PPI ahead, Dollar sinks, Disney extends Iger's contract

Natural Gas: America Might Bake but $3 Pricing Remains Elusive

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📚 Daily Digest  |  Thursday, Jul 13, 2023     U.S. PPI ahead, China trade data disappoints - what's moving markets   © Reuters. Investors await the publication of fresh inflation data out of the U.S. after stocks were boosted in the previous session by weaker-than-expected consumer price growth in June. Elsewhere, China's trade data for June disappoints estimates and Beijing announces new rules governing the use of generative artificial intelligence. Read More     Today's Top News Stock Markets US stock investors count on earnings to propel rally after upbeat CPI report As U.S. inflation cools and growth remains resilient, bullish investors are counting on the upcoming earnings season to provide more fuel for a rally that has taken stocks to their highest levels in months. Currencies Dollar slides after inflation surprise spooks bulls A sliding dollar came under more pressure on Thursday, as traders took surprisingly slow U.S. inflation as a signal U.S. interest rate rises will be all but finished by month's end. Stock Markets Disney extends CEO Bob Iger's contract through 2026 Walt Disney 's board on Wednesday extended Chief Executive Officer Robert Iger's contract by two years as the experienced leader who came out of retirement in 2022 battles long-term challenges to its film and television businesses. Stock Markets Elon Musk launches AI firm xAI as he looks to take on OpenAI Elon Musk, the billionaire entrepreneur, launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team comprised of engineers from the same big U.S. technology firms that he hopes to challenge in his bid to build an alternative to ChatGPT. Stock Markets 5 big analyst picks: Morgan Stanley raised to Buy, Holley jumps on two upgrades Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Morgan Stanley, Holley, Sealed Air, SunPower, and Integra LifeSciences. InvestingPro subscribers got this news first. Never miss another market-moving headline. Read More News » Today's Top Analysis     Jul 13, 2023 by Barani Krishnan Natural Gas: America Might Bake but $3 Pricing Remains Elusive   by Barani Krishnan  |   Jul 13, 2023   Jul 13, 2023 by Ismael De La Cruz 3 Underperforming Stocks That Could Stage an Impressive Year-End Comeback   by Ismael De La Cruz  |   Jul 13, 2023   Jul 13, 2023 by  Ellen R. Wald, Ph.D Oil: Lower Demand, Production Cuts Create Unusual Stability in Gasoline Prices   by  Ellen R. Wald, Ph.D  |   Jul 13, 2023   Jul 13, 2023 by Jordan Roy-Byrne, CMT Gold Stocks Generate Short-Term Bullish Signal   by Jordan Roy-Byrne, CMT  |   Jul 13, 2023 Read More Analysis »

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