Composer Andrew Lloyd Webber appeared on all British television during the blockade. From documentaries to contests, Lloyd Webber argues that the devastated theater business needs to recover as COVID-19 restrictions are lifted.
It helps you know some Lloyd Webber for call of the day. Rich Ross, a technical analyst at Evercore ISI, says stocks of megacap technologies are ready to erupt. He calls the group FAAANTM (say it out loud – receive it?), Referring to Facebook FB,
Alphabet GOOGL,
Amazon AMZN,
Apple AAPL,
Netflix NFLX,
Tesla TSLA,
and Microsoft MSFT,
“‘Music of the Night’ is back for Big Tech and ‘all I ask of you’ is that you’re overweight with high-capacity technology when it’s under-loved and upset after months of consolidation with MSFT, GOOGL and FB, all coming out on top. time, ”says Ross.
Seven months of consolidation and relatively poor performance have shed light on sentiment and positioning and prepared what he says will be a spring growth. Along with a double-digit technical formation in dollars, trillions of dollars in liquidity and a slow rise in interest rates and oil, he says Nasdaq-100 QQQ,
the exchange traded fund will close underperforming the S&P 500 SPX,
and reach 450 by the end of the year.
However, a megatech evolution is not bad news for S&P, as they account for over 21% of the index.
In addition to the FAANTM group – and says that Apple is ready to leave its base at the 200-day moving average and that Amazon can reach $ 5,200 – he points to other technological actions, including Nvidia graphics chip maker NVDA
chip manufacturer Lam Research LRCX,
Broadcom AVGO communications chip manufacturer,
and microchip Advanced Micro Devices AMD,
Adobe ADBE,
he adds, it can reach $ 750 “PDF” – a reference to the software format he popularized, which he says can represent “quite quickly” – after removing the level of $ 500.
Inflation and flow in the spotlight
Data on production prices at 8:30 am East could be of interest, given the focus on accelerating inflation. China’s producer price index rose the most in nearly three years in March.
Sony SONY,
shares rose nearly 3% in Tokyo after Sony Pictures said it would stream its movies exclusively on NFLX from Netflix,
platform.
FuboTV FUBO,
the actions may be active as the steam sports service acquired the rights to the South American qualifying matches before the World Cup.
Jeans manufacturer Levi Strauss LEVI,
it raised its earnings and sales guidelines and raised its dividend.
Manufacturer of household products WD-40 WDFC,
it could see pressure after reporting poorer-than-expected results, with the company noting the supply chain constraints it expects to meet in the second half of the fiscal year.
Naked Brand, NAKD,
a popular clothing manufacturer among retailers, can earn after the investment group Ault Global DPW,
revealed that it bought a 6.4% stake.
Prince Philip has died at the age of 99, Kensington Palace has announced. Here’s a look back at his dramatic life.
Yields are higher
Yield on the 10-year Treasury benchmark TMUBMUSD10Y,
increased to 1.67%. US ES00 futures,
NQ00,
he saw little movement in the first hours.
Random readings
The worst drought in Taiwan in 56 years has led to the recovery of a phone he dropped into a lake a year earlier. The phone still works.
A software error caused a flight to take off about 1,200 kilograms (2,646 pounds) heavier than expected, as all female passengers using the title “Miss” were classified as children. The flight operator, Tui TUI,
it was one of the weakest performances of large capitals in Europe, after the launch of a EUR 350 million convertible bond.
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