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15 May : A bit ‘meh’

US stock market had an uneventful day with little change in major indices
Chinese tech stocks and defense contractors were hit hard due to debt ceiling debate
Tesla stock was down 2.4% after raising prices in the US for the third time in a month

First Solar was the biggest gainer in S&P 500, up 26.5%, due to additional tax credits for clean energy manufacturers who source components from the US
Music streaming services are facing challenges from AI-generated fake songs and click factories
Most Asian stock markets made modest gains, with utilities and consumer staples performing well
Lady R debacle has been de-escalated, and South Africa’s neutrality on Ukraine could provide some leverage in upcoming summits
Market is uncertain, and investors are looking for safe places to invest

Information correct at time of publishing. It is important to conduct thorough research and analysis using a combination of fundamental and technical analysis techniques to make informed trading decisions.

Additionally, consider your risk tolerance, investment objectives, and time horizon when assessing company performance for trading. This content is not meant as financial advice.