Stonk Tech

On June 13th, Adobe shares surged 17% in extended trading after reporting better-than-expected earnings and revenue, along with an optimistic full-year outlook.

On June 5th, the athletic apparel retailer only narrowly exceeded revenue expectations, despite surpassing Wall Street's earnings estimates.

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On May 31st, April’s PCE data is released, showing that Inflation in April rose as expected.

Follow Stonk for more updates on inflation & Fed’s rate cut!

The US Dollar (USD) is retreating from its peak performance after the latest US Gross Domestic Product (GDP) report released on May 30th, which highlighted consumer struggles with Personal Consumption falling from 2.5% to 2.0%. This economic data has erased gains made in the bond market the previous day. The GDP's second estimate showed a softer reading, leading to a further decline in the USD.

What are key economic data released on Wednesday? What will key levels look like if U.S. dollars keeps weakened? Check more in-depth analvsis on Stonk Tech!