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no_data1Amazon is Considering a $9 Billion Deal to Acquire Satellite Communications Company Globalstar. Here's Why Amazon, Apple, and Tesla Investors Should Pay Attention.2Exxon’s Guyana-Permian Engine Fuels 21% Earnings Growth—Is the 24 P/E Already Discounting a Squeeze?3Bitcoin’s Movement Compared to Oil’s Rally: Evaluating a Risk-Off Scenario
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The final value of the U.S. S&P Global Services PMI for March was 49.8, hitting a three-year low and falling short of the expected 51.1.Odaily reports that the U.S. March S&P Global Services PMI final reading stood at 49.8, hitting a three-year low. The expected value was 51.1, with the previous value also at 51.1.
13:45
Market Analysis: Non-Farm Payroll Boost Eases Employment Market Concerns, Fed's Cautious Stance Expected to ContinueBlockBeats News, April 3rd. Jerry Tempelman, Vice President of Economic and Fixed Income Research at Mutual of America Capital Management, stated that the market is focusing on the March non-farm payroll report to validate the stability of the labor market. The addition of 178,000 jobs today helps alleviate concerns, and the slight change in the unemployment rate to 4.3% is not enough to trigger immediate attention.
However, the slowdown trend of "low hiring, low firing" cannot be ignored. Regardless of how surprising last month's data may be, the Fed's decision to maintain interest rates was well within market expectations. This outcome reflects the policymakers' ongoing caution in balancing the short-term impact on the overall economy with long-term economic stability. (Jin10)
13:39
Deutsche Bank previews U.S. bank stocks Q1 earnings season: Overall performance expected to remain solid, net interest income likely to approach the upper end of guidanceDeutsche Bank recently released a report stating that it expects the overall performance of bank stocks to be stable/strong, with the net interest income (NII) of most banks at the upper end (or above) of guidance ranges. Capital markets business trends (investment banking + trading business) remain strong, operational leverage is favorable, and asset quality remains stable. Deutsche Bank noted that, ahead of earnings releases, its top picks among banks include a certain exchange.
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