Market Momentum Builds on Hopes of Global Trade Recovery
U.S. equity benchmarks continued their upward march on Monday, with the S&P 500 notching a record high close for the sixth consecutive session and the Nasdaq also setting a new record, despite volatile trading. Investors remained cautiously optimistic, balancing recent trade developments with anticipation of major economic triggers due later in the week.
The latest market sentiment was shaped in part by a fresh trade accord between the United States and the European Union. On Sunday, U.S. President Donald Trump and European...
UiPath and C3.AI both offered conservative outlooks despite the company’s management talking up demand for their AI services
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Tesla cuts car prices at the expense of margins
But, the EV maker's financial condition gives no cause for concern
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Both GitLab and Asana reported strong second-quarter results, with the former posting a 38% YoY revenue growth
While results could have been better in...