The major averages were highly higher almost noon in the middle of increased optimism in terms of trade, as well as a decrease in the first demands for American unemployment for the week ended on May 3. President Trump announced a new trade agreement with Great Britain, said the United States intended to “conclude an agreement with Europe” and seems open to reducing tariffs on China after discussions with the country this weekend.
In the news of the central bank, the Bank of England lowered its banking rate one day after the American federal reserve maintained the rate of unchanged federal funds. After the Fed’s decision, Trump described the president of the Fed, Jerome Powell, an “idiot” so as not to lower the rates.
Looking at the products, gold prices are again lower, while oil prices are strongly higher in the midst of American-Chinese commercial optimism.
Be quickly caught up in the first news and calls for moving actions with these five main lists.
1. News in stock:
2. Wall Street cappel:
Sarepta (SRPT) was demoted to Evercore Isi
Wedbush lowered Uber (Uber) to the neutral on the lack of catalysts
Mosaic (MOS) upgraded to RBC Capital
Archer Daniels (ADM) has been demoted to underestimate the Bofa in the middle of “displaced optimism”
Centessa (CNA) initiated a bullish view in Chardan
3. Around the web:
Alibaba (Baba) is associated with Rednote, also known as Xiaohongshu, to allow Rednote users to click directly on product links to buy on the Taobao platform of Alibaba, reports Reuters
BAIDU (BIDU) filed a patent with China National Intellectual Property Administration, CNIPA, which offers a system to convert animal vocalizations into human language, called Reuters
Tesla’s effort (TSLA) to mark the term “robotaxi” in reference to its vehicles has been refused by the American Patent and Brands Bureau to be too generic, but its request to the brand of the term “Robotaxi” for its next drawing service is still on exam by the office, according to TC
Nest (nestNsrgy) A selected Rothschild to advise on the sale of its water division later this year, reports Reuters
The CEO of Nvidia (NVDA), Jensen Huang, said in an interview on Tuesday that it would be a “huge loss” to block on the Chinese AI market, reports CNBC
