Tech Stocks Surge: Nvidia Earnings Awaited, Lowe's Falls Despite Beating Estimates, Ether Soars on SECETF Hopes

New York City, New York, USA United States of America
Ether surged on increased confidence of SEC approving spot ether ETF
Federal Reserve expected to release minutes of May meeting on Wednesday
Investors awaiting earnings from AI chipmaker Nvidia
Lowe's shares fell despite beating estimates
Norwegian Cruise Line helped lead market with 7.6% gain, causing Carnival and Royal Caribbean to also rise
Palo Alto Networks lost ground after issuing lackluster outlook
S&P 500 and Nasdaq Composite reached new highs on Tuesday
Tech Stocks Surge: Nvidia Earnings Awaited, Lowe's Falls Despite Beating Estimates, Ether Soars on SECETF Hopes

The S&P 500 and the Nasdaq Composite reached new highs on Tuesday as investors awaited earnings from AI chipmaker Nvidia after the close. The Dow Jones Industrial Average also closed higher. Lowe's shares fell despite beating top- and bottom-line estimates, while Palo Alto Networks lost ground after issuing a lackluster current-quarter and full-year outlook. Ether surged on increased confidence that the SEC will approve a spot ether ETF. The Federal Reserve is expected to release the minutes of its May meeting on Wednesday. Norwegian Cruise Line helped lead the market by gaining 7.6% after giving financial forecasts for the year that topped analysts’ expectations, causing Carnival and Royal Caribbean to also rise.


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Confidence

90%

No Doubts Found At Time Of Publication

Sources

98%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

CNBC Daily Open: New highs on Wall Street, Fed's Waller says rate cuts months away

CNBC News Abid Ali Wednesday, 22 May 2024 01:51
  • Unique Points
    • Federal Reserve Governor Christopher Waller does not think further rate increases are necessary but needs convincing before backing any rate cuts, first rate cut could come as early as September according to CME Group’s FedWatch Tool
    • Biden administration will release 1 million barrels of gasoline from reserves to reduce prices at the pump ahead of the Fourth of July holiday
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

95%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Markets News, May 21, 2024: S&P 500 Inches Up to Record Close; Ether Soars on ETF Hopes

Investopedia Wednesday, 22 May 2024 03:38
  • Unique Points
    • Lowe's shares fell despite beating top- and bottom-line estimates
    • Palo Alto Networks lost ground after issuing a lackluster current-quarter and full-year outlook
    • Ether surged after increasing confidence the SEC will approve a spot ether ETF
  • Accuracy
    • The Nasdaq Composite and the Dow Jones Industrial Average both rose 0.2% on Tuesday.
    • The S&P 500 crept up 0.3% to close at an all-time high.
    • Ether surged after big gains on Monday amid increasing confidence the SEC will approve a spot ether ETF.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (0%)
    None Found At Time Of Publication

96%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Nasdaq composite ticks higher to a record after a quiet day on Wall Street

The Los Angeles Times Stan Choe Monday, 20 May 2024 21:48
  • Unique Points
    • Norwegian Cruise Line helped lead the market by gaining 7.6% after giving financial forecasts for the year that topped analysts’ expectations.
    • Carnival rose 7.3% and Royal Caribbean gained 4.1% following Norwegian Cruise Line’s strong performance.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (95%)
    The article contains selective reporting as it only reports details that support the author's position of the stock market setting records. The author also uses emotional manipulation by stating 'revived hopes that the Federal Reserve will be able to cut interest rates this year as inflation hopefully cools.' and 'pressure has been rising on them amid still-high inflation, even if it's not as bad as before, and cracks seem to be most visible among the lowest-income customers.' These statements are intended to elicit an emotional response from the reader. The author also uses sensationalism by stating 'Norwegian Cruise Line helped lead the market by steaming 7.6% higher after giving financial forecasts for the year that topped analysts’ expectations.' This statement is meant to grab the reader's attention and create a sense of excitement.
    • The Standard & Poor's 500 rose 4.86 points, or 0.1%, to 5,308.13 to pull within 0.02 of its record set last week.
    • Most U.S. stock indexes edged higher after a quiet day of mixed trading Monday following their latest winning week.
    • Norwegian Cruise Line helped lead the market by steaming 7.6% higher after giving financial forecasts for the year that topped analysts’ expectations.
    • The Nasdaq composite gained 108.91 points, or 0.7%, to 16,794.87 to set its own all-time high.
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication