EUR/USD 1.17359
0.003%
Gold 3644.12
0.279%
Oil 62.263
0.402%
USD/JPY 147.580
0.248%
GBP/USD 1.35611
-0.088%
GBP/JPY 200.144
0.176%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 14, Penske Media, the owner of Rolling Stone and Billboard, sued Google in a federal court in Washington, D.C. on Friday, accusing the latter of using its AI summary feature without permission and cutting website traffic. This is the first time that a major American publisher has filed a lawsuit against Googles AI-generated summaries. For months, several news organizations have said that these new features will divert users and erode advertising and subscription revenue. The lawsuit stated that AI summaries are currently displayed in about 20% of Google search results linking to its website, and the proportion is expected to continue to rise. As search traffic declines, the companys associated revenue will have fallen by more than a third from its peak by the end of 2024. Google responded on Saturday that AI summaries can provide users with a better experience and bring traffic to more different types of websites.According to the local governor: A fire broke out at the Kirish oil refinery in Russia after the wreckage of a drone fell, and the fire has now been extinguished.On September 14th, US media reported on the 13th that FBI Director Kash Patel was questioned for mistakenly announcing a "suspect in custody" in the assassination of Charlie Kirk, a political ally of US President Trump. Following the shooting on the 10th, local police in Utah quickly arrested one person, and Patel announced the arrest on social media. However, it was later confirmed that police had arrested the wrong person, with the shooter still at large. Patel will face questioning from lawmakers about this case and broader issues at a congressional hearing next week.On September 14th, five US F-35 fighter jets were spotted landing in Puerto Rico on Saturday, just as Trump ordered an additional 10 stealth fighter jets to the Caribbean last week to combat drug cartels and address tensions with Venezuela. Photos show the aircraft landing at the former Roosevelt Roads military base in Ceiva, Puerto Rico. US helicopters, Osprey transport aircraft, other transport planes, and US military personnel have also been spotted at the base in recent days. When asked about the situation, a Pentagon duty press officer stated, "We do not have any force deployment changes to announce at this time." Sources reported last week that the Trump administration had ordered the deployment of 10 F-35 fighter jets to Puerto Rico to carry out operations against drug cartels.A fire has broken out at an oil refinery in Russias Bashkortostan and firefighting is underway, with the production site suffering minor damage, the regional governor said.

S&P 500 Price Forecast – Stock Markets Give Up Yet Again

Skylar Shaw

May 19, 2022 10:47

微信截图_20220519100619.png


Technical Analysis of the S&P 500

Futures on the S&P 500 have rolled over just below the 4100 level, a place that I have been discussing for many days. This is a previously supported location, and "market memory" enters the picture to provide resistance. That resistance should continue all the way to 4150, but as you can see, we've plummeted before even trying a breakthrough. By plunging the way we have, it seems that there are still many worries in the stock market. It is also worth mentioning that Target indicated a slowdown during its results call. Many individuals are concerned about the US consumer, and as a result, there has been a lot of hostility.


If we turn around a break above the 4150 level, there is still a lot of resistance that stretches all the way to the 4300 zone, so I'm not looking to purchase this anytime soon. In fact, I believe we will test the lows once again, which are closer to the 3850 level. If we break down below that level, the fall will very certainly accelerate. I think that the prospect of the Federal Reserve failing to intervene is now dawning on some of Wall Street's thick heads, and this is reflected in the price.


Regardless, I have no intention of attempting to purchase this market any time soon since, quite honestly, it is a nightmare right now. The S&P 500 remains a "sell the rallies" position until the Federal Reserve changes its tune or economic data improves.

Suggestion