Top Market, Crypto, Tech and Politics Headlines Today While US Was Sleeping
Portfolio Pulse from Akanksha Bakshi
The article covers a range of topics including retail earnings, crypto market movements, US politics, world politics, world economy, tech updates, electric vehicle news, financial risks, and industrial updates. Key highlights include Jim Cramer's advice on FAANG stocks, investor sentiment decline post July's PPI, Donald Trump's Ethereum holdings, Elizabeth Warren's push for $17 minimum wage, Apple's iPhone 15 Pro updates, Ford's collaboration with Tesla, US banks facing deposit flight threat, and US Steel's response to Cleveland-Cliffs' offer.
August 14, 2023 | 12:51 pm
News sentiment analysis
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NEGATIVE IMPACT
Jim Cramer suggests sticking with a FAANG stock instead of Walmart ahead of retail earnings.
Jim Cramer's advice could potentially lead to a decrease in Walmart's stock as investors might choose to follow his advice and invest in FAANG stocks instead.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
US Steel brushes off Cleveland-Cliffs' $35 per share offer, making the deal less likely to close without 'meaningful concessions'.
US Steel's dismissal of Cleveland-Cliffs' offer could lead to uncertainty among investors, potentially causing a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Apple's iPhone 15 Pro models could still get 8GB RAM with a performance bump, but there's a catch.
The news about the potential performance bump in iPhone 15 Pro models could increase investor confidence in Apple, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Ford CEO shares charging reality check from F-150 Lightning road trip and mentions collaboration with Tesla.
The mention of collaboration with Tesla could boost investor confidence in Ford, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90