursday event, partly attempts to compete with the offer on the NVIDIA market. AMD also announced that he had landed a new loud Openai client, startup for chatgpt and club with a partner AI Microsoft. However, the chip is not to be launched only in 2026. (Charitable Trust Jim Cramer is a long AAPL, Meta, NVDA. See here the full list of action.) As a subscriber of the CNBC Investing Club with Jim Cramer, you will receive a trade warning before Jim made trade. Jim waits 45 minutes after sending a trade alert before buying or selling shares in the portfolio of his charity Trust. If Jim talked about actions on CNBC television, it waits 72 hours after the commercial alert was released before trading. The above information about the club investing is subject to our conditions and the Privacy Policy together with our reservation. There is no trust or obligation, nor is it created by receiving all information provided in connection with the investing club. No specific result or profit is guaranteed.
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