was down 0.44% in early deals, with oil and gas stocks up 0.64% as the lone sector in the green while travel fell 1.1%.The Stoxx dropped 0.
However, as the flow of earnings has dried up, attention has shifted back to the plans of the world's major central banks as they express caution over the inflationary outlook. "I have never seen anything like this in terms of the dramatic earnings acceleration it's displaying … it's never happened before to a company of this size, and it's unprecedented," he said Tuesday.is dominating headlines once again after its earnings last week surpassed expectations on the back of the artificial intelligence boom.
They named a number of overweight-rated stocks to play their favorite AI themes, including four with over 50% upside potential."Many more months of positive inflation data, I think, to give me confidence that it's appropriate to dial back," he said. He also noted the central bank could raise rates if inflation does not continue to ease."I don't think we should rule anything out at this point.
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