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#techmegatrends#cloudtechnology#etf@ginsglobal
🎥 @ginsglobal, CEO at GinsGlobal Index Funds, spoke to @proactive_UK to provide an update on the world of tech megatrends.
Watch the full interview here: https://t.co/3QkswlVprJ
#techmegatrends#tech#techindustry#etf
US #JobsReport positive; #Fed to hike rates 0.25%; #Stocks Lower
* Healthy US jobs report 209K vs 306K last month.
* Shows #Wage#inflation remains a threat, #unemployment low at 3.6%.
* Key US #indices down 1%-2% for week, due to #Fed likely hiking #rat…https://t.co/VtsPUxgfJf
#Tech#Stocks best 6 month gains in 40yrs, #Apple & #Nvidia boom
* Major US stock #indexes post record 2023 gains; #SP500 up 15.9%, at new 52-week high.
* #Nasdaq up 32% YTD, #Nvidia rides #AI 190% rally; #Apple jumped 50% YTD to $3tn market cap; #Meta &…https://t.co/rUce52wCVy
US #EVcar sales hit #records; #Tesla#Model Y top #global seller:
* #EVs now 7.1% of US vehicle sales - Q1 2023.
* 30%+ market share of all new #vehicles sold in the US in 2030.
* Total #EVs sold (246,624) in Q1 = 5X more than the 47,663 sold Q1 2020.
*…https://t.co/2yyw4YSyJu
US #Inflation falls, #Fed#rates pause expected; #Stocks hit new highs
* Major #stock#indices gained - US inflation half of 2022 highs.
* May’s #CPI/Inflation 4% = lowest annual increase in 2+ yrs.
* Likelihood #Fed may not raise #interestrates again…https://t.co/yQCCisMWlj
#US#Stocks - S&P 500 at Highest Level in 1yr+
* 4th week of gains, #SP500 up 1% to 4339 today, highest close since April 2022.
* #DowJones up 0.6%, 190 points & #Tech-heavy #Nasdaq gained 1.5%.
#SP500 up >20% off October 2022 lows; #bearmarket likely o…https://t.co/PL9Dy4Nh4y