Stocks Fall as Crude Oil Surge Stokes Inflation Fears
View original at nasdaq.comStocks Fall as Crude Oil Surge Stokes Inflation Fears The S&P 500 Index ($SPX) (SPY) today is down -0.67%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.46%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.36%…
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S&P earnings growth expected to climb by 8.4% in Q4, marking tenth consecutive quarter of year-over-year growth
80% confidenceInflation is a bigger concern than economic growth as ECB assesses implications of war in Iran
80% confidenceExcluding the Magnificent Seven megacap technology stocks, Q4 earnings expected to increase by 4.6%
80% confidenceReal-time risk premium for crude oil estimated at $18/bbl, corresponding to impact of six-week full halt to tanker traffic in Strait of Hormuz
80% confidenceReport that ChatGPT is pivoting away from on-platform shopping checkout, if true, would be a waterloo moment for AI-disruption of e-commerce
80% confidenceFour of six tanks at Saudi Arabia's Ras Tanura refinery were full, and Ju'aymah terminal is quickly running out of spare capacity
80% confidenceShips sailing through Strait of Hormuz could be at risk from missiles or rogue drones
80% confidenceMost of company's profit will be generated in second half of the year
80% confidenceCompany expects AI chip sales to top $100 billion next year
80% confidenceRecent and expected data reflect a couple months of relatively high inflation, which puts pause to any conclusion that we're done fighting this
80% confidenceFastenal February daily sales rate estimated at 7.2%
80% confidenceProlonged conflict in Middle East would risk pushing inflation expectations higher
80% confidenceTrade Desk held talks to help OpenAI sell ads
80% confidence