The next two weeks of data will likely set the direction for the stock market this summer, according to UBS. The bank said the upcoming release of the April CPI report and Nvidia's earnings report next week are crucial. "Inflation and NVIDIA earnings data that exceed expectations could set the stage for an early summer melt-up," UBS said.
Open FlipIn any financial well-being session, the part which gets the audience visibly excited is when the talk on investing begins. This is not surprising because we all want to create wealth, be richer, and have more money to spend. While it’s true that identifying the right type of investment goes a long way in your wealth creation journey, the bigger and more relevant piece of the puzzle.
Open FlipBayer on Tuesday reported a marginal decline in its adjusted earnings in the first quarter, but beat analysts' forecasts on better-than-expected performance at its prescription drugs and agriculture divisions. The company's quarterly earnings before interest, taxes, depreciation and amortisation (EBITDA), adjusted for one-off items, slipped to 4.41 billion euros ($4.76 billion).
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