Table of Contents:
Wall Street trend
Wall Street opened the day with a weak trend, maintaining the records reached in the previous session. Investors are cautious, focusing on central bank decisions and waiting for important macroeconomic data to be published later in the week. In particular, the focus is on the labor market in the United States, a crucial indicator for the country’s economic health.
The Federal Reserve’s expectations
The Federal Reserve, the central bank of the United States, will carefully review incoming macroeconomic data to decide on monetary policy.
Many analysts expect a possible cut in interest rates by 25 basis points at the next meeting scheduled in two weeks. This expectation has a significant impact on the markets, as interest rates directly influence investment decisions and the cost of credit for businesses and consumers.
Performance of the US indices
Analyzing the main US indices, the Dow Jones remains stable at around 44,805 points, while the S&P-500 continues without significant changes at 6,048 points. The Nasdaq 100 shows a slight decrease of 0.18%, while the S&P 100 remains almost unchanged with a slight increase of 0.02%. These data highlight a market that, although stable, is waiting for clear signs for the future
.
Focus on Tesla and Elon Musk’s compensation package
Among the companies that attract the attention of investors, Tesla stands out. Recently, a Delaware judge again rejected the approximately 56 billion dollar compensation package allocated to Elon Musk, citing irregularities in the approval process. This news caused quite a stir, as the compensation package had been the subject of discussion and controversy in the past. Investors are closely monitoring the evolution of the situation, as it could have significant repercussions on corporate governance and shareholder confidence
.
ServiceTitan and the initial public offering
In another interesting development, the American startup ServiceTitan is preparing to raise up to 502 million dollars through an initial public offering (IPO) in the United States. The company, which provides a cloud software platform for the crafts sector, offers 8.8 million shares with an estimated price between 52 and 57 dollars each. The listing on Nasdaq under the symbol ‘TTAN’ represents a significant step for ServiceTitan, which aims to expand its presence in the market and strengthen its
competitive position.
