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Arsenal’s ‘next Zlatan Ibrahimovic’ attracting interest from European teams ahead of loan move

Arsenal forward Nikolaj Moller is being targeted by several European teams who are keen on signing the youngster on a season long loan, football.london understands.

football.london learned earlier this month that the Gunners sent their loan list to a number of clubs based in the UK, with 18-year-old Moller among the talented players available for a spell away from north London.

Among the players who will be looking to increase their experience are highly-rated striker Moller and midfielder Ben Cottrell.


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Moller

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Wall Street stocks stage late rally ahead of Fed meeting

Stocks on Wall Street staged a late rally on Monday, erasing earlier losses ahead of a two-day US central bank meeting that will be closely watched for clues on the future path of monetary policy.

Wall Street’s S&P 500 index finished 0.2 per cent higher in New York, having been on course for a 0.2 per cent loss less than hour before the final bell. It marks another high for the index following a 0.2 per cent gain on Friday. The technology focused Nasdaq Composite index climbed 0.7 per cent.

Core US government debt sold off, taking the yield on

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Wall Street stocks drift ahead of US inflation data

Wall Street equities were mixed ahead of US inflation data later in the week that may determine the future direction of central banks’ monetary policies.

The broad-based S&P 500, Wall Street’s dominant equity gauge, closed lower by 0.1 per cent, while the technology-focused Nasdaq Composite index edged up 0.5 per cent.

The Stoxx Europe 600 gained 0.2 per cent to end the session at a high, however, as investors rotated into relatively cheap European equities. The UK’s FTSE 100 climbed 0.1 per cent.

Economists surveyed by Bloomberg expect US inflation data on Thursday to show consumer prices rose 4.7 per

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Wall Street rises ahead of key economic data this week; AMC soars

The latest leg of a surge in so-called “meme stocks” stood out on Wall Street on Wednesday, with the main stock indexes rising slightly ahead of closely watched economic data this week.

The technology sector rose 0.8%, providing the biggest boost to the benchmark S&P 500, while communication services and materials eased.

A weekly unemployment report and May private payrolls data on Thursday will be followed by monthly jobs numbers on Friday.

Investors are closely tracking the labor market’s recovery after an unexpected slowdown in jobs growth in April fanned inflation worries.

The benchmark S&P 500 has recovered most of

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A big jobs report looms in the week ahead, as markets enter the often-weak month of June

A trader works on the floor of the New York Stock Exchange.

NYSE

May’s employment report is the big event in the week ahead, as stocks enter the often weak month of June. Stocks are finishing May with a mixed performance. Big cap indexes like the S&P 500 and Dow notched gains. The S&P rose a half percent, and the Dow rose 1.9%. The small cap Russell 2000 was flat, up 0.1%, and the tech-heavy Nasdaq declined 1.5%.

June is not historically a strong month for stocks. Bespoke Investment Group points out that over the past 50 years, the Dow

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Stocks week ahead: Has Wall Street missed the boat on cryptocurrencies?

One reason banks are hesitant: Cryptocurrencies are still in regulation purgatory.

The US government, for example, can’t decide what they are. As currencies they face very little regulation. But as securities, such as stocks and other investments, they would face a different level of scrutiny.

In December 2020, the US Securities and Exchange Commission filed a lawsuit against crypto platform Ripple and its leadership for the alleged illegal selling of unregistered securities — in form of its cryptocurrency XRP — worth $1.3 billion.

The case, which is ongoing, suggests XRP is a security and not a currency, because otherwise securities

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Home Depot and Lowe’s Stocks Get More Wall Street Love Ahead of Earnings

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Home Depot reports earnings later this month.


Robyn Beck / AFP via Getty Images

Home improvement retailers

Home Depot

and

Lowe’s

will report first-quarter earnings later this month, and analysts are scrambling to raise their price targets on the stocks ahead of the results.

Wells Fargo’s Zachary Fadem is the latest to get more bullish on the shares. On Tuesday, he reiterated Overweight ratings on both stocks, while raising his price target on Home Depot (ticker: HD) to $360 from $330, and his target on Lowe’s (LOW) to $225 from $210.

Home Depot is up 0.6% to $334.91

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With Earnings Soaring, Wall Street Banks See Economic Boom Ahead

Strength in the banks’ investing, lending and trading businesses added to the euphoria. All three reported robust revenues across multiple lines of business, driven by a combination of active and rising markets, a flurry of new mortgage activity and the boom in special-purpose acquisition companies, or SPACs. Corporate merger and acquisition activity also marked an all-time high by dollar value.

Goldman — a dominant player in corporate advisory services and in markets — reported a doubling of revenue to $17.7 billion, from $8.7 billion, thanks to double-digit percentage gains in

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Stocks week ahead: Wall Street just showed the Reddit crowd how to really make money

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here.
As spectacular gains triggered huge losses for hedge funds that bet the shares would fall, a David versus Goliath narrative took hold. Finally, the little guy was triumphing against The Man, which had been cashing in on a rigged system for decades.

In the end, however, it turns out Goliath did pretty well.

Global hedge funds reporting data to Eurekahedge, a research group, saw returns of nearly 5% in the first quarter, roughly on par with … Read More

Wall Street sees long road ahead as Intel seeks to regain market share

By Akanksha Rana and Eva Mathews

(Reuters) – Intel Corp’s shares fell 7% on Friday as Wall Street analysts raised concerns about how soon the chipmaker can close the gap with rivals as it spends billions of dollars to increase manufacturing.

In recent years, Intel has struggled with building new manufacturing technology causing it to fall behind rivals Advanced Micro Devices Inc and Nvidia Corp in the race to make smaller chips with a faster processing speed.

Patrick Gelsinger, who returned to the company as CEO this year, has announced plans to spend as much as $20 billion to build

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