FMP
Jul 16, 2024 6:40 AM - Parth Sanghvi
Image credit: rivage
The Dow Jones Industrial Average closed at a record high on Monday, July 15th, fueled by increased optimism about the Federal Reserve's ability to combat inflation. Investors cheered comments from Fed Chair Jerome Powell, who suggested recent inflation data bolstered the Fed's confidence in bringing inflation under control.
Market Reaction to Powell's Speech
Powell's Message: Inflation Progress, Not Victory
Market Implications
Empower Smarter Investment Decisions with FMP's Macroeconomic Data API! (Link to FMP Macroeconomic Data API)
This powerful API allows you to:
What are your thoughts on the Fed's approach to inflation? How do you think it will impact the stock market in the coming months? Share your comments below!
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 16, 2024 8:06 PM - Gordon Thompson
On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...